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... Baca Lagi
Saudi Arabia's Energy Minister Abdulaziz bin Salman said that oil has lost its importance as the... Baca Lagi
Inflation in Germany in December 2024, calculated according to EU standards, was 2.8% year-on-year,... Baca Lagi
Bitcoin continues to hold near the psychological mark of $100,000. Its rapid intraday growth was... Baca Lagi
The price of gold reached its highest level in the last month during trading in Asia on Thursday.... Baca Lagi
US President Biden summed up the results of his presidency. In his statement, the Democrat noted... Baca Lagi
December data on a slowdown in inflation in the UK led traders to predict a further reduction in... Baca Lagi
The German economy contracted for the second year in a row, remaining the weakest among the... Baca Lagi
French Prime Minister Francois Bayrou expressed his readiness to review the pension reform in order... Baca Lagi
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts... Baca Lagi
Damage from fires in California continues to grow and may reach $275 billion. Damage estimates are... Baca Lagi
Chinese state-owned oil corporations, as well as large private refiners, are actively buying up oil... Baca Lagi
The yield on Japan's 40-year government bonds has reached a record high since they entered the... Baca Lagi
Gas prices in Europe increased by 6.5% during trading, reaching $509 per thousand cubic meters,... Baca Lagi
On Tuesday, the Indian rupee hit a record low, under pressure from high demand for the dollar. This... Baca Lagi
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten... Baca Lagi
OpenAI management is organizing events in Washington and two key U.S. states to strengthen support... Baca Lagi
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its... Baca Lagi
Asian stock markets have fallen for the fourth consecutive session amid weakening expectations for... Baca Lagi
The global oil market expected an oversupply and stable prices in 2025, but new US sanctions... Baca Lagi
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey... Baca Lagi
The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK... Baca Lagi
Shares of Generac Holdings Inc. rose 1.7% in the pre-trading session on Friday amid the devastating... Baca Lagi
Oil prices showed steady growth on Friday, with Brent quotes exceeding $79 per barrel for the first... Baca Lagi
The People's Bank of China announced the suspension of purchases of government bonds to limit... Baca Lagi
Japan is strengthening sanctions against Russia. The country has included 11 people, 51 companies... Baca Lagi
US President-elect Donald Trump is showing serious interest in acquiring Greenland, seeing this as... Baca Lagi
Norwegian oil and gas companies delivered record volumes of natural gas in 2024 and intend to... Baca Lagi
Denmark admits the possibility of granting Greenland independence amid pressure from Trump.... Baca Lagi
eBay shares jumped 4.7% after announcing a partnership with Meta Platforms Inc. which will... Baca Lagi
Christopher Waller, a member of the Fed's Board of Governors, expressed confidence that inflation... Baca Lagi
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