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
The Bank of Japan agreed to hold the last meeting of major central banks scheduled next week. This... Saiba Mais
The Bank of England thinks that the Brexit risk of “no deal” has lessened because of Theresa May’s B... Saiba Mais
The central bank of China raised money market rates as means of curbing financial risks and prevent... Saiba Mais
The confidence of largest manufacturers in Japan stood at 11-year high based on the survey from a... Saiba Mais
On Wednesday, the Federal Reserve expects for a faster pace of growth in the United States, as well... Saiba Mais
On Wednesday, South Korea publicized on their government statement that the capital profits from... Saiba Mais
The South East and London are expected to expand higher versus other UK regions in the coming... Saiba Mais
The U.S. Treasury Secretary Steven Mnuchin publicized that there will be cash management measures... Saiba Mais
The economy of France is projected to increase at a steady pace in October to December based on the... Saiba Mais
The economy of Turkey has been rising at a faster rate more than any other large economies in the... Saiba Mais
Major manufacturers in Japan have a positive outlook regarding the economic condition of the... Saiba Mais
There is a need to take into consideration of Japan's central bank monetary policy banking system... Saiba Mais
President Emmanuel Macron of France had a one-day working visit in Algeria on Wednesday in order to... Saiba Mais
The industrial orders in Germany surged surprisingly in October because of domestic and foreign... Saiba Mais
The trade deficit in Canada slumped to a five-month low during the month of October sustained by... Saiba Mais
The advancement of the non-oil sector in the United Arab Emirates increased in November following... Saiba Mais
The official cash rate of the Reserve Bank of Australia remained at 1.5 percent. The decision was... Saiba Mais
The tepid growth of the U.K. economy will remain for some time. This could weaken in the next years... Saiba Mais
The manufacturing sector reached an 18-year high in November, according to the reports on Friday.... Saiba Mais
The Singapore-Australia Free Trade Agreement (SAFTA) was upgraded and approved on Friday. According... Saiba Mais
Various indicators imply more risks are faced by the financial system of Denmark’s central bank s... Saiba Mais
Jerome Powell is officially getting closer to becoming the next Fed Reserve Chairman. The Fed... Saiba Mais
Federal Bank of Minneapolis’ President Neel Kashkari who disagreed on the rate hikes that happened t... Saiba Mais
The Bank of Japan board member, Goushi Kataoka, mentioned that the stimulus plan must be revised to... Saiba Mais
The Japanese government allocated an extra budget of 2.7 to 2.9 trillion yen equivalent to $24-26... Saiba Mais
The plan of the government in expanding the British industry prior the EU exit is scheduled to be... Saiba Mais
Japanese manufacturing output is anticipated to soar as the consumer inflation increased in October... Saiba Mais
The UK household expenditure bounced back while growth for business investment tend to last longer... Saiba Mais
Britain reduced the official forecasts regarding the growth of the economy, according to the... Saiba Mais
The U.S. Treasury yield curve is intensifying concern as it has been moving flat at a quicker rate... Saiba Mais