Turkey welcomed 64 million visitors in 2025
Turkey welcomed 64 million visitors in 2025, generating €54.9 billion in tourism revenue, Turkish Development Minister Mehmet Nuri…
German economy grew in latest quarter, but challenges remain
Germany’s economy grew more than expected in the fourth quarter of 2025, according to official figures released on Friday. German…
$1.8 Trillion: China runs record budget deficit as welfare spending soars
China’s government racked up a record budget deficit last year as spending on social welfare grew at the…
Producer Price Index Jumps on Disconcerting Spike in Services PPI. Food & Energy Prices Fall
Core goods prices rise as companies distribute the tariffs amongst each other. By Wolf Richter for WOLF STREET. The Producer Price…
10 African countries with the highest Chinese loans in the last 24 years
This represents a dramatic decline from the highs of the early 2010s, when Chinese credit routinely exceeded $10…
Rising housing costs put financial and mental strain on young Greeks
Rising rents are putting significant pressure on young Greeks, affecting both their finances and mental health, according to…
UN warns of risk of ‘imminent financial collapse’
UN Secretary General Antonio Guterres has warned member states that the world body is at risk of “imminent…
New viability gap funding in the works for energy storage
The government is working on a new viability gap funding scheme for energy storage to give a push…
Tariffs are hurting U.S. manufacturing sector, economist warns
Chief Economist for the Conference Board of Canada Pedro Antunes reacts to the GDP being unchanged in November…
Wholesale Prices Are Rising Faster Than Expected
US wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer…
Japan to see fewer food and beverage price hikes in February
The number of food and beverage price hikes in Japan is set to drop by nearly 60% from…
Top Indonesian financial regulators quit after US$80 billion market meltdown
GOVERNMENT PROMISES MAJOR MARKET REFORMS Indonesia’s chief economic minister Airlangga Hartarto said authorities were committed to stock market…