Economy News

Economy

Trump Unveils New Tariffs, Criticizes Global Trade Practices and Ukraine War

US President Donald Trump announces new tariffs targeting countries with unfair trade practices, criticizes Brazil, and condemns the Ukraine war, calling for its end due to high ca...

Economy

Vietnam's Aviation Industry Soars: A Remarkable Recovery and Strategic Expansions

Vietnam's aviation industry is experiencing a robust recovery, with significant growth in international passenger numbers and strategic expansions by local and foreign airlines, pa...

Economy

Surge in US Mortgage Applications: A 9.4% Jump Signals Robust Housing Market Revival

Mortgage applications in the US jumped by 9.4% in early July, signaling a strong housing market recovery. Key indexes and expert insights reveal growing demand fueled by inventory ...

Economy

ECB's Strategic Rate Cut Aims to Stabilize Inflation Amid Global Uncertainties

ECB Chief Economist Philip Lane discusses the impact of the recent rate cut on inflation and emphasizes a data-dependent approach to future monetary policy decisions.

Economy

EU and US on the Brink of Historic Trade Deal: Final Negotiations Underway

The European Commission aims to finalize a trade deal with the US before August 1, with negotiations possibly concluding in the coming days. A proposed 10% base tariff excludes cer...

Economy

ECB's de Guindos Optimistic About Euro's Future Stability and Its Impact on Eurozone Growth

ECB Vice President Luis de Guindos expresses hope for the euro's stabilization to mitigate negative impacts on Eurozone growth, while also discussing its potential as a global rese...

Economy

US Wholesale Inventories See a 0.3% Dip in May, Signaling Economic Shifts

US wholesale inventories fell by 0.3% in May to $905.5 billion, with a year-over-year increase of 1.4%. Merchant wholesalers' sales also dropped by 0.3% monthly but rose 4.8% annua...

Economy

Surge in US Crude Inventories: A 7.1M Barrel Increase Sparks Market Attention

The EIA reports a 7.1 million barrel increase in US commercial crude oil inventories, now 8% below the five-year average. Refinery operations slightly decreased, while gasoline pro...