Economy

German inflation surprised markets by surging in February In a surprise move, German inflation surged higher in February, causing markets to take notice. German…

World Trade Boom Globalization may be on a high level, but the resilience of trade in the face of growing headwinds means reversing the past three decades is not…

France's inflation rate increased in February to 7.2% The INSEE statistics organization announced on Tuesday that France's annual inflation rate unexpectedly rose…

Portugal's economy is slowing after gaining 6.7% in 2022 Portugal's economy grew by 6.7% last year. That is the strongest boost in the last 35 years. The government…

Ukraine's economy stabilizes A year ago, the Novus supermarket chain shelves in Ukraine's Kyiv were rapidly emptied as its supply networks - had internal and large…

Egypt aims to boost tourism. What is the plan?  Egypt is an attractive tourist destination for many people. It is the country of ancient pyramids and the Red Sea…

Ukraine's economy recovers from the effects of the war The Novus grocery chain in Kyiv immediately ran out of stock after Russia attacked Ukraine a year ago as both…

German economy shrinks by 0.4% German economy shrunk more in the last 3 months of 2022 than expected. Inflation and the energy crisis, which affected household…

Croatian think tank projects 6.2% GDP growth in 2022 According to a local think tank, the Institute of Economics Zagreb (EIZ), Croatia's December economic…

U.S. hits Russia with new sanctions due to Ukraine war The United States issued new sanctions against Russia and its allies on the first anniversary of the Ukraine…

The UK economy is in a lot better shape Britain has avoided a widely expected recession so far. The UK business world is signaling the economy may hold up better…

Ukraine sets new 50-year-long sanctions on Russia  Ukraine issued new sanctions aimed at Russian financial institutions on Thursday. The parliament announced that…

Africa's largest economy is set to resonate Young people are going to vote in the first election in Nigeria in decades amid uncertainty and hardship. Africa's…

Citigroup forecasts more robust growth for the global economy Citigroup economists stated that the global economy would likely show robust growth this year. They…

Economic picture brightens On Tuesday, eurozone government bond yields went up. This is because survey data showed the economy got stronger in February. This means…

Business growth hit a 9-month peak in the euro area. Why's that?  In Europe, the services sector reported especially high growth recently, surprising markets. It…

The German economy has brightened slightly The outlook for the German economy brightened slightly after energy prices eased. Economic output should fall…

Norway's inflation should drop to 4.8% in 2023 Norway's headline inflation, which is the most recent figure available, will go down from 5.8% last year to 4.8% in…

Germany plans to start using renewable power broadly European countries struggled to find additional energy resources this winter after Russia stopped delivering…

Markets fall on a hot economy U.S. stocks have been weighed down by a persistently upbeat economy — and the Fed's dovish rhetoric. Unemployment is at its lowest…