Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…
Belgium and Namibia to Develop Africa’s First Hydrogen Ship, Infrastructure
Partners from Belgium and the African nation of Namibia mapped out a plan to develop the continent’s hydrogen infrastructure for…
Russian April manufacturing grows at slowest rate in three months, PMI shows
Activity in Russia’s manufacturing sector grew at the slowest rate in three months in April, a business survey showed on…
Video: Ukraine Hits Another Russian Refinery in Long-Distance Strike
Despite disapproval from the White House, Ukraine continues its campaign of attacks on refineries deep within the Russian heartland. It…
Crack in Tanker’s Hull Causes Largest Oil Spill in Ceuta Port History
Spanish authorities at the port of Ceuta on the southern side of the Strait of Gibraltar declared contained what they…
ECB should start cutting rates in June if inflation keeps falling, De Cos says
The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European…
German economy skirts recession, helped by construction and exports
The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction…
French economy slightly grows in Q1
The French economy slightly grew in the first quarter, preliminary data from the INSEE statistics agency showed on Tuesday, a…
ECB’s Knot: increasingly confident about disinflation
Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should…
More Fed officials ready to say goodbye to low-rate world
A growing number of Federal Reserve officials don’t see a return to the ultra-low interest rates that prevailed before the…