Browsing: GDP

The U.S. economy braces for disruption as a government shutdown looms, with economists warning of major impacts if the impasse continues beyond weeks.

The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak GDP data.

The EU spent €381.4 billion on R&D in 2023, up 6.7% from 2022, maintaining an R&D intensity of 2.2%, with the business sector leading investment at 66% of total funding.

Russia’s Central Bank raised its key interest rate to 19%, citing persistent inflation driven by increased defense spending amid the ongoing war in Ukraine.

Belgium has delayed submitting its budget plans to the EU, citing the need for more time due to ongoing government formation talks.

The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a…