Salt River, Cape Town  14 September 2024

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International

Israel-Palestine conflict might create risks at energy supplies, expert says

The Israel-Palestine war would create major global risks by disrupting energy supplies and pushing up oil prices, an expert says, The Guardian reports. In the article “How will the Israel-Hamas war affect oil prices and the global economy?”, the Guardian Economics Editor, Larry Elliott, discussed the effect of the current conflict between Israel and Palestine on energy prices. According to the article, one of the rules of the thumb of […]

today19 October 2023

International News

IMF warns of deeper MENA recession and rising social unrest risks

The economic outlook for the Middle East and North Africa (MENA) was already grim as the region struggles to cope with the fallout of the coronavirus pandemic. On Monday, that horizon darkened further as the International Monetary Fund (IMF) projected an even deeper recession for the region, and warned of the spectre of rekindling social unrest as inequality and poverty deepens. The IMF now sees economic growth in the Middle […]

today14 July 2020

Local

Save SA blames GDP shock on ‘recession president’ Zuma

Save South Africa has blamed the country’s entry into a second recession in eight years on the “recession president” Jacob Zuma. “The Save South Africa campaign is concerned, but not surprised, at the figures released by Stats SA (Statistics South Africa) yesterday, which confirm that South Africa is officially in a recession,” it said in a statement on Wednesday. Stats SA revealed on Tuesday that the country is in a […]

today7 June 2017

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