European economy

JThe idea should be too obvious to need repeating. But Labor is notorious for ignoring the inconvenient truths of economic management. Keir Starmer was therefore right to assert, in his speech to the Liverpool Labor Party, that the top…

US GDP fell 0.9% in the second quarter for a second consecutive declineUS Treasury Yields Fall, Dollar RisesWall Street rises, European stocks close higherNEW YORK, July 28 (Reuters) - Wall Street stocks rallied on Thursday, while Treasury…

Dark and more uncertain A tepid recovery in 2021 was followed by increasingly bleak developments in 2022 as risks began to materialize. Global output…

Russia will cut gas supplies through its largest gas pipeline to Germany to just a fifth of capacity later this week, threatening to leave the continent short of critical supplies ahead of winter.State energy group Gazprom said it…

Although not attracting much attention from the Western media, a financial crisis is developing in China, which could eventually lead to the collapse of the Chinese economy, and either the end of the rule by the Communist…

Russia has cut gas supplies to several European countries, deepening the energy crisis the continent was already facing before the war began in Ukraine.Now, as winter approaches and major gas pipelines remain out of service, European…

Reuters July 19, 2022, 3:15 p.m. Last modification: July 19, 2022, 3:18 PM The…

Comment this storyCommentThe Federal Reserve's interest rate hikes have propelled the US dollar to its highest level in decades, giving American tourists bargains in Europe and Asia, putting goods imported at home on sale and squeezing the…

Investors are demanding a higher premium for holding Italian debt after Prime Minister Mario Draghi offered to resign in response to a major rift with a key voter in his cross-party national unity government.Draghi's resignation was…

Breadcrumb Links PMN Company Author of the article: Reuters Guillaume Schomberg Content of the article LONDON — Britain's next prime minister cannot count on promises of tax cuts to tackle the country's…

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado RuvicJoin now for FREE unlimited access to Reuters.comRegisterHONG KONG, July 11 (Reuters) - The dollar was at the forefront at the start of a…

The Uniper logo is seen at the company's headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang RattayJoin now for FREE unlimited access to Reuters.comRegisterBERLIN, July 9 (Reuters) - Uniper's (UN01.DE) majority shareholder,…

It's not a summer heat wave that has European leaders and businesses sweating. There are fears that Russia's manipulation of natural gas supplies could lead to an economic and political crisis next winter. Or, in the…

An Oil and Natural Gas Corp (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India February 10, 2016. REUTERS/Amit DaveJoin now for FREE unlimited access to Reuters.comRegisterLONDON, July 4…

PRAGUE (AP) — The executive arm of the European Union pledged on Friday to draw up a contingency plan this month aimed at helping member countries move away from Russian energy in the wake of the war. Kremlin in Ukraine.European Commission…

GDP in the first quarter fell by 1.6%Consumer spending growth has slowed; lifted stocksBusiness capital expenditure revised upwardsWASHINGTON, June 29 (Reuters) - The U.S. economy contracted slightly more than expected in the first quarter…

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterLONDON, June 27 (Reuters) - Investors sold oil last week at the…

Russian missiles hit central KyivOfficials say the kindergarten and building were hitUkraine loses key city to pro-Russian forcesG7 countries announce Russian gold ban at start of summitIndonesia calls for peace talksKYIV/POKROVSK, Ukraine,…

EU proposals to halve pesticide use by 2030 — part of its ambitious agenda Farm-to-fork strategy — will finally be presented in Brussels on Wednesday 22 June. The regulation on the sustainable use of pesticides, which is due to be published…

BERLIN — Germany will restart coal-fired power plants and offer incentives for companies to reduce their consumption of natural gas, marking a new stage in the economic war between Europe and Russia.Berlin unveiled the measures on Sunday…

The European Commission has recommended Ukraine candidate status for EU membership. Ursula von der Leyen, chair of the commission, said on Friday that the EU executive believes Ukraine should be granted status provided it continues to carry…

The European Central Bank said it had decided to accelerate the development of a new "anti-fragmentation" device after its emergency meeting on Wednesday, but provided few details. "The pandemic has left lasting vulnerabilities in the euro…

This weekly roundup brings you some of the top environmental stories from the past seven days. Headlines: Fiji Defense Minister warns climate change is biggest security threat; Malala joins Friday climate protests;…

Ukraine hopes that joining the EU's common customs and payment areas will be the next step on the country's path to European integration. Ukrainian Prime Minister Denys Shmyhal said this during a meeting with…

June 9, 2022 | Press Releases…

In a report published by the Austrian National Bank (OeNB), the organization tries to estimate to what extent the Austrian economy will be damaged by the planned embargoes on Russian oil and petroleum products and how inflation in…

