Economy News

Economy

Christine Lagarde Sounds Alarm: Europe's Economic Future at Risk

ECB President Christine Lagarde warns of an existential economic threat to Europe due to shifting dynamics with the US, highlighting bureaucracy and lack of investment as key conce...

Economy

Global Economy Shows Resilience: IMF Reports Positive Growth Amidst Inflation Challenges

IMF Managing Director Kristalina Georgieva at Davos highlighted the global economy's resilience, noting positive growth despite inflation and high interest rates, aiming for reduce...

Economy

UK Considers Joining Pan-European Trade Bloc to Enhance Global Trade Links

The UK is exploring membership in the Pan-Euro-Mediterranean Convention to boost tariff-free trade across Europe, Africa, and the Levant. British Business Secretary Jonathan Reynol...

Economy

UK Economy Shows Signs of Recovery as Business Activity Expands in January

The UK's private sector saw a slight improvement in January, with growth rates hitting a three-month high. Despite this, concerns over future prospects and increased staff costs re...

Economy

January Marks a Six-Month High in German Services Activity, Signaling Economic Recovery

Germany's services sector reached a six-month high in January, signaling economic recovery. The HCOB Flash Germany Composite PMI Output Index rose to 50.1, with the services sector...

Economy

Eurozone's Private Sector Sees Growth in January: A Five-Month High

The euro area's private sector returned to growth in January, with the composite PMI reaching a five-month high. The service sector saw a slight decline, whereas manufacturing indi...

Economy

January Sees French Services Sector Dip to Two-Month Low, Manufacturing Rebounds

The French services sector contracted further in January, reaching a two-month low, while the manufacturing sector showed signs of recovery. The overall economic activity in France...

Economy

China Denies Pursuing Trade Surplus Amid US Tariff Threats

China denies aiming for a trade surplus amidst US tariff threats, emphasizing dialogue and cooperation over differences. Chinese Foreign Ministry spokesperson Mao Ning highlights t...