U.K. Unemployment Remains Near Pandemic-Era Highs
The headline rate of unemployment was 5.1% in September through November, higher than expected by economists polled by The Wall […]
Finance
Chinese Policymakers Look Focused on Domestic Demand to Lift Economy
Senior state planners are formulating a five year plan to lift domestic demand, acknowledging that the world’s second-largest economy currently
President Trump’s bid to annex Greenland and unleash tariffs on several European nations has plunged the trans-Atlantic alliance into crisis. If a trade war breaks out, the U.S. could feel the pain.
Europe is the U.S.’s biggest trading partner, largest investor and closest financial ally. Source link
Eurozone Finance Ministers Back Croatia’s Vujcic as Next ECB Vice President
Boris Vujcic, governor of Croatia’s central bank, was nominated as the next vice president of the European Central Bank, the
Canada Inflation Accelerates to 2.4% in December
Inflation quickened in the final month of last year despite a drop in prices at the pump, largely due to
Americans, not foreigners, are bearing almost the entire cost of U.S. tariffs, according to new research
New research contradicts President Trump’s claim that foreigners are footing the bill. Source link
EU’s Retaliatory Tariffs on U.S. Goods Could Kick in Feb. 7, Official Says
The EU could implement a currently suspended package of tariffs on some $108 billion of U.S. goods a year. Source
IMF Sees Stronger Growth, But Sounds Warning On Higher Tariffs And AI Correction
The global economy is set to grow more rapidly than previously expected this year, but could falter if trade barriers
U.K. House Prices See Record January Jump as Post-Budget Uncertainty Fades
Average asking prices rose 2.8%, according to data from property website Rightmove, suggesting market sentiment is rebounding following the volatility
A surge in exports powered China’s growth last year, defying expectations that a trade war with the U.S. would hobble the world’s second-biggest economy
Momentum slowed recently, with investment falling and consumption moderating. Source link