Romania recorded the highest inflation rate in the European Union at 8.2% in July 2026. This…
Tag: Economy
Top Russian Economist Fired After Criticizing War Impact
Andrey Klepach, chief economist at Russia's state development bank VEB, was dismissed after making critical comments…
Japan’s GDP Grows 0.3% in Q2, Misses Analysts’ Forecasts
Japan's economy grew by 0.3% in the second quarter of 2026, according to data released by…
Romania’s Current Account Deficit Reaches EUR 30.5 Billion
Romania's current account deficit increased by 1.5% year-on-year to EUR 30.5 billion in the 12 months…
Europe’s Economy Faces €180 Billion Hit from Heatwaves
Europe's economy could face a loss of €180 billion ($208 billion) this year due to extreme…
UK Heatwaves Cost Economy £4.4bn, Further Losses Expected
Back-to-back summer heatwaves have cost the UK economy £4.4 billion in lost output so far this…
Trump Emphasizes Economic Pressure on Iran Amid Crisis
U.S. President Donald Trump stated on Sunday that his administration is focusing on economic pressure rather…
Treasury Secretary Declares K-Shaped Economy Is Over
U.S. Treasury Secretary Scott Bessent declared the K-shaped economy is officially over during a CNBC interview…
UK House Prices Rise 0.1% in July Amid Market Caution
UK house prices increased by 0.1% in July, reaching an average of £277,542, according to data…