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 core inflation of Japan is still low in the month of May, signifying that the central bank is... Read More
Bank of England’s key interest rate remained steady at 0.5 percent according to the announcement m... Read More
An official from International Monetary Fund told Nikkei that Japan should boost its consumption... Read More
The U.S. money market fund assets plunged to the lowest figure over two years as companies arrange... Read More
The economy of France dropped from 2.3 percent to 1.7 percent this year, according to the forecast... Read More
The economic assessment of Japan was remained steady, showing gradual recovery and policymakers... Read More
The Swiss National Bank announced the decision to maintain an ultra-loose monetary policy on... Read More
Atlanta Fed President Raphael Bostic told on Monday that fears on potential trade conflict will... Read More
Japan’s exports increased by 8.1 percent May from the same period last year due to higher shipment o... Read More
The British economy showed hints of growth at its weakest rate from 2009 until 2018 because of... Read More
China’s economy is starting to cool off following after lending concerns on riskier lending that f... Read More
The Federal Reserve revised upward its economic forecast for the United States on Wednesday. The... Read More
The consumer price of the U.S. increased slightly in May despite the slower growth of gasoline... Read More
The measure of consumer sentiment in Australia showed a marginal increase in June on the back of... Read More
The economy ministers of France and Germany had a meeting this weekend in order to talk about the... Read More
China’s exports grew steadily in May by 12.6 percent, sight lower than the month of April. N... Read More
The Confederation of British Industry (CBI) thinks that the UK government should shift its focus on... Read More
The central bank is not in a hurry to reduce the collection of government bonds due to its stimulus... Read More
Australia has sustained their growth in nearly two years in the previous quarter, sustaining 27... Read More
The European Union is trying to convince the countries Canada, Japan, and Mexico to work together... Read More
Private economists polled on Monday stated that the increase of tax cuts for the American economy... Read More
Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Read More
Britain would only sign a trade deal with the United States if the agreement would be valuable for... Read More
Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Read More
China’s manufacturing sector grew at a steady pace in May given the improvement in production and d... Read More
The two Italian anti-government political organizations, 5-Star Movement and League Party said on... Read More
Japan's industrial output did not meet expectations for the month of April according to data on... Read More
The US economy demonstrated growth during the first quarter of 2018, but the results showed... Read More
Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... Read More
The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... Read More
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