Economy News

Economy

ECB's Nagel Warns: Germany Faces Potential Recession in 2025 Amid Economic Challenges

Joachim Nagel of the ECB warns of a potential recession in Germany by 2025 but remains hopeful for economic improvement. He praises Germany's fiscal stimulus, assures it won't spik...

Economy

IMF Predicts Significant Rise in Global Public Debt to Near 100% of GDP by 2030

The IMF forecasts a 2.8 percentage point increase in global public debt by 2025, potentially reaching 95% of GDP, with warnings of further rises due to trade policy uncertainties. ...

Economy

April Sees a Significant Slowdown in US Private Sector Activity, Hitting a 16-Month Low

The US private sector activity slowed significantly in April, with the PMI Composite Output Index hitting a 16-month low. The services sector saw a decline, while manufacturing sho...

Economy

Surprising 7.4% Surge in US New Home Sales This March Signals Robust Market Growth

US new home sales rose by 7.4% in March, with 724,000 units sold, indicating a strong market. Inventory grew slightly, while median prices saw a decrease, reflecting dynamic market...

Economy

IMF Warns: Global Public Debt Set to Skyrocket by 2.8 Percentage Points in 2025

The IMF forecasts a 2.8 percentage point increase in global public debt by 2025, potentially reaching 95% of GDP. This trend may continue, with debt nearing 100% of GDP by the deca...

Economy

Surprising 7.4% Surge in US New Home Sales This March Signals Strong Market Recovery

The US housing market shows signs of recovery with a 7.4% increase in new home sales in March, reaching 724,000. Inventory levels and median prices reflect current market dynamics.

Economy

US Economic Slowdown: April's PMI Hits a 16-Month Low Amid Policy Concerns

The US PMI Composite Output Index fell to 51.2 in April, a 16-month low, indicating a slowdown in both services and manufacturing sectors. Concerns over government policies are aff...

Economy

EU Stands Firm: Ready to Impose Counter Tariffs if US Trade Negotiations Collapse

The European Union is ready to impose counter tariffs on the US if trade negotiations fail, as stated by European Trade Commissioner Valdis Dombrovskis. The EU has postponed its co...