Economy

In a significant move for Hungary’s financial landscape, Fitch Ratings has revised its outlook for the country from “negative” to “stable,” reflecting a potential turning point in its economic strategy. This change comes amidst ongoing efforts to align fiscal and monetary policies more effectively, demonstrating the government’s commitment to fostering a healthier macroeconomic environment. The

The political climate in France is undergoing significant turbulence, marked by President Emmanuel Macron’s recent actions amidst a crisis that has seen the dismissal of Prime Minister Michel Barnier. This unrest has arisen from a combination of aggressive opposition from far-right and far-left factions, leading Macron to embark on the task of selecting a new

The political landscape of France has recently experienced seismic shifts following the collapse of the government led by Prime Minister Michel Barnier. This political upheaval triggered a noticeable adjustment in the risk premium associated with French government bonds. On Thursday, the risk premium investors demanded to hold French bonds, in contrast to the safer German

In a dramatic turn of events, the euro is experiencing heightened pressures following the anticipated collapse of the French government. This political crisis looms ominously over the eurozone, particularly affecting France, which is the second-largest economy in the region. Analysts have noted that the fallout from a recent no-confidence vote against the French government will

The unfolding political drama in South Korea has sent ripples through its financial markets, characterized by sharp declines in the stock market and a depreciating currency. As lawmakers initiate steps towards the impeachment of President Yoon Suk Yeol, the recent declaration of martial law—later retracted—has stirred uncertainty among investors and market participants alike. This article

The recent affirmation of a death sentence for Truong My Lan, a prominent figure in Vietnam’s real estate sector, has sent shockwaves through the nation’s business community. The court’s decision, rooted in charges of embezzlement and bribery connected to a staggering $12 billion fraud case, underscores the lengths to which Vietnam’s anti-corruption campaign will go

In the intricate and often volatile world of foreign exchange, the U.S. dollar is currently enjoying a period of fortification, primarily due to significant political and economic dynamics in Europe and Asia. The circumstances surrounding the euro and the yuan illustrate the complexity of the global financial landscape, where news in one region can reverberate

In the realm of global finance, currency markets play a pivotal role, and the recent behavior of the U.S. dollar has captured significant attention this week. After a brief period of weakness, the dollar is making a comeback, aided by unexpected support from President-elect Donald Trump. This is noteworthy because Trump’s past rhetoric often suggested

The latest data from a private survey indicates an encouraging upswing in new home prices in China during November. According to the China Index Academy, the average price for new homes across a selection of 100 cities increased by 0.36% compared to an earlier rise of 0.29% in October. More significantly, the year-on-year figures exhibit

In a revealing report from the Institute of Directors (IoD), a concerning trend has emerged: optimism among the business community in the UK has plummeted to its lowest point since the early days of the COVID-19 pandemic. The report, which evaluates business leaders’ sentiments post the recent budget delivered by Finance Minister Rachel Reeves on

As Donald Trump embarks on his second term in office, the implications for economic policy under his administration, often dubbed “Trump 2.0,” have ignited significant discussion among economists and policymakers alike. The United States currently enjoys an economic climate characterized by remarkable growth, despite facing numerous challenges such as a global pandemic, geopolitical tensions, and

In a significant move that has stirred public debate and sparked intense reactions, Australia has instituted a ban on social media access for children under 16. This decision, characterized by Prime Minister Anthony Albanese as world-leading, has positioned Australia at the forefront of global digital regulation. While the initiative is perceived by some as necessary