Now playing Next Markets Weekly markets round-up: Optimism high on interest rate cut hopes Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut. 10/05/2024
Now playing Next Business Eurozone retail sales see biggest surge since September 2022 Eurozone retail sales in March surged, marking the highest increase since September 2022. European stocks reacted positively, buoyed by better-than-expected corporate earnings and hopes of an ECB interest rate cut. 07/05/2024
Now playing Next Business How the rug got pulled from under Iran's traditional carpet weavers The export of traditional Persian rugs from Iran, a market which once exceeded $2 billion, has plummeted to less than $50 million in the last year. 04/05/2024
Now playing Next Economy Can the US manage escalating debt without triggering a fiscal crisis? The US is grappling with record $34.5 trillion debt, triple the eurozone's, and set to hit 134% of GDP by 2029. Elevated deficits and skyrocketing interest payments may evoke fears of imminent fiscal crisis if countermeasures are not adopted. 25/04/2024
Now playing Next Portugal 50 years since the revolution, where is Portugal today? Portugal is better off today than it was at the end of its military dictatorship. But where does it stand compared to other European countries? 25/04/2024
Now playing Next Markets Markets round-up: Escalating Middle East tensions deepen weekly slump Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a safety destination. 19/04/2024
Now playing Next Europe News Faced with US and China, EU leaders call for competitiveness deal The 27 leaders of the European Union have called for a "new competitiveness deal" to close the economic gap with its global rivals and reverse a worrying trend of industrial decline. 18/04/2024
Now playing Next China Germany's Scholz rules out decoupling from China The three-day visit of Germany's leader to China comes after Beijing slammed the EU as “reckless” following investigations into whether state subsidies are giving Chinese companies an unfair advantage. 16/04/2024
Now playing Next Economy Markets round-up: Economic updates investors are watching this week The week ahead spotlights crucial economic indicators on both sides of the Atlantic. In the EU, attention will be on inflation data, while, in the US, the focus shifts to job figures. These key metrics will provide insights into economic health, shaping market sentiment. 01/04/2024
Now playing Next Economy What's keeping egg prices high for Easter? It's not just inflation In Europe, egg prices are 10% to 15% lower than last year but still about double what they were in 2021 31/03/2024
Now playing Next Economy Why is inflation lower in Italy than the rest of Europe? Italy's inflation rate rose to 1.3% in March compared to a year ago, albeit at a slower pace than anticipated. 30/03/2024
Now playing Next Economy Poland's annual inflation slows to lowest rate in five years Lower prices for electricity, gas and other fuels helped Poland to slam the breaks on inflation. 29/03/2024
Now playing Next Economy Belgium pushes minimum wage over €2,000 with bid in for more A hike in the minimum wage puts the country among the few in Europe where the minimum wage surpasses €2,000, as high taxes bite. 28/03/2024
Now playing Next Focus Leaders call for unified response to global problems at Baku forum IN PARTNERSHIP WITH AZPROMO Serving and former leaders met under the principles of solidarity, equality and inclusivity to exchange and find global solutions to global problems. 25/03/2024
Now playing Next Economy Dutch economy sees slight uptick in 2023 as disposable income rises The Netherlands' GDP outgrew analysts' expectations in the final quarter of last year. 25/03/2024
Now playing Next Business With unsold grain piled high, Polish farmer faces uncertainty amid war The disruption of Ukrainian exports via the Black Sea led to a massive flow of grain across Poland's border with Ukraine, driving down prices for food products while inflation has caused production costs and interest rates on loans to rise. 23/03/2024
Now playing Next Markets Gold passes €2000 an ounce level: What's the continuing allure? In a week that saw 10 central bank meetings around the globe, gold prices surged to new record highs for the first time in the precious metal's history. 22/03/2024
Now playing Next Economy Bank of Japan ends opts for first interest rate hike in 17 years Japan's central bank has decided to end its era of negative interest rates following signs that the country's decades-long deflation is coming to an end. 19/03/2024
Now playing Next Egypt European Union announces €7.4 billion package of aid for Egypt European Union announces €7.4 billion package of aid for Egypt to fund efforts in curbing migration. 17/03/2024
Now playing Next Economy France's inflation figures dip but energy prices keep spark alive France's inflation rate stood at 3% in February year-on-year, only 0.1% lower than the previous month. 15/03/2024
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