Insights

Currency substitution, also known as dollarization, refers to a country’s use of a foreign currency in parallel to or in place of its own domestic currency. While currency substitution can…

The US Federal Reserve (FED) in its May 2022 meeting raised interest rates by 0.50% (50 bps), the single largest hike since 2000, bringing the rate to a target range…

Inflation relates to a situation where the purchasing power of money is eroded over time, typically manifesting as higher prices for goods and services. It is measured by the rate…

It is little surprise that the word “stagflation” is trending as the world contends with the possibility of slower economic growth, higher unemployment and higher inflation. Stagflation would be an…

The recent surge in catastrophic natural disasters and worldwide calamities would have forced most countries to re-evaluate economic growth models with specific emphasis on consumption and production practices. Presently, through…

After experiencing the worst economic downturn in more than a century, 2022 was ushered in with hopeful signs for recovery albeit with the scars of the crisis still visible in…

The CompanyThe China Evergrande Group is the second largest property developer in China by sales. Formerly called the Hengda Group, Evergrande was founded by Hui Ka Yan in the southern…

 Current Economic Developments The outlook for United States (US) consumption is positive as growth in household savings throughout 2020, strong job and wage progress during 2021, as well as the…

What is an EV (Electric Vehicle) An EV is an acronym for an electric vehicle. EVs are vehicles that are either partially or fully powered by electric power. Electric vehicles…

The Caribbean has been blessed with picturesque landscapes, irresistible pristine beaches and a melting pot of races and cultural heritage, making it an idyllic vacation hotspot for scores of tourists…