IMF: Milei's Reforms Stabilized Argentina's Public Finances
IMF Managing Director Kristalina Georgieva positively assessed the macroeconomic stability in Argentina following Javier Milei's reforms, but warned about the rise in informal employment.
Global markets, large corporations, trade wars, commodities, and trends that affect the Bulgarian economy.
IMF Managing Director Kristalina Georgieva positively assessed the macroeconomic stability in Argentina following Javier Milei's reforms, but warned about the rise in informal employment.
Brent crude oil prices recorded a sharp decline of over 9% within a single trading session. The main driver for market volatility is the decision by the US and Iran to cease their mutual military strikes.
Replacing Huawei and ZTE components in the EU's critical infrastructure will cost the industry between 30 and 40 billion euros, GSMA warns. The amount is much higher than the European Commission's estimates.
Although American voters link tariffs to high prices, the massive revenues for the state budget make abandoning protectionism difficult for any future president.
British companies recorded their first expansion in economic activity after a quarter of decline. Lower commodity and service prices are supporting manager optimism.
Italian experts warn that heatwaves are already acting as an implicit "climate tax," causing losses of up to 12 billion euros annually for the country.
The European Commission has approved the deal in which Saudi Arabia's sovereign wealth fund acquires the American gaming giant for $55 billion.
German authorities conducted raids at Deutsche Bank's headquarters in connection with old Postbank transactions. The investigation focuses on Cum-Cum schemes used to avoid dividend taxes.
Washington's trade policy, aimed at protecting the aluminum industry, is leading to a sharp spike in prices and deepening US dependence on imports.
Mark Warner warns of a dangerous information asymmetry after Donald Trump's company offered a service for rapid access to his messages for high monthly fees.
Swiss giant Sandoz is preparing for negotiations with US authorities following Donald Trump's plans to impose massive tariffs on generic drug imports.
An analysis by iBanFirst shows that Spain's victory in the Football World Cup could generate between 2 and 4 billion euros in economic activity through tourism and exports.
Lisbon and Rabat are planning the construction of a new electricity interconnection to improve the energy security of the Iberian Peninsula and reduce the region's isolation.
Beijing is introducing new consumption taxes on photovoltaic cells and batteries. The goal is to restructure the industry and eliminate uncompetitive manufacturers.
The International Monetary Fund has approved immediate access to nearly $690 million for Ukraine. Despite achieved targets, the institution warns of risks regarding reform delays and pressure on foreign exchange reserves.
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