Paul Hannon

World trade flows rose for a second straight month in May, a sign of economic resilience in the face of the conflict in the Middle East that may be challenged by a fresh wave of U.S. tariff hikes.

World trade flows rose for a second month in May, a sign of economic resilience that may be challenged by a fresh wave of U.S. tariff hikes.

Russia's central bank Friday cut its key interest rate for a tenth straight meeting, despite raising its forecast for inflation to reflect Ukraine's drone attacks on Russian oil refineries.

Compared to its peers, the U.K. has seen little inflation impact from the conflict.

The Bank of England is expected to leave its key interest rate unchanged Thursday, but signal a readiness to increase borrowing costs should the

The Bank of England is unlikely to raise its key interest rate this year or next, despite a sharp pickup in inflation over the second half of 2026, the National Institute of Economic and Social Research said Wednesday.

Eurozone wage growth is set to slow this year despite a pickup in inflation that has accompanied the conflict in the Middle East, according to new European Central Bank figures.

Ireland's economy returned to growth in the three months through June, boosting hopes for a pickup across the eurozone as a whole, where activity stagnated in the first quarter.

The Bank of England left its key interest rate unchanged Thursday, mirroring the Federal Reserve while signaling its readiness to raise borrowing

The use of relatively simple AI tools can help developing economies overcome a shortage of expert knowledge to boost economic growth, although they