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... Read More
The Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Read More
On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Read More
The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Read More
The highly-regarded business climate index of the Germany published its data which showed an upbeat... Read More
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The U.S housing market dropped in November, however, its level is still in a stable condition which... Read More
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The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Read More
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The tension in British households has lessen since May 2015, as most focus on increase in inflation... Read More
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Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Read More
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Read More
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Read More
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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