Economy News

Economy

Spain's Inflation Rate Drops to 2.3% in March, Marking a Significant Slowdown

Spain's inflation rate dropped to 2.3% in March, down from 3% in February, driven by slower rises in transportation and housing prices, and a decline in leisure and culture costs.

Economy

China Escalates Trade War with US, Raising Tariffs from 84% to 125%

China responds to US tariff hikes by increasing its own tariffs on US goods from 84% to 125%, signaling a sharp escalation in the trade war and warning of the economic senselessnes...

Economy

ECB's Villeroy Warns Against Trump's Financial Deregulation Path for EU

ECB's Francois Villeroy de Galhau warns the EU against adopting Trump's financial deregulation policies, citing the 2008 crisis as a lesson against such moves. He emphasizes the ri...

Economy

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

Economy

Vietnam PM Calls for Swift Action to Mitigate Impact of US Tariffs on Trade and Economy

Vietnam's Prime Minister Chinh has directed immediate actions to negotiate with the U.S. over new tariffs, aiming to protect the economy and diversify trade. The strategy includes ...

Economy

EU Extends Gas Storage Rules for Two Years to Bolster Energy Security Amid Market Volatility

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

Economy

ECB's Villeroy Warns Against Following Trump's Financial Deregulation Path

ECB's Francois Villeroy de Galhau criticizes Trump's financial deregulation, warning it could lead to future crises. He stresses the importance of learning from the 2008 banking cr...

Economy

UK Economy Shows Resilience with a 0.5% GDP Growth in February Amidst Global Uncertainties

The UK's GDP grew by 0.5% in February, with production output up by 1.5%, construction by 0.4%, and services by 0.3%. Over the three months to February, GDP increased by 0.6%, show...