Trump demands Europe buy more US oil and gas or face tariffs
The incoming US president is raising concerns about a potential transatlantic trade conflict just a month before his return to…
Category: Economics
US commits to 61% emissions reduction by 2035 as Biden exits
The United States has recently joined the ranks of only four nations to present an updated emissions reduction pledge as…
Stocks Drop as Federal Reserve Shift Causes Black Wednesday
Federal Reserve Sparks Market Rout: Wall Street Experiences Plunge, Dollar Rises to Two-Year Highs, and Treasury Yields Spike. In a…
Italy’s PM Meloni urges EU pragmatism with Trump on trade
With the looming possibility of a trade war, Italian Prime Minister Giorgia Meloni is emerging as a significant ally for…
France calls for nuclear-friendly Energy Directive update
In a recent ministerial debate focused on the future of Europe’s energy systems, discussions highlighted the urgent need to improve…
Eurozone Services Improve in December Amid Political Issues
The Eurozone’s services sector demonstrated a significant recovery in December, providing a boost to overall economic activity despite ongoing challenges…
November EV sales spike fueled by China’s market strength
A recent report reveals that China was responsible for two-thirds of global electric vehicle (EV) sales in November 2024, highlighting…
ECB rate cuts economists reactions and future monetary policy
The European Central Bank (ECB) has taken a significant step by cutting interest rates by 25 basis points, bringing them…
Euro Tumbles Before ECB Rate Decision Today
The euro has continued its downward trend against the US dollar following the release of US inflation figures on Wednesday.…
2024 Nobel Prize Winners with MIT Connections Celebrated
During the prestigious Nobel Week in Stockholm, Sweden, MIT affiliates were honored for their exceptional contributions to science and economics.…
French Central Bank Forecasts Zero Growth Q4 2023
The Bank of France’s latest monthly economic survey has uncovered rising uncertainty among businesses operating in Europe’s second-largest economy, with…
China’s Premier Criticizes Tariffs as Growth Hurdles
Stocks in Hong Kong surged following a report from the Communist Party’s Politburo meeting, which indicated that leaders will “implement…
EU budget contributions: top payers and beneficiaries explained
The European Union (EU) budget highlights a significant economic divide between its member states. Wealthier countries from western and northern…
Eurozone Economy Reaches Two-Year High with Increased Spending
The Eurozone’s quarter-on-quarter GDP growth rate saw a modest uptick in the third quarter of the year, driven by increased…
Chinese Automakers Shift to Hybrids to Bypass EU EV Tariffs
In response to the EU’s recent increase in tariffs on Chinese electric vehicles, leading manufacturers like BYD, SAIC, and Geely…