News
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France looking at option of defence loan
PARIS, March 7 (Reuters) - A budget-constrained France could launch a national loan to fund plans to beef up its defence spending, Prime Minister Francois Bayrou and Finance Minister Eric Lombard said on Friday.European countries are hastening to boost defence spending and maintain support for Ukra...Reuters
Fri, Mar 7
Fed's Powell gets chance to address trade war, stagflation fears
Powell to speak at monetary policy forum in New YorkFed's policy outlook clouded by economic uncertainty, tariffs Investors expect growth slowdown to offset tariff price impactBy Howard Schneider NEW YORK, March 7 (Reuters) - A soft landing from inflation may still be in sight, but when Feder...Reuters
Fri, Mar 7
Greek Q4 unemployment rises to 9.5%
March 7 (Reuters) - Greece's jobless rate rose to 9.5% in the fourth quarter from 9.0% in the third quarter, data by the country's statistics service ELSTAT showed on Friday.The jobless rate for women was 12.1% versus 7.5% for men in the fourth quarter.About 54% of Greece's 449,123 joble...Reuters
Fri, Mar 7
Ukraine's gas imports remain at low level despite Russian attack on gas production
KYIV, March 7 (Reuters) - Ukrainian gas imports from Europe remained at relatively low levels on Friday despite a massive Russian missile attack on Ukrainian gas production overnight, data provided by the operator of the state-run gas transmission system showed.Ukrainian state gas firm Naftogaz said...Reuters
Fri, Mar 7
Taiwan Feb exports beat forecasts as chip demand jumps before feared Trump tariffs
Exports jump 31.5% y/y vs +17.0% forecast in Reuters pollExports to China +27.9% y/y (prior month -11.7%)Exports to U.S. +65.6% y/y (prior month +0.7%)Taiwan sees export momentum trending upwards in Q1, Q2 By Faith Hung and Emily ChanTAIPEI, March 7 (Reuters) - Taiwan's exports rose more than ex...Reuters
Fri, Mar 7
A Wave of 500,000 Layoffs in 2025? Elon’s DOGE Is Eroding the Core of the Economy
TradingKey - The large-scale layoffs carried out by the US Department of Government Efficiency (DOGE) led by Elon Musk are eroding the US job market in 2025.The total number of layoffs is expected to reach 500,000 by the end of this year.TradingKey
Fri, Mar 7
Lower interest rates would boost investment, Polish finance minister says
WARSAW, March 7 (Reuters) - Investments are what Poland's economy needs most now and lower interest rates would support them, Polish Finance Minister Andrzej Domanski said on Friday.Poland is counting on investments bolstered by incoming pandemic recovery and resilience funds from the European U...Reuters
Fri, Mar 7
Hungary's OTP Bank boosts profits
BUDAPEST, March 7 (Reuters) - Hungary's biggest bank, OTP Bank increased its net profit last year to more than 1,076 billion forints ($2.9 billion), bolstered by its business with Russia where profits increased by more than 40% to 137 billion forints ($373 million).The jump in business in Russ...Reuters
Fri, Mar 7
