Angola ditches dollar peg
A steep depreciation is expected in the artificially-overpriced kwanza when, following the scrapping of the peg, it is exposed to market forces
Zimbabwe adapts to life after Mugabe
After nearly four decades in power, Robert Mugabe has resigned as the leader of Zimbabwe. The country must now find its feet without its longstanding prime minister
President Macri welcomes foreign investors as part of Argentine economic recovery
As he looks to shake the burden of Argentina’s recent past, President Macri is planning significant economic reforms to secure the country’s pivot to financial openness
US lawmakers strike deal on tax cuts
House and Senate Republicans have hashed out their differences over the tax reform bill, agreeing to reduce the corporate tax rate to 21 percent
Will new anti-money laundering legislation be a help or hindrance?
The sanctions and anti-money laundering bill is progressing towards passing as law, but will it protect the UK’s economy or make an already-complicated system harder to negotiate?
European finance chiefs critique Trump’s tax plan
In its current form, Trump’s tax overhaul would constitute an ‘illegal export subsidy’ and unfairly benefit the US, according to the finance ministers of the five largest European economies
New Eurogroup President set to bring anti-austerity slant to Europe
Mário Centeno, who has fought against austerity as Portuguese Finance Minister, will become the next President of the Eurogroup
China suffers ageing population nearly 40 years after introduction of one-child policy
Almost 40 years ago, China took a drastic step to tackle overpopulation. Now, plunging fertility and slowing birth rates are threatening the very foundations of its economy
US must tackle growing skills gap
With pressure to reskill the US workforce mounting, measures must be taken to counteract the problems incurred by the growing skills gap
Singapore unveils plans to create 4,000 jobs
The Monetary Authority of Singapore has revealed new plans to strengthen its status as one of the principal financial hubs in Asia
Xi Jinping warns of economic challenges at China Communist Party congress
In his address to the Communist Party congress, Chinese President Xi Jinping discussed the country’s achievements but also warned of future economic hurdles
Central bankers cautious that low inflation could extend stimulus policies
International central bank leaders warned that, despite optimism for the world’s economy, emergency monetary policies still can’t be relaxed
Hong Kong housing market unimpressed by Chief Executive Lam’s maiden speech
In her first policy speech, Hong Kong Chief Executive Carrie Lam set out a number of proposals on housing, inequality and technological innovation
Chinese Government rolls out trust ratings to combat corruption
In a bid to generate a ‘sincerity culture’, the Chinese Government is in the process of providing every citizen with a trustworthiness rating. But can you force trust?
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