
Africa’s Growth Is Not Permission To Cut The Lifeline
The IMF upgraded Africa’s growth outlook while warning that aid cuts, inflation and the next shock could still turn resilience into a very expensive compliment.
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The IMF upgraded Africa’s growth outlook while warning that aid cuts, inflation and the next shock could still turn resilience into a very expensive compliment.
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China and North Korea finally opened a bridge completed in 2014. Concrete moves faster than diplomacy, but apparently only after a twelve-year coffee break.
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Retail sales rose in September, but the heroic consumer in this story looks suspiciously like a gas pump holding everyone’s wallet hostage.
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September’s producer prices jumped 1.3%, while new unemployment claims barely moved. The fresh data refuse to squeeze into one convenient campaign slogan.
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Kevin Warsh wants a quieter central bank. Other Fed officials keep explaining themselves. Borrowers should not need a decoder ring.
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