Economy News

Economy

UK and US Edge Closer to Landmark Trade Deal: What It Means for Both Nations

UK Chancellor Rachel Reeves meets US Treasury Secretary Scott Bessent to discuss a trade agreement beneficial for both countries, with the UK ready to remove trade barriers but ins...

Economy

SEC Chair Pledges Clear Regulatory Framework to Boost Crypto Market Innovation and Confidence

SEC Chair Paul Atkins announces plans for a clear regulatory framework in the cryptocurrency market to address past uncertainties and foster innovation, ensuring a stable environme...

Economy

UK and US Edge Closer to a Mutually Beneficial Trade Deal, Reeves Confirms

UK Chancellor Rachel Reeves discusses a potential trade deal with US Treasury Secretary Scott Bessent, aiming for an agreement that benefits both nations while upholding UK standar...

Economy

SEC Chairman Pledges to Bring Clear Regulatory Framework to the Cryptocurrency Market

SEC Chairman Paul Atkins vows to introduce clear regulatory guidelines for the cryptocurrency market, addressing past uncertainties and fostering innovation. This commitment was an...

Economy

EU and US Engage in Productive Dialogue on Tariffs and Ukraine Support Amidst Global Economic Challenges

European Trade Commissioner Valdis Dombrovskis and US Treasury Secretary Scott Bessent held cordial talks focusing on tariffs and macroeconomic policies, with a strong emphasis on ...

Economy

Bank of Russia Holds Firm: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation forecasts for 2025 remain at 7%-8%, with current rates at 8.3%...

Economy

UK's Rachel Reeves Emphasizes Stronger Trade Bonds with EU Over US in Global Strategy

British Chancellor Rachel Reeves underscores the UK's focus on strengthening trade relations with the EU over the US, citing proximity and economic ties. Efforts include meetings w...

Economy

April Marks a Steep Decline in US Consumer Confidence, Signaling Economic Concerns

U.S. consumer confidence in April showed a significant decline, with indices dropping both monthly and annually, reflecting growing economic concerns and uncertainty among consumer...