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Two worse-than-expected economic reports last week have deflated hopes the U.S. economy can make it out of this period of high inflation unscathed. ....
Buoyed by signs of an economic recovery, Finance and Economy Minister Choi Sang-mok said, Thursday, he sees rare signals of green light for the national economy. He was referring to Korea s economy growing 1.3 percent during the first three months of this year, the highest in 27 months. However, Choi might end up regretting his overly optimistic outlook in light of the formidable economic challenges facing the nation. ....
Economic sentiment took a hit across both the eurozone and the wider EU in April, according to survey data released on Monday, alongside a downturn in employment expectations. ....