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EUROPE

Europe saw stronger growth at start of year before US tariffs darkened outlook

Digital Desk -
Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by...
EUROPE

Spain says it will meet Nato’s defence spending goal of 2% of GDP this year

Digital Desk -
Spain will meet Nato’s defence spending target this year, Spanish Prime Minister Pedro Sanchez has said. The news comes as pressure grows on the eurozone’s...
BUSINESS

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

Digital Desk -
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...
ECONOMY

Japan’s economy bounces back to grow 22.9% in third quarter

Digital Desk -
Japan’s economy expanded at a 22.9% annual rate in the latest quarter, as businesses and personal spending recovered from pandemic-related shocks in the spring...
ECONOMY

US economy shrinks by 4.8% as businesses shut down due to coronavirus

Digital Desk -
The US economy shrank by 4.8% in the last quarter as the coronavirus pandemic shut down much of the country and began triggering a...
WORLD NEWS

Coronavirus: Chinese economy suffers biggest downturn since 1970s

Digital Desk -
China suffered its worst economic contraction since since at least the 1970s in the first quarter as it fought the coronavirus. Weak consumer spending and...
ECONOMY

UK productivity drops at fastest pace for five years

Digital Desk -
Britain’s productivity has fallen at the fastest annual pace in five years in a sign that Brexit uncertainty is compounding an already weak spot...
ECONOMY

Britain’s economic growth set to stagnate in second quarter

Digital Desk -
Britain's economic growth is expected to have stagnated in the second quarter, as the manufacturing sector boost wears off while construction declines. Economists believe that...
BUSINESS

China’s economic growth holds steady despite slowdown fears

Digital Desk -
China's economic growth held steady in the latest quarter, boosted by trade and consumer spending, despite concerns about a possible impending slowdown. Output rose 6.9%...
#EUREF

EU sets new deficit sets deadlines for Spain and Portugal

Digital Desk -
The European Union has set new deadlines for Spain and Portugal to bring their budget deficits into line after both countries escaped fines for...
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