Video Summary China’s property sector has been struggling, with a significant impact on the country’s overall economy. The sector, which accounts for 25% of China’s GDP, has been in a downward spiral since 2018. The problem is not just a matter of a lack of confidence among buyers, but also a massive overhang of unsold […]
Video Summary Nigeria, a country with the 10th largest oil reserves in the world, is facing a severe economic crisis. Despite being rich in oil, the country is home to rampant inflation, with the currency being one of the worst performing in the world over the last 12 months. The country has seen a significant […]
Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24. The Ukrainian economy was heavily hit by Russia's full-scale war. At the start of the invasion, inflation skyrocketed to 26.6% in 2022 from 10.0% in 2021. It subsided the […]