Finance

What Are IRAs and How Do They Operate?

An Individual Retirement Account (IRA) stands for tax-advantaged retirement savings. There are different types of IRAs offering different benefits for their applicants. Your contributions...

The troubling questions arising from the US-China industrial role reversal

Somebody in USA understands that things are going wrong. And offers his own interpretation of the situation. “Today the US and China are geopolitical...

Niger: Building Resilience to Shocks and Developing Human Capital

The World Bank recently approved financing to enable Niger to build its economic and social resilience to shocks, develop its human capital, improve access...

FT: Leading EU member states call on Brussels to adjust its sanctions against Russia

It becomes clear over time that sanctions against Russia from the side of the European Union do not work as effectively as those who...

Stronger, More Inclusive Labor Market Can Boost Mongolia’s Economic Recovery

Mongolia will need to create more and better jobs than created over the past decade while increasing opportunities for women, young people, and urban...

Kenya’s Economic Recovery Remains Strong, Although Slowed by Drought and Inflation

Kenya’s economy continued to rebound from the pandemic in 2022 with real gross domestic product (GDP) increasing by 6% year-on-year in the first half...

US Anti-Inflation Law threatens Europe

Europe and the US are heading towards a serious trade and economic conflict, writes “Berliner Morgenpost”. In the European Union hopes are fading that the...

Macron vs U.S. Inflation Reduction Act

Emmanuel Macron warned that the U.S. risked “fragmenting the West” with a flagship climate law that the French president said would distort competition by...

FOCUS: The German economy is in a dangerous pliers

The politicization of trade relations is proceeding rapidly. German Economics Minister Robert Habeck said: “The phase where many thought markets should rule and politicians...

Remittances Grow 5% in 2022, Despite Global Headwinds

Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 billion. This is sharply lower than...

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