Goldman Sachs to layoff up to 1,800 employees despite registering strong profits
Goldman Sachs reported second-quarter profit in July 2024 that more than doubled...
Covid-19
South Africa’s unemployment soars to record levels
As the most industrialised country on the continent, unemployment in South Africa...
Go Green with GBO: Renewable energy sparks economic growth in Southern Europe
Around 25% of the total electricity demand was satisfied by wind energy...
High interest regime over? ECB, BoC loosen monetary policies
ECB President Christine Lagarde said that the central bank needs more time...
Can ECB go ahead with rate cuts? Researchers say yes
The research argued that a percentage point of lost economic production would...
Despite UK job market’s cooldown, starting wages go up 6.5% in May 2024
Increased salaries have not yet translated into an economic feel-good factor due...
UAE leads MENA region in travel & tourism development index
Among high-income economies, only the UAE and Saudi Arabia were ranked in...
Shorter supply chains, bigger challenges
Reliable data, not just anecdotal evidence, indicates that global supply chains are...
‘Poor’ UK stares at a grave crisis
The productivity revolution that altered the world began in Britain, yet today...
Italy persistently advocates for relaxed EU budget limits despite high debt
Italy has no plans to significantly reduce its debt in the near...