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Friday, January 30, 2026
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ECONOMY

‘Agreement in principle’ reached in US debt crisis talks

The White House has reached an “agreement in principle” with the Republicans on a deal to limit federal spending and resolve a looming debt...

Germany’s GDP shrinks to put Europe’s biggest economy into a recession

The German economy suffered an unexpected dip in the first quarter of the year, formally putting the country into a recession, new figures show. Germany’s...

European growth forecast raised to 1.1% after winter recession avoided

The European Union’s executive body has raised its economic growth forecast, saying Europe has dodged a winter recession that was feared amid an energy...

European Central Bank set to raise interest rates after inflation edges higher

The inflation rate in the eurozone inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank (ECB)...

Europe’s economy barely grows as inflation pinches consumers

The European economy scraped out meagre growth of 0.1% in the first three months of the year, barely gaining momentum after dodging a winter...

Global economic growth set to fall below 3% this year, IMF chief warns

The International Monetary Fund chief has said the world economy is expected to grow less than 3% this year, down from 3.4% last year,...

Yields drop but stocks hold steady after Fed’s latest interest rate hike

Stocks were holding relatively steady and yields were slumping after the Federal Reserve announced its latest hike in interest rates, while hinting it may...

Bank of England Confirms CBDC Launch By 2025

The Bank of England and HM Treasury are launching a consultation into a retail central bank digital currency (CBDC), a “digital pound” which is to be launched...

Bank of England Raises Interest Rate To 4%

The Bank of England has hiked interest rates by 0.5 percentage points taking the base rate to 4 percent. This is the tenth increase...

Yellen tells Congress US expected to hit debt limit next week

Treasury Secretary Janet Yellen has notified Congress that the US is projected to reach its debt limit on Thursday and will then resort to...

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