Category: postCovid
-
Government Borrowing in May Reaches Post-Covid Peak
•
Government borrowing rose in May to £15bn, the highest level since the Covid-19 pandemic, but still below expectations from the Office for Budget Responsibility (OBR). This figure was £800 million higher than in May last year, but £600 million lower than the Office for Budget Responsibility had predicted. As the…
-
Post-Covid, China is back in Africa and doubling down on minerals
•
China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with a primary focus on Africa, according to a Reuters analysis of lending, investment and trade data. Chinese leaders cite billions of dollars allocated for new construction projects and record two-way trade as evidence of…