According to FCC (2019), the price stabilisation fund pays the shortfall when the realised FOB export price including the LID falls below $2600. When it exceeds $2900, the excess is held back and transferred into the stabilisation fund. Accordingly, the minimum gross FOB export price as ...
The oil sector remains ugly. There is excess oil production in the order of 10 million barrels per day. This is keeping the oil price low — Brent ended last week down -7% at US$25.76 a barrel. But if oil storage runs out of capacity it could push even lower. There are signs...
Collective bargaining over labour conditions between unions and employers is a key labour market institution in democratic societies, guaranteed by international and national law. Its coverage, organization and impact have varied over time and across cou
Whilst recession is not our core view, the risks have increased and we remain highly alert to the possibility of downside momentum building. We prefer to wait until there are signs of stabilisation before looking to increase exposure to risk assets.Stay...
Traditional ecological and indigenous knowledge, respectively, is an intrinsic asset of those landscapes under consideration, contributing to biodiversity and resource management, to the use and processing of agricultural, forestry, and fishery products, to climate change mitigation and adaptation, to ...
Economic stabilisation was undermined, and this helped Slobodan Milosovic to get the upper hand. The rest, as they say, is history. In the past two years America and European countries have made the same mistake in Nigeria, an impoverished and unstable country emerging from years of corrupt ...
plus ten years of interest of 0.75% of 100 million, which equals 7.5 million). The yield of this bond (which is *not* what you see in the figure above – that’s the spread) is determined by the market price of the government bond. So, what would be the market price of this ...
What is this "outstanding effectiveness"?About a50% reduction in mitigation costs, for one: A global transition to a low meat-diet as recommended for health reasons would reduce the mitigation costs to achieve a 450 ppm CO2-eq. stabilisation target by about 50% in 2050 compared to the refer...
After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in Ukraine, the return of inflation and rising interest rates, the year 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new ev...
Although both men deny tensions over different approaches, Ncube is reported to have grown frustrated by Reserve Bank governor John Mangudya’s ponderous gradualism and interventionist instincts. The Currency Stabilisation Task Force, to be chaired by Ncube himself with members drawn from the Monetary ...