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 total unemployment figures of France reduce in September based on the records from the Labour... Read More
The incoming prime minister of New Zealand, Jacinda Ardern noted on Tuesday that she intends to... Read More
The latest elections in New Zealand coupled with political risks created a major impact towards the... Read More
China is forecasted to exceed the annual growth of around 6.5 percent in the current year,... Read More
Majority of the business economists have predictions about the possible growth of the US economy by... Read More
The consumer price index of Singapore is anticipated to increase in the month of September which is... Read More
The strong economic development of China boosted the global economy that has been perking up on its... Read More
On October 26, the European Central Bank is scheduled to reduce their monthly asset purchases to 40... Read More
The American economy had a modest to moderate pace of expansion in September until earlier in... Read More
The appeal for an injunction to prevent the Bundesbank in participation to the asset purchase... Read More
According to the world’s leading economic think-tank, the reversing Brexit is expected to cause a p... Read More
The U.S. administration under Trump regime is aiming for a more levelheaded trade relationship with... Read More
The Italian cabinet approved the 2018 government budget worth 20 billion euros ($23.6 billion) with... Read More
The Chief Christine Lagarde of the International Monetary Fund described India to be moving in a... Read More
The government of Japan will disclose a public-private initiative amounting to $10 billion, its... Read More
The Chinese oil import was robust as supported by the crude oil prices according to traders. The... Read More
Finance Minister Bruno Le Maire is present in the conference with central bankers and Group of 20... Read More
The Canadian economic growth increased the estimated value until next year of the... Read More
The Gross Domestic Product (GDP) of India may decline to 7.0 percent for this year versus 8.6... Read More
On Tuesday, the comprehensive global economic growth is expected to remain this year until 2018,... Read More
A decline in the local dollar is anticipated as warned by the leader of the small nationalist party... Read More
Exports from Germany surpassed imports in August bringing the gap of the trade surplus wider and... Read More
The Office for National Statistics of UK further put pressure on the Bank of England over the issue... Read More
The German economy was able to conduct a reversal from the slackening summer with its most... Read More
China’s services expanded at the slowest rate in the since January 2016 as the market cools down r... Read More
The Italian bank, Monte dei Paschi intends to introduce a voluntary public offering to swap shares... Read More
The trade deficit in Canada expanded last month as exports declined for three straight months,... Read More
Policies for mortgage services have eased off their time requirements in communication which would... Read More
The growth of East Asia and Pacific (EAP) countries are improving this year, partly because of the... Read More
The services sector in Russia rose at the fastest rate in three months to September amid higher... Read More