Economy News

Economy

Sharp Decline in German Economic Sentiment Sparks Concerns Over US Trade Policy Impact

Germany's economic sentiment indicator sharply declined to negative 14 in April, influenced by unpredictable US trade policies, with the Eurozone also experiencing a downturn.

Economy

Canada's Inflation Rate Dips to 2.3% in March, Surprising Economists with a Steeper Decline

Canada's inflation rate unexpectedly dropped to 2.3% in March, below February's 2.6%, due to lower prices in travel tours and gasoline. Monthly CPI rose by 0.3%.

Economy

Canada Announces Six-Month Tariff Relief for US Goods to Boost Manufacturing and Healthcare

Canada introduces a six-month tariff relief for US goods used in manufacturing and essential sectors, alongside a new framework to support automakers, aiming to strengthen economic...

Economy

EIA Forecasts Brent Crude to Hit $91 per Barrel by 2050 Amid Shifting Energy Consumption Trends

The EIA predicts Brent crude prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rising again in the 2040s, yet r...

Economy

EIA Forecasts Brent Crude Oil to Hit $91 per Barrel by 2050, Signaling Long-Term Energy Shifts

The EIA predicts Brent crude oil prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rebounding in the 2040s, but...

Economy

German Economic Sentiment Takes a Sharp Dive in April Amid Global Trade Uncertainties

Germany's economic sentiment indicator sharply declined to negative 14 in April, influenced by global trade uncertainties and US policy changes, with the Eurozone also experiencing...

Economy

Canada's Inflation Rate Drops to 2.3% in March, Surpassing Economists' Expectations

Canada's inflation rate decreased to 2.3% in March, below February's 2.6% and economists' expectations, primarily due to lower prices for travel tours and gasoline.

Economy

Canada Announces Six-Month Tariff Relief on US Goods to Boost Manufacturing and Public Health

Canada introduces a six-month tariff relief on US goods to support manufacturing and public health sectors, alongside a new framework to incentivize automotive industry growth.