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... Прочетете още
The non-manufacturing business in America declined in April but the overall growth over 8 years... Прочетете още
Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Прочетете още
Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Прочетете още
The European economy slackened in the first quarter of this year but was able to surpass Britain,... Прочетете още
The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Прочетете още
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Прочетете още
The service industry in China rose for the month of April based on the official survey on Monday,... Прочетете още
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Прочетете още
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Прочетете още
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Прочетете още
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Прочетете още
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Прочетете още
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Прочетете още
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Прочетете още
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Прочетете още
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Прочетете още
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Прочетете още
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Прочетете още
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Прочетете още
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Прочетете още
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Прочетете още
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Прочетете още
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Прочетете още
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Прочетете още
The recent forecasts show that economic data continue to feel the impact of the cold weather... Прочетете още
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Прочетете още
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Прочетете още
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Прочетете още
Based on the survey of company directors, the optimism on the British economy has improved compared... Прочетете още
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Прочетете още
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