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Economy

Switzerland throws cold water on GDP growth predictions

Experts say Switzerland's economy will grow at a slower rate than expected in 2023 and 2024, but should accelerate the following year.

Economy

Declining exports and inventories weigh on the eurozone economy

The eurozone economy shrank slightly in the third quarter of 2023 as inventory levels fell more than expected

Economy

Swiss economy grows as services sector provides support

The Swiss economy grew in the third quarter of 2023 with help from the services sector, although manufacturing continues to drag.

Economy

UK economy sees flat growth as inflation drags

The UK's GDP inched up by 0.2% in September 2023, driven by services growth, while consumer-facing sectors sank.

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Economy

€3 trillion: Is France’s debt out of control?

France’s debt went from €1 trillion in 2003 to €3 trillion this year. What happened?

Economy

US government estimates economy grew last quarter at a 2.1% rate

US GDP grew at a 2.1% rate between April and June, the US governement said on Thursday.

Economy

Heat to slash European countries' GDP by as much as one point - study

Recent heat waves could cut global growth by almost 0.6 percentage points in 2023 with several European countries particularly impacted, according to an estimate by Allianz Trade.

United Kingdom

Stagnant UK economy lagging behind EU, new figures show

Britain has seen no economic growth in three months, the country's statistic agency said on Thursday. Other European states are faring better, meanwhile.

Economy

Eurozone economy shrank less than feared in 2020 — Eurostat estimate

The EU's statistics agency says early analysis suggests eurozone GDP fell by 0.7% in the last quarter and 6.8% across 2020.

China

Hong Kong is most expensive city in the world, survey finds

Four of the five most expensive cities in the world for expatriates are in Asia, according to a cost of living study.

Economy

Moody's upgrades eurozone GDP growth, downgrades USA

Ratings agency Moody's upbeat about eurozone GDP growth, but downgrades US forecast.

Economy

Eurozone's GDP growth outlook rosier, eastern members catching up

G2 GDP growth in the Eurozone was up 0.6%, and with newer eastern members doing better, the economic outlook is set fair.

Economy

IMF to Germany: spend more!

The International Monetary Fund urges the German government to stop giving balancing the budget a higher priority than investment.

Economy

Greek economy back in recession

Greece's economy slipped back into recession in the first three months of 2017 amid delays in approving its latest bailout loan.

Economy

Italian economy sluggish for 2016 but showing signs of improving

Italy's economy grew by just 0.2 percent in the fourth quarter of 2016 and 1.0 percent year-on-year national statistics institute ISTAT says.

Economy

German economy and budget surplus soar, but Merkel shuns new debt

Germany's economy grew 1.9 percent last year boosting the budget surplus hugely, but Chancellor Merkel says the country won't take on any new debt.

South Korea

Samsung: the scandal threatening South Korea's behemoth

How did a economic giant that accounts for a fifth of South Korea's GDP get into the position where its top boss was arrested accused of corruption?

Economy

Japan's economic growth overshadowed by Trump protectionism fears

Japan's economy continues to grow thanks to exports, but spending by consumers is weak and there are fears about US protectionist policies.

Economy

Soybean slowdown: weaker exports hit US economic growth

US economic growth in the final three months of 2016 was much weaker than the previous quarter due to lower exports - particularly soybeans.

Economy

US Q3 GDP growth beats estimates

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.