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
According to the UK National Statistical Office (ONS), retail sales in August increased 0.8% from... Read More
World Bank Chief Economist Carmen Reinhart, speaking at the Trends 2021 online forum, said that the... Read More
According to the Office for National Statistics (ONS), inflation in Great Britain in August in... Read More
According to the September OPEC report, the organization downgraded the forecast for world oil... Read More
Today it became known that the UK and Japan signed the first trade agreement after Brexit. At the... Read More
The euro rose significantly after the meeting of the European Central Bank, at which the regulator... Read More
Job vacancies in the US increased in July, with more workers leaving retail and professional and... Read More
The US has said it is considering a ban on Chinese cotton products from Xinjiang. The US cited... Read More
British Prime Minister Boris Johnson said that a Brexit trade deal with the European Union should... Read More
According to the US Bureau of Labor Statistics, an additional 1.371 million nonfarm jobs were... Read More
According to the US Department of Labor, the number of initial applications for unemployment... Read More
According to the Federal Agency for Employment of Germany, the number of unemployed in Germany in... Read More
The German authorities have improved their forecast for the outlook for the economy in 2020 amid... Read More
According to Statistics Canada, the country's economy contracted by a record 11.5% in the second... Read More
The US Federal Reserve System (FRS) announced today that it will further ease its inflationary... Read More
The European trading session began extremely cautiously, as market participants are awaiting the... Read More
The euro is showing growth after the publication of strong statistics from Germany, while the... Read More
The American trading session opened with growth as the United States recorded its lowest... Read More
EU negotiator Michel Barnier said that negotiations on a trade and economic deal between the EU and... Read More
The number of initial jobless claims rose unexpectedly to 1.106 million, according to the US Labor... Read More
The price of gold dropped today below the level of $2,000 per ounce (to $1,987.93) amid the... Read More
According to the US Department of Commerce, the number of new homes in the US in July increased by... Read More
The OPEC+ Technical Committee said that in July the level of execution of the deal by OPEC... Read More
According to the second estimate of the European statistical agency Eurostat, the GDP of the EU... Read More
Negotiations between Republicans and Democrats in Congress on the next round of economic aid... Read More
The consumer price index in the US in July accelerated its growth to 1% in annual terms. The June... Read More
According to the US Department of Labor, producer prices in the country (PPI) in July 2020 rose by... Read More
The US stock market started the week in a positive mood amid hopes for a compromise on a new... Read More
According to the US Bureau of Labor Statistics, only 1.763 million jobs were created in the nonfarm... Read More
According to the US Department of Labor, the number of Americans who filed initial applications for... Read More
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