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 Ficci's Economic Outlook Survey issued on Tuesday showed that the Indian economy would... Read More
China’s economy has signs of cooling further amid the difficulty of U.S. trade tariffs while there a... Read More
The American economy is expected to boost by 3.1 percent this year due to increase in government... Read More
The Reserve Bank of New Zealand released the forecast of interest rates from a one-year record low... Read More
The Gross Domestic Product (GDP) growth rate of the United Kingdom for the April- June quarter is... Read More
With rising inflation at hand, the central bank needs to tighten the monetary policy little by... Read More
The economic recovery of South Korea was restricted by the sluggish domestic demand despite the... Read More
The industrial order of Germany plunged lower in June, as the biggest drop for almost a year and a... Read More
Wages for workers in Japan had a significant increase in June due to the huge amount of summer... Read More
New jobs of 157,00 were added in the previous month by the U.S. employers, lesser than anticipated,... Read More
The economic report of Singapore for the second quarter of the year is expected to be release on... Read More
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Read More
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Read More
According to a survey on Wednesday, stronger new orders and increased in output supported the... Read More
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Read More
The factory activity of South Korea declined for the fifth time in July and recorded as the worst... Read More
The survey on top economists shows that experts are expecting for the Bank of England to lift its... Read More
Indonesia’s annual inflation rate in July will probably rise slightly because of higher food costs a... Read More
US Treasury Secretary Steven Mnuchin stated his growth outlook for the American economy, he... Read More
U.S. economic advisor Larry Kudlow anticipates that the GDP for the second quarter will have a... Read More
With the global uncertainty concerns, the European Central Bank is expected to have a... Read More
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Read More
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Read More
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Read More
The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Read More
China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Read More
Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Read More
The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Read More
The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Read More
The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Read More