In a positive early move, Nigeria’s President Bola Tinubu removed fuel subsidies in his first week in power. But it looks like the fiscal savings will be spent, leaving public debt on an upwards...

Data published this week showed that euro-zone core inflation fell for the second consecutive month in May, but it still looks likely that the ECB will raise interest rates again in June and probably...

Although activity in the manufacturing sector looks to have improved somewhat in May, that was mainly due to stronger growth in some large emerging markets. The outlook for industry remains bleak...