The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will be debate whether to keep or cut rates at next week's policy meeting,
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed.
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts,
Droughts are a serious consequence of climate change, devastating ecosystems, along with the organisms and communities who inhabit them. Understanding the impact of this upon agricultural productivity is vital to ensure sustainable food supplies and local economies.
Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.
As per phys.org, reports indicate that changing climatic conditions may require adjustments in crop selection and farming practices. While regions could benefit from improved conditions for grape cultivation, staple crops such as wheat and sugar beet are expected to suffer. Livestock grazing may also be impacted due to grassland degradation.
The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.
The agreement signed at COP29 is the important first step in linking Central Asian renewables with European markets – enabling the transfer of surplus green electricity from Kazakhstan and Uzbekistan to Azerbaijan, creating a direct pathway for exports to Europe.
Political science in the 21st century has increasingly focused on the study of populism, a phenomenon manifesting across diverse global contexts often
As Magyar Nemzet reported, Hungary blocked the extension of sanctions against Russia, putting significant pressure on European Union decision-makers. Prime Minister Viktor Orban made it clear that Hungary's support is conditional on the resumption of natural gas and oil transit through Ukraine, which has been halted in recently.
In the meantime, Russia continues to export natural gas to Southern and Central Europe via the TurkStream gas pipeline on the bed of the Black Sea. Sign up here. U.S. President Donald Trump on ...