South Africa facts of the day
Original Report
With the lights back on and freight beginning to move again, in November South Africa won its first credit upgrade in two decades after S&P Global Ratings lifted the sovereign rating by one notch to...
With the lights back on and freight beginning to move again, in November South Africa won its first credit upgrade in two decades after S&P Global Ratings lifted the sovereign rating by one notch to double B. Investor confidence is also up. According to Nedbank, private sector investment announcements tripled last year to more than […] The post South Africa facts of the day appeared first on Marginal REVOLUTION.
Glass House Analysis
This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate 'murky waters'
The U.S. Supreme Court voted 6-3 to strike down large parts of President Trump's tariff policies Friday.
The Supreme Court’s tariff blow to Trump
Uncertainty will linger as the president tests alternative legal options
Indian Opposition Calls For Modi to Put US Trade Deal on Hold
India’s opposition called for Prime Minister Narendra Modi’s administration to put the nation’s trade deal with the US on hold and amend it.
Jamee Moudud on the Intellectual Roots of Zohranomics
How the heterodoxy became the heterodoxy.