The rapidly changing environment not only requires the European energy system to adapt, but also to find the right mechanisms to ensure its unity in the face of turbulent challenges. In March 2022, European solidarity translated into…

There is an African saying that when elephants fight, the grass is trampled. The weak are hurt whenever the powerful struggle. They never asked for the conflict in the first place. Coming back from the Emerging Markets Forum in…

Andrea Enria attends a debate with the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium, September 26, 2016. REUTERS/Yves HermanJoin now for FREE unlimited access to Reuters.comRegisterTRENTO, Italy, June 3…

All three Wall Street indices end lowerOil prices firm upDollar index gainsBenchmark 10-year bonds hit all-time highsSafe Haven Gold Gains GroundNEW YORK, June 1 (Reuters) - Global stocks tumbled and the U.S. dollar rose on Wednesday after…

If the EU is to generate more than half a trillion dollars in hydrogen investment over the next decades, it will need to get investors on board. The European Investment Bank has polled financiers to find out what they want. May 31, 2022…

Vietnam was one of the few countries whose the economy grew during the coronavirus pandemic in 2020. Many say it was due to a rigorous action by the government and a zero COVID strategy that has long kept case numbers low. However, in the…

Melnichenko ceded control of coal and fertilizer companies to his wifeThe sale took place the day before the EU imposed sanctions on himAsset transfers fuel doubts about the effectiveness of sanctionsISTANBUL/BRUSSELS, May 27 (Reuters) -…

German Economy and Climate Protection Minister Robert Habeck speaks during a panel discussion at the 2022 World Economic Forum (WEF) in the alpine resort of Davos, Switzerland May 23, 2022. REUTERS /Arnd WiegmannJoin now for FREE unlimited…

There has been a twist in the Kylian Mbappe saga, with La Liga releasing a statement announcing that they will file a complaint against Paris Saint-Germain over their new contract offer to the Frenchman.Mbappe has now officially committed…

Pump jacks work at sunset in an oil field in Midland, Texas, U.S., August 22, 2018. REUTERS/Nick OxfordJoin now for FREE unlimited access to Reuters.comRegisterLONDON, May 20 (Reuters) - Oil prices stabilized on Friday, putting them on…

By JOSH BOAK, Associated PressWASHINGTON (AP) — As President Joe Biden sets sail for Asia on Thursday, he faces a new risk at home to the economy and his Democratic Party: a global slowdown caused by Russia's invasion of Ukraine and the…

NEW YORK, May 16 (Reuters) - U.S. stocks closed weakly on Monday as downbeat data from China and New York state raised fears of recession, but US yields 10-year Treasuries remaining firmly below 3% boosted hopes that the Federal Reserve…

The conflict in Ukraine has had significant negative consequences for all economies in the world. The key link in the transmission process was the economic war against Russia which was initiated by the United States and its "allies"…

Stalled talks over Iran's nuclear program have been unblocked after fresh talks in Tehran, EU foreign policy chief Josep Borrell said on Friday, adding he believed a final deal was within reach. . Borrell said a mission by EU envoy Enrique…

Rebuilding Ukraine will cost trillions of euros - EU's biggest bankerEIB Managing Director Hoyer calls for a Marshall-style plan for UkraineUrges West and his banks to guarantee Ukraine's financesBRUSSELS, May 11 (Reuters) - A top European…

Qatari Emir Sheikh Tamim bin Hamad al-Thani meets with German Economy Minister Robert Habeck in Doha, Qatar March 20, 2022. Amiri Diwan/Handout via REUTERS Join now for FREE unlimited access to Reuters.comRegisterThe two parties disagree…

As governments slowly chain the crypto industry with regulations and obligations, Portugal is increasingly isolated in Europe – a place with few rules that investors describe as a crypto haven. "You don't have to do anything else because…

Irchad Razaaly Mr. Irchad Razaaly, Ambassador of the European Union (EU) to Ghana, said Ghana's economy is “rebounding” despite the current economic difficulties. Speaking at a breakfast with editors in Accra on!-->!-->…

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A year after Russia annexed Crimea in 2014, former Italian Prime Minister Silvio Berlusconi traveled to the peninsula to visit Vladimir Putin. The two drank a 240-year-old bottle of wine from a Crimean winery prized by kyiv as a…

The European Union is finally seriously considering banning Russian oil, but the costs could be heavy. The bloc has become heavily dependent on Russian energy and…

Russia steps up offensive against eastern UkraineUS says Russia is planning fake independence votes in occupied areasBiden seeks $33 billion in military and economic aid for KyivMoscow to Kyiv Nato supporters: 'Don't test our…

The European Union channels its internal interests Jimmy Carter (or, as the French would say, "Jimmy Carter"). Like reported by The hill“The European Union is encouraging its citizens to work from home, use public transport and turn off…

