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Germany at particular risk from US tariffs, Bundesbank warns
FRANKFURT, Feb 17 (Reuters) - Germany is particularly vulnerable to U.S. trade tariffs, which could curb growth for years to come and hold back an economy already suffering through two straight years of contraction, Bundesbank President Joachim Nagel said on Monday.Germany, Europe's largest ...Reuters
Mon, Feb 17
Brazil's economic activity rises 3.8% in 2024
BRASILIA, Feb 17 (Reuters) - Economic activity in Brazil rose 3.8% in 2024, central bank data showed on Monday, marking another year of growth that consistently outperformed expectations in Latin America's largest economy.The result followed a seasonally adjusted 0.7% drop in the IBC-Br index in...Reuters
Mon, Feb 17
Irish goods trade surplus with U.S. hit record $52 billion in 2024
DUBLIN, Feb 17 (Reuters) - Ireland's goods trade surplus with the United States reached a record 50 billion euros ($52 billion) in 2024, highlighting how much more the U.S. imports than sells to the small EU member as President Donald Trump seeks to close such large trade gaps.The goods surplus ...Reuters
Mon, Feb 17
Israel economy grew 2.5% in Q4, 1% in 2024, statistics bureau
TEL AVIV, Feb 17 (Reuters) - Israel's economy grew less than expected in the fourth quarter of 2024, with the war in Gaza against Palestinian Islamist group Hamas taking its toll.The Central Bureau of Statistics said in an initial estimate on Monday that gross domestic product ILGDPP=ECI grew by...Reuters
Mon, Feb 17
Japan's GDP Expands for 3 Consecutive Quarters: Will the BOJ Hike Rates Sooner? Trump Matters!
With the release of Japan's Q4 2024 GDP data, the case for the Bank of Japan (BOJ) raising interest rates in January has become more solid, and the market is beginning to consider the possibility of the BOJ raising rates sooner. However, Trump's tariffs remain a risk factor.
Japan's 10-year JGB yield hits 15-year high as GDP beats expectations
TOKYO, Feb 17 (Reuters) - Shorter-duration Japanese government bond (JGB) yields rose on Monday, with the 10-year yield hitting a 15-year high after data revealed that the economy expanded more than expected in the fourth quarter, boosting bets for an interest rate hike.Reuters
Mon, Feb 17
RPT-IFC chief says it is doubling down on Pakistan, eyeing large infrastructure financing
Repeats story from Friday with no changesIFC chief says $2 billion annual investment in Pakistan not hard targetEyeing investment in infrastructure, agriculture, digital and financial sectorsCountry needs investment in big projects such as airports, energy and portsBy Ariba Shahid ISLAMABAD, Feb ...Reuters
Mon, Feb 17
