Wednesday , 17 December 2025

Recent Posts

Tanzania’s central bank says inflation remains low

Bloomberg Tanzania’s central bank said inflation remains low, within its target range of 3% to 5%, despite a recent increase in oil prices, and that the risk to the outlook is moderate. The improving global economy will provide “great impetus” to a recovery in Tanzania, the central bank’s Monetary Policy Committee said in a statement Saturday following its latest meeting. …

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India eyes phased roll out of central bank digital currency

Bloomberg The Reserve Bank of India (RBI) is considering a “phased introduction” of a central bank digital currency as it will need legal changes to be made in the nation’s foreign-exchange rules and information-technology laws, Deputy Governor T. Rabi Sankar said. Delivering a speech to outline the RBI’s plans, Sankar said that policymakers were considering running pilot programs for the …

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A supercar with creature comforts

Bloomberg On its website, Mercedes-Benz describes the 2021 Mercedes-AMG GT63 S as “a four-door supercar.” This is a bit much, notwithstanding the fact that at 16 mpg in the city, it is about as thirsty as one. Mention a supercar built for four and image of the $1.7 million Koenigsegg Gemera would spring to mind, or the menacing and tactical …

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