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Bloomberg: Putin started pressuring Russian Central Bank chief Nabiullina over key rate

Vladimir Putin, who had long kept a conspicuous distance from Russia’s monetary policy, made clear twice in July that the Central Bank needed to lower its key rate. The Bloomberg news agency reported that Putin made “unusually direct” comments shortly before the bank’s policy meeting.

Bloomberg: Putin started pressuring Russian Central Bank chief Nabiullina over key rate

We haven't written up this one. Meduza (English) has the full story — the link below goes straight to it.

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AfDB: Nigeria, Ghana spend more on external debt interest payment than public health

Nigeria and Ghana are among the West African economies where debt-interest payments rival or exceed public health spending, highlighting the growing pressure debt servicing is placing on government…

  • Nigeria and Ghana spend more on external debt interest than public health.
  • External debt service share of GDP increased from 23.7% in 2017 to 31% in 2024.
  • Debt servicing hampers fiscal space for healthcare, infrastructure, and development.