Vice Premier He Lifeng has long been a confidant of Chinese leader Xi Jinping. Initially, he disappointed foreign investors, but later gained trust and experience, and is now the man…
Business
News and economic analysis on the economic crisis, unemployment, inflation, investments, profits, businesses. You also read about highways, roads, prices, increases, pensions, and budget deficits.
The britons' confidence in the economy has dropped to the lowest level ever recorded
British confidence in the economy’s outlook for the next 12 months has reached its lowest level ever recorded, according to a survey conducted by Ipsos MORI and published on Sunday.…
Trump unintentionally triggers a new era of free trade in Europe
Even the most protectionist countries in the EU realize they need new trading partners, as their traditional ally becomes unpredictable. It seems that Donald Trump could be the best thing…
China threatens countries that want to conclude agreements with the US
China warns countries not to enter into trade agreements with the United States that may affect its interests and threatens resolute and reciprocal countermeasures. China’s warning comes amid escalating trade…
Appearing out of nowhere and now everywhere: Dubai Chocolate has conquered the world, but leaves us without pistachios
The Dubai chocolate trend has conquered the West as well. On social media, internet users film themselves greedily devouring bars of chocolate with pistachio cream. However, with demand skyrocketing, the…
IMF revises its forecasts due to Trump: When giants clash, small countries are also caught in the currents
The escalation of trade tensions and significant changes in the global trading system will trigger a worsening of the economic forecasts of the International Monetary Fund (IMF), but nevertheless, a…
Romania is heading towards a new curve of sacrifice. "We have not learned anything from past mistakes"
The authorities have not learned the lessons of the 2009-2010 crisis or from the agreements with the IMF that brought budgetary balance through austerity measures. Now, Romania is once again…
Romania has once again become the country with the highest inflation in the EU
The annual inflation rate in the European Union continued to decrease in March, reaching 2.5% from a level of 2.7% in February, but Romania has become the country with the…
China tells Trump not to complain anymore: America has been living beyond its means for decades
Beijing sends yet another signal that it won’t back down in the trade war sparked by the Trump administration. Chinese state media writes that the US is not a victim…
WSJ: US to ask countries seeking lower tariffs to limit cooperation with China
The United States plans to persuade dozens of countries with which it is negotiating new trade agreements to limit their ties with China. In exchange for this, import taxes will…
How Trump is messing things up. The tariffs imposed on China are putting essential American businesses in jeopardy
The Trump administration announced on Saturday that it will exempt technological products such as iPhones, personal computers, and chips from a large portion of the new 145% tariffs imposed on…
China is increasing tariffs on goods from the US to 125%, but announces it will no longer retaliate against Trump's decisions
China announced on Friday an increase in the trade tariffs applied to the United States, from 84% to 125%. The decision was made after the White House specified on Thursday…
The taxes imposed by Trump on China have reached 145%. European stock exchanges are "buzzing," those in the US have returned to the red
Additional customs duties applied to Chinese products by the United States have reached the level of 145%, as stated in a White House decree published on Thursday outlining the conditions…
INS has revised the economic growth for 2024. The key was the increase in public sector salaries
The National Institute of Statistics has revised down by -0.1% the growth of the Romanian economy from last year previously announced. According to INS, adjusted for inflation, the GDP grew…
Trump has placed "Liberation Day" among the greatest financial crises in history
A rapid loss of over 5 billion dollars on global stock markets has led some experts to compare Trump’s trade war to the Wall Street crash of 1929. Donald Trump’s…
The Prime Minister of Canada says that it will be very difficult for his country to avoid a recession
Canada will find it hard to avoid a recession if the United States is hit, Canadian Prime Minister Mark Carney, a former banker, said during a campaign event for the…
A tsunami is coming, and no one is spared: How China is responding to Trump's tariffs
While several countries are trying to negotiate to obtain concessions from Donald Trump in the global trade war the American president has sparked, China has taken a different approach. Within…
Greenbrier is closing the wagon factory in Arad - 800 people left without a job
The American giant Greenbrier is closing the Astra Rail wagon factory in Arad, where around 800 people work. The decision is explained by pressures in the industry, increasing costs, and…
Christine Lagarde wants the EU to give up Visa and Mastercard and create its own platform
The President of the European Central Bank, Christine Lagarde, is calling for a revolution in payment systems to end Europe’s dependence on American and Chinese platforms such as Visa, Mastercard,…
Trump could make all the beer more expensive and no one realizes why
All beer, regardless of the container in which it is sold, is affected by the 25% tariff on aluminum imports imposed by the United States. At least that’s the result…