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German steel output slips as weak demand interrupts recovery - EUROMETAL
2+ hour, 34+ min ago (321+ words) German crude steel production fell year on year for the first time in 2026 during July as persistently weak demand interrupted the sector’s recovery, steel industry association Wirtschaftsvereinigung Stahl said Sept. 9. Crude steel output totaled 2.68 million metric tons in July, down…...
ECB chief Lagarde says euro-area inflation shock will last longer than expected
2+ hour, 41+ min ago (234+ words) Lagarde says the inflation shock from the Iran war has further to run, while separately warning that sky-high AI valuations could be due a correction. European Central Bank president Christine Lagarde said the current inflation shock facing the euro area…...
Ron Paul says 'people ought to own the gold, not the government' as he doubts the accounting at Fort Knox is 'trustworthy' - AOL
11+ hour, 52+ min ago (864+ words) Ron Paul is urging Americans to swap cash for gold coins. In a recent interview with Kitco News, the former U.S. representative had some choice words about Treasury Secretary Scott Bessent’s handling of the current bond crisis, which he sees as…...
Euro area services production falls in June as Cyprus records mixed sector performance – Cyprus Inform
18+ hour, 18+ min ago (293+ words) Euro area services output declined in June, while Cyprus saw growth in professional services and transport alongside weaker accommodation and administrative activities. Nicosia, Cyprus. Services production across the euro area fell in June as growth in the sector lost momentum,…...
ECB???s Lagarde Says Eurozone Inflation Shock Will Last Longer - Other Media news
14+ hour, 27+ min ago (303+ words) "The current shock is longer-lasting," Lagarde told Ouest-France in an interview published on Saturday. She said continued conflict in the Middle East could keep energy markets volatile and prices elevated, even as higher costs threaten economic growth. Her comments came…...
Austrian economic outlook improving
1+ day, 2+ hour ago (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...
India Surpasses Russia to Reach Fourth Place in Foreign Exchange Reserves | Loktej Business, International, India News
16+ hour, 34+ min ago (412+ words) Mumbai, September 13. India's foreign exchange reserves have increased to the fourth position in the world. This is due to a significant inflow of funds under the FCNR(B) deposit scheme initiated by the RBI to attract dollars. For the week ending…...
Cyprus services show mixed performance as euro area output falls
18+ hour, 22+ min ago (749+ words) Services production across the euro area fell in June as the sector’s recovery from the previous month’s growth lost momentum, while data from Cyprus showed a more mixed picture, with professional services and transport expanding but accommodation and administrative activities…...
IMF???s austerity advice
1+ day, 2+ hour ago (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...
How come the US can print all the dollars they want and other countries with currencies tied to the…
13+ hour, 46+ min ago (35+ words) How come the US can print all the dollars they want and other countries with currencies tied to the dollar cannot do that? All currencies cannot just print money all they want. There have no …...