[ad_1] Welcome back. Here’s what we’re talking about heading into the new week: The big threat: The UK stands ready for more strikes on Houthi targets if the Iran-backed militants…
Tag: European Central Bank
Sweden Defies Forecasts With Biggest GDP Gain in Four Months
[ad_1] Sweden’s economy unexpectedly expanded in January, with gains in exports and household spending contrasting earlier evidence that the largest Nordic economy had likely entered a recession. Indicator data for…
Denmark Picks Kettel Thomsen as Governor to Defend Krone Peg
[ad_1] Denmark has picked Christian Kettel Thomsen, 63, as its new central bank governor to defend the strengthening Danish krone’s peg to the euro. The economist, currently a vice president…
German Business Expectations Fall, Dampening Hope of Rebound
[ad_1] German business expectations worsened for the first time since August, undermining hopes that a recovery in Europe’s biggest economy will take hold early next year. An expectations gauge by…
Germany’s Industry Shows Lasting Weakness as Global Orders Drop
[ad_1] German machinery companies aren’t seeing any sign of improvement in business prospects amid persisting global weakness, according to the country’s leading engineering industry lobbyBloomberg Terminal. Orders in May fell…
Macron Says France to Ask Oil Industry to Sell Fuels at Cost
[ad_1] French President Emmanuel Macron said he will push the country’s oil sector to sell gasoline and diesel at cost as the government seeks to mitigate the impact of surging…
Bank of Canada’s Macklem expects inflation to be ‘close to’ 2 per cent target by late 2024
[ad_1] Open this photo in gallery: Bank of Canada Governor Tiff Macklem arrives for the annual meeting of federal, provincial, and territorial finance ministers in Toronto on Dec. 15, 2023.Nathan…