Africa is the only region without liquidity buffers to protect it against shocks.

Source: https://www.africanews.it/english/evolution-of-debt-landscape-over-the-past-10-years-in-africa/

All the charts show the effects of the multiple shocks that set the system ringing like a bell in 2020 and 2021.

Source: https://www.forbes.com/sites/georgecalhoun/2023/10/07/inflation-is-over--what-comes-next/

Analysts are of the view that the telco giant is a stock to “buy” as its strong cash flow positions, high dividend yield and healthy balance sheet makes it impervious to macroeconomic shocks.

Source: https://www.blueprint.ng/mtn-makes-history-on-ngx-as-earnings-crosses-n1trn-mark/

As you can see below, a parallel shock of 50 basis points will actually increase the solvency ratio and the credit spread shocks will actually have a higher impact on the solvency ratio than purely an interest rate increase.

Source: https://seekingalpha.com/article/4587836-nn-group-the-drop-in-sovereign-bond-yields-is-good-news?source=feed_all_articles

Be advised: the situation is not in-hand and is going to get a whole lot worse as new and subsidiary shocks thunder through the weeks and months ahead, until the whole wicked business blows.

Source: https://theava.com/archives/213837

'Big picture, the UK economy has contended with a series of large supply shocks in recent years, including Brexit, the pandemic, the energy price shock and decline in labour supply.

Source: https://www.dailymail.co.uk/money/markets/article-11893475/BUSINESS-LIVE-BoE-hike-base-rate-Lloyds-London-swings-loss.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

"Borrowers with these loans are potentially more at risk of struggling to service their debts, particularly if they experience shocks to their income or expenses," the bank said.

Source: https://www.9news.com.au/finance/interest-rate-update-reserve-bank-australia-home-loans-mortgages/258e94d2-bd4b-4746-ba86-fac658fcf4ed

Burundi’s reform program aims to support economic recovery from shocks, restore external sustainability, and strengthen debt sustainability, while creating fiscal space for accelerated and inclusive growth.

Source: https://www.africanews.it/english/international-monetary-fund-imf-reaches-staff-level-agreement-on-a-40-month-extended-credit-facility-with-burundi/

But as climate shocks get worse, she said, “we’re now at the point where that’s starting to crack.”

Source: https://www.nytimes.com/2023/05/31/climate/climate-change-insurance-wildfires-california.html

But he questioned whether UK banks were holding enough liquidity - or available cash - to cope with short-term shocks.

Source: https://www.bbc.co.uk/news/business-65259702?at_medium=RSS&at_campaign=KARANGA

Colorado’s economy is still growing, but it is losing momentum, leaving it vulnerable to outside shocks and a recession later this year, according to the latest from Colorado State University.

Source: https://www.denverpost.com/2023/04/26/colorado-economy-slowing-recession-jobs-forecast/

Fast-rising hypeman GOE shocks close pal Manny Monie, giving him N1m out of the N20m Wizkid gave him.

Source: https://www.legit.ng/entertainment/music/1566894-buy-maruwa-fans-react-mannie-monie-takes-ig-hail-hypeman-money-gee-sending-1m/

Flexible pricing options, such as fixed-rate contracts, allow businesses to lock in a set price for electricity over a set period, reducing the risk of price inflation and unexpected bill shocks.

Source: https://easyreadernews.com/empowering-your-bottom-line-the-benefits-of-switching-business-electricity-suppliers/

French central bank chief Francois Villeroy de Galhau meanwhile said that no further hikes were coming unless there are fresh shocks but it was too early to discuss cuts.

Source: https://www.irishexaminer.com/business/economy/arid-41267035.html

Furthermore, the persisting trade deficit has left the Nigerian economy more vulnerable to external shocks, such as changes in global commodity prices (occasioned by the Russia-Ukraine war) and/or currency fluctuations.

Source: https://onlinenigeria.com/stories/320009-food-insecurity-threat-to-nigerias-economic-recovery-and-growth.html?utm_source=rss&utm_medium=rss&utm_campaign=food-insecurity-threat-to-nigerias-economic-recovery-and-growth

Global economic growth is likely to remain well below the 3.8% average of the past two decades and the world has lost $3.7 trillion in economic output from successive shocks since 2020, Georgieva said.

Source: https://www.aol.com/news/imf-chief-says-global-economy-170406387.html

He said the global economy has experienced multiple shocks in the past three years.

Source: https://thefrontierpost.com/fto-coordinator-stresses-reforms-for-balancing-growth-debt-in-emerging-markets/

His successor, Biden, has kept up the pressure imposed on the world’s second-largest economy with additional measures targeting sensitive technology even as China grapples with economic shocks, including a real estate crisis.

Source: https://thelinkpaper.ca/donald-trumps-bid-for-white-house-tightening-trade-plans-with-india-brazil-deepening-tax-cuts/

Howard Morgan co-founded Renaissance Technologies in 1982, an era of high inflation and global supply shocks.

Source: https://biztoc.com/x/12ab5333bfc04297?ref=ff

However, the sector has been dampened by global commodity price shocks.

Source: https://thenationonlineng.net/grappling-with-exchange-rate-uncertainty/