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…
The German economy can still grow after all
The economy can still grow. Just as some German children have been asking their parents whether they remember a time…
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…
Fed holds policy steady: rate hikes remain “unlikely” despite lack of inflation progress
The Federal Reserve left its policy rate unchanged and argued its policy stance is “in a good place”, but officials…
US manufacturing sector regresses in April; prices paid near two-year high
U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure…
China’s April manufacturing PMI moderated to 50.4 but still points to expansion for a second consecutive month
As expected, the April manufacturing PMI of 50.4 showed a slight moderation from March’s strong 50.8 read, but remained in…