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
Republican leaders and groups bore the brunt of President Donald Trump’s ire on Sunday as the a... Více
During the recent monetary policy meeting of the central bank of New Zealand, they concluded to... Více
Tech giant Samsung Electronics Co. issued an apology last Friday following the firm’s involvement i... Více
In spite of signs of improvement in the global economy, Yongmaan Park, Korea Chamber of Commerce... Více
Japanese exports surged for the third consecutive time last month as the country’s economic r... Více
A rare poll conducted over the Cuban populace showed results that nearly all of the citizens of... Více
Japan exports rose for more than two years in February after a decline in January. It has exceeded... Více
China has reshuffled its cabinet officials. Guo Shuqing has been appointed as China's banking... Více
Asian stocks dropped as the Japanese yen maintained its hold on its recent gains while bonds... Více
The supreme Leader of Iran, Ayatollah Ali Khamenei have reiterated on Monday for a call of a... Více
The Scandinavian country, Denmark is scheduled to pay off its latest foreign currency loans with an... Více
German Chancellor Angela Merkel and Japan’s Prime Minister Shinzo Abe discussed free trade between c... Více
North Korea has recently carried out the testing of a brand new high-thrust rocket engine which... Více
The European Central Bank is most likely to raise its deposit rate with 80% chance on December... Více
PricewaterhouseCoopers LLP stated UK consumer spending would probably weaken in the long run after... Více
Canadian Federal Finance Minister, Bill Morneau is preparing for disclosing the details regarding... Více
In January 2017, the economy of Peru rose up to 4.81% which indicates the progressive the country’s ... Více
The unemployment rate in Australia reached a 14-month high as it increased by 5.9% in February. It... Více
The US Federal Reserve implemented another interest rate hike last Wednesday, the central bank’s s... Více
Benedikt Jóhannesson, minister of finance in Iceland, have affirmed that the nation’s central bank h... Více
The Kingdom of Saudi Arabia has stated to OPEC that the country has reverted part of its supply... Více
Puerto Rico’s General obligation (GO) bonds dropped after the financial recovery plan has been a... Více
The Argentine Interior Minister, Rogelio Frigerio announced that the labor unions in Argentina put... Více
British Prime Minister Theresa May is now preparing to jumpstart the actual Brexit process this... Více
Turkey plans to put off diplomatic ties with the Netherlands as announced by the Dutch ambassador... Více
Lincoln automobiles under Ford Motors Co’s plans to advance its entry to China and was doing some a... Více
The biggest pension fund managers in Canada settled an agreement with a real estate logistics... Více
Kristin Forbes, one of the most vocal dissenters in the Bank of England’s nine-member Monetary P... Více
The government of Nigeria has introduced its master plan to take off the recession with hopes of... Více
Prime Minister Nguyen Xuan Phuc aims to maintain its trading ties with the United States under the... Více
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