Italy’s financial stocks tumbled, losing roughly €10 billion ($11 billion) from their combined market value after the government announced there would be a one-off windfall tax applied to bank profits…

Chief Economist of the Bank of England, Huw Pill has warned that even as the surging inflation which has crippled the British economy begins to slow, it is expected that…

In July, Chinese exports fell 14.5% compared to one year prior, adding still more pressure to the government to intervene to reverse the sagging economy. Exports dropped to $281.8 billion,…

Russian Minister of Economic Development Maksim Reshetnikov has announced that the Russian economy is now projected to grow by over 2%. Speaking with the TASS news service, Reshetnikov said the…

According to the latest data released by European statistical office Eurostat, an increasing number of Germans did not have enough money to eat meals which included meat, fish, poultry, or…

On Sunday, the Guardian reported that as British households have been struggling under the growing cost of living crisis, consumers have increasingly turning to borrowing, according to new data released…

In Austria, the Federation of Austrian Industries warned last week that Austrian businesses should prepare for a recession sometime this year, and that economic growth will not return until next…

On Monday, Italy’s national statistics bureau ISTAT revealed the nation’s economy underperformed expectations for the second quarter of 2023. The nation’s gross domestic product (GDP) fell by 0.3% compared to…

A new survey released Monday showed that in July, Chinese factory activity contracted due to a reduction in export orders, adding to the pressures the Communist government is feeling to…

The Russian MOEX index, based on the ruble, soared above 3,000 points on Friday, hitting the highest level it has seen since the day before the beginning of the Russian…