An analysis of UK inflation data showed a sharp increase in the service sector. The main reasons were the increase in the road tax and the dates of Easter celebrations. According to forecasts, this growth is temporary: service sector inflation, which reached 5.4% in April, will drop to 4.5% this summer, in line with the Bank of England's plans to cut rates through 2026.About half of the increase in inflation is due to the change in the road tax, the effect of which will disappear from the annual... Read More
European Commissioner for Energy Dan Jorgensen stressed that the dialogue between Russia and the... Read More
The European Union has decided to postpone discussions on future sanctions against Russia with... Read More
Adriana Kugler, head of the Federal Reserve System, expressed the opinion that the tariff policy... Read More
In April, gold inflows into global ETF funds showed an impressive increase of $11.2 billion,... Read More
Gasoline prices in the United States rose above the $2.10 per gallon mark, which was their highest... Read More
As a result of negotiations in Switzerland, the U.S. and China have reached an agreement to... Read More
US-China talks show «significant progress». Regular negotiations on de-escalation of the d... Read More
Suddenly, the Australian islands of Heard and McDonald, where penguins live but there are no... Read More
The administration of US President Donald Trump is considering the possibility of significantly... Read More
On Friday, bitcoin steadily strengthened, continuing its recent rapid growth and overcoming... Read More
US President Donald Trump and British Prime Minister Keir Starmer have announced the conclusion of... Read More
Foreign companies are actively negotiating their return to the Russian market. This is confirmed by... Read More
The trade war between Beijing and Washington continues to have an impact on the business... Read More
During the meeting held on May 8, the Bank of England announced a reduction in the interest rate to... Read More
The US Federal Reserve has left its key interest rate unchanged, keeping it in the range of... Read More
The index of business activity in the German construction sector increased to 45.1, rising from... Read More
The Fed kept the base rate in the range of 4.25-4.5% as expected. The rate has been at the current... Read More
China has announced large-scale mitigation measures to support an economy weakened by trade... Read More
The softening of trade relations between the United States and China has contributed to the... Read More
The Fed is likely to keep the federal funds rate at 4.25%-4.50% at the May meeting. This step is... Read More
Last year, the European Union spent 23 billion euros on the purchase of Russian gas. Monthly... Read More
In the United States, it was decided to raise the national debt ceiling, which makes default... Read More
The main index of the Frankfurt Stock Exchange DAX, representing 40 leading German companies, lost... Read More
The EU intends to impose additional tariffs on American goods with a total value of about 100... Read More
The Swiss National Bank (SNB) has declared its readiness to take decisive measures to prevent... Read More
Oil prices are rising after falling to lows since February 2021. Brent rose to $61.50 per barrel... Read More
Donald Trump stated that cryptocurrencies have become an important and stable asset class that... Read More
The World Diamond Council (WDC) has asked the US authorities to exclude natural diamonds from the... Read More
The euro is strengthening against the dollar after the publication of data on the growth of... Read More
The head of the European Commission, Ursula von der Leyen, announced the launch of a new incentive... Read More
