Economy

Breadcrumb linksBMN BusinessBusiness activity in the euro zone unexpectedly contracted this month, raising concerns about the outlook for the European economy and suggesting that the European Central Bank will need to be more aggressive…

Donald Trump's proposals to impose hefty tariffs on goods entering the US could deal a £20bn blow to the UK economy, analysts have warned. The president-elect's plan to impose 60% tariffs on Chinese products sold to US companies,…

Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he…

Breadcrumb linksBMN BusinessDonald Trump's decisive victory in the US presidential elections has already made world leaders prepare for how his next administration will shape the global economy.Article writer:Bloomberg NewsMolly…

The UK economy has been mired in low growth rates for years, a problem that has worsened since the 2008 global financial crisis. Despite some short-lived recoveries, average annual growth has remained persistently weak, leading to…

In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President's impeachment case. After Parliament's approval, the…

In his weekly poll, Alex Zabiginski, chief economist at investment house Mitav, paints a positive picture of the Israeli economy, which contradicts recent negative assessments. He writes that the “wisdom of crowds” in…

Breadcrumb linksBMN BusinessThe European Central Bank has cut interest rates for the third time this year as a rapid decline in inflation allows policymakers to provide support to the region's faltering economy.Article writer:Bloomberg…

This is the takeaway from today's morning briefing, and what you can do subscription Received in your inbox every morning with:The bullish euphoria that came from the prospect of a quick return to neutral interest rates after the Fed's…

Australian jobs numbers for September were mostly in the green, with the economy reporting a much faster pace of hiring for the month at 64.1k versus an expected increase of 25.2k. This was enough to keep the unemployment rate at 4.1%…