ECB cuts interest rates by 25bp
They did it. The European Central Bank just announced the probably best telegraphed start of an easing cycle ever. As…
Eurozone retail sales dropped in April as lacklustre trend continues
After a decent March, retail got another reality check in April with a decline in retail trade of 0.5% month-on-month,…
Latin American US refined products imports fall to pandemic lows
Latin America is the least dependent on US refined products since the start of the pandemic, thanks to a general…
Japan buys 103,767 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 103,767metric tons of food-quality wheat from the United…
South Korean importer bought 65,000 T corn in private deal, traders say
A South Korean importer is believed to have purchased about 65,000 metric tons of animal feed corn expected to be…
Global financial institutions speed up investment in China
Qatar’s sovereign wealth fund has reportedly agreed to purchase a 10 percent stake in China Asset Management Co (ChinaAMC), the…
Small business may show a coming US hiring slowdown
Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when…
Greek Q1 unemployment rises to 12.1%
Greece’s jobless rate rose to 12.1% in the first quarter from 10.5% in the fourth quarter of 2023, data by…
German industrial orders unexpectedly fall in April
German industrial orders unexpectedly fellin April, marking the fourth month in a row of decreases, due to a significantly smaller…
Russian central bank urges global integration despite sanctions
Despite Western sanctions, Russia must be integrated in the global economy with countries that are prepared to work with it,…