Economy News

Economy

US Manufacturing Sector Shows Signs of Slowdown in March Amidst Declining Production and Orders

The US manufacturing sector's growth slowed in March, with the PMI dropping to 50.2 from 52.7 in February, marking the weakest increase this year. Production fell for the first tim...

Economy

Eurozone Inflation Dips Slightly to 2.2% in March: A Closer Look at the Numbers

Eurozone's annual inflation slightly decreased to 2.2% in March, with services leading the CPI increase. Core CPI rose by 2.4% year-on-year, with varying rates across countries.

Economy

Christine Lagarde Debunks AI Job Apocalypse Myth, Highlights Productivity Boost in Europe

ECB President Christine Lagarde discusses AI's potential to boost productivity in Europe without causing widespread job losses, highlighting the importance of addressing labor ineq...

Economy

Acting President Han Urges Government-Business Alliance to Combat U.S. Trade Tariffs Crisis

Acting President Han Duck-soo announces emergency support for industries affected by U.S. tariffs, vetoes a controversial Commercial Act amendment, and calls for unity between gove...

Economy

Christine Lagarde Debunks AI Job Apocalypse Myth, Highlights Productivity Boost in Europe

ECB President Christine Lagarde discusses AI's positive impact on European productivity and dispels fears of a job apocalypse, highlighting the nuanced effects on the workforce.

Economy

Eurozone Inflation Dips Slightly in March: A Closer Look at the Numbers Behind the Drop

Eurozone's annual inflation slightly decreased from 2.3% in February to 2.2% in March, with services contributing the most to the CPI increase. Core CPI rose by 2.4% year-on-year, ...

Economy

Exclusive: White House Considers Imposing 20% Tariff on Most Imported Goods

The White House is considering a 20% tariff on most imports to the U.S., as part of a reciprocal trade strategy. President Trump is reviewing multiple proposals, with potential exe...

Economy

Germany's Manufacturing Sector Hits 31-Month High in March, Signaling Robust Recovery

Germany's manufacturing sector reached a 31-month high in March, with the PMI at 48.3. Growth was driven by new orders and domestic sales, though challenges like falling employment...