Revised data from the UK Office for National Statistics (ONS) showed the British economy suffered its largest contraction in 300 years when the pandemic hit in 2020, falling by 11%.…

The savings of Germans, built up over the last two years, has been largely depleted by inflation, a new report from Munich-based IFO Economic Institute shows. The report says that…

According to S&P Global data, for the first time in a year and a half, France’s economic output is declining, following in the steps of Germany. S&P Global tracked a…

According to official data released Friday, the world’s second biggest importer of gold, India, has increased imports by 6.4% from April to July, taking delivery on more than $12.9 billion…

As Europe’s economy strains under sky-high energy prices, energy rationing, and record inflation, purchasing managers indexes which will come out Tuesday will probably add more evidence indicating the 19-nation euro…

According to data released by the country’s central bank, Russia’s foreign holdings continue to grow, reaching $580.6 billion as of August 12th. Russia has been building up its international reserves…

In Europe, gas prices continue to rise as heatwaves sweep across the continent, and gas shortages arise as nations desperately try to outbid each other to try to fill up…

Data from the Office for National Statistics (ONS) showed that in the UK consumer prices rose 10.1% in July year over year, beating the bank’s prediction of a 9.9% increase.…

British consumer confidence hit record lows in August due to inflation driving the cost of living to unprecedented highs. The official measure of consumer confidence dropped to minus 44 in…

China’s real estate crisis took one more step toward the abyss this week, as new numbers showed property investment dropping, new construction slowing to a crawl, and foreign analysts showed…