The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Why blame the petroleum minister for not hiking oil prices when no one else is arguing for market prices? Poor Ram Naik and Mani Shankar Aiyar! They got all the blame for messing up with oil prices and halting the reforms that had been initiated with the proposed dismantling of …
With the under-recoveries on motor fuel "threatening to go out of control' and international crude prices showing no sign of receding, Prime Minister Manmohan Singh is likely to convene a meeting of the Petroleum and Natural Gas and Finance Ministries to sort out the "dispute' pertaining to issuance of enhanced …
The oil bubble: Set to burst?" That was the headline of an October 2004 article in National Review, which argued that oil prices, then $50 a barrel, would soon collapse. Ten months later, oil was selling for $70 a barrel. "It's a huge bubble," declared Steve Forbes, the publisher, who …
Rising global crude oil prices could slow down the country's economic growth in 2008-09 to between 8-8.5 per cent, the Chairman of the Prime Minister's Economic Advisory Council, Dr C. Rangarajan, has said. This estimate is lower than the 8.5 per cent growth projected for 2008-09 by the Advisory Council …
The so-called oil bubble 'The Oil Bubble: Set to Burst?" That was the headline of an October 2004 article in National Review, which argued that oil prices, then $50 a barrel, would soon collapse. Ten months later, oil was selling for $70 a barrel. "It's a huge bubble," declared Steve …
CLEAN CAR WARS HOW HONDA AND TOYOTA ARE WINNING THE BATTLE OF THE ECO-FRIENDLY AUTOS BY YOZO HASEGAWA, TRANSLATED BY ANTHONY KIMM WILEY, PAGES: 200; PRICE: $24.95 A FUNDAMENTAL CHANGE HAS BEEN TAKING PLACE in the auto industry since the 1960s and 1970s. The first was the birth of green …
Managing Inflation has become a bugbear for everyone in this country. The galloping inflation has made the life of ordinary citizen miserable in as much as it has become very difficult to make both ends meet. Prices of foodgrains, oil, milk, vegetables and other essential commodities which constitute an average …
THE Chichewa people in Malawi have a saying: Njala ndi chilombo. It means "Hunger is a beast". Today, the beast is rampaging around the world and particularly Africa, where shortage of food threatens to undo recent economic and political gains. Climate change is partly to blame. But there is another …
High gasoline prices could lead to a dramatic saving in US greenhouse-gas emissions. That's the conclusion of economists in the US, who suggest high fuel prices are turning consumers off SUVs and onto smaller, more fuel-efficient vehicles. What's more, car owners are predicted to cut back on driving in order …
Deals reflect intensifying competition in the US car market. As the credit crunch intensifies, carmakers are turning to an unusual way of moving vehicles off dealership lots: offering to throw in the petrol. In the UK, Fiat offers a payment-free period of nine months plus
Some of the nation's largest oil companies have agreed to pay about $423 million in cash to settle a lawsuit brought by more than a hundred public water providers, claiming water contamination from a popular gasoline additive. Gas Prices Expected to Peak in June (May 7, 2008) The terms of …
Japan's average retail price of regular gasoline rose to an all-time high of 159.20 yen per liter as of Monday, surpassing the previous record of 155.50 yen set last December, the Oil Information Center said Wednesday. The average price was up 5.80 yen from last Thursday, when many gas stations …
No-frill carriers begin aggressive marketing to attract passengers despite skyrocketing jet fuel prices that have affected the financial health of the aviation industry. Though full-service carriers have already decided to hike base fare by 10 per cent and also raised fuel surcharge, some major lowcost airlines have begun promotions to …
The CNG conversion kits prices reached historic peak after witnessing 10 percent further increase following the fresh hike in petroleum products. The prices of CNG kits were earlier increased twice soon after the increase in gasoline rates, which had been raised four times during the last two months. Several retailers …
After US President George W. Bush's remarks linking Indians' food habits to rising prices of commodities globally, the US is now faulting India and China for the surge in oil prices to record levels. The White House also sought to calm the frayed nerves in India to Mr Bush's remarks …
The US favours higher standards of living in developing countries, the White House said on Monday, while sticking to its proposition that increased demand for food in these countries is the principle driver of higher prices across the world.
After President George W Bush's remarks linking Indians' food habits to rising prices of commodities globally, the US is now faulting India and China for the surge in oil prices to record levels. The White House also sought to calm the frayed nerves in India to Bush's remarks that the …
