The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Read More
Ray Dalio, founder of the largest hedge fund Bridgewater Associates, made a statement about the... Read More
The European Commission has denied rumors about plans to set a temporary limit on the cost of gas... Read More
Chinese companies are setting records for dividend payments and share buybacks thanks to corporate... Read More
The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction.... Read More
Indian Steel Minister H.D. Coomaraswamy said that the country is considering the possibility of... Read More
The duties applied to Canada are supposed to be introduced on a cumulative basis, according to data... Read More
The EU is considering the possibility of temporarily limiting natural gas prices, which have... Read More
European trade ministers are planning to hold urgent telephone talks on Wednesday to discuss the... Read More
In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For... Read More
Russia and Argentina continue to strengthen cooperation by developing joint initiatives in areas... Read More
US duties on metals from Canada may reach 50%. It is expected that the duties, if they come into... Read More
The US Federal Reserve is not likely to lower its key interest rate until the second quarter,... Read More
In March, oil supplies from Saudi Arabia to China will decrease to 41 million barrels, compared... Read More
US President Donald Trump's tit-for-tat trade strategy could lead to increased tensions in the... Read More
The capitalization of the crypto market has reached $3.355 trillion (+$67 billion). The share of... Read More
US President Donald Trump has approved duties of 25% on steel and aluminum imports, including... Read More
Trump is imposing 25% tariffs on steel and aluminum imports starting today. The US president also... Read More
The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining... Read More
Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching... Read More
China expressed its readiness to strengthen cooperation with the European Union in order to jointly... Read More
The European Commission has proposed to strengthen control over cheap goods sold through online... Read More
The long-term trend towards dividing the world into two trading blocs is becoming more and more... Read More
Chinese companies control about 75% of Indonesia's nickel processing capacity, raising questions... Read More
The European Union is preparing a response to Trump's tariffs, which could affect Silicon Valley.... Read More
The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic,... Read More
US President Donald Trump has signed a decree on the creation of the national welfare fund, the... Read More
China may reconsider its strategy of controlling the yuan exchange rate in the event of a... Read More
Oil prices are falling amid the US decision to postpone duties on goods from Mexico and Canada.... Read More
Trump temporarily lifted the introduction of import duties for Canada for 30 days. This decision... Read More
Belgium has launched a new government led by Flemish nationalists from the N-VA party, which won... Read More