Tuesday , 16 December 2025

Recent Posts

Biggest African bank to raise $20bn to fund green projects

  Bloomberg Standard Bank Group Ltd., Africa’s biggest lender by assets, plans to raise as much as 300 billion rand ($20 billion) by 2026 to help fund renewable energy projects, even as it remains open to supporting fossil fuels. The Johannesburg-based lender pledged to achieve a net zero carbon emissions target from its own operations by 2040 and from its …

Read More »

BOE plays tough cop in UK economy role switch

  Bloomberg Like they did after the 2008 crash, the UK’s two economic policy heavyweights are playing good cop-bad cop. It’s just that this time they’ve swapped roles. In the years following the financial crisis, the Bank of England (BOE) stuck resolutely to easy money while fiscal policy got tough when Chancellor of Exchequer George Osborne imposed swingeing budget cuts. …

Read More »

Brazil to slow rate hike pace

  Bloomberg Brazil’s central bank will likely slow the pace of interest rate increases as it calibrates one of the world’s most aggressive monetary tightening cycles despite a breakneck surge in local fuel prices. Policy makers will raise the benchmark Selic by 100 basis points to 11.75%, according to 38 of 44 economists in a Bloomberg survey. Four of them …

Read More »