Economy News

Economy

EU Postpones Retaliatory Tariffs on US Goods for Six Months Amid Trade Deal Implementation

The EU has announced a six-month suspension of retaliatory tariffs on US goods, following a trade deal agreement with the United States. This move aims to ease trade tensions and f...

Economy

Trump Announces Significant Tariff Increases on Indian Imports Amidst Ukraine Conflict Concerns

US President Donald Trump announces a significant increase in tariffs on Indian imports, citing concerns over India's oil trade with Russia and its stance on the Ukraine conflict. ...

Economy

Turkey's Inflation Rate Drops to 33.52% in July, Signaling a Slight Economic Relief

Turkey's inflation rate decreased to 33.52% in July from 35.05% in June, with significant price increases in housing, food, and transportation sectors. The core CPI also showed not...

Economy

Swiss Inflation Sees Slight Increase in July, Rising from 0.1% to 0.2% Amid Price Adjustments

Switzerland's annual inflation rate rose from 0.1% in June to 0.2% in July, driven by higher prices in hotels and private transport, while holiday and clothing costs decreased. Cor...

Economy

Spain's Unemployment Rate Shows Minimal Change in July, Slight Drop Noted Across Sectors

Spain's unemployment rate saw a minimal monthly decline of 0.06% in July, with a total of 2,404,606 unemployed. Year-on-year, the decrease was more substantial at 5.71%. Agricultur...

Economy

Eurozone's Investor Confidence Plummets in August Amid Global Trade Tensions

Investor confidence in the Eurozone and Germany significantly declined in August, with indices turning negative. Sentix reports highlight concerns over the EU-US tariff deal's impa...

Economy

China's Central Bank Boosts Economy with a Massive 300 Billion Yuan Injection in July

The People's Bank of China injected 300 billion yuan into the financial system in July, using MLF and reverse repurchase agreements, without disclosing treasury bond transactions.

Economy

Tensions Rise as Korea and U.S. Clash Over Market Access for American Rice Ahead of Summit

A dispute over market access for American rice between South Korea and the U.S. emerges, with contradictory statements from both governments ahead of a scheduled summit. The Korean...