Buildings in Auckland, New Zealand, on Monday, May 22, 2023. Bloomberg | Bloomberg | Getty Images New Zealand experienced a 0.1% decline in gross domestic product (GDP) during the first quarter, as reported by government data on Thursday. This contraction occurred as the country’s central bank implemented one of the most aggressive rate hike cycles …
Amidst China’s economic recovery after a spike in consumer and business activity early in the year, weak economic data has sparked conversations about the necessity of a boost in fiscal stimulus. Research firm China Beige Book highlighted that while prices in China’s housing market continue to rise, sales have slowed. Therefore, economists suggest that the …
DAKAR, Senegal – June 2, 2023: Supporters of Ousmane Sonko, the opposition leader jailed for “corrupting the youth,” protested in the Senegalese capital. The country’s political stability has been threatened by violent clashes between security forces and Sonko’s supporters. Human Rights Watch and other organizations called for the release of those wrongfully held and for …