2024-12-19
Showing 66 results 2024-12-19
Economy
BoE delivers 'dovish hold' as growth stalls, trade risks rise
The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth falters. Inflation rose to 2.6% in November, but growth is now forecast at 0% for the fourth quarter. Markets interpreted the decision as dovish.
ADVERTISEMENT
Europe News
Putin’s end-of-year presser: ‘When everything is quiet, we are bored’
As Russia’s full-scale invasion of Ukraine is going into its third winter, Russian President Vladimir Putin held its annual end-of-year press-conference, two days after a Kyiv-orchestrated killing of a high-ranking general on the streets of Moscow.
Business
Germany's consumer climate still low, DAX eyes fifth straight drop
Germany's GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity. The DAX fell 0.9%, marking its fifth loss, as European markets slid on hawkish Fed signals.
Cinema
Mohammad Rasoulof on Iranian censorship, fanaticism and love
Dissident Iranian filmmaker Mohammad Rasoulof fled his country this year in order to present his new film to the world and to keep working freely. He speaks to Euronews Culture about the year that changed his life and representing Germany at the Oscars.
Business
Amazon workers to strike at warehouses as union seeks labour contract
The International Brotherhood of Teamsters said workers at seven Amazon facilities will begin a strike on Thursday morning, an effort by the union to pressure the e-commerce company for a labour agreement during a key shopping period.
Economy
Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’
Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool.