UK Budget Deficit Widens, Pressuring Chancellor Reeves
In December, UK Budget Deficit soared beyond expectations, primarily driven by rising debt interest costs and military property purchases by the government. These financial strains are putting significant pressure on Chancellor Rachel Reeves as she navigates the nation’s fiscal challenges....
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Asian Currencies Struggle Amid U.S. Tariff Threats
As financial markets continue to grapple with the impacts of global trade policies and geopolitical events, most Asian currencies faced downward pressure on Wednesday. Investors are cautious ahead of new trade tariffs expected from the U.S. under former President Donald...
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Canada’s Inflation Rate Eases in December 2024
Canada’s Inflation Rate eased to 1.8% in December 2024, slightly down from 1.9% in November, falling just below market expectations. This marks the lowest rate of price growth since September 2024, as inflation remains within or below the Bank of...
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Germany’s Economic Sentiment Declines in January 2025
The Germany’s Economic Sentiment dropped significantly to 10.3 in January 2025, down from 15.7 in December and far below market forecasts of 15.3. The decline reflects growing concerns over the German economy, which contracted for the second consecutive year in...
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UK Unemployment Rate Rises to 4.4% in Latest Data
The UK Unemployment Rate has increased to 4.4% for the period from September to November 2024. This marks a slight rise from the previous rate of 4.3%, which had been steady for the past two periods. The latest figure reflects...
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