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... Saiba Mais
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Saiba Mais
The service industry in China rose for the month of April based on the official survey on Monday,... Saiba Mais
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Saiba Mais
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Saiba Mais
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Saiba Mais
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Saiba Mais
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Saiba Mais
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Saiba Mais
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Saiba Mais
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Saiba Mais
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Saiba Mais
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Saiba Mais
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Saiba Mais
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Saiba Mais
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Saiba Mais
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Saiba Mais
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Saiba Mais
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Saiba Mais
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Saiba Mais
The recent forecasts show that economic data continue to feel the impact of the cold weather... Saiba Mais
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Saiba Mais
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Saiba Mais
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Saiba Mais
Based on the survey of company directors, the optimism on the British economy has improved compared... Saiba Mais
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Saiba Mais
The new Chairman of the Fed Reserve, Jerome Powell officiated the interest rate hike in March... Saiba Mais
The Japanese core machinery climbed higher unexpectedly for the month of February, for a second... Saiba Mais
The industrial output of Italy suddenly weakened in February which further showed signs that growth... Saiba Mais
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Saiba Mais
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Saiba Mais