Economy News

Economy

April's Sharp Decline in Eurozone Investor Confidence Signals Economic Uncertainty

Eurozone investor confidence sharply declined in April, with the Sentix index dropping to its lowest since October 2023. Germany experienced a significant fall, highlighting growin...

Economy

China Accuses US of Economic Bullying and Unilateralism in Global Trade Dispute

Chinese Foreign Ministry spokesperson Lin Jian criticizes the US for using tariffs to advance its dominance, accusing it of economic bullying and undermining global trade stability...

Economy

Eurozone Retail Sales Show Promising Growth with a 0.3% Rise in February

Eurostat reports a 0.3% increase in Eurozone retail trade in February, with the EU seeing a 0.2% rise. Yearly growth stands at 2.3% for the Eurozone and 2% for the EU, with Cyprus ...

Economy

Fitch Warns: Trump's Tariffs to Severely Impact Key EU Corporate Sectors Including Automotive and Chemicals

Fitch Ratings reports that Trump's tariffs could weaken revenue and profitability for EU sectors like automotive and chemicals, with EU firms facing competition from China in non-U...

Economy

JPMorgan CEO Jamie Dimon Warns: US Tariffs Could Spark Inflation and Economic Slowdown

JPMorgan CEO Jamie Dimon warns that US tariffs could lead to inflation and slow economic growth, raising recession fears. Business leaders, including Bill Ackman, criticize the pol...

Economy

Germany's Industrial Output Takes a Hit: A 1.3% Drop in February Signals Economic Challenges

Germany's industrial production fell by 1.3% in February, with significant declines in construction, food industry, and energy production. The downturn reflects broader economic ch...

Economy

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

Germany's trade surplus rose to €17.7 billion in February, surpassing January's figures but falling short of last year's and analysts' expectations. Exports and imports both saw mo...

Economy

April Shock: Eurozone Investor Confidence Hits Lowest Since October 2023 Amid Global Tensions

Eurozone investor confidence plummeted in April, hitting its lowest since October 2023, with Germany also seeing a significant drop. The Sentix report cites global tensions and tar...