The growing conflict in the Strait of Hormuz is causing countries to re-evaluate global trade routes and explore new ways to reduce exposure to potential obstacles. The rush has increased amid warnings that any long-term disruption to the flow of oil could disrupt global oil supplies and push prices up sharply, with some estimates suggesting … Read more
But under the headline image there is a more complex reality: strong growth, high profits, however much of the speed is uneven, concentrated, and partly destroyed by currency fluctuations. A new report by McKinsey & Company shows that the banking sector in Africa generated about $99 billion in 2024 and is estimated to reach about … Read more
At a time when risk advisories highlight concerns about crime and security, the country’s tourist economy is booming, pushing travel jobs to 1 million and attracting millions of domestic and international visitors. The warnings highlight violent robberies, carjackings, assaults, and airport stalking incidents, and advise being vigilant in cities after dark, among other precautions. Official … Read more