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Keywords: Economy


EU and India finalize major trade deal excluding agriculture

The European Union and India are set to sign their largest free trade agreement yet on January 27 in New Delhi, with top EU officials traveling to the Indian capital to formalize a pact that deliberately excludes agriculture to shield India's politically sensitive farming sector. European Commission......

Inflation slows sharply in 2025, averaging 0.9%

Inflation in France slowed significantly in 2025, settling at an average annual rate of 0.9%, according to data released by the national statistics office Insee. This marks a sharp decline compared with 2024, when inflation stood at 2%, and follows much higher levels recorded during the inflationary......

Japan warns of intervention as yen nears 160 per dollar

Japan's government ramped up warnings to currency traders on Wednesday as the yen weakened to its lowest level against the dollar in about 18 months, edging closer to the critical 160 threshold that previously prompted Tokyo to step into markets. Finance Minister Satsuki Katayama stated authorities......

Finland and Sweden push for tougher EU sanctions on Russia

Finland and Sweden's foreign ministers presented a joint proposal on Monday to intensify economic sanctions against Russia at the annual Rikskonferensen security conference in Sälen, Sweden. They urged measures to squeeze Moscow's war economy harder, regardless of any potential ceasefire......

United States and BlackRock partner on Ukraine reconstruction

Steve Witkoff, the White House special envoy, revealed on January 6, 2026, a landmark partnership between the United States and BlackRock to drive Ukraine's economic revival. Speaking to reporters after a Volunteer Coalition summit in Paris, Witkoff described the deal as "the most robust prosperity......

Airtasker CEO predicts drivers will vanish before manual laborers

Tim Fung, founder and CEO of the gig economy platform Airtasker, foresees a stark divide in the job market as autonomous driving technology and artificial intelligence reshape employment landscapes. He warns that human drivers for ride-hailing services like Uber and Lyft could vanish within three to......

Bulgaria prepares to join the eurozone amid economic hopes and public concerns

Bulgaria is set to adopt the euro overnight from Wednesday to Thursday, becoming the 21st country to join the eurozone, a major milestone that has sparked both optimism and anxiety across the country. At midnight, the Balkan nation of 6.4 million people will officially replace the lev, its national......

Turkish banking sector posts $19.9 billion net profits in November

Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......

Morocco enacts 2026 finance law to strengthen economy, competitiveness, and tax fairness

Morocco has introduced its 2026 Finance Law, officially Law No. 50-25, which outlines a comprehensive fiscal framework designed to consolidate economic growth, support job creation, and ensure fair taxation. The legislation continues the government’s broader reform strategy aimed at strengthening......