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... Více
The jobless rate of Japan has remained the same in April, as well as the job openings according to... Více
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Více
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Více
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Více
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Více
Based on the survey released on Friday, UK households became less confident this month relative to... Více
China already has plans to reduce tariffs on imports of some consumer products from food and... Více
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Více
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Více
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Více
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Více
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Více
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Více
The factory output in the U.S. increased in April despite the low output on manufacturing and... Více
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Více
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Více
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Více
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Více
The French economy is projected to expand by 0.3 percent during the period of April-June, this... Více
The industrial output of China rose to 7.0 percent in April compared last year which has been... Více
US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... Více
Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... Více
The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... Více
Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... Více
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Více
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Více
The central bank of Turkey intends to maintain their current monetary policy until inflation in... Více
The American economy showed unexpected strength but the robust labor market did not trigger major... Více
The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Více
Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Více
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