How much has US economic growth slowed? The United States is expected to report that economic growth slowed significantly in the first quarter, mainly due to a reversal of the unexpected boom in inventory accumulation from the…

France goes to the polls on Sunday April 24 for the second and final round of the presidential election. As Emmanuel Macron looks likely to win a second term, rival candidate Marine Le Pen of the far-right…

Euro area final harmonized inflation and Business the results of the confidence survey in France are the main statistical reports expected on Thursday.At 2:45 a.m. ET, the French statistical office publishes the…

At the end of March, the European Commission (Commission) present the Sustainable Products Initiative (SPI) as part of a "Circular Economy Package I", as well as a Sustainable Textiles Strategy, and proposals for a new…

Did Covid kill a budget vacation? British families have to pay over £1,000 to get to popular European hotspots as airlines take advantage of post-lockdown demandUK families have to pay over £1,000 to get to European hotspots…

British Prime Minister Johnson (left) discussed military and economic aid with Ukrainian President Volodymyr Zelensky in kyiv, Ukraine on Saturday. Photo by Ukrainian Presidential Press Service/Telegram April 9…

Could the world be heading for another recession? As the global economy recovers from the COVID-19 pandemic, a growing list of risks is clouding the economic outlook - although most economists still think a recession this year is relatively…

FRANKFURT, April 6 (Reuters) - Growth rates in the eurozone could dip into negative territory this year and the European Central Bank's tightening policy to bring down near-term high inflation is likely to drag the economy," said Fabio…

Today, in the connected economy, Off-White becomes the latest clothing brand to accept cryptocurrency and stablecoin payments, while banking solutions company Cashfree Payments launches a new verification tool as part of its Know Your…

How can this nightmare end?From the dark bomb shelters of Mariupol to the airy corridors of NATO, the issue is no less urgent or clearer than when Russian forces invaded Ukraine on February 24. Moscow's announcement on Tuesday…

Christine Lagarde, President of the European Central Bank.Daniel Roland | AFP | Getty ImagesThe cost of living hit a new high in the euro zone last month, raising new questions about how the European Central Bank can stabilize such a…

More than £4bn has been wiped from the collective market value of UK-listed asset managers since the start of the year, amid concerns over slowing economic growth and a tough outlook for flows of retail funds contributing to!-- >…

A survey by UK site Takepayments named Athens the fourth best European city for!-->…

LONDON, March 25 (Reuters) - The world may be less dependent on oil today than it was during the energy shocks of the 1970s, but the conflict in Ukraine is stark proof of a stubborn thirst which can further disrupt economies, confuse…

Num debat com o presidente do Conselho Europeu, Charles Michel, ao presidente da Comissão, Ursula von der Leyen, sobre a cimeira informal de Versalhes (10-11 March) aa próxima reunião do Conselho Europeu (24-25 March), os eurodeputados…

Last week, Eurostat, the statistical agency of the European Union, published a revised estimate the February inflation rate in the euro zone. It was not a happy report: consumer prices rose 5.9% from a year earlier, more than most analysts…

With the Russian government's announcement on March 14 to temporarily suspend exports of wheat, rye, barley and maize abroad, a number of importing African countries are experiencing rising prices. The Russian government's…

EU CORONAVIRUS RESPONSE HEALTH ECONOMY NOTextGenerationEU: the Commission receives a request for payment from Croatia for €700 million under the Recovery and Resilience Facility - Noon Express Prampant crisis and…

Russia's unprovoked invasion of Ukraine has caused Europe to fundamentally rethink how it keeps its lights on and its industries fueled. Steps that would have seemed crazy just a few weeks ago – burning more coal or stepping up government…

Hello and welcome to our ongoing coverage of the global economy, financial markets, eurozone and business. The UK economy returned to growth as the economic damage caused by the Omicron variant receded. UK GDP rose 0.8% in January,…

Russia has threatened to cut off natural gas supplies to Europe via the Nord Stream 1 gas pipeline as part of its response to sanctions imposed following the invasion of Ukraine, a move that could worsen turmoil on the energy markets and…

Efforts to decimate the Russian economy in order to punish Moscow for its invasion of Ukraine could have serious and unpredictable implications for the United States and its allies.Russia's economy began to collapse after the United States,…

Jerome H. Powell, the chairman of the Federal Reserve, testified on Capitol Hill this week.Credit...TJ Kirkpatrick for The New York TimesIt is already clear that the Federal Reserve is poised to raise interest rates by a quarter point this…

Oil rose above the $100 mark and Asian stocks sold off on Wednesday after Russia stepped up its attacks on Ukraine's biggest cities and adopted more aggressive tactics. Brent crude, the international benchmark, rose 4.4% to a seven-year…

While Russia is likely to move closer to China to make up for the loss of goods and services it would normally get from the West, Smith said, "they are also betting that their huge energy supplies will…

