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 Chinese government opted for a proactive fiscal policy but still cautious in a neutral monetary... Прочетете още
Japanese Trade Minister Hiroshige Seko says the possibility for exemption on U.S. tariffs on some... Прочетете още
The disapproval rating of Prime Minister Justin Trudeau from the Canadian rose higher than 50... Прочетете още
The government debt of the Japanese central bank increased in the last quarter of the year amid the... Прочетете още
The British Chambers of Commerce (BCC) lifted its forecast for the UK economic growth, however,... Прочетете още
The global oil demand gained momentum at a faster rate this year and it is still improving that... Прочетете още
On Thursday, the Bank of France had an upward revision of its forecasts for growth and inflation,... Прочетете още
The Trump administration is pushing China to reduce its trade surplus by $100 billion with the... Прочетете още
The economic growth of New Zealand for the final quarter of 2017 showed weaker figures than the... Прочетете още
The American economy is on course to expand by 1.9 percent annualized rate in the first quarter,... Прочетете още
The European Central Bank has to have distinct policy guidance as the current framework will not be... Прочетете още
The real estate investment in China soared to 9.9 percent from January to February of 2018 in the... Прочетете още
According to the Organisation for Economic Co-operation and Development (OECD), the British economy... Прочетете още
The wholesale prices in Japan increased by 2.5 percent year-on-year in the previous month,... Прочетете още
France and India had a mutual agreement to launch an international "solar revolution" aimed to... Прочетете още
OPEC could assent the oil output reduction for next year to begin in June, according to the... Прочетете още
The credit markets in Canada have increasing risks according to a major global finance group that... Прочетете още
China has veered away from the previous growth model which is largely dependent on investments but... Прочетете още
Japan’s household expenditure in January had rebounded but wage labor had declined at its most r... Прочетете още
The EU free trade agreements still expected to cost the UK by 4.8 percent of its projected economic... Прочетете още
Japan has exceeded the initial estimate in the last quarter of 2017 compared to the initial... Прочетете още
The U.S. economic condition declined to the tightest level in almost 10 months after the recent... Прочетете още
The People's’ Bank of China lent 105.5 billion yuan or $16.67 billion to various banks on Wednesday ... Прочетете още
The central bank of Australia maintained the interest rates at a record low on Tuesday, which is... Прочетете още
The national currency of Canada lost its strength to an eight-month low against its U.S. rival... Прочетете още
The services sector in China slightly slid down but it remained steadfast in February that induced... Прочетете още
The UK manufacturing cooled down slightly compared with the highs of 2017, as presented in an... Прочетете още
The Japanese economy is projected to grow faster in the last three months of 2017 versus the... Прочетете още
The economic growth of U.S. was revised downward but the 2.5 percent annual rate is still a good... Прочетете още
The total unemployment rate in Germany for February came in lower than expected, as the employment... Прочетете още
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