By Johan Ahlander STOCKHOLM (Reuters) – Sweden’s economy entered recession in the third quarter, which contracted 0.3% from the previous one, as higher interest rates hit consumer spending and investments.…
HANOI (Reuters) – Vietnam’s parliament on Wednesday decided to further extend a reduction in value-added tax (VAT) on goods and services until the end of June 2024. The VAT cut…
FRANKFURT (Reuters) -Bank lending to businesses across the euro zone fell for the first time since 2015 last month, data from the European Central Bank (ECB) showed on Tuesday, as…
By Milounee Purohit and Devayani Sathyan BENGALURU (Reuters) – India’s economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand…
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met local and international bank officials…
BERLIN (Reuters) -Germany’s economy shrank slightly in the third quarter compared with the previous three months, data from its statistics office showed on Friday. The figure confirmed an initial estimate,…
BERLIN (Reuters) – The Organisation for Economic Cooperation and Development (OECD) warned on Thursday that Germany’s budget crisis, which has called into question billions of euros in planned spending, could…
BANGKOK (Reuters) – Thai Prime Minister Srettha Thavisin said on Thursday the country’s economy was in “crisis”, stressing the need to forge ahead with his controversial 500 billion baht ($14.23…
TOKYO (Reuters) – Japan’s government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending…
By Lefteris Papadimas ATHENS (Reuters) – Greece expects its economy to grow faster in 2024 on the back of strong projected tourist inflows, higher investment and domestic demand, the government’s…
‘Slow-Moving Train Wreck’: There’s A Powder Keg Inside The American Economy — And It Might Blow Up Will Kessler on November 19, 2023 The commercial real estate sector is facing…
BRASILIA (Reuters) -The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a booming…
A look at the day ahead in U.S. and global markets from Mike Dolan A cratering of oil prices and more signs of a cooling economy have seen Treasury yields…
Biden Admin Doubles Down On Climate Cooperation With China As Xi’s Economy Goes On Coal Binge Nick Pope on November 15, 2023 The Biden administration announced on Tuesday that it…
By Marco Aquino LIMA (Reuters) – Peru’s economy contracted for a fifth consecutive month in September, landing well below forecasts, but the country’s economy minister argues the downturn can be…
By Dawn Chmielewski, Danielle Broadway and Lisa Richwine LOS ANGELES (Reuters) – While Hollywood celebrates the end of strikes by writers and actors, the multibillion-dollar economic toll on everyone from…
BERLIN (Reuters) – The German economy is expected to shrink by 0.3% this year, as a loss in purchasing power due to high inflation and the tightening of financing conditions…
By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe’s top economy, the country’s second-largest fund manager said, singling out the market for…
ATHENS (Reuters) – Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund said on Tuesday. Growth…
EJ ANTONI: Janet Yellen Fiddles While America’s Economy Burns E.J. Antoni on November 10, 2023 America’s ruling class lives in a fantasy world. Treasury Secretary Janet Yellen recently said the…
BOGOTA (Reuters) – Colombia’s economy expanded 0.5% on a year-on-year basis in the third quarter, according to a Reuters poll on Friday, a slightly more optimistic figure than estimated by…
ROME (Reuters) – The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. In…
(Reuters) – Bank of America CEO Brian Moynihan on Wednesday reiterated his expectation of a soft landing for the U.S. economy, saying the lender was seeing a slowdown in consumer…
By Hari Kishan BENGALURU (Reuters) – The dollar’s recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who…
‘A Disconcerting Picture’: Reagan Economist Says Latest Jobs Numbers Spell Trouble For Economy Harold Hutchison on November 3, 2023 Former Reagan administration official Art Laffer said Friday that the latest…