Economy

Brazil has reported a significant current account deficit (CAD) of BRL 6.6 billion for August 2024, a sharp increase from the BRL 1 billion deficit recorded in the same month…

In a decisive move to stimulate the economy, the Swiss National Bank (SNB) has announced a reduction of its key interest rate by 25 basis points, bringing it down to…

On Tuesday, the Brazilian stock market experienced a notable turnaround, with the Ibovespa index rising by 1.4% and surpassing the crucial threshold of 132,000 points. This resurgence followed five consecutive…

The altcoin market exhibited mixed signals as Bitcoin struggled to reclaim the $64,000 mark, trading at $63,782 at the time of this publication. Cardano has rejoined the top ten cryptocurrencies…

Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was largely attributed to government rebates on electricity bills, which played a crucial…

Volkswagen has embarked on crucial discussions with its trade unions, initiating a pivotal negotiation phase that will shape the future of the company’s workforce and operational structure in Germany. These…

Thailand has officially launched the first stage of its ambitious $14 billion stimulus plan aimed at revitalizing the country’s economy. Dubbed the “digital wallet” scheme, the initiative is designed to…

Eurozone business activity unexpectedly contracted in September, signaling deepening troubles in both the services and manufacturing sectors. The region’s Purchasing Managers’ Index (PMI), compiled by S&P Global, plummeted to 48.9…

The potential takeover of Germany’s Commerzbank by Italy’s UniCredit has ignited a fierce political and economic debate, with German Chancellor Olaf Scholz coming out firmly against the deal. As UniCredit…