Russia is preparing to revamp its 2025 budget amid a sharp decline in energy revenues, signaling the possibility of a wider deficit on the horizon. As reported by The Moscow Times, the government plans to adjust its spending strategy in response to oil and gas earnings falling short of expectations
Argentina’s inflation is set to ease to 28.6% by year-end, Reuters reveals. This encouraging decline marks a significant shift from earlier highs, showcasing the government’s relentless efforts to stabilize the economy amid ongoing challenges
The European Union has updated its growth forecasts for Italy for 2025 and 2026, highlighting worries about falling productivity and the effects of tariffs. This revision sheds light on the persistent economic hurdles the nation is grappling with as global trade dynamics continue to shift.
Germany has made a significant revision to its tax revenue forecasts, dramatically cutting estimates for 2029 by more than 80 billion euros. This substantial downward adjustment highlights the persistent economic challenges the country faces, including escalating costs and uncertainty in global markets, which are all taking a toll on fiscal planning
In April, German inflation dipped to 2.2%, just shy of what analysts had anticipated. This decrease offers a glimmer of hope in easing price pressures, yet it also underscores the ongoing hurdles facing the economy as policymakers strive to steer recovery through a landscape marked by persistent volatility.
The UK’s walnut market is poised for exciting growth, projected to expand at a compound annual growth rate (CAGR) of over 1.5% over the next decade, as revealed in a recent report by IndexBox. This upward trend is fueled by a surge in health consciousness and an ever-growing appetite among consumers for nutritious snacks.
The UK’s soybean oilcake market is set to witness a steady rise, with an anticipated CAGR of 0.5% leading up to 2035, as highlighted in a recent report by IndexBox. This gradual growth underscores the persistent demand from the livestock sector and the shifting preferences of consumers.
A recent central bank survey reveals that more Canadian firms anticipate a potential recession within the next year. Concerns over economic stability are rising, with business leaders increasingly wary of inflation and interest rate impacts on growth.
Despite the recent decline in the Australian dollar and stock market, experts warn that the United States stands to lose the most from Trump’s escalating tariff war. Analysts emphasize that unintended consequences may hit American consumers and producers hardest.
In 2025, Bain & Company projects that India’s online shopping landscape will be transformed, driven by advanced technologies and changing consumer preferences. With increased mobile penetration and enhanced logistics, e-commerce is set to thrive, reshaping retail dynamics nationwide.
India’s IndiGo plans to expand its international route capacity significantly by fiscal year 2030, aiming to enhance connectivity and meet growing demand. This expansion reflects the airline’s strategic focus on international markets, bolstered by a robust fleet.
Brazil’s Finance Minister has revised the estimated costs of a proposed tax exemption, lowering it to $4.75 billion. This adjustment aims to alleviate concerns over fiscal impact while stimulating economic growth, according to Reuters Canada.
As the US intensifies its trade war strategies, Australia may face significant repercussions. With supply chains interlinked and economic dependencies on the US, the next round could strain both trade relationships and domestic industries.
Cyclone Alfred is expected to adversely impact Australia’s GDP for the March quarter, according to the Treasurer. The severe weather event has caused significant disruptions, highlighting the economic challenges posed by natural disasters in the region.
Brazil’s economy is projected to grow by 3.4% in 2024, driven by robust domestic demand. However, recent indicators of year-end weakness suggest that further interest rate hikes may be limited, prompting analysts to reassess monetary policy outlooks.
Spain’s economy is projected to grow by 2.7% in 2025, driven primarily by strong private consumption, according to the central bank. This optimistic forecast highlights resilience in consumer spending as the country navigates post-pandemic recovery.
In a stark reversal from his optimistic forecasts, former President Trump now warns Americans of impending economic turbulence. As inflation rises and market volatility persists, many are questioning the sustainability of his earlier promises of a robust economic boom.
Germany may face a recession due to potential U.S. tariffs, warns Bundesbank chief. The trade barriers could impact the country’s export-driven economy, raising concerns over growth prospects and prompting calls for policy adjustments.
In an exclusive report, analyst Mary Meeker raises alarms for “USA Inc.” regarding economic vulnerabilities and fiscal challenges. Her insights emphasize the need for strategic reforms to bolster resilience against potential downturns.
Argentina’s economic analysts are expressing renewed optimism regarding inflation and growth projections for 2025. Recent assessments indicate a potential stabilization in the economy, suggesting improving conditions following years of volatility.
