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UK economy returns to growth, but only just, as Reeves plans budget
UK GDP grows 0.1% in August, revised July data shows 0.1% fallEconomists predict limited growth in Q3, budget uncertainty impacts spendingBank of England faces high inflation, weak growthBy William Schomberg LONDON, Oct 16 (Reuters) - Britain's economy returned to growth in August when it exp...Reuters
Thu, Oct 16
Swiss government slashes economic outlook for 2026 as tariffs set in
ZURICH, Oct 16 (Reuters) - The Swiss economy is forecast to grow by 1.3% in 2025 and 0.9% in 2026, the government said on Thursday, lowering its forecasts for next year as U.S. tariffs dampen activity in the export-orientated country.Switzerland is struggling to adapt to the 39% import duties impose...Reuters
Thu, Oct 16
Madagascar's new military ruler says he will be sworn in as president on Friday
African Union suspends Madagascar after coupRandrianirina to lead transitional government for up to two yearsRajoelina condemns coup, refuses to step down despite protests ANTANANARIVO, Oct 16 (Reuters) - Madagascar's new military ruler, Colonel Michael Randrianirina, said he will be sworn in...Reuters
Thu, Oct 16
FOCUS-Swiss Army Knife maker tries new tools to blunt Trump tariff blow
Victorinox boosts US inventory to mitigate tariff impactSurvey finds 45% of Swiss firms report declining orders Firm considers US end-of-line work to cut dutiable valueBy John Revill IBACH, Switzerland, Oct 16 (Reuters) - Swiss Army Knife maker Victorinox is trying to hold down its U.S. prices, ...Reuters
Thu, Oct 16
ECB’s Dolenc: Inflation risks are balanced around the baseline scenario
European Central Bank (ECB) policymaker and Slovenia's central bank acting Governor Primoz Dolenc said on Thursday that the central bank should hold interest rates steady unless new shocks hit. Dolenc pushed back on arguments that inflation could fall too low without further easing.Fxstreet
Thu, Oct 16
