Global forces shake up France’s cognac industry
France’s cognac industry, a cornerstone of the country’s export economy, is under unprecedented pressure from both international trade disputes and the accelerating impacts of climate [more…]
Category: European Union
Global markets recoil as trade tensions deepen, recession fears intensify
Global markets were thrown into disarray Monday morning as deepening U.S.-China trade tensions sparked a sweeping selloff across Asia and beyond. President Donald Trump’s unwavering [more…]
Ireland’s exports surge, led by pharma and US demand
Your support powers our stories Ireland’s export sector soared to unprecedented heights in 2024, with the Central Statistics Office (CSO) reporting that exports reached an [more…]
Powell leads Fed in bold rate cut to counter labor market slowdown
In a move reminiscent of the financial turbulence of 2008, the Federal Reserve pulled the trigger on its first interest rate cut since the COVID [more…]
Sweden’s Riksbank cuts rates again amid economic slump
In the ever-turbulent waters of global finance, Sweden’s central bank has taken another plunge, trimming its key interest rate to 3.5%. This marks the second [more…]
S&P Global sounds the debt alarm
In a not-so-surprising twist, S&P Global has painted a rather grim picture for the future of debt levels in major economies, including the United States, [more…]
Sweden’s central bank cuts interest rate to 3.75% as economy struggles, signals further easing ahead
In a move widely anticipated by financial markets, Sweden’s central bank announced a reduction in its key interest rate from 4.00% to 3.75% on Wednesday. [more…]
Surprise drop in French inflation signals potential ECB rate cut
Consumer prices in France took a surprising dip, offering a welcome respite to wallets feeling the strain. The French statistical office INSEE confirmed that annual [more…]
Eurozone manufacturing sector experiencing prolonged period of decline
Eurozone manufacturing activity continued to face a significant and widespread downturn in the past month. The latest survey, released on Monday, indicates that demand has [more…]
The European Central Bank increases key interest rates to a record high, suggesting it could be sufficient to address inflation while leaving the door open for possible future hikes
The European Central Bank (ECB) has raised interest rates by a quarter percentage point to a record high, marking its 10th consecutive rate hike, despite [more…]
