Nigeria is scrambling to adjust its economic recovery plan after fuel prices spiked over 50% since the Iran conflict began. The sudden price jump, from around 880 naira to 1, 330 naira per liter, has made life harder for normal Nigerians and small businesses struggling to keep up. Even though the co
The Cuban leader has urged the country to act fast on sweeping changes to its economy and society because oil supplies are running low. During a meeting of top officials, he said the government must immediately work on new plans to reshape how business and local governments operate. The call comes a
Senegal is in a hurry to wrap up talks with the International Monetary Fund (IMF). The country's finance minister shared this news recently, hinting at progress in handling a massive debt problem. The debt situation is serious, with figures showing it reached 132% of the country's GDP by the end of
Vietnam is at a crossroads, with To Lam, a figure known for his bold moves, aiming to extend his leadership. His journey to the top has been swift, marked by significant reforms and a strong leadership style. The Communist Party, which has been in charge for a long time, is set to make a decision so
Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th
Portugal saw a massive strike recently. It was the biggest in over a decade. Almost a million workers joined in. They were unhappy with the government's new work rules. The government wants to change the rules. They say it will help the economy grow. But workers think it takes away their rights. Th
In Israel, the finance minister, Bezalel Smotrich, is set to discuss the 2026 budget with Prime Minister Benjamin Netanyahu. This budget includes plans to boost the economy and tackle rising living costs. The budget is expected to be presented to the cabinet on December 4th. However, approval by th
Ukraine is in hot water, and not just because of the ongoing war. The country is facing a big corruption scandal. Five people have been arrested, and two more are still on the run. They are accused of trying to control purchases at the nuclear agency Energoatom and other state-owned companies. This
Zohran Mamdani's victory in the New York mayoral race is a big deal, showing how the city's politics are moving further left. He ran on a platform that included big changes like freezing rents, offering free childcare, and running city-owned grocery stores. These ideas are part of a larger push to m
Argentina is at a critical point. On Sunday, people will vote in an election that could shape the country's future. President Javier Milei's ambitious economic plan is on the line. His vision focuses on free markets and cutting government spending. But not everyone is happy with his approach. Milei
