Search: “Spending Cuts”

Walmart warns US shoppers are cutting back - but what does this mean for the economy?

Walmart anticipates slower sales growth as US consumers grapple with rising petrol prices- a consequence of ongoing conflict. The retail giant is closely monitoring the situation, hinting at potential impacts on household budgets.

Trump is at odds with the Fed chair - and hints at firing him if he doesn't leave. What could happen?

Donald Trump has threatened to fire Federal Reserve Chair Jerome Powell. The two are in a spat over interest rates - and now a potential investigation adds fuel to the fire.

Fuel prices are set to change after an emergency meeting-but what changes are coming and who will benefit?

Ghana's government convened an emergency meeting to address rising fuel costs-prompting swift action. The proposed measures aim to alleviate pressure, but the long-term effects remain to be seen.

Faced with a massive budget gap, the BBC is planning major changes - but what will be the cost?

The BBC is grappling with significant financial pressures, prompting a major restructuring. Interim director general Rhodri Talfan Davies is considering various options to address the budget shortfall - but the impact on staff and services remains unclear.

An economist is urging caution despite recent economic gains - what underlying problems could undermine Ghana's stability?

Kofi Bentil of IMANI Africa is speaking out about Ghana's economic improvements under the IMF programme. He suggests that while there's been progress, deeper issues remain - but what are they?

Ghana's economy faced serious challenges, but is now showing signs of recovery- what were the turning points?

Ghanaians have recently experienced economic challenges such as cedi devaluation and rising market prices- placing immense strain on the nation's financial stability. This article explores the strategies implemented to address these issues, hinting at the complexities and trade-offs involved in navigating Ghana's economic recovery.

Ghana returns to domestic borrowing - but at what cost?

Ghana's government has re-entered the domestic bond market after a three-year hiatus, aiming for long-term financial instruments. This move sparks debate - will it foster stability or lead to renewed debt issues?

As fuel tax debates intensify, an economist urges a 'delicate balance' - but what does that entail?

Economist Ernest Quartey weighed in on the fuel tax debate as government considers adjustments to margins. He cautioned against aggressive cuts- hinting at potential disruptions.

Ghana and other developing nations face a financial squeeze - but what's causing it?

The IMF reports developing economies-including Ghana-face fiscal strain. Declining resource revenues and shrinking foreign aid create challenges-how will these nations adapt?

Is Ghana's reliance on political loyalty over competence the root cause of its persistent developmental challenges?

Ghana faces challenges due to the tendency of political elites to place unsuitable people in critical public positions - leading to ineffective institutions. The author suggests that addressing core failures like corruption and poor leadership choices could significantly improve Ghana's development.