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Saudi Arabia, the UAE, Algeria, Egypt, Bahrain, and Iran have formally asked to join the BRICS group of nations as it prepares to hold its annual summit in South Africa. In total, 19 nations have expressed interest in joining the…

Diesel demand in the United States has been falling in recent months, also reflected in declining wholesale and retail diesel prices, pointing to a slowdown in industrial and freight activities and intensifying fears of a recession in the…

Diesel demand in the United States has been falling in recent months, also reflected in declining wholesale and retail diesel prices, pointing to a slowdown in industrial and freight activities and intensifying fears of a recession in the…

Airlines are finally emerging from the gloom of the global pandemic. Having weathered record fuel prices and a sharp downturn in customers, the industry is looking forward to a surge in demand, with major airlines forecasting bumper…

Oil prices continued to sell off on Tuesday morning, with WTI losing more than 3.5% after China's PMI data for April came in lower than expected. Chart of the Week Last Hurrah for the US Gulf of Mexico…

Pundits have called for the creation of an overarching body that wil be responsible for the management of Ghana’s Blue Economy. This follows calls by the National Fisheries Association of Ghana (NAFAG), for the establishment of a Blue…

US Treasury Secretary Janet Yellen has warned that the US may run out of cash by 1 June if Congress fails to raise or suspend the debt ceiling. Reaching the debt ceiling would mean that the government is unable to borrow any…

The Ministry of Fisheries and Aquaculture Development has pledged to cut the importation of fish into the country. According to its Deputy Minister, Moses Anim, it will adequately support local fish farmers to boost fish production.…

The Financial Stability Fund (FSF) is finally set to come into play with a US$750million disbursement from the Ministry of Finance. The sum, which translates to approximately GH¢9billion – or 60 percent of the aspirational GH¢15billion,…

The majority of banks that have released their 2022 audited financial statements have recorded losses. Twenty out of the 23 banks, which is about 86.9%, who have released their statements as of April 28, 2023, registered losses in the…