OPEC maintains its global oil demand growth forecast for 2025 at 1.4 million barrels per day, driven by strong air travel, road mobility, and industrial activities in non-OECD coun...
Italy's public debt has reached a record high of €3.0052 trillion in November, as reported by the country's central bank. The increase is largely due to the accumulation of Treasur...
Mortgage applications in the U.S. have surged by 33.3%, with the average interest rate for 30-year fixed-rate mortgages rising to 7.09%. This significant increase, reported by the ...
US Treasury Secretary Janet Yellen praises President Biden's economic policies for setting the US economy on a strong path, highlighting the American Rescue Plan's role in mitigati...
Eurozone's industrial production saw a 0.2% increase in November, with durable consumer goods leading the growth. However, the sector faced a 1.9% decline compared to the previous ...
British Chancellor Rachel Reeves calls for more efforts to help families with the cost of living after a slight drop in inflation to 2.5% in December, with economic growth remainin...
The International Energy Agency has adjusted its 2025 global oil demand growth forecast to 1.05 million bpd, citing factors like lower fuel prices and colder weather. It also expec...
Germany's GDP saw a 0.2% decline in 2024, attributed to increased competition, high energy costs, and an uncertain economic outlook, according to Destatis.
