Economy News

Economy

January Sees a Dip in US Consumer Confidence: What's Behind the Numbers?

The University of Michigan reports a decline in the US Consumer Sentiment Index for January, dropping to 71.1 from a preliminary estimate of 73.2, indicating a shift in consumer co...

Economy

Kristalina Georgieva Calls for Enhanced Productivity Growth in the EU to Compete Globally

IMF Managing Director Kristalina Georgieva urges the European Union to enhance productivity and competitiveness by opening up entrepreneurship opportunities, deepening capital mark...

Economy

Christine Lagarde Advocates for Global Cooperation to Navigate US Trade Challenges

European Central Bank President Christine Lagarde calls for global cooperation to address trade tensions, emphasizing negotiation, mutual reliance, and balanced trade relationships...

Economy

Christine Lagarde Sounds Alarm: Europe's Economic Future at Risk

ECB President Christine Lagarde warns of an existential economic threat to Europe due to shifting dynamics with the US, highlighting bureaucracy and lack of investment as key conce...

Economy

Global Economy Shows Resilience: IMF Reports Positive Growth Amidst Inflation Challenges

IMF Managing Director Kristalina Georgieva at Davos highlighted the global economy's resilience, noting positive growth despite inflation and high interest rates, aiming for reduce...

Economy

UK Considers Joining Pan-European Trade Bloc to Enhance Global Trade Links

The UK is exploring membership in the Pan-Euro-Mediterranean Convention to boost tariff-free trade across Europe, Africa, and the Levant. British Business Secretary Jonathan Reynol...

Economy

UK Economy Shows Signs of Recovery as Business Activity Expands in January

The UK's private sector saw a slight improvement in January, with growth rates hitting a three-month high. Despite this, concerns over future prospects and increased staff costs re...

Economy

January Marks a Six-Month High in German Services Activity, Signaling Economic Recovery

Germany's services sector reached a six-month high in January, signaling economic recovery. The HCOB Flash Germany Composite PMI Output Index rose to 50.1, with the services sector...