Not all EU states will be able to achieve ‘more preferential treatment’ from the U.S. If new U.S. President Donald Trump decided to act on his threats to impose tariffs on the European Union (EU), it will be very painful for the bloc, said Miquel Vila, an analyst of the Catalonia Global Institute, a Spanish […]

His return to power leads the French to realize that unity is vital, the French Prime Minister said. On Monday, French Prime Minister François Bayrou warned of the “incredibly domineering” plans of Donald Trump, who will be sworn in as U.S. President today. RELATED: TikTok Restores Its Service in the US by the Guarantees Received […]

Price-adjusted gross domestic product declined by 0.2 percent. This follows a 0.3-percent contraction in 2023. On Wednesday, the Federal Statistical Office published a report showing that Germany’s economy shrank for the second year in a row in 2024, heightening concerns about the recovery prospects of Europe’s largest economy amid persistent struggles. RELATED: Germany and the […]

Finally, President Maduro instructed the Executive Vice President, Delcy Rodríguez, to implement new mechanisms that strengthen the active defense of the national industry and optimize the utilization of installed capacity. Related: President Maduro Announces National Consultation and Constitutional Reform The President of the Bolivarian Republic of Venezuela, Nicolás Maduro, highlighted the growth in several economic […]

The central bank’s inflation forecast for 2025 is 21 percent, with further rate cuts anticipated in the coming months. After several years of runaway inflation, Türkiye has managed to close in on its year-end target for 2024 after a challenging year marked by disinflation policies. RELATED: Türkiye: At Least 12 Deads After Explosion in Ammunition […]

The Chinese gross domestic product is expected to pass the mark of US$18 trillion in 2024. On Tuesday, Chinese President Xi Jinping called for the nation to remain confident in the coming year, saying the world’s second largest economy can overcome its challenges and pressure through hard work. RELATED: Jimmy Carter Was a Key Promoter […]

Between 2012 and 2020, Venezuela’s economy contracted by 71 percent as the U.S. crippled its oil industry. Citing information revealed by The Washington Post, the newspaper El Universal pointed out that U.S. government officials warned Donald Trump during his first administration that sanctions against Venezuela could accelerate the exodus of millions of migrants to neighboring […]

As part of its plan to diversify external markets, Venezuela has also exported products to South Korea, Aruba and Curaçao. On Thursday, Venezuela’s Minister of Fisheries and Aquaculture, Juan Carlos Loyo, confirmed that the country exported more than 100 tons of seafood products, including lobster, black scabbardfish, and cannonball jellyfish, to China and the United […]

Russia has the largest European economy and the fourth largest in the world by purchasing power parity. On Thursday, President Vladimir Putin stated that the Russian economy is stable and predicted that the Gross Domestic Product (GDP) would grow by 3.9% or even 4% this year. RELATED: Russia is Getting Closer to Achieving Its Goals […]

It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: […]