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Economy

Fed set to keep rates steady as Trump threatens bank's independence

This week's meeting will be overshadowed by the revelation that the Justice Department has opened a criminal investigation into the Fed, threatening central bank independence.

Economy

Could inflation in Europe make an unexpected comeback in 2026?

The eurozone's private sector grew in January, but services inflation is showing a sustained rise, raising fresh concerns for the ECB.

Business

Has Trump really 'defeated' US inflation, as he claimed in Davos?

Despite the US president’s optimism, the country’s inflation rate remains above the Federal Reserve’s preferred 2% target.

Iran

Tehran summons Western ambassadors as protester death toll climbs

In a bid to reclaim the narrative, the government called for nationwide rallies backing the Islamic republic with Ayatollah Ali Khamenei saying the turnout was a "warning" to the United States.

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Economy

Eurozone inflation falls to ECB’s 2% target as price pressures ease

Inflation in the eurozone returned to the European Central Bank’s 2% target in December, offering reassurance to policymakers as price pressures continue to ease.

Economy

French inflation eases on energy costs ahead of eurozone data release

Energy prices fell more dramatically in December while food prices increased at a faster rate.

No Comment

Protests erupt in La Paz over Bolivia's fuel subsidy cuts

Bolivia sees protests in La Paz after fuel subsidy cuts doubled prices. Workers marched for days as clashes broke out and talks with the government stalled.

Economy

UK productivity puzzle: Zombie firms fail, but jobs remain scarce

Inefficient firms in the UK are failing, hit by the cost of living crisis. If productive businesses manage to take their place, they could provide a much-needed boost to growth.

Iran

Trump says US will 'come to their rescue' if Tehran kills protesters

US President Donald Trump warned that Washington is "locked and loaded" if Iran kills demonstrators, following deadly clashes amid hyperinflation-triggered unrest.

Iran

Iran faces widest unrest since 2022: What we know so far

Protests in Iran erupted due to persistent hyperinflation, leading to shop closures and clashes with security forces. Students and multiple cities joined, demanding economic stability.

Economy

Europe 2026 salary projections: Countries with the strongest pay rises

Real wage growth is projected to be slightly higher in 2026 than in 2025 in Europe, but which regions will outperform?

No Comment

Nigeria: Christmas lights attract Lagos residents

Nigeria is on display in a softer light as residents of Lagos gathered to see the city’s Christmas decorations.

Economy

ECB's Lagarde: AI fuels investment, no rate path set

ECB President Christine Lagarde kept rates unchanged, citing persistent uncertainty and strong AI-driven investment.

Economy

ECB holds interest rates as eurozone economic growth remains robust

The eurozone has managed to weather US tariffs more effectively than expected. Growth remains resilient, while inflation continues to hover around the ECB’s 2% target.

Europe in Motion

Which country spends the most on gifts at Christmas?

EU Christmas spending surges in 2025 as inflation nudges prices up and regulators tighten toy safety standards.

Economy

German manufacturing contracts again: Is eurozone growth at risk?

Germany's manufacturing sector contracted further in December, dragging down eurozone output. While services remain resilient, inflationary pressures persist.

Economy

European bond yields are rising again, but inflation isn't to blame

European bond yields are rising despite stable inflation data as a surge in Japanese yields fuels global market repricing.

Economy

Biggest eurozone members see easing inflation except for Germany

Inflation figures from some of the biggest eurozone economies, including France, Spain, and Italy, show no immediate threat of price hikes. However, German inflation figures came in unexpectedly high.

Economy

Uncertainties over economy threaten Federal Reserve interest rate cut

A December rate cut is far from certain as inflation continues to run above the Fed's target. At the same time, risks to the US job market remain.

Economy

Germany’s economic sentiment stalls as policy doubts deepen

Germany’s economic sentiment held steady in November, with the ZEW index at 38.5. Policy doubts and sector weaknesses persist, while private consumption improved.