Morten Wierod, the Chief Executive Officer of ABB, the Swiss-Swedish multinational industrial technology giant, has warned that Europe could face mass unemployment unless it urgently deregulates...
A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
The US economy recorded strong growth in July, August, and September, supported by steady consumer spending, particularly in healthcare services. According to a statement made by...
The IMF is advising the German government to follow a completely new course. To close the deficits in the budget, the monetary fund is also calling...
While the consumer spending share of poor Americans declines and layoffs intensify, the ultra-rich are experiencing an unprecedented increase in wealth. A new report from Oxfam...
Germany’s leading institutes expect a slight recovery in the German economy in 2026 at the earliest, but even this will come at a heavy price. Signs...
The long-awaited economic slowdown for the US economy has already begun for poorer Americans. Higher-income consumers account for a large portion of the spending that remained...
German industry has experienced one of its most significant declines in the last year. German industrial production fell by 1.9% in June compared to the previous...
Following tariff impositions, Wall Street experienced a significant collapse, with $2.5 trillion evaporating from the market. US President Donald Trump’s recent tariff policies, aimed at reshaping...
European stocks have outperformed the US in the month since President Donald Trump’s inauguration, while hopes that the region can avoid a trade war have also...