Economy News
Latest articles and news about Economy on AXL Media.
Latest Articles
- Ethiopian Economic Growth Set to Reach 10.2 Percent Amid Major National Infrastructure and Green Transformation
Published: Apr 30, 2026
Section: Africa
African Union Director Botho Kebabonye Bayendi confirms that Ethiopia is projected to achieve nearly double digit economic growth during the 2025/2026 fiscal year. The nation is cu...
- Kenya Sacrifices Domestic Energy Sovereignty as Changamwe Refinery Idles Amid Turkana Oil Exports
Published: Apr 30, 2026
Section: Africa
Strategic analyst Alex Munyua argues that Kenya has trapped itself in a cycle of dependency by exporting raw crude while importing refined fuel at massive costs. Despite discoverin...
- Economic Experts Forecast Federal Wage Increase Will Not Ignite Inflationary Pressure in Nigeria
Published: Apr 28, 2026
Section: Africa
Top economists have dismissed concerns that the Federal Government’s pay rise for specific civil service segments will drive up inflation, citing low public sector wages. Analysts...
- Nigerian Investors Outpace Global Competition in Premium Domain Sales with Payouts Reaching $65,000 per Asset
Published: Apr 25, 2026
Section: Africa
A new economic investigation reveals that Nigerians have become the fastest growing nationality in the international premium domain market, frequently flipping digital assets for s...
- President William Ruto targets first world status for Kenya with 50 megadams and tripled power capacity
Published: Apr 24, 2026
Section: Africa
President William Ruto outlined a strategic roadmap in Rome to transform Kenya into a first world economy through infrastructure expansion and energy growth. The plan prioritizes t...
- Prime Minister Mark Carney Urges Canada to Sever Economic Dependency on United States Amid Tariff Surge
Published: Apr 19, 2026
Section: US & Canada
Canadian Prime Minister Mark Carney declared on Sunday that historical economic reliance on the United States has transitioned from a national asset into a structural vulnerability...
- Russia Curtails State Stimulus for Private Sector as Federal Deficit Surpasses Strategic Targets
Published: Apr 19, 2026
Section: Global Economy
Economic Development Minister Maxim Reshetnikov announced a significant reduction in state subsidies and concessional lending for Russian businesses as the nation's fiscal reserves...
- Russia’s Wartime Economy Faces Steep Contraction as Artificial Stabilization Measures Falter
Published: Apr 19, 2026
Section: Opinion & Analyses
Despite initial resilience following the invasion of Ukraine, the Russian economy has entered a period of contraction as the limits of state-controlled financial coercion are reach...
- Prime Minister Anwar Ibrahim Signals Potential Cabinet Salary Reductions Amid Escalating Middle East Economic Fallout
Published: Apr 17, 2026
Section: Asia
Malaysian Prime Minister Anwar Ibrahim announced that his administration is prepared to implement ministerial pay cuts should the Middle East conflict continue to destabilize the n...
- Marshall Islands Government Implements Emergency 3 PM Shutdown to Combat Fuel Crisis
Published: Apr 17, 2026
Section: Companies & Industry
The Marshall Islands government has initiated a mandatory 3 PM daily closure for non-essential offices as part of a 90-day Emergency Electricity Savings Policy. This drastic measur...
- China’s Fragile Economic Recovery Faces Severe Threat as Iran Conflict Escalates Energy Volatility
Published: Apr 16, 2026
Section: Global Economy
China’s initial 2026 growth of 5.0 percent is under immediate pressure as regional instability in the Middle East disrupts global trade networks and energy security. Despite beatin...
- China Reports Surprising 5 Percent GDP Growth as Manufacturing Offsets Protracted Weakness in Retail Sales
Published: Apr 16, 2026
Section: Asia
China’s gross domestic product expanded by 5% in the first quarter of 2026, surpassing expectations despite the ongoing conflict in Iran. While industrial production and technology...