Economics & Finance

EU budget deal no closer after leaders’ all-night talks

European Union leaders appeared no closer to reaching a deal on the bloc’s next joint budget on Friday, with deep…

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G20 fin leaders see modest growth pick-up, coronavirus a risk – draft communique

Financial leaders of the world’s 20 largest economies (G20) expect a modest pick-up of global growth this year and next,…

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The Pentagon’s $35 Trillion ‘Accounting Black Hole’

While it shouldn’t come as a surprise for an organization that has famously failed to ever pass an audit, the Pentagon…

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Treasury’s Mnuchin sees U.S. GDP growth less than 3% in 2020

Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due…

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German industry output suffers biggest slump since 2009

German industrial output registered its biggest drop in more than a decade in December, highlighting the weakness of the manufacturing…

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