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Australian Business Confidence Drops on Middle East Uncertainty

Australian business confidence snapped three months of gains as uncertainty over the Middle East conflict and persistent energy price strength weighed on the outlook.

We haven't written up this one. Financial Post 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.