Economy | Latest Headlines Economy News

White House: Vice President Harris Launches Women in the Sustainable Economy Initiative, Totaling Over $900 Million in Commitments

YoopyaNov 16, 2023November 16, 20230

In the 21st century, no economy can get ahead if half of its population is left behind. In our rapidly modernizing global economy, the Biden-Harris

Zimbabwe to launch gold-backed digital currency

YoopyaMay 2, 2023May 2, 20230

The Central Bank of Zimbabwe said on Friday that Zimbabwe will launch a digital currency next month by issuing “tokens” backed by gold reserves that

Nigeria to prioritise taxes from digital non-resident firms in 2022

YoopyaJan 22, 2022February 27, 20230

Nigeria will prioritise tax collection from its digital economy in 2022 and focus on non-resident firms with significant economic presence that generate turnover in the

Elon Musk offloads $5 bn in Tesla shares days after Twitter poll

YoopyaNov 11, 2021June 13, 20230

Tesla CEO Elon Musk has offloaded company shares worth $5 billion, days after setting off a Twitter poll — in which millions voted — asking

Bitcoin hits $1 trillion market cap, soars to another record high

YoopyaFeb 19, 2021June 15, 20230

Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an economic

After Wall Street pares losses, Stocks are mixed and oil plunges

YoopyaApr 20, 2020June 14, 20230

Stocks are mixed in midday trading after Wall Street trimmed its sharp losses from earlier in the morning following another collapse in oil prices. The

Urgent question from small businesses: When will aid arrive?

YoopyaApr 1, 2020June 14, 20230

When will the money arrive? That’s the urgent question for small business owners who have been devastated by the coronavirus outbreak. They’re awaiting help from

G7 pledges to do whatever is necessary to restore growth

YoopyaMar 24, 2020June 14, 20230

G7 finance ministers and central bank chiefs on Tuesday vowed to do whatever is necessary to safeguard jobs and the economy from disruptions caused by

Chinese central bank to pump $173 bln to economy in virus boost

YoopyaFeb 2, 2020June 14, 20230

China’s central bank said Sunday it would pump 1.2 trillion yuan ($173 bln) into the economy as it ramps up support for a nationwide fight

West African Finance Ministers Inch Closer to Single Currency

YoopyaJun 20, 2019February 27, 20230

West African finance ministers and central bank governors agreed on technical issues surrounding the creation of a single currency for the Economic Community of West