Economy News

Economy

Lagarde Optimistic About Future US-EU Tariff Negotiations Amid Trade Policy Concerns

European Central Bank President Christine Lagarde is hopeful about the prospects of US-EU tariff negotiations, despite concerns over US trade policies. She emphasizes the need for ...

Economy

Eurozone Inflation Forecast Rises to 2.2% in 2025: ECB Survey Reveals Upward Trends

The ECB's latest survey forecasts a slight increase in Eurozone inflation to 2.2% in 2025, with GDP growth also revised upwards. Unemployment rates are expected to remain stable at...

Economy

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government forecasts economic stagnation in 2025, with a slight growth adjustment for 2026, citing global trade uncertainties and tariffs as key factors influencing busi...

Economy

Spain Accelerates Defense Spending to Meet NATO Target by 2025, Strengthening Security Commitments

Spain announces it will meet NATO's 2% defense spending target by 2025, four years ahead of schedule, with a €10.47 billion boost focusing on telecommunications, cybersecurity, and...

Economy

ECB Nears Inflation Target: Peter Kazimir Signals Confidence Amid Economic Uncertainties

Peter Kazimir of the ECB expresses confidence in nearing the inflation target, despite economic uncertainties and the need for a cautious approach to US tariffs.

Economy

Global Growth Forecast Slashed to 2.8% in 2025 by IMF Amid Trade Tensions and Economic Reset

The IMF has reduced its global growth forecast for 2025 to 2.8%, citing trade tensions and economic adjustments. Significant revisions were made for the US, China, and Eurozone eco...

Economy

ECB's Lagarde Optimistic About US-EU Tariff Talks, Warns Against Powell's Dismissal

ECB President Christine Lagarde expresses confidence in US-EU tariff talks, warns against dismissing Fed Chair Powell, and emphasizes fair trade practices and the importance of US-...

Economy

Chevron CEO Optimistic: US Economy Shows No Immediate Signs of Recession Despite Trade Tensions

Chevron CEO Michael Wirth remains optimistic about the US economy, seeing no immediate signs of a recession despite trade tensions and tariffs. The IMF has adjusted its 2025 US gro...