The eurozone economy is at risk of recession amid increasing trade tensions and weakening growth prospects. Citi Research has revised its forecasts, reducing the region's expected GDP growth for 2025 from 1% to 0.8%, and for 2026 from 1.3% to 0.6%. The inflation rate is projected to be 1.6% in 2026, which is 0.2 percentage points lower than the March estimates.The main reason was the introduction of new tariffs on European exports by the United States. Approximately 310 billion euros of goods ar... Read More
In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Read More
Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Read More
Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Read More
According to a Bank of America report, during a week of falling stock markets, cash has become the... Read More
The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Read More
UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Read More
Russian banks began to raise interest rates on loans following the change in the key rate.... Read More
The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Read More
European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Read More
The foreign trade of Russia and China under the pressure of sanctions may switch to barter schemes... Read More
Hezbollah may strike Israel in the coming days. According to CNN, citing sources familiar with the... Read More
On the one hand, the country's foreign exchange reserves have reached a new high since the... Read More
The US stock market showed significant volatility last week. After the S&P 500 index fell by 3%... Read More
American natural gas companies are preparing to reduce production in the second half of 2024 amid a... Read More
Oil prices continued to rise on Wednesday, following a slight increase in the previous session.On... Read More
Elon Musk declares war on companies boycotting X. Musk has filed an antitrust lawsuit against the... Read More
The price of gold fell from near record levels during Asian trading on Tuesday. The recovery of... Read More
On Monday, the main stock indexes of Western Europe ended trading with a significant drop amid a... Read More
Japanese stocks soared at the opening of trading on Tuesday, after representatives of the central... Read More
Goldman Sachs forecasts a rise in gold prices to $2,700 per ounce. Goldman Sachs Group analysts... Read More
On Monday, there was a sharp drop in the value of bitcoin amid a large-scale sale of high-risk... Read More
Stock indexes in the Asia-Pacific region (APR) declined sharply on Monday. Japan's Nikkei 225 fell... Read More
The worst day for global stock markets since 2020. Today, the global stock market is experiencing... Read More
Bank of America analysts are urging investors to sell shares at the first interest rate cut by the... Read More
The hype around artificial intelligence (AI) has peaked, but experts warn that without a... Read More
The European Commission recommended Hungary and Slovakia to look for alternative sources of oil to... Read More
On Thursday, the price of gold broke the $2,500 per troy ounce mark for the first time in... Read More
The Bank of England has lowered its base interest rate by 25 basis points to 5% per annum following... Read More
Oil prices rose during Asian trading on Thursday, continuing the sharp rise of the previous... Read More
The US Federal Reserve System decided to keep the interest rate on federal loan funds at the level... Read More
