Economy News

Economy

UK Braces for Impact: How Trump's April 2 Tariffs Could Reshape British Economy

The UK anticipates economic impacts from US President Donald Trump's tariffs on foreign goods starting April 2. Discussions for a UK-US economic prosperity deal are ongoing, with B...

Economy

Germany's Retail Sector Soars: February Sales Jump 4.9% Year-on-Year

Germany's retail trade turnover increased by 4.9% in real terms in February compared to the previous year, with food and non-food sectors both showing growth. Monthly turnover also...

Economy

ECB's Lagarde Warns: A Trade War Between EU and US is a Lose-Lose for All Involved

ECB President Christine Lagarde describes a potential EU-US trade war as a "lose-lose scenario," while also noting it could allow the EU to "show independence." She also discusses ...

Economy

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February Amid Rising Loan Rates

The UK housing market shows signs of slowing as mortgage approvals fell to 65,500 in February, with remortgaging and consumer credit also seeing declines. Personal loan rates incre...

Economy

Italy's Inflation Rises to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while HICP saw ...

Economy

Putin Keeps Door Open for Trump Talks Amid Ukraine Tensions, Kremlin Confirms

Kremlin spokesperson Dmitry Peskov confirms Putin's openness to talks with Trump, despite tensions over Ukraine. Trump considers sanctions on Russian oil if no ceasefire is achieve...

Economy

Putin Keeps Door Open for Trump Dialogue Amid Ukraine Tensions and Economic Threats

Kremlin states Putin remains open to dialogue with Trump amidst tensions over Ukraine, with recent proposals for peace negotiations and threats of economic sanctions on Russian oil...

Economy

Germany's Retail Sector Booms: February Sees a 4.9% Surge in Sales

Germany's retail trade surged by 4.9% in real terms in February year-on-year, with food and non-food sectors both showing positive growth trends, indicating a robust retail market.