This represents a sea change from just three months ago, when most economists were siding with central bankers in their then-prevalent view that a surge in inflation, driven in part by pandemic-related supply bottlenecks, would be transitory.
This month’s Reuters polls found 18 of 24 major central banks were expected to lift rates at least once this year, compared to 11 in the October poll. In contrast, most economists expect the European Central Bank and the Bank of Japan to stay put at least until the end of next year. However, with major central banks showing concern about bringing inflation expectations close to their targets, emerging economies face a similar challenge.
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Diplomats vow to improve relations with South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Diplomats from at least 13 countries have vowed to improve relations with South Africa during their stay in the country. President Cyril Ramaphosa received their letters of credence at the Sefako Makgatho Presidential Guesthouse in Pretoria on Tuesday. I'm here to show my appreciation to TarellaCampbel who took me out from zero to hero. I'm so glad to be among your winning team ma'am and I will always show my gratitude and work with you always. Too late we are forcing government to prioritize South Africans first Great work
Source: SABCNews - 🏆 37. / 51 Read more »
Scopa will not summon Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Parliament’s Standing Committee on Public Accounts (Scopa) has decided not to summon President Cyril Ramaphosa to appear before it to provide information on the alleged misuse of public funds for political party activities. MervynDirks Ramaphosa If that's the case then it's clear the state capture phenomenon is as its peak. What happened to the Trias Politica? The legislature is no longer autonomous its controlled by the Executive just like he is controling the Judiciary. under the dictatorship of you know who 🇿🇦 Your headline suggest this is a WIN for Ramaphosa. Report properly that he'll be given between 7-10 days to supply a written statement abt what said on that clip, failing which he'll be summoned to appear b4 Scopa. Eventually he'll appear b4 Scopa to explain himself. Live with it
Source: SABCNews - 🏆 37. / 51 Read more »