Fernando Navarette, the European parliament’s member in charge of guiding the debate over creation of a digital euro, has reversed his position and now endorses the concept.
Tag: Global Economy
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CHINA’S FACTORY PROFITS JUMPED 15 PERCENT AS 2026 BEGAN
China’s industrial profits shot up 15.2 percent year over year during this year’s first two months, after managing to grow just 0.6 percent in all of 2025, the National Bureau of Statistics (NBS) reported last week.
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ECB READY TO RAISE KEY INTEREST RATE, LAGARDE SAYS
The European Central Bank (ECB) is poised to raise its policy interest rate “at any meeting…if appropriate,” bank president Christine Lagarde said at a 24 March financial conference.
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GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The job market continues to be shaped by economic uncertainty, technological change, AI and shifting worker expectations.
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ECONOMIC UPDATE
The socioeconomic and geopolitical destruction caused by the U.S./Israel war launched against Iran a month ago has rippled across the planet.
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SPOTLIGHT: BIGS GETTING BIGGER
3M and Bain Capital have partnered to buy Madison Fire & Rescue, a division of Madison Industries, one of the world’s largest privately owned companies.
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STABLECOIN ADOPTION MADE POSSIBLE BY TRUMP, WHOSE FAMILY STANDS TO BENEFIT
Stablecoins are having their moment in the U.S. as they become more intertwined in everyday life – supported by the stability that comes with being directly tied to the USD, and President Donald Trump, a one-time critic of cryptocurrencies, has been a major supporter of the integration.
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ARE TOKENS THE AI ECONOMY’S CURRENCY OF THE FUTURE?
Tokens are the standard of value in the AI’s data center industry and eventually will fill the same role for all businesses using AI, Jensen Huang, founder and CEO of Nvidia, the world’s leading AI chipmaker, said at Nvidia’s annual conference last week.
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GERMAN INVESTORS’ CONFIDENCE PLUMMETS
Confidence among Germany’s investors and financial analysts plunged in a new survey by the country’s ZEW research institute.