The European economy is going to have a tough few years, if new forecasts are correct. Despite the European Central Bank (ECB) cutting interest rates […]
Category: Economy
What is the energy price cap and how are gas and electricity bills changing?
Another rise in gas and electricity bills has been confirmed for the new year, with energy regulator Ofgem announcing its latest price cap for January. […]
Russian economy in meltdown but ‘Putin can’t afford for Ukraine war to end’
The ruble is in freefall and food inflation is so high that butter is now “as valuable as gold” – but Russia’s war economy is […]
Vietnamese tycoon loses death row appeal over world’s biggest bank fraud
Vietnamese property tycoon Truong My Lan has lost her appeal against her death sentence for masterminding the world’s biggest bank fraud. The 68-year-old is now […]
Megaport opens up Latin America to Chinese trade as US looks on
As the world waits to see how the return of Donald Trump will reshape relations between Washington and Beijing, China has just taken decisive action […]
Spain looks to immigrants to drive economy
A group of Sub-Saharan African men are playing bingo in a conference room of a hotel near the northern Spanish city of León. They laugh […]
New US shipping rules target China’s Shein and Temu
The US has proposed rules that would hit many low-value shipments from China with new taxes – a measure aimed at curbing the flood of […]
Jobs report revisions stoke politics around US economy
Jobs growth in the US appears to have been weaker than previously understood last year, the Labor Department said Wednesday, an update that enflamed an […]
Tax windfall continues for Irish economy
The Irish government collected €12bn (£10.16bn) in corporation tax in the first half of 2024 – 15% more than the same period in 2023. Corporation […]
Have Milei’s first six months improved the Argentine economy?
When Javier Milei was campaigning last year to become the president of Argentina, he brandished a chainsaw to symbolise his determination to substantially cut public […]