Economy News

Economy

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

ECB President Christine Lagarde describes a potential EU-US trade war as a lose-lose scenario, while also seeing an opportunity for the EU to assert independence. She discusses the...

Economy

UK Mortgage Approvals Dip in February: A Closer Look at the Housing Market Slowdown

UK mortgage approvals slightly decreased to 65,500 in February, with remortgaging approvals and consumer credit also seeing declines. Personal loan rates increased, while mortgage ...

Economy

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

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

Economy

Germany's Retail Sector Surges: February Sees a 4.9% Jump in Sales, Outpacing Expectations

Germany's retail trade in February showed a strong performance with a 4.9% real-term increase year-on-year, signaling economic resilience. Monthly turnover also rose by 0.8%, with ...

Economy

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

ECB President Christine Lagarde describes a potential EU-US trade war as a lose-lose scenario, highlighting the risks to global economies and the challenge of controlling Eurozone ...

Economy

UK Mortgage Approvals Dip Slightly in February, Signaling a Cooling Housing Market

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging and consumer credit also declining. Interest rates on personal loans rose, yet...

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 monthly c...

Economy

South Korean Won Plummets to 15-Year High Against Dollar as Short Selling Resumes

The won-dollar exchange rate hit a 15-year high in Seoul, influenced by resumed short selling and anticipation of new U.S. tariffs. Market volatility and political uncertainty pose...