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... Více
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Více
A couple of years later the negative growth in the economy of Venezuela continues which brought... Více
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Více
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Více
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Více
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Více
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Více
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Více
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Více
Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... Více
European stocks finally ended its rallying streak and dropped significantly for the first time in... Více
Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... Více
Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... Více
Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Více
The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Více
Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Více
The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Více
The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... Více
The economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... Více
The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... Více
The European Commission (EC) projected that the British economy will have a large decline for the... Více
Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... Více
Producer price inflation in China has reached figures higher than expected bringing the price close... Více
The European Central has been accused of altering the Euro exchange rate and this is being negated... Více
Asian stocks rallied across the globe as investors anticipated the release of data which will... Více
The newly-elected president of Germany is Frank-Walter Steinmeier, he’s known to be the country’s fo... Více
The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it... Více
The Members of the British parliament approved the Article 50 which gives power to the government... Více
The USD traded within its session highs following Trump’s statement that his administration will s... Více
Bank of England external MPC member, Kristin Forbes have plans to push for an interest rate hike in... Více
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