Economy News

Economy

Discover Thailand's Top 4 Expat Havens: Live Comfortably from $1,200 a Month

Explore Thailand's top 4 expat havens where you can enjoy a comfortable lifestyle starting from $1,200 a month. From the tropical beaches of Koh Samui to the historical charm of Ch...

Economy

Eurozone Boasts a Staggering €36.8B Trade Surplus in March, Outpacing Previous Records

The Eurozone and EU reported significant trade surpluses in March, with the Eurozone's surplus reaching €36.8 billion, up from €24 billion in February. Exports and imports both sho...

Economy

Italy's Trade Surplus Shrinks to €3.7B in March Amid Rising Imports and Exports

Italy's trade surplus fell to €3.7 billion in March, down from €4.4 billion, with exports growing by 5.8% and imports by 7.6% year-on-year. Excluding energy, the surplus was €7.6 b...

Economy

Fed's Bostic Predicts Just One Interest Rate Cut Amid Inflation and Tariff Challenges

Atlanta Fed President Raphael Bostic forecasts a single interest rate cut this year due to market uncertainties and inflation challenges, including tariff impacts, while maintainin...

Economy

Global Trade Tensions Rise: APEC Leaders Voice Concern Over U.S. Tariffs and WTO Challenges

APEC leaders have issued a joint statement expressing concern over global trade disputes, especially U.S. tariffs, and stressed the importance of cooperation and the WTO. South Kor...

Economy

Global Shift: U.S. Dollar's Reign in Foreign Exchange Reserves Faces Unprecedented Decline

The U.S. dollar's share in global foreign exchange reserves has reached a historic low, with countries turning to gold and the Japanese yen as alternatives. This shift reflects gro...

Economy

Italy's Inflation Climbs to 2% in April: Energy Prices Fuel the Rise

Italy's annual inflation rate rose to 2% in April, up from 1.9% in March, driven by higher energy prices. Core inflation, excluding energy and fresh food, stood at 2.1%.

Economy

Switzerland's Industrial Sector Booms: An 8.5% Surge in Q1 2025 Signals Strong Growth

Switzerland's industrial production increased by 8.5% in Q1 2025, with the secondary sector growing by 7.1%. Construction output declined by 3.7%, but building construction and civ...