Economy News

Economy

French Economy Minister Criticizes US Tariffs as a Threat to Global Trade Cooperation

France's Economy Minister Eric Lombard criticizes US tariffs on EU automakers as harmful, advocating for cooperation. The EU plans retaliatory tariffs, hoping for a quick resolutio...

Economy

ECB's Kazaks Alerts: US Tariffs May Elevate Costs and Dampen Economic Growth

ECB's Martins Kazaks warns that US tariffs could harm the EU's export-driven economy, leading to higher prices and slower growth, amid Trump's threats of larger tariffs.

Economy

Spain's Retail Sector Shows Resilience with a 1.3% Increase in February Sales

Spain's retail sales grew by 1.3% in February, with food sales up by 0.6% and other products by 1.6% monthly. Annually, sales surged by 3.6%, indicating robust sector growth.

Economy

Spain's Retail Sector Shows Resilience with a 1.3% Sales Increase in February

Spain's retail sales saw a 1.3% increase in February, indicating a resilient sector and potential economic recovery, according to the National Statistics Institute.

Economy

ECB's Kazaks Alerts: US Tariffs Could Escalate Prices and Dampen Economic Growth

ECB's Martins Kazaks warns that US tariffs could harm the EU's export-driven economy, leading to higher prices and slower growth. Trade barriers are seen as detrimental to economic...

Economy

UAW Leader Shawn Fain Praises President Trump's Bold 25% Tariff on Foreign Autos

UAW leader Shawn Fain supports President Trump's 25% tariff on foreign-made cars, calling it a crucial step to protect American workers and rectify decades of detrimental free trad...

Economy

Global Leaders Criticize Trump's Auto Tariffs: A Threat to International Trade and Jobs

Ontario Premier Doug Ford and EU President Ursula von der Leyen criticize Trump's new 25% tariffs on non-US-made cars, warning of increased costs for families and risks to jobs. Ca...

Economy

S&P Global Ratings Warns: 25% Chance of US Recession in the Coming Year Amid Policy Uncertainties

S&P Global Ratings forecasts a 25% chance of the US facing a recession in the next 12 months, citing policy uncertainties as a major risk to the economic outlook.