Facts & Evidence in Financial Markets, Economics, Business, & Politics in the United States and Africa
A new class war is emerging among millennials
U.S. credit card debt reached the $1-trillion benchmark
Inflation increased for the first time since July 2022
The U.S. government will add $5 billion to its debt everyday for the next decade
Nigeria cuts electricity supply in Niger, causing the country blackouts and an economic crisis
The IMF calls out African central banks for misguided currency regulations
U.S. trade deficit narrowed in June as imports declined
Fuel prices surged 17% in Tanzania due to U.S. dollar shortage and excessive government borrowing
The war in Ukraine is deepening food shortage in African countries
Half of Ghana's government debt has been written off
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