A Tale of Two Economies: Greek Banks Thrive While Workers Struggle
The 2025 fiscal year was exceptionally profitable for Greece’s systemic banks, with combined net earnings surpassing €4.6 billion.…
Liz Truss warns UK faces decline, backs bitcoin and starts CPAC UK
Liz Truss, the U.K.’s shortest-serving prime minister, said the country’s economy has been stagnating for decades and many…
Explained: On way to 4th largest, how India slipped to 6th rank & what it means for 3rd largest economy dream
While India will be the sixth largest economy in FY27, it is likely to overtake both the UK,…
Follow the money and US looks good. On the ground, it feels different
American economists are suffering from a plague of cognitive dissonance. They worry that because of AI, there will…
CBN announces Nigerian financial rate to compete with US, EU
The Central Bank of Nigeria (CBN), in collaboration with financial market dealers, has introduced the Nigerian Overnight Financing…
Why the US economy beats Europe
President Trump’s war in Iran is petering out inconclusively. But the smart money — judging by US equity…
Wall Street Journal announces the era of the “mega layoff”
Elevenlabs AudioNative Player “Has The Era of the Mega-Layoff Arrived?” With this question, posed in the headline of…
Energy bills set to jump £196 in July as Strait of Hormuz turmoil keeps costs high
British households can expect their energy bills to climb by £196 annually from July, according to fresh forecasts…
Russia Signals Pullback in Business Support as Budget Strains Mount
Russia’s government warned it will scale back new support for businesses as mounting fiscal pressures limit its ability…
Latest spending data: What we're cutting back on – or going without – 1News
Latest spending data: What we’re cutting back on – or going without 1NewsThe stockpiling begins: Canterbury businesses brace for…
Central bank bosses enlist for war game to gauge threat of Lehman-style bust | Banking
The bosses of the central banks and treasuries of the UK, US and EU are to take part…
War inflation shows its teeth
The rise in diesel fuel was very large, at 24.1%, in gasoline, 11.4% and in other fuels, 19.8%.…