Rising energy and commodity prices resulting from Russia’s war in Ukraine are slowing Europe’s economic growth and increasing inflation. The European Commission on Monday lowered the eurozone growth forecast for 2022 down to 2.7% from a...
The negative economic effects from Russia’s invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries. The economic damage...
Europe’s days as Russia’s best customer for energy appear to be numbered. Moscow will need to find new markets if it is to remain an oil and gas superpower, but its options are limited. Russia...
Researchers have urged EU member countries to invest a lot more in chip design, with a view to becoming less dependent on China. Yet other parts of the value chain require more attention. When German...
Into the uncertainty over the implications of Omicron, the Federal Reserve Chairman injected a particularly hawkish signal into the mix in his testimony before the Senate. These are the two forces that are shaping market...
The United States has agreed to reduce tariffs on EU steel in return for a relaxation of countertariffs on US products, both sides said. Motorcycles, bourbon, peanut butter and jeans may get cheaper in the EU....
After a couple of sessions of taking on more risk, investors are taking a break today. Equities are mostly lower today after the S&P 500’s six-day advance took it almost to its record high, while the...
Less than a year since the EU and UK struck a post-Brexit deal, the sides are apparently preparing for a trade war. Tensions over the Northern Ireland Protocol have pushed things to the brink. The...
Ireland has long been seen as an outlier on corporation tax, particularly in the European Union. But suggestions it is willing to increase its rate comes as pressure mounts on Dublin to fall in line...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Europe is searching for direction and perhaps waiting for US leadership after...
The European Parliament has said it will not approve a multi-billion-euro investment deal with China until Beijing lifts tit-for-tat sanctions. The EU and China approved the pact in December 2020, after seven years of negotiations....
