The Stagflationary Debt Crisis Is Here
Opinions

The Stagflationary Debt Crisis Is Here

Nouriel Roubini, NEW YORK – For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that central banks’ attempt to fight it would cause a hard economic landing. When the recession comes, I warned, it will be severe and protracted, with widespread financial distress […]

Canon Academy Video a Virtual Film School launched-North Africa
Africa ICT

Canon Academy Video a Virtual Film School launched-North Africa

Dubai, United Arab Emirates, September 22nd, 2022: Canon Central and North Africa announced the launch of its revolutionary virtual film school called Canon Academy Video,’ aimed at providing filmmakers with a dynamic, interactive, and engaging educational platform. The company has remained committed to advancing educational and empowerment opportunities in Africa and has a myriad of […]

Transforming the Economics and Governance of Water
Opinions

Transforming the Economics and Governance of Water

Mariana Mazzucato, Ngozi Okonjo-Iweala, Johan Rockström, and Tharman Shanmugaratnam, LONDON – The floods, droughts, heatwaves, and fires that are devastating many parts of the world underscore two fundamental facts. First, damage to freshwater supplies is increasingly straining human societies, especially the poor, with far-reaching implications for economic, social, and political stability. Second, the combined impact […]

Why US Inflation Is Headed Down
Opinions

Why US Inflation Is Headed Down

Dambisa Moyo, NEW YORK – US inflation remained stubbornly high in August, with prices increasing at an annual rate of 8.3%. While this higher-than-expected increase has disappointed some economists, US Federal Reserve Chair Jerome Powell’s commitment to raising interest rates – which he emphasized in his recent Jackson Hole speech – will surely dent US inflation by squeezing demand. And […]