TradeDisruption

RBC Remains Steadfast on Growth Objectives Despite Ongoing Trade Disruptions

8 days ago

In a bold affirmation of its long-term strategy, Royal Bank of Canada (RBC) has announced that it will continue to pursue its ambitious growth targets, even as global economic conditions remain volatile due to escalating trade conflicts. The commitment comes as various forecasts indicate increased uncertainty in the international market, which poses significant challenges for many financial institutions.

UK Economy Warned to Brace for More Frequent Recessions

2 months ago

The United Kingdom is bracing for a period of economic instability, with leading economists predicting an increase in the frequency of recessions in the coming years. This warning comes amid concerns about the country’s sluggish growth trajectory and rising inflation pressures that continue to challenge the financial landscape.

Major Disruptions Hit Mozambique's Key Port Following Post-Election Violence

5 months ago

In a significant development impacting commerce and trade in Mozambique, the main port of Beira has announced a temporary halt on accepting cargo due to unrest triggered by recent elections. This strategic port, crucial for the import and export of goods, is now facing disruptions as tensions escalate following a contentious election process.