SENETOILE NEWS
média citoyen libre du Sénégal
Stagflation is here — and the markets are finally responding. Growth is fizzling out, yet inflation is proving too stubborn for the Federal Reserve to justify action. The result? A cornered central bank, with President Trump and the bond market setting the pace.
This is the stark analysis of Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organizations.
In the face of a potential debt crisis, an African Stability and Liquidity Mechanism could help ensure macro-financial stability and reasonable funding costs for African governments.
As they struggle to secure investment to aid post-Covid recovery, African governments are facing the spectre of a debt crisis that threatens to become as big as that of the 1980s.
