Economy News

Economy

UK Economy Shows Resilience: Composite PMI Rises to 51.5 in March, Signaling Growth

The UK's PMI Composite Output Index rose to 51.5 in March, indicating economic growth, with the services sector showing notable improvement. Experts highlight the role of technolog...

Economy

Spain Announces Immediate Relief and Strategic Revival for Industries Hit by US Tariffs

Spanish Prime Minister Pedro Sanchez is set to announce a safety net and relaunch strategy for sectors impacted by US tariffs, as part of Spain's response to the new American trade...

Economy

Turkey's Inflation Rate Dips Slightly in March, Yet Housing and Food Prices Continue to Soar

Turkey's inflation rate slightly decreased to 38.10% in March from 39.05% in February, with housing prices soaring by 68.63% and food prices by 37.12% annually. The CPI rose by 2.4...

Economy

Global Markets React: European Bond Yields Dip as Trump's Tariffs Spark Safe-Haven Rush

European bond yields fell as investors moved towards safe-haven assets following US President Donald Trump's new tariff policy, sparking fears of global stagflation and causing sig...

Economy

Fears of Economic Downturn Grow as US Treasury Yields Experience Sharp Decline

US Treasury yields fell sharply as investors reacted to economic risks from Trump's tariff overhaul, raising fears of a potential downturn. Key yields dropped significantly, reflec...

Economy

ECB's De Guindos Warns: Navigating Unprecedented Uncertainty with Extreme Prudence in Monetary Policy

ECB Vice-President Luis de Guindos calls for extreme prudence in monetary policy amid high uncertainty, exploring unconventional risks and tools for financial resilience. Trade ten...

Economy

UK PM Starmer Warns of Global Economic Impact from US Reciprocal Tariffs

British Prime Minister Keir Starmer warns of the global economic impact from US reciprocal tariffs, emphasizing the UK's preparedness and resilience. UK Business and Trade Secretar...

Economy

Germany's Economic Momentum Wanes: Services Sector Slowdown Hits Four-Month Low in March

Germany's services sector slowed in March, with the Services PMI Business Activity Index hitting a four-month low at 50.9, while the Composite PMI Output Index rose to a 10-month h...