Economy
Macro-economic news: growth, inflation, indicators and central banks.
371 articles
Trump Tariffs on Brazil: Wood, Sugar Face 37.5% Levy; Coffee, Meat, Aircraft Spared
New US tariffs spare more than half of Brazilian exports, but targeted sectors like wood, sugar, and chemicals face up t...
UBS Report Reveals Wealth-per-Adult Gap: Europe's Average Lags US, but Median Tells a Different Story
The UBS Global Wealth Report 2026 shows US adults hold nearly double the average wealth of Western Europeans, but a deep...
Trump's Tariff Whack-a-Mole: How the US Keeps Taxes Flowing Despite Legal Setbacks
The White House instantly replaced expiring Section 122 tariffs with a permanent Section 301 mechanism targeting 60 coun...
UK-India Free Trade Deal to Slash Tariffs on 90% of Goods and Open Procurement Markets
The landmark agreement promises to boost trade, investment, and tech collaboration by removing tariffs on most goods, op...
Trump's 10-12.5% Tariffs on 60 Nations Over Forced Labour Spark Global Backlash
Washington imposes fresh 10-12.5% duties on 60 economies citing forced labour, triggering angry rebukes from allies and ...
Japan Issues Provisional Anti-Dumping Finding on Korean, Chinese Steel Sheet
The finance and trade ministries provisionally determined that hot-dip galvanized steel imports from South Korea and Chi...
Trump Imposes New Tariffs on 60 Nations Under Section 301, Citing Forced Labor
The U.S. will levy 10–12.5% duties on imports from 60 countries, including a 10% charge on EU goods, starting Friday, as...
Argentina’s Labour Market: 13 Applicants per Vacancy as Informal Work Reaches 44.2%
A Buenos Aires job fair drew 5,000 hopefuls for only 400 posts, mirroring Argentina’s struggle with 7.8% unemployment an...
PM Takaichi Vows to End ‘Excessive Austerity’ with ¥370 Trillion Investment Push
Prime Minister Sanae Takaichi pledged to break with Japan’s long era of fiscal tightness, announcing a new dedicated bud...
France's Pension Burden Hits 14% of GDP as Deficit Path Points to Retiree Tax Reckoning
With retirement spending topping €422 billion and a deficit projected to hit 2.4% of GDP by 2070, an official report arg...
Brazil's Tariff Relief for Exporters Is Just a Start, Analysts Warn as Fiscal Risks Mount
Government credit lifeline for companies hit by US tariffs draws praise but faces warnings over public debt and lack of ...
Germany’s Building Prices Climb 5% in May 2026, Housing Costs Up 90% Since 2010
Latest Destatis data reveals that construction costs for new residential buildings surged 5% year-on-year in May 2026, w...
Turkish Consumer Confidence Hits Three-Year High as Economic Optimism Surges
Turkey’s consumer confidence index climbed to 89.8 in July, its highest since May 2023, driven by a sharp rise in househ...
7% of German Full-Time Workers Log 49+ Hours a Week, Self-Employed Bear Brunt
New data from Destatis shows 7.1% of full-time employed people in Germany worked 'overlong' weeks in 2025. Self-employed...
ECB Chief Lagarde’s Unclear Future Adds to Policy Uncertainty as Inflation Stays High
ECB President Christine Lagarde has fueled speculation about a premature departure to join French politics, unsettling s...
Caputo Pushes Amnesty Overhaul to Lure ‘Mattress Dollars’ into Argentina’s Formal Economy
Economy Minister Luis Caputo sends to Congress amendments to the fiscal innocence law, softening penalties and extending...
Mexican Domestic Workers: Women Earn 14% Less Than Men, Only 2.5% Registered for Social Security
Women make up 90% of Mexico’s 2.5 million domestic workers but earn 14% less than men, and only 62,000 are registered wi...
Polish Tourism and Finance Confidence Soars in July as Core Industries Show Signs of Stabilization
Business sentiment data from GUS reveals record optimism in tourism and finance, while retail turned positive for the fi...
China Calls for EU Dialogue, Rejects Blame for Trade Imbalances
Beijing's top diplomat says Europe's economic woes don't stem from China, urging cooperation after France and Germany vo...
Pakistan Seeks $10 Billion FX Safety Net from US After Mediating Iran Talks
Islamabad has formally asked the US Treasury for a $10 billion bilateral exchange stabilization facility, aiming to shor...
UK Inflation Cools to 2.6% on Easing Energy Costs, BoE Rate Stance in Focus
Britain's consumer price inflation fell more than expected to 2.6% in June, helped by cheaper energy after a Middle East...
Colombia’s May Economic Growth Masks a Spending-Fueled Façade
Colombia’s ISE indicator rose 4.1% year-on-year in May, the strongest reading in nearly a year, but the expansion rests ...
Trump Threatens 50% Tariffs on Canada in Sharp Escalation of Trade Spat
The US president cited a never-used legal provision to target alcohol, autos and dairy, risking an open breach of the US...
Angola: Private Sector Drove 95% of 774,000 New Formal Jobs Since 2023
Angola created 774,000 formal jobs between January 2023 and June 2026, with 95% coming from the private sector, the econ...
U.S.-Mexico Trade Talks Advance as Canada Tariffs Deepen North American Rift
Washington and Mexico City push to revamp the USMCA while Ottawa faces fresh duties; the outcome will reshape $1.6 trill...
Bundesbank Pushes for Digital Euro and Capital Markets Union to Secure European Sovereignty
Bundesbank President calls for rapid progress on the digital euro and the savings and investments union, warning that Eu...
German Banks Tighten Lending Standards as Credit Risks Mount, Bundesbank Survey Shows
Germany’s banks tightened credit standards across all loan categories in Q2 2026, driven by rising credit risk and secto...
AI's Next Crisis: The Income Tax Collapse That Could Shake Governments
A Bloomberg analysis warns that automation of high-paying white-collar jobs by AI may hollow out income tax bases, forci...
Kuwait Central Bank Challenges UNCTAD's 2025 FDI Figures, Releases Official Data
The Central Bank of Kuwait says the UNCTAD World Investment Report 2026 uses preliminary estimates that don't reflect of...
Egyptian Pound Breaches 51 Again as Foreign Outflows and Geopolitical Tensions Weigh
The Egyptian pound surpassed 51 per dollar for the first time since the 2024 float, driven by $1.45 billion in foreign o...