Economy News

Economy

France's Economic Outlook: ECB's Villeroy Asserts No Recession in Sight

ECB's Francois Villeroy de Galhau reassures that France is not heading towards a recession despite economic slowdown. With predictions of growth acceleration in 2026 and 2027 and s...

Economy

NY Fed Survey: Inflation Expectations Rise to 3% in Medium-Term Outlook

The NY Fed's latest survey shows a rise in medium-term inflation expectations to 3%, with a slight increase in household spending growth expectations to 4.8%. Consumer perceptions ...

Economy

Vietnam's Rice Export Prices Hit a 4-Year Low Amid Global Market Shifts

Vietnam's rice export prices have fallen to a four-year low, influenced by global market shifts and competitive pressures from India. Farmers and exporters face challenges as price...

Economy

ECB's Vujcic Advocates for Gradual Rate Adjustments Over Sudden Cuts

Boris Vujcic of the ECB and HNB discusses the preference for gradual rate adjustments over sudden cuts, citing high inflation, wage growth, and geopolitical risks as key considerat...

Economy

Saudi Arabia Unveils Bold Uranium Enrichment Strategy for Nuclear Energy

Saudi Arabia announces plans to enrich uranium for nuclear energy, aiming to produce and sell the mineral. The kingdom's energy minister revealed the strategy, highlighting its pot...

Economy

ECB's Olli Rehn Predicts End of Restrictive Monetary Policy by Midsummer Amid Positive Inflation Trends

Olli Rehn, ECB Governing Council member, forecasts an end to restrictive monetary policy by midsummer, citing positive inflation trends. He also warns of geopolitical risks and the...

Economy

ECB's Lane Stresses Importance of Mid-Range Interest Rates for Inflation Control

ECB Chief Economist Philip Lane discusses the importance of mid-range interest rates for controlling inflation, the risks of rapid rate changes, and the impact of future wage incre...

Economy

Vietnam Rises as a Dominant Force in the Global Durian Market

Vietnam has become a global leader in durian exports, with a 7.8-fold increase since 2022, driven by strong demand from China. The country's strategic planning, quality improvement...