We, the leaders of the European Commission, France, Germany, Italy, the United Kingdom, Canada and the United States, condemn Putin's war of choice and the attacks on the nation and the sovereign people of Ukraine. We support…

UKRANIAN RAILWAYS TRAIN 749 - We boarded the train heading for Lviv in the northwest corner of Ukraine, near the Polish border and the NATO front lines, expecting us at the find it crowded with people fleeing from a feared Russian…

This weekend at Munich Security Conference, which I attended, American and European officials sang the song of "unity" again and again. The verses come from Vice President Harris and Secretary of State Antoine Blinkenas well as NATO…

Europe's fragmented single market is like an obstacle course, relegating the region's businesses to second place in the global race for growth.The failure to harmonize rules within the trading bloc has allowed US companies to take…

Wars and natural disasters have always forced people to cross political borders in search of safety and a better life. But whether they are welcomed when they arrive at their destination depends on a confluence of…

President Joe Biden arrives to deliver a speech on the situation with Russia and Ukraine in the East Room of the White House on February 15. (Alex Wong/Getty Images)US Commerce Secretary Gina Raimondo said President Biden told her the…

An easing of Covid-19 restrictions led to an increase in consumer spending and a rebound in the Japanese economy in the last three months of 2021, although the rebound was less strong than in the United States or Europe .Japan's gross…

Scholarship next week: Global stock markets, including India's stock market, came under selling fire after year-on-year US inflation hit its highest level in the past four decades. On Thursday after the RBI policy, it looked…

gHello. There's some (must-have) positive data to start your Friday, after the latest GDP figures showed the UK economy recorded its strongest growth since World War II last year. GDP grew by 7.5% in 2021 – the biggest increase in 80…

Impacts of textiles and the role of design and circular business models The AEE briefing "Textiles and the environment: the role of design in the European circular economy" provides updated estimates of textile life cycle…

August 9, 2021 Through Sting's team This article was written by one of our guest editors, Mr. Aaron Gates-Lincoln, editor for Immigration News. The views expressed reflect the views of the author only and not The European Sting's position…

PARIS — The showdown with Russia over Ukraine is entering a critical phase this week. The United States caught NATO's eye and moved its forces east. Moscow has prepared even more forces on the Ukrainian border. But under these tensions,…

SAN FRANCISCO— As much as China and the International Olympic Committee have pushed for the Olympics to be a neutral event, political controversy and boycotts of the Beijing 2022 Winter Olympics began months before Friday's opening…

Due to a favorable European regulatory framework, institutional landlords, such as private equity firms and pension funds, are increasingly buying homes in European cities, sparking fears of rising rents and inequitable…

We argued that one of the key market questions for 2022 will be whether the Fed can engineer a soft landing for the economy – policy tightening to rein in inflation and bring growth back to trend without risking a recession.It obviously…

Dollar nears 18-month highSpot gold could test resistance at $1,803/oz - technical dataPalladium expected to post its best monthly gain since February 2008Jan 31 (Reuters) - Gold prices fell on Monday and were expected to see their biggest…

This is something few would want to see happen and efforts continue to prevent it. But as the Russian-Ukrainian crisis continues and escalates, questions are beginning to arise about what an invasion could mean for Ireland, and more…

The Kremlin said there was "little cause for optimism" in resolving the Ukraine crisis after the United States rejected key Russian demands, but that dialogue was still possible. Relations between Russia and the West are at their lowest…

The gig economy has created some of the fastest growing tech companies over the past decade. Uber, Deliveroo, Bolt, Cabify and Glovo have all benefited from using freelance couriers and drivers to grow their networks, without…

The Omicron variant has driven UK business growth to its lowest level since the shutdowns nearly a year ago. UK retail activity fell to an 11-month low in January, led by a slowdown in the services sector, according to a closely…

Sierra Leone Telegraph: 22 January 2022: The EU Ambassador to Sierra Leone - Manuel Müller and the Head of Cooperation, Gerald Hatler, presented the European Union - Sierra Leone Cooperation Strategy 2021-2027 to the Minister of…

A number of Spain's CEOs have expressed concern over the fair and appropriate management of EU financial resources to help mitigate the impact of the COVID-19 crisis on the country's struggling economy, the report said.…

I'm going to start by sending my best wishes to everyone for the new year. Today we paid tribute to the recent death of the President of the European Parliament, David Sassoli. We then welcomed the…

The Federal Reserve Building in Washington on September 17, 2019. Chances are, in retrospect, we will consider the economic handling of the past two years of the coronavirus pandemic a political triumph, despite soaring inflation,…

House prices across Europe have risen to record highs over the past year, with prices in Ireland among the biggest increases.Figures from Eurostat show that housing costs in European countries jumped 8.8% in the third quarter of 2021…