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Economy118 articles found

The US Congress building with the US flag

Newsdesk5 minutes read

Weekly Digest: U.S. Avoids Default, Eurozone Inflation Cooling

03/06/2023: U.S. Congress approves debt-limit suspension, Eurozone inflation falls to the lowest level since Russia’s invasion of Ukraine, BRICS foreign ministers meet in Cape Town as Putin arrest warrant looms. And more.

The German flag

Newsdesk4 minutes read

Weekly Digest: Germany in Recession, U.K. Inflation Drops to Single Digit

27/05/2023: Germany slips into a technical recession, U.K. inflation drops back below 10% in April, a U.S. recession could be “good news” for markets. And more.

20 and 50 euro banknotes with the EU flag in the background

Newsdesk4 minutes read

Weekly Digest: Eurozone Inflation Ticks Up, AI Profit Boom

20/05/2023: Eurozone inflation accelerates fueled by rising services and energy costs, Goldman strategists see a potential surge in profits driven by AI, gold price slides. And more.

13/05/2023: U.S inflation cools for the 10th straight month but price pressures remain, Yellen warns of “economic catastrophe”, the Bank of England raises rates in its battle with inflation. And more.

Newsdesk5 minutes read

Weekly Digest: U.S. Inflation Cools, Debt Ceiling Crisis

13/05/2023: U.S inflation cools for the 10th straight month but price pressures remain, Yellen warns of “economic catastrophe”, the Bank of England raises rates in its battle with inflation. And more.

The Kremlin tower on the Red Square in Moscow

Newsdesk4 minutes read

Weekly Digest: New Fed Rate Hike, Kremlin Drone Attack

06/05/2023: The Fed increases rates a quarter point and signals a potential end to hikes, Moscow says the U.S. is behind an alleged drone attack on the Kremlin, Europeans drain billions from banks to protect their savings. And more.

A hand holding disappearing U.S. dollar

Newsdesk5 minutes read

Weekly Digest: Investors Bet Against U.S. Dollar, Gold Firms

Gold goes up amid economic and banking uncertainty, billionaire investor Stanley Druckenmiller is shorting the U.S. dollar, the U.K. considers reforms of uninsured bank deposits after the SVB collapse. And more.

Bank of England building in London with the UK flag

Newsdesk4 minutes read

Weekly Digest: U.K. Double-Digit Inflation, Bank Job Cuts

22/04/2023: U.K. inflation stays at 10% as food prices keep soaring, big banks are cutting jobs to curb costs, Macron is facing turbulence over his drive to win China’s backing for Russia-Ukraine talks. And more.

Top secret written on a piece of paper

Newsdesk5 minutes read

Weekly Digest: Gold Rally, Top Secret U.S. Intel Leaked Online

15/04/2023: The gold price reaches a 1-year high amid rising economic worries, classified documents detailing U.S. and NATO plans on Ukraine have appeared on social media, Macron faces backlash over Taiwan comments. And more.

A blue suited man sitting on a gold bar

Newsdesk3 minutes read

Weekly Digest: Gold Eyes New Record, Banking Crisis Aftermath

08/04/2023: Gold hits a 13-month high and may be nearing a new record, JPMorgan CEO warns of banking crisis repercussions, Finland officially joins NATO. And more.