World Bank warns of growing challenges for developing economies
Weak investments and climate change pose significant threats to the growth trajectory of developing economies following a period of substantial…
Category: Economics
UK economy grows again after three months of decline
The UK economy showed signs of recovery in November 2024, bouncing back from an unchanged contraction in October. This growth…
Rising Borrowing Costs Impacting UK Government Explained
Rising borrowing costs are squeezing the UK government’s budget, impacting critical sectors such as the National Health Service, military, emergency…
Inflación en España se confirma en 28% por aumento de combustible
Spain’s inflation rate surged in December, driven primarily by increased transportation costs and a rise in cultural and recreational expenses.…
French Inflation Stable in December as Energy Prices Rise
France’s inflation rate rose to 1.3% year-on-year in December, primarily driven by increasing energy prices. Despite this upward trend, declining…
EU Competitiveness Agenda Sparks Union and Green Group Concerns
Leaders from trade unions and environmental organizations, representing over 250 groups, have issued a strong warning against excessive deregulation as…
Nordics Baltics urge EU to strengthen Russian oil price cap
Denmark, Estonia, Finland, Latvia, Lithuania, and Sweden are advocating for a reassessment of the price cap on Russian seaborne oil,…
How Households Can Reduce Energy Costs Effectively
Energy poverty is a pressing global issue, impacting millions who spend over 8 percent of their annual household income on…
UK Inflation Leads G7 Driven by Rising Energy Prices
The UK continues to experience one of the highest inflation rates in the G7, primarily fueled by escalating energy prices…
Rising Housing Costs Impact Job Market and Staff Availability
Increasing housing costs have prompted many employees to relocate away from capital cities. As a response, numerous employers are now…
French budget discussions pension reform is essential says CEO
France is currently navigating a challenging political landscape as the government engages with party representatives in hopes of garnering support…
California wildfires inflict 50 billion euros in economic loss
Analysts predict the recent LA wildfires could result in a staggering financial impact of at least €50 billion on California’s…
Sweden Inflation Eases Riksbank Rate Cut Hopes Rise
Analysts are optimistic that the Swedish central bank will implement a reduction in its key policy interest rate later this…
China’s wealthy flee as leaders prepare for economic downturn
China’s leadership is preparing for potential economic shocks due to higher tariffs that US President-elect Donald Trump may impose upon…
EU Trade Chief Supports WTO in Geneva After Macron’s Doubts
French President Emmanuel Macron recently stated that the World Trade Organization (WTO) is failing to function effectively, highlighting that multiple…