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
Development in the Information Technology sector and rising adaptability of the labor market in the... Прочетете още
One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Прочетете още
According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Прочетете още
There is a big expectation for major central banks not to implement easing of monetary policy... Прочетете още
The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Прочетете още
The European Central Bank is in the process of curbing inflation to attain the two percent... Прочетете още
The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Прочетете още
The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Прочетете още
The British economy is expected to slow down this year, following its slowest pace since 2012... Прочетете още
China’s economy improved greater than anticipated for the second quarter at a faster pace since b... Прочетете още
Singapore’s export data upsurge more than anticipated at 8.2 percent in June compared to the p... Прочетете още
Fed Chair Janet Yellen said on Thursday that the 3 percent target of the current administration of... Прочетете още
The economy of Singapore rose for the second quarter as it narrowly missed the recession as the... Прочетете още
The Switzerland’s private financial institution Falcon now stores and trade bitcoins through their c... Прочетете още
The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on T... Прочетете още
In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Прочетете още
The industrial production of Italy had rebounded in May which gives hints that the growth of the... Прочетете още
The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Прочетете още
The economic leaders of the European Union held a meeting on Monday in Brussels, citing that euro... Прочетете още
Qatar holds reserves worth $340 billion that could prop up the country despite being secluded by... Прочетете още
The business confidence index, associated with workers whose jobs are delicate towards the economic... Прочетете още
The financial industry of the United Kingdom would likely support an increase of £43bn in its ... Прочетете още
The Central Bank of Egypt raised its inflation rates by 200 basis points on Thursday for the second... Прочетете още
The economy of China could possibly weaken once again in the second quarter of 2017, slowed down by... Прочетете още
The banking regulator in Singapore has announced the extension of the execution of global rules for... Прочетете още
The Reserve Bank of Australia made a decision to keep its cash rates unchanged on Tuesday and... Прочетете още
The central bank of Denmark has taken into account on a positive note its participation to the... Прочетете още
Two of largest countries in the world, Japan and the European Union is scheduled to make an... Прочетете още
Factory activity in China improved in June as company reports came in slightly stronger as new... Прочетете още
The Japanese Tankan report manifested a positive data as big manufacturers sentiment has exceeded... Прочетете още
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