Economy News

Economy

Taiwan's Urgent Call: Parliament Asked to Unfreeze $4.25 Billion Budget Amidst Constitutional Review

Taiwan's government is pressing the Parliament to unfreeze a $4.25 billion budget, seeking a constitutional review and addressing fund reallocation to local governments to ease pub...

Economy

Eurozone Inflation Forecast Rises: ECB Predicts 2.2% in 2025 Amid Economic Growth Adjustments

The ECB's latest survey forecasts a slight increase in Eurozone inflation to 2.2% in 2025, with stable predictions for 2026 and 2027. Economic growth is also expected to rise, with...

Economy

Eurozone Inflation and GDP Growth Forecasts Adjusted Upward for 2025 and 2026, ECB Reports

The European Central Bank's latest survey forecasts a slight increase in Eurozone inflation and GDP growth for 2025 and 2026, with unemployment rates expected to remain stable at 6...

Economy

Taiwan's Cabinet Seeks Parliament Approval to Unfreeze $4.25 Billion Budget Amid Constitutional Review

Taiwan's government has requested Parliament to unfreeze T$138.1 billion ($4.25 billion) in funds, seeking a constitutional court review and addressing a contentious amendment. The...

Economy

Taiwan's Urgent Appeal: Parliament Urged to Release $4.25 Billion Frozen Budget Amidst Constitutional Review

Taiwan's government, led by Cabinet Spokesperson Michelle Lee, is pushing for the unfreezing of a $4.25 billion budget, currently under parliamentary freeze, to address public admi...

Economy

Taiwan's Cabinet Seeks Quick Unfreeze of $4.25 Billion Budget to Ease Public Inconvenience

Taiwan's government requests Parliament to unfreeze $4.25 billion to ease public administrative difficulties, amid calls for a constitutional review and debate over fund allocation...

Economy

BOK Governor Rhee Advocates for Supplemental Budget Amid Economic Uncertainty and Political Challenges

Bank of Korea Governor Rhee Chang-yong emphasizes the need for a supplemental budget to address economic challenges exacerbated by martial law and global uncertainties, advocating ...

Economy

Breaking News: Klaus Schwab Announces Immediate Resignation as WEF Chair at 88

Klaus Schwab, the 88-year-old founder of the World Economic Forum, has announced his immediate resignation as chair. Peter Brabeck-Letmathe will act as interim chairman until a suc...