Economy News

Economy

Eurozone Retail Sales Show Promising Growth: A 0.3% Rise in February Sparks Economic Optimism

Eurozone retail sales grew by 0.3% in February, with the EU seeing a 0.2% increase. Yearly figures show a 2.3% rise in the Eurozone and 2% in the EU, highlighting economic recovery...

Economy

Trump's Tariffs Threaten EU Corporate Sectors: Chemical, Automotive, and Hardware to Suffer Most

Fitch Ratings reports that Trump administration tariffs will weaken EU corporate sectors, especially chemical, automotive, and hardware, by affecting exports and supply chains, wit...

Economy

EU Proposes Zero-Tariff Deal to US on Industrial Goods Amid Trade Tensions

The EU has proposed a zero-tariff deal on industrial goods to the US, signaling a willingness to negotiate but also prepare countermeasures. A new task force will monitor imports t...

Economy

Navarro Predicts Dow Surge to 50,000 Points Amid Market Recovery Optimism

Peter Navarro forecasts a Dow Jones leap to 50,000 points, dismissing recession fears and advocating for tariffs to fund tax cuts, while calling out non-tariff trade barriers.

Economy

Navarro Predicts Dow Surge to 50,000: A Bold Forecast Amid Market Turbulence

Peter Navarro forecasts a Dow Jones surge to 50,000 points, dismissing recession fears and emphasizing the role of tariffs in funding tax cuts. He calls for fair trade practices, s...

Economy

EU Proposes Groundbreaking Zero Tariff Deal with US on Industrial Goods, Ready to Defend Interests

European Commission President Ursula von der Leyen announces the EU's proposal for a zero tariff agreement with the US on industrial goods, ready to negotiate or take countermeasur...

Economy

Germany's Industrial Output Takes a Hit: February Sees a 1.3% Monthly Decline

Germany's industrial production faced a downturn in February, with a 1.3% monthly decline and a 4% drop year-on-year. Key sectors like construction, food industry, and energy produ...

Economy

Germany's Trade Surplus Rises to €17.7 Billion in February, Defying Expectations

Germany's trade surplus reached €17.7 billion in February, showing growth from January but a decrease from February 2024. Exports and imports both saw increases, with notable trend...