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... Read More
The central bank of France forecasts an increase by 1.6 percent annually to 2020 amid the steady... Read More
Japanese manufacturers’ confidence dropped this month, following a seven-month high in August. The s... Read More
Factory production in the eurozone fell in July for a second successive month, greater than the... Read More
China’s producer inflation subdued in August despite weakened domestic demand. It signals a slow s... Read More
On Sunday, Sweden had a poll whether to elect a new government because most of the analysts... Read More
The eurozone rose by 0.4 percent in the second quarter based on the report by the Eurostat... Read More
On Thursday, the Ifo economic institute announced its increased on 2018 economic growth outlook for... Read More
The resilient economy of Australia showed robust growth during the Apr-Jun quarter this year, along... Read More
Eurozone producer prices marginally increased higher than the forecast in July because of higher... Read More
UK manufacturers had a lackluster month after a couple of years while exports had an unusual... Read More
The Japanese manufacturing activity rose in August at a slightly quicker pace compared to the... Read More
The services sector in China gained momentum in August following a decline in the previous month,... Read More
According to reports of the Bank of England, the new credit lines for July reaches £0.817BN, which ... Read More
The central bank of Mexico adjusted lower their forecast for this year and the next, based on the... Read More
The American economy had increased its Q2 annual rate at 4.2 percent, according to the Commerce... Read More
The US consumer confidence rose in August, almost at an 18-year high with a boost from households... Read More
The New Zealand Institute of Economic Research (NZIER) decided to reduce its economic growth... Read More
French Finance Minister Bruno Le Maire told Turkish counterpart Berat Albayrak at a meeting on... Read More
The debt prices of the U.S. government dropped lower on Friday trading. The benchmark yield of the... Read More
According to Fed officials, the country’s economic expansion reflects the potential growth of the c... Read More
Japan’s manufacturing activity grew at a bit faster rate in August as the domestic demand increased ... Read More
The economic growth of Japan is getting better which is expected to reduce its huge stimulus... Read More
On Wednesday, Japan investigates the ministries about the reports on routinely overstating the... Read More
The U.S. consumer sentiment dropped to an 11-month low in August with rising concern on household... Read More
The survey issued on Monday showed the lowest decline of business leaders’ confidence towards the U... Read More
The annual inflation rate in the Eurozone rose to 2.1 percent in July, according to the European... Read More
Treasury and Finance Minister Berat Albayrak of Turkey had excluded controls on capital movement as... Read More
The inflation rate of Britain increased in July for the first time this year. Although there are... Read More
The American economy continues to have a booming retail sales and productivity exceeds its... Read More
Import costs of the U.S. were kept the same in July with the surge of fuel costs that balanced out... Read More