News
Stagflation warning lights flash for the eurozone as private sector contracts in April
1+ hour, 50+ min ago (463+ words) Companies are raising prices at the fastest rate in more than three years, even as output contracts. Europe's economy is being squeezed by a toxic mix of stagnant growth and surging prices. That's the stark signal from a closely watched…...
German government slashes growth forecast amid Iran war fallout
15+ hour, 26+ min ago (702+ words) Merz's government blames rising fuel costs and geopolitical shocks for renewed weakness, but economists say the coalition shares the blame. Europe's economic engine is sputtering yet again, and the outlook is getting worse with every day that the conflict in…...
IMF: War threatens to turbocharge looming government debt crisis
1+ week, 14+ hour ago (467+ words) Aging populations and more price-sensitive bond markets are providing a dangerous backdrop for the latest war-driven surge in government spending. The U. S. -Israeli war on Iran is threatening to make the dire state of government finances around the world even worse,…...
City of London braces for energy shock to turn into a full-blown meltdown
3+ week, 1+ day ago (923+ words) Financial markets have worried about a crash for years. What's coming could be worse. LONDON " At a City dinner in November, cheers erupted around the room as artificial intelligence darling Nvidia reported its results. In the weeks leading up to…...
Iran war risks private credit crisis and AI bubble bursting, Bank of England warns
3+ week, 1+ day ago (695+ words) U. K. central bank warns negative supply shock increases the odds of "vulnerabilities crystallising at the same time." LONDON " The Bank of England warned Wednesday that the ongoing U. S. conflict with Iran could cause already-existing weaknesses in the financial system to bubble over,…...
Iran war drives inflation up to highest level in over a year
3+ week, 2+ day ago (242+ words) ECB officials are agonizing over how to respond. The war on Iran is already morphing into a war on European consumers. Eurozone inflation jumped to its highest in over a year at 2. 5 percent in March due to soaring fuel prices,…...
Brussels warns Iran war will hit growth, raise prices
3+ week, 6+ day ago (30+ words) The war in the Middle East risks reducing EU growth by 0. 4 percentage points this year and driving up inflation, creating a dreaded cocktail known as stagflation, according to the. .....
Inflation spike from Iran war could derail rate cuts, warns Bank of England
1+ mon, 3+ day ago (535+ words) The Bank of England warned it may have to take a tougher line on interest rates as the spike in energy prices caused by the U. S. -Israeli war on Iran pushes inflation higher. "Monetary policy cannot reverse this shock" to world…...
Fog of war clouds global rate cut outlook
1+ mon, 5+ day ago (1227+ words) President Donald Trump is demanding that the Federal Reserve immediately lower borrowing costs. But the war in the Middle East has now made any interest rate cuts much less likely in 2026 " not just in the U. S. but around the world. The…...
Never mind Winston Churchill and beavers, here's what should really be on Bank of England notes
1+ mon, 1+ week ago (441+ words) What was intended as a way to refresh the look of the currency and new anti-counterfeit measure has developed into a full-blown culture war. The Bank of England's announcement that historical figures will be replaced with wildlife on the next…...