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Tag: Economy

Global Markets Rally as Trade Tensions Ease Between Major Economies

Stock exchanges worldwide see significant gains as diplomatic negotiations progress, with the S&P 500 rising 2.3%.

Federal Reserve Signals Policy Shift as Inflation Data Improves

Fed signals potential rate cuts after three months of improving inflation data, markets rally in response.

African Union Launches Continental Free Trade Zone Implementation

AfCFTA enters full operational phase, creating the world's largest free trade zone connecting 1.3 billion people.

EU’s largest economy spending billions to replace nuclear power

Germany is set to spend €16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping...

EU’s top economy is in trouble – Bloomberg

The German economy is in for a difficult year after contracting in the final quarter of 2023, as inflation and high interest rates continue to weigh...

Debt could destroy US economy – JP Morgan boss

JPMorgan CEO Jamie Dimon claimed in an interview with Fox News earlier this week that the US economy is on the verge of collapse as the massive...

Eurozone economy faces bleak 2024 – FT

According to the findings of a Financial Times poll of 48 economists, the eurozone’s 20-nation currency bloc will enjoy relatively moderate economic...

Billionaire issues warning about German economy

Germany’s recent fiscal policy measures, combined with the country’s chronically high energy costs, are likely to exacerbate the country’s economic...

Eurozone economy ‘stuck in the mud’ – analyst

The Eurozone’s continuing economic slowdown indicates that the continent may enter a recession by the end of the year, according to Bloomberg, citing...

EU’s worst-performing economy revealed

According to Eurostat figures issued on Thursday, Poland’s economy fell 2.2% year on year in the second quarter of this year, the largest drop among...

Expanded BRICS will make up nearly 40% of global economy – data

According to calculations based on worldwide data, the inclusion of six new member countries will catapult the BRICS group of countries far ahead of...

EU’s largest economy projected to stall

According to Bloomberg, the German economy will stay stagnant in the second half of the year as it deals with the aftermath of a winter...