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
Saudi Arabia's Energy Minister Abdulaziz bin Salman said that oil has lost its importance as the... Saiba Mais
Inflation in Germany in December 2024, calculated according to EU standards, was 2.8% year-on-year,... Saiba Mais
Bitcoin continues to hold near the psychological mark of $100,000. Its rapid intraday growth was... Saiba Mais
The price of gold reached its highest level in the last month during trading in Asia on Thursday.... Saiba Mais
US President Biden summed up the results of his presidency. In his statement, the Democrat noted... Saiba Mais
December data on a slowdown in inflation in the UK led traders to predict a further reduction in... Saiba Mais
The German economy contracted for the second year in a row, remaining the weakest among the... Saiba Mais
French Prime Minister Francois Bayrou expressed his readiness to review the pension reform in order... Saiba Mais
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts... Saiba Mais
Damage from fires in California continues to grow and may reach $275 billion. Damage estimates are... Saiba Mais
Chinese state-owned oil corporations, as well as large private refiners, are actively buying up oil... Saiba Mais
The yield on Japan's 40-year government bonds has reached a record high since they entered the... Saiba Mais
Gas prices in Europe increased by 6.5% during trading, reaching $509 per thousand cubic meters,... Saiba Mais
On Tuesday, the Indian rupee hit a record low, under pressure from high demand for the dollar. This... Saiba Mais
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten... Saiba Mais
OpenAI management is organizing events in Washington and two key U.S. states to strengthen support... Saiba Mais
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its... Saiba Mais
Asian stock markets have fallen for the fourth consecutive session amid weakening expectations for... Saiba Mais
The global oil market expected an oversupply and stable prices in 2025, but new US sanctions... Saiba Mais
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey... Saiba Mais
The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK... Saiba Mais
Shares of Generac Holdings Inc. rose 1.7% in the pre-trading session on Friday amid the devastating... Saiba Mais
Oil prices showed steady growth on Friday, with Brent quotes exceeding $79 per barrel for the first... Saiba Mais
The People's Bank of China announced the suspension of purchases of government bonds to limit... Saiba Mais
Japan is strengthening sanctions against Russia. The country has included 11 people, 51 companies... Saiba Mais
US President-elect Donald Trump is showing serious interest in acquiring Greenland, seeing this as... Saiba Mais
Norwegian oil and gas companies delivered record volumes of natural gas in 2024 and intend to... Saiba Mais
Denmark admits the possibility of granting Greenland independence amid pressure from Trump.... Saiba Mais
eBay shares jumped 4.7% after announcing a partnership with Meta Platforms Inc. which will... Saiba Mais
Christopher Waller, a member of the Fed's Board of Governors, expressed confidence that inflation... Saiba Mais
