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Posted 04/07/2022

Germany records its first monthly trade deficit since 1991 in May as inflation worsens

Germany reported its first monthly trade deficit since 1991 as the cost of its...

Posted 04/07/2022

JPMorgan Sees Crude Oil at $380 in Worst-Case Scenario if Moscow Cutting Output

Western countries have been punishing Moscow for its invasion in Ukraine by mainly imposing...

Posted 01/07/2022

Eurozone Inflation Hit Fresh Record of 8.6% in June; Factory Output Falls for First Time in 2 Years

Inflation in the eurozone reached a fresh record high of 8.6 percent in June,...

Posted 30/06/2022

Global Mobile Sales Expected to Fall 7.1% in 2022 amid Geopolitical Uncertainty, Recession

Analyst firm Gartner Inc. forecasted Thursday worldwide mobile phone sales to plummet 7.1% this...

Posted 29/06/2022

“Impossible to Replace EU Gas Supplies with LNG,” Shell CEO Warns amid Problematic Winter

Shell CEO Ben van Beurden said that it is impossible to replace Russian gas...

Posted 29/06/2022

Hungarian Central Bank Hikes Rate by a Whopping 185bps to Combat 20-Year High Inflation

The National Bank of Hungary (NBH) made a shocking move on Tuesday by raising...

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