Euro zone consumer confidence rises to -21.1 in May
(Reuters) – Euro zone consumer confidence rose by 0.9 points in May from the April number, figures released on Friday showed. The European Commission said …
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Euro zone April inflation revised down to 7.4%; still a record high
FRANKFURT – Euro zone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU’s statistics agency …
Euro zone Q1 GDP growth rate revised upward to end-2021 pace
BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing …
Euro zone business growth got boost from reopened services in April – PMI
LONDON – Business activity in the euro zone accelerated last month as the bloc’s dominant services industry took advantage of a further loosening of COVID-19 …
Lending to euro zone businesses slowed in early weeks of Ukraine war
FRANKFURT – Bank lending to euro zone businesses slowed in March, reinforcing expectations that Russia’s war in Ukraine would prompt both banks and corporations to …
Federal Firearms Charges Brought Against 6 Fresno Residents Arrested in Operation No Fly Zone
FRESNO, Calif. — A federal grand jury returned four indictments today against six Fresno residents as a result of Operation No Fly Zone that sought …
Morgan Stanley cuts euro zone GDP forecasts
LONDON – Morgan Stanley said on Monday it had revised down its economic growth forecasts for the euro area this year and the next, anticipating …
Euro zone March inflation revised slightly down, still at record
BRUSSELS – Euro zone inflation in March was marginally lower than earlier reported, the EU’s statistics office said on Thursday, but still at record highs …
All large euro zone banks can withstand Russian write-off, ECB says
FRANKFURT – All large euro zone banks can withstand a full write-off of their Russian exposure and still respect their capital requirements, the European Central …
Euro zone trade deficit extends to Feb as energy import burden rises
BRUSSELS – The euro zone suffered a trade deficit for a fourth consecutive month in February as surging energy prices led to a sharp increase …
Euro zone Feb production rebounds as expected on consumer goods
BRUSSELS – Euro zone industrial production rebounded as expected in February from a January slump thanks to stronger output of consumer goods, which offset declines …
Euro zone faces slower growth, higher prices as war hits: ECB poll
FRANKFURT – The euro zone economy faces slower economic growth and higher inflation as Russia’s invasion of Ukraine pushes up costs, disrupts trade and hits …
Euro zone banks to tighten corporate credit access on war fears: ECB
FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook …
Honduran special economic zone adopts bitcoin as legal tender
By Gustavo Palencia TEGUCIGALPA – A special economic zone on a tourist-centric island on Honduras’ Caribbean coast has adopted bitcoin and other cryptocurrencies as legal …
Euro zone investor morale slumps to lowest level since July 2020
BERLIN – Investor morale in the euro zone fell to its lowest level in nearly two years in April, a survey showed on Monday, pointing …
Euro zone March factory growth slumped, downturn possible -PMI
LONDON – Euro zone manufacturing growth slowed sharply last month as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a …
Euro zone growth barely positive in first half: ECB’s de Guindos
FRANKFURT – Euro zone growth will remain positive this year but the first half will be especially weak with barely any positive growth, European Central …
Euro zone sentiment plunges in March as Ukraine war scares consumers
BRUSSELS – Euro zone economic sentiment fell sharply in March, data showed on Wednesday, as Russia’s invasion of Ukraine sent consumer confidence plummeting and their …
Euro zone facing slower growth, higher inflation: ECB’s Lagarde
FRANKFURT – Europe is facing slower growth and higher inflation as the war in Ukraine is draining confidence and pushing up energy prices, European Central …
Ratings firm S&P Global cuts euro zone growth forecast to 3.3%
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher …
Euro zone consumer confidence falls to -18.7 in March
– Euro zone consumer confidence fell by 9.9 points in March from the February number, figures released on Wednesday showed. The European Commission said a …
Euro zone headed for robust growth despite Ukraine war: Lagarde
FRANKFURT – The euro zone economy is still set for robust growth this year, even if war in Ukraine is going to be a drag …
Euro zone industry output flat in sluggish start to 2022
BRUSSELS – Euro zone industrial production was unchanged in January from December, data showed on Tuesday, indicating a sluggish start to 2022 even before any …
Euro zone bond yields soar as ECB signal end to bond buys in Q3
By Yoruk Bahceli and Dhara Ranasinghe – Euro zone sovereign bond yields soared and the euro dipped on Thursday after the European Central Bank said …
Inside The War Zone: American Vet Grants Interview While Rescuing Babies From War-Torn Ukraine
Inside The War Zone: American Vet Grants Interview While Rescuing Babies From War-Torn Ukraine Samantha Renck on March 7, 2022 Bryan Stern, the co-founder of …
Euro zone investor morale plummets in March on Ukraine crisis
FRANKFURT – Investor morale in the euro zone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the …
Evacuation trains from war zone pour into Lviv in western Ukraine
By Andrew R.C. Marshall LVIV, Ukraine – Thousands of women and children, many weeping and numb with exhaustion, arrived in Lviv in western Ukraine on …
Euro zone January retail sales rise weaker than expected
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel …
Euro zone unemployment at record lows, producer prices show record jump y/y
BRUSSELS – Euro zone unemployment fell to record lows in January as the economy continued to rebound from the pandemic slump, but industrial producer prices …
Euro zone business growth accelerated in Feb as Omicron faded -PMI
LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a …
Cutting Russia off from SWIFT a “matter of days” -euro zone central banker
PARIS – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of …
Lending to euro zone households grows at fastest rate since late 2008
FRANKFURT – Growth in bank loans to euro zone households accelerated again last month, growing at the fastest pace since late 2008, European Central Bank …
Taiwan warns Chinese aircraft in its air defence zone
TAIPEI – Taiwan’s air force scrambled again on Thursday to warn away nine Chinese aircraft that entered its air defence zone, Taiwan’s defence ministry said, …
Russia’s move against Ukraine makes 2022 euro zone growth more uncertain -Commission
BRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even …
Euro zone consumer confidence falls to -8.8 points in February
– Euro zone consumer confidence fell by 0.3 points in February from the January number, figures released on Friday showed. The European Commission said a …
ECB warns about vulnerable property market in euro zone
FRANKFURT – The property market is a “key vulnerability” for euro zone banks as the rise of remote working since the pandemic dents demand for …
Surging housing costs boosting overall euro zone inflation: ECB
FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a …
Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says
FRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well …
EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view
By Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, …
Euro zone inflation could subside before becoming entrenched: Lagarde
FRANKFURT – Euro zone inflation risks are on the rise but price pressures could still subside before becoming entrenched in expectations, European Central Bank President …
Euro zone firms see wages rising by 3% or more, ECB says
FRANKFURT – Euro zone companies expect wages to rise by 3% or more this year as workers demand to be compensated for inflation and it …
Pennsylvania weed dealer charged with selling 25 pounds of pot in North Wildwood school zone
NORTH WILDWOOD, NJ – On Wednesday, February 2, 2022, at approximately 8:45 P.M., North Wildwood Police Department Detective Joseph Kopetsky located two abandoned suitcases in …
Euro zone business growth lost more momentum in Jan as Omicron hit demand
LONDON – Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to …
Euro zone factory growth accelerated in Jan as bottlenecks eased -PMI
LONDON – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and …
Tacoma man sentenced to two years in prison for early morning fire in ‘CHOP’ zone
Seattle –A former Seattle resident, who prior to his arrest resided in Tacoma, was sentenced today U.S. District Court in Seattle to two years in …