Euro drops to two-month low as Fed holds back on rate cuts
The euro has recently slipped to a two-month low against the US dollar, following the release of the Federal Reserve…
Category: Finance
Eurozone Retail Sales Increase in August Germany Factory Orders Drop
Eurozone retail sales witnessed a modest growth of 0.2% in August, recovering from a flat performance in July. However, Germany’s…
Microlending Revolutionizing Financial Inclusion for the Poor
Integrating the 1.4 billion people worldwide who lack access to banking services into the financial system is crucial for governments…
Most Affordable Country in Europe for Buying a Home
A recent analysis of property prices across 62 countries in relation to average local wages reveals an unexpected twist: Denmark,…
Dublin budget boosts wages and cuts taxes ahead of election
Irish politicians unveiled a substantial national budget for 2025 this afternoon, despite ongoing concerns about inflation and fiscal stability. During…
German inflation falls to three-year low as energy prices drop
In September, Germany experienced a decline in inflation for the second consecutive month, primarily driven by a drop in energy…
Czech Central Bank Cuts Rates More Reductions Expected
The Czech Republic’s central bank has made headlines by cutting its key interest rate for the seventh consecutive time, responding…
Belgium urged to cut public spending to lower debt and deficit
The alarming rise in debt levels has caught the attention of the OECD, which projects that if no corrective action…
Germany Critiques UniCredit’s Hostile Strategy for Commerzbank
UniCredit’s ambitious bid to increase its stake in Commerzbank to 29.9% is encountering resistance from German authorities. While the European…
Hungary key interest rate cut following US Fed decision
Policy adjustments have seen a reduction in borrowing costs in Hungary following a pause in August. However, it’s important to…
German Business Confidence Falls DAX Index Stays Strong
In September, Germany’s business confidence plummeted for the fourth consecutive month, reaching its lowest levels in nearly a year. Despite…
Banks Lack Readiness for Upcoming Financial Crisis Report
Brussels-based NGO Finance Watch emphasizes the urgent need for stringent banking regulations to safeguard financial stability. However, the organization warns…
Oil Prices Remain Stubborn Amid Weak Economic Data
Crude oil markets are currently under downward pressure due to disappointing manufacturing and services data emerging from key global economies.…
New Musical Innovations at MIT Research and Development
For many generations, Andrew Sutherland’s family had a cherished calling: playing the bagpipes. Growing up in Halifax, Nova Scotia, he…
Eurozone Business Activity Declines as Olympic Impact Weakens
Business activity in the Eurozone experienced a contraction in September, accompanied by diminished demand that has alleviated some inflationary pressures.…