Commodity prices reached very high levels this year. A rebound in the world's largest economies was driving demand for food, energy, and metals. The massive amount of liquidity injections along with the loose monetary stance and vaccine-driven optimism certainly...
Latest economic facts about Canada : Canada is one of the wealthiest nations in the world. With a $1.6 trillion GDP, Canada is ranked as the ninth-largest economy after Italy. The services industry is dominant and accounts for 70% of the GDP while manufacturing and...
Poland is the seventh-largest economy in the European Union and the largest of Central and Eastern European (CEE) economies. The Polish economy accounts for 36% of the CEE's total GDP. Poland has emerged as a dynamic market over the last three decades and has become a...
Brazil is the largest economy amongst all Latin American countries and the ninth-largest in the world. The country occupies half of South America's land area, both in size and population. In 2020, Brazil's GDP amounted to around $1.37 trillion. In comparison to the...
The world continues to fight against the economic and social disruption caused by the COVID-19 pandemic and a sustained recovery significantly depends on the course of the virus and a rapid vaccine rollout. Things are not different for the world's largest economy, the...
The Covid-19 pandemic has caused a big shock to sub-Saharan Africa and led to its first downturn in 30 years- threatening to wipe out decades of economic progress. According to the IMF's latest report, the region contracted by an estimated 2.6% in 2020. Lower private...
One of the most challenging years in modern history is finally over; leaving the world with serious political and social uncertainties that emerged due to the Covid-19 pandemic. Many countries were under strict lockdowns in 2020 against the spread of the Covid-19...
Kenya has had a sustained GDP growth over the past decade with an average growth rate of 4.6 percent in annual basis. In 2019, the economic growth was 5.4 percent, making the country to be one of the fastest expanding economies of Sub-Saharan Africa. Annual GDP...
While the loss of human life is the most critical aspect of an epidemic, the spread of a virus can also have a huge toll for national economies. The countries are affected through health, transportation, agriculture, tourism and foreign trade channels. The global...
In the financial markets, gold is usually attributed to the “commodities” category. Along with gold, other metals such as silver, platinum, copper are also ascribed to this asset class. Commodities comprise a wide range of products in the like of cocoa, cotton, crude...