Now playing Next Economy Eurozone growth set to rebound as ECB cuts interest rates, IMF says IMF expects the Eurozone to recover from 2023's 0.4% growth, with projected rises to 0.8% in 2024 and 1.5% in 2025. Inflation decline allows central banks to consider rate cuts, but Middle East tensions threaten to hike oil prices and shipping costs, potentially dampening the economic outlook. 16/04/2024
Now playing Next Markets European markets slump as investors weigh Middle East developments European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic data from China. 16/04/2024
Now playing Next Europe News EU scrambles to rein in a spill-over in the Israel-Iran conflict As Israel weighs its options for a potential response to Iran's aerial attack on Saturday, its European allies are pleading for restraint to prevent a major regional spillover of the conflict. 15/04/2024
Now playing Next Israel Revenge, geopolitics and ideology: Why did Iran attack Israel? Iranian missiles and drones rained down on Israel on Saturday, tipping the pair close to war. But why? What is driving hostility between Israel and Iran? 14/04/2024
Now playing Next Israel 'Don't': US president cautions Iran over potential strike on Israel US President Joe Biden has cautioned Iran over a suspect attack on Israel, while Israeli settlers attacked a village in Palestine, killing one and wounding more than 20. 13/04/2024
Now playing Next Travel News Discover Riyadh: 5 unmissable adventures in Saudi Arabia’s capital With a new airline flying in 2025, now is the time to visit. 16/03/2024
Now playing Next Cyprus UK ‘bases of death’ see controversy amid Middle East conflict Activists claim the UK and US use Cyprus as an "unsinkable warship” as recent conflicts in the Middle East spark renewed controversy over British military bases on the Mediterranean island. 15/02/2024
Now playing Next Azerbaijan President of Azerbaijan sweeps election - exit polls Exit polls show president achieving 93.9% support, rising to nearly 100% in Karabakh. 07/02/2024
Now playing Next Economy EU price rises on the cards? Expert insight on Red Sea economic impact Houthi attacks in the Red Sea have disturbed vital trade routes connecting Europe, the Middle East and Asia. Euronews Business spoke to Dr. Yousef M. Alshammari, Senior Research Fellow at Imperial College London, to explore the consequences for the European and global economy. 31/01/2024
Now playing Next Economy Iran's currency tumbles as tensions escalate in the Middle East The rial lost 17% in the past four months in the free market against the US dollar, as Iran tackles inflation soaring above 40%. 29/01/2024
Now playing Next Economy Middle East tensions fuel chances of oil price surge Following a drone attack on a US airbase in Jordan, the Middle Eastern conflict could get worse. US President Joe Biden says his country "will hold all those responsible to account at a time and in a manner of our choosing". 29/01/2024
Now playing Next Markets Markets’ week ahead: European stocks slip ahead of Fed rate reveal The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam. 29/01/2024
Now playing Next world news Netanyahu "will not compromise on full Israeli control" over Gaza Israeli Prime Minister, Benjamin Netanyahu rebuffed on social media US President Joe Biden's claims that a two-state solution was still possible. 20/01/2024
Now playing Next Syria Reported Israeli airstrike on Damascus kills Iranian commander Syrian state media and an Iranian media outlet reported that the individual killed was likely a member of the Revolutionary Guard’s expeditionary Quds Force. 20/01/2024
Now playing Next Iran Iran launches satellite - part of a Western-criticised programme The launch comes as regional tensions spike across the Middle East. 20/01/2024
Now playing Next Iran Could the Pakistan-Iran airstrikes be start of regional escalation? Eleven people have been killed this week in airstrikes by Iran and Pakistan - what is behind them and what could it mean for the future? 18/01/2024
Now playing Next Economy Euroviews. What Europe needs to do to survive a changing world order The growing trend of de-dollarisation, China's economic resilience, unprecedented flows of oil and gas and the opening of new markets as a result of active geopolitical flashpoints around the world are just some of the features of a changing world order, Osama Rizvi writes. 16/01/2024
Now playing Next Business Euroviews. The Red Sea conflict may see Europe's economic concerns heighten All the goods and merchandise travelling by container will not only reach their destination late but prices will now reflect increased costs. This will mean higher prices on shelves which, in turn, will lead to an overall increase in inflation, Osama Rizvi writes. 15/01/2024
Now playing Next Yemen US and UK thwart largest Houthis attack in Red Sea The Yemeni rebel group launched an attack with drones and missiles, amid a planned UN Security Council vote to condemn their strikes in the vital shipping lane. 10/01/2024
Now playing Next Jordan Blinken in Jordan to discuss regional tensions over Gaza war The top US diplomat has met with Jordan's king and foreign minister during a tour of the Middle East, aiming to stop the Gaza war from spreading. 07/01/2024