The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Прочетете още
The Ficci's Economic Outlook Survey issued on Tuesday showed that the Indian economy would... Прочетете още
China’s economy has signs of cooling further amid the difficulty of U.S. trade tariffs while there a... Прочетете още
The American economy is expected to boost by 3.1 percent this year due to increase in government... Прочетете още
The Reserve Bank of New Zealand released the forecast of interest rates from a one-year record low... Прочетете още
The Gross Domestic Product (GDP) growth rate of the United Kingdom for the April- June quarter is... Прочетете още
With rising inflation at hand, the central bank needs to tighten the monetary policy little by... Прочетете още
The economic recovery of South Korea was restricted by the sluggish domestic demand despite the... Прочетете още
The industrial order of Germany plunged lower in June, as the biggest drop for almost a year and a... Прочетете още
Wages for workers in Japan had a significant increase in June due to the huge amount of summer... Прочетете още
New jobs of 157,00 were added in the previous month by the U.S. employers, lesser than anticipated,... Прочетете още
The economic report of Singapore for the second quarter of the year is expected to be release on... Прочетете още
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Прочетете още
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Прочетете още
According to a survey on Wednesday, stronger new orders and increased in output supported the... Прочетете още
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Прочетете още
The factory activity of South Korea declined for the fifth time in July and recorded as the worst... Прочетете още
The survey on top economists shows that experts are expecting for the Bank of England to lift its... Прочетете още
Indonesia’s annual inflation rate in July will probably rise slightly because of higher food costs a... Прочетете още
US Treasury Secretary Steven Mnuchin stated his growth outlook for the American economy, he... Прочетете още
U.S. economic advisor Larry Kudlow anticipates that the GDP for the second quarter will have a... Прочетете още
With the global uncertainty concerns, the European Central Bank is expected to have a... Прочетете още
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Прочетете още
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Прочетете още
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Прочетете още
The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Прочетете още
China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Прочетете още
Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Прочетете още
The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Прочетете още
The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Прочетете още
The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Прочетете още
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