The European Central Bank (ECB) has reduced interest rates for the fourth time this year, simultaneously lowering its growth forecast for the eurozone amid political instability in its two largest
Thales denies allegations as bribery investigation impacts shares
Thales, a key supplier to the Armed Forces and Europe’s largest defense technology firm, has denied unspecified allegations following the announcement of a bribery and corruption investigation by the UK’s
Barclays claims French efforts to reduce deficit are ‘unattainable’
Economists at Barclays have criticised French Prime Minister Michel Barnier’s economic plans, calling the goals “unreachable.”
French bonds slump as hard-left secures majority in parliament
French government bond yields have slumped following Sunday’s election, putting the eurozone’s second-largest economy on track for a hung parliament.
French Economy ‘Stalling’ Amid Macron’s Election Turmoil
New data suggests that the French economy is “stalling” as uncertainty caused by a snap election halts business investment.
Russia’s economy is bolstered by escalating oil prices, overshadowing the impact of sanctions.
Forecasts indicate the Russian economy is set to surpass previous expectations and experience growth this year, as the increase in oil prices counteracts the effects of Western sanctions.
Russia Bans Diesel Exports To Squeeze Oil Market
Russia has banned the export of petrol and diesel as crude oil prices climb towards $100 per barrel. This is a major escalation, which will cause concern that Moscow is
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
Russia offers free grain to African nations
Only days after jeopardizing worldwide food supplies by withdrawing Russia from the Black Sea grain pact, Vladimir Putin has pledged to provide grain at no cost to six African nations.
Russia government seizes control of Danone and Carlsberg’s shares
The Russian government has assumed control of assets held by French dairy producer Danone and Danish brewing company Carlsberg, in a move initiated by Vladimir Putin to fund his unlawful
French Energy Titan Shuns EU with $2bn Investment in US Gas Sector
Total, the French energy behemoth, has declared its intent to establish a $2 billion (£1.6 billion) synthetic gas facility in the United States, thereby challenging Europe’s renewable energy ambitions.
French gas reserves fall to lowest in Europe
France’s gas reserves have reached the lowest level in Europe after widespread strikes protesting President Emmanuel Macron’s proposed pension reforms impacted imports.