Economy

China Explores Unconventional Economic Measures Amid Global Trade Disruptions

Premier Li announces China's potential economic strategies in response to trade tensions. Key measures include interest rate cuts and fiscal stimulus.

#china, #economy, #trade, #policy

Christine Lagarde Outlines Ambitious Plans to Elevate the Euro's Global Role

ECB President Lagarde calls for EU reforms to strengthen euro as a global currency, challenging the U.S. dollar's dominance.

#euro, #europeancentralbank, #usdollar, #globalfinance

China's Financial Sector Seeks Stability Through Major Mergers Amid Property Crisis

China intensifies mergers in its financial sector to enhance global competitiveness and tackle a prolonged property crisis.

#china, #financialsector, #mergers, #propertycrisis

Texas Housing Market Enters Significant Correction in 2025

Rising listings and falling prices mark Texas’s housing market correction, with significant economic implications.

#texas, #realestate, #housingmarket, #economy

Texas Housing Market Faces Major Correction as Inventory Surges and Prices Decline

Texas housing market corrects with inventory up 53%, prices drop, impacting major cities like Austin and San Antonio.

#texas, #housingmarket, #realestate, #economy, #mortgagerates

U.S. Dollar Plummets Amid Fiscal Concerns and Proposed Tax Bill

The U.S. dollar drops amid fiscal worries following Trump's $3.8 trillion tax bill proposal, raising national debt concerns. Moody's downgrades U.S. credit rating.

#usdollar, #taxbill, #usdeconomy, #moody's, #nationaldebt

ECB Warns: Droughts Threaten to Slash Eurozone Economy by 15%

ECB and Oxford's study warns droughts may cut Eurozone GDP by 15%, impacting agriculture and manufacturing sectors significantly.

#ecb, #eurozone, #drought, #agriculture, #climatechange

ECB Warns of Severe Economic Risks from Eurozone Droughts

The ECB highlights droughts' threat to the Eurozone economy, warning of up to 15% output reduction in agriculture and other sectors.

#ecb, #drought, #eurozone, #economy, #climatechange

Eurozone Sees Surprise Business Activity Contraction in May 2025

Eurozone business activity unexpectedly contracts in May 2025, marking a downturn in the services sector.

#eurozone, #businessactivity, #contraction, #servicessector, #manufacturing

U.S. Faces $12.5 Billion Decline in International Tourism in 2025

U.S. international tourism projected to drop by 7%, losing $12.5 billion due to economic and political factors.

#us, #tourism, #economy, #trumpadministration, #internationalrelations

Cleveland Fed President Outlines Economic Scenarios Amid New Tariffs

Cleveland Fed President Beth Hammack highlights scenarios from recent tariffs, stressing the Fed's responsive monetary policy.

#federalreserve, #tariffs, #economy, #inflation

Global Retailers Adjust Prices in Response to U.S. Tariffs, Raising Inflation Concerns

Global retailers spread U.S. tariff costs globally, raising inflation fears in stable regions like the EU and Britain.

#tariffs, #globaltrade, #inflation, #uspolitics

Bank of England Considers Reforming Ring-Fencing Regulations Amidst Industry Debate

BoE plans to adjust UK banking ring-fencing rules to balance growth and stability, sparking industry debate.

#banking, #ringfencing, #financialregulations, #boe, #ukeconomy

UK Government to Regulate 'Buy Now, Pay Later' Services for Consumer Protection

UK to regulate 'Buy Now, Pay Later' services, aligning them with credit products to enhance consumer protection and responsible lending.

#buynowpaylater, #regulation, #consumerprotection, #ukgovernment, #finance

Trump Administration Proposes Major Banking Regulation Changes

Trump administration aims to revise banking regulations, easing leverage rules and sparking debates over financial stability.

#trumpadministration, #bankingregulations, #financialstability, #economy, #leverage