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