India and the European Union struck a landmark trade deal earlier this week, effectively opening up the entire European market for Indian businesses, according to analysts at Deutsche Bank. The deal is expected to double EU exports to India by 2032 by eliminating or reducing tariffs in 96.6% of traded goods by value, according to ...
Fitch Ratings has assigned a ‘AA-‘ rating to Port Authority of New York and New Jersey’s (PANYNJ) proposed $300 million Consolidated Revenue Bonds, 251st Series. The Rating Outlook is Positive. Fitch has affirmed the following outstanding senior-lien parity obligations at ‘AA-‘: –Parity consolidated bonds; –New York Liberty Development Corp.’s (NY-LDC) Liberty Revenue Refunding Bonds, Series ...
The German government has reduced its growth forecasts for 2026 and 2027, citing increased uncertainty in international trade. The government cut its 2026 growth projection to 1.0% from the previous 1.3%, as reported last week. Despite the downward revision, this forecast still represents a significant improvement over the 0.2% expansion recorded in 2025, which followed ...
This year’s World Economic Forum Annual Meeting took place during a moment of global uncertainty. Conversations often returned to the same underlying tension: we are innovating faster than ever, yet our ability to collaborate and coordinate that innovation is under strain. Economic, technological and sustainability ambitions are rising directly alongside geopolitical fragmentation and regulatory divergence, ...
The European Central Bank may need to consider another interest rate cut if further gains in the euro start to weigh on inflation, Austrian central bank governor Martin Kocher said in an interview with the Financial Times reported on Wednesday. Kocher, a member of the ECB’s governing council, said recent strength in the single currency ...
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InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Fed leaves rates unchanged... when we might get the next cut... consumer confidence plummets... but 401(k) wealth soars... how to be on the right side of this divideThe post The Fed Pauses Rate Cuts – But AI Wealth Is the Real Story appeared first on InvestorPlace.
* October 1- The Government approves the budget rectification.
The last quarter of 2025 was dominated by the effort of the Government led by Prime Minister Ilie Bolojan to keep Romania on the deficit path negotiated with Brussels and to avoid slippages that could have pushed public finances into a systemic risk zone.
