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…
Category: Finance
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.…
EU Plans to Use Frozen Russian Assets for €35 Billion Ukraine Aid
The profits generated from Russia’s frozen assets play a crucial role in the €35 billion loan pledged by the European…
Norway keeps benchmark interest rate at 4.5% a 16-year high
Why is one of Europe’s top-performing economies not aligning with the ECB’s monetary policy changes? The Norges Bank recently opted…
Impact of Fed Jumbo Rate Cut on European and Global Markets
The Federal Reserve’s significant interest rate cut could lead to an increased loosening of global liquidity, potentially causing a shift…
Ireland requires tens of thousands more homes each year
Ireland’s housing market is facing a significant crisis, largely driven by a decade of insufficient supply and an urgent need…
US Federal Reserve cuts benchmark interest rate by 0.5%
On Wednesday, the Federal Reserve made a significant move by reducing its benchmark interest rate by a striking half-point. This…
Bank of England Holds Interest Rates Amid Stubborn Inflation
The Bank of England (BOE) will announce its interest rate decision this Thursday, as market analysts widely expect the rate…
US Federal Reserve Cuts Interest Rates for First Time in 4 Years
In a significant move, the US Federal Reserve is preparing to reduce interest rates for the first time in four…