The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Více
There is a tendency for the European Central Bank to raise its inflation rate this month as shown... Více
The American economy showed off a slackening performance amid first quarter of 2017 but gained much... Více
The Congressional Budget Office stated via its analysis report last Thursday that the US... Více
The retail sales growth in Japan had slowed down in May versus the previous year, which means that... Více
BoC Governor Stephen Poloz caught the attention of the Canadian market... Více
China is taking into account a free-trade agreement with Mexico which was officially reported from... Více
The International Monetary Fund watered down its economic outlook for the United States due to the... Více
The economy of China has progressed in the second quarter as the corporate profits rose and... Více
A U.S. central banker forewarned that advanced economies and financial institutions in the United... Více
US President Donald Trump and India’s Prime Minister Narendra Modi had clinched the deal in i... Více
ECB President Mario Draghi argued in a statement last Monday that the... Více
Business growth in the eurozone did not meet expectations as it approaches the end of the first... Více
Theresa May, British Prime Minister of Britain, said to the leaders of European Union that EU... Více
The US Senate’s health-care bill has cut billions of dollars worth of taxes from large businesses a... Více
The majority of US stock prices crashed on the back of an ever-worsening bout of slump on both... Více
According to the most recent poll, Chinese economists have a positive outlook regarding the future... Více
Federal Reserve authorities are applying more on a hawkish side on the next rate hike signifying... Více
The Ifo Institute for Economic Research in Germany had revised its projections regarding the... Více
The U.S. central bank is ambivalent whether to proceed with the interest-rate hikes in the future... Více
The Republican bloc of the US Senate will be releasing their draft of the healthcare bill this... Více
The American economy remains optimistic as shown in the All-America Economic Survey by CNBC,... Více
Japanese manufacturers confidence rating rallied this month reaching the record level high in April... Více
The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated... Více
South Korea implemented tighter mortgage rules and adjust speculations regarding the resale of... Více
Japanese exports had gained higher in May which recorded on its fastest pace two years ago.... Více
RBA Governor Philip Lowe thinks that the Australian economy will still be able to grow further if... Více
Prices of oil surged on Friday maintaining its close to six-month lows because of excess supply... Více
The council of Calgary asked to produce an economic development investment fund (EDIF) that... Více
As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko... Více
Australia created additional jobs with a total of 42,000 which exceeded the expectations of 10,000... Více
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