Economy News

Economy

ECB's Simkus Advocates for a 25-Point Rate Cut in April Amid Trade Tensions

ECB's Gediminas Simkus suggests a 25-point rate cut in April to adapt to trade tensions, ensuring policy remains near the neutral rate, while ruling out larger cuts due to potentia...

Economy

UK Chancellor Rachel Reeves Prioritizes US Deal Amid Global Economic Turbulence

UK Chancellor Rachel Reeves discusses the impact of US tariffs on the global economy, the resilience of British markets, and the government's focus on securing a US deal while supp...

Economy

Ukraine Strengthens European Ties with Groundbreaking EFTA Trade Agreement

Ukraine has signed a transformative free trade agreement with EFTA, enhancing e-commerce, SME support, and goods trade, aiming for deeper European supply chain integration. Last ye...

Economy

Billionaire Bill Ackman Advocates for Strategic Delay in Trump's Tariff Implementation

Billionaire investor Bill Ackman supports President Trump's tariff strategy but recommends a 30 to 90-day delay to allow for negotiations and prevent global economic disruption. He...

Economy

President Trump to Revitalize Coal Industry with New Executive Order at 3PM ET

President Donald Trump is set to sign an executive order at 3:00 pm ET to strengthen the American coal industry, focusing on affordability, reliability, and cleanliness, as announc...

Economy

ECB's Urgent Call: Digital Euro Regulation to Combat Foreign Dependence and Strengthen EU Autonomy

ECB's Piero Cipollone stresses the urgency of digital euro regulation to reduce EU's foreign dependence and enhance strategic autonomy, amid concerns over US crypto promotion and d...

Economy

European Auto Giants Call for Immediate Response to US Tariff Challenges

European automotive leaders met with Ursula von der Leyen to discuss the adverse effects of US tariffs on trade and supply chains, urging quick policy action and the advancement of...

Economy

ECB's de Guindos Raises Alarm Over Potential Full-Blown Trade War from US Tariffs

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, highlighting the negative impact of US policies on global economic stability and ...