Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Nigeria’s central bank will likely keep its key interest rate unchanged on Tuesday after data showed the economy’s recovery remains weak. Gross domestic product in the continent’s biggest oil producer expanded 0.5% in the three months through March from a year earlier, the

The Breakout Cities on the Forefront of America’s Economic Recovery

The Breakout Cities on the Forefront of America’s Economic Recovery

Even before Covid-19, these rising stars—such as Greenville, Des Moines, Iowa, and Provo, Utah—had been quietly building out vibrant economies in the shadow of bigger metropolises. During the pandemic, they have drawn workers and businesses with large and affordable homes, ample access to outdoor space and less congestion. They also have a mix of high-tech

Mothers are being left behind in the economic recovery from COVID-19

Mothers are being left behind in the economic recovery from COVID-19

“It is unclear whether child-care issues will prevent women from returning to employment as the economy recovers,” wrote economist Betsey Stevenson (University of Michigan) in a July 2020 essay for The Hamilton Project. In the essay, Stevenson laid out a set of economic indicators and issues that if left unresolved, could lead to permanent labor

Cruise Tourism Market Size to Grow by USD 4.24 billion | Strong Global Economic Recovery and Increasing HNWIs to Boost Market Growth

Cruise Tourism Market Size to Grow by USD 4.24 billion | Strong Global Economic Recovery and Increasing HNWIs to Boost Market Growth

NEW YORK, July 5, 2022 /PRNewswire/ — Cruise tourism is a popular type of tourism that involves the exploration of new places, coupled with luxury and entertainment. Cruise lines offer various activities such as sports, shopping, water games, video games, and numerous other leisure activities. Technavio has announced its latest market research report titled Cruise

Anchorage mayor announces new committee to foster economic recovery

Anchorage mayor announces new committee to foster economic recovery

Mike Robbins serves as chair of the Anchorage Economic Revitalization and Diversification Committee. (Wesley Early/Alaska Public Media) Anchorage Mayor Dave Bronson announced a new committee Wednesday to help guide economic recovery in the city. Anchorage’s economy has been in recession since around 2016, coinciding with the drop in the price of oil. The city was just