Global stock markets took another hit Monday while oil and gold prices surged in response to the escalating tensions in the Middle East following the U.S. killing of Iran’s top general. The death of Qassem Soleimani in a U.S. drone strike has heightened geopolitical risks for financial markets, including concerns about potential disruptions to the […]
The European Union’s executive branch has cut its growth forecasts for the 19-country eurozone for this year and next and warned that conditions could worsen in the face of an array of uncertainties. The European Commission said Thursday that the single currency bloc is expected to grow 1.1 per cent this year, down 0.1 percentage […]
With Boris Johnson confirmed as the next leader of the Conservative Party and British prime minister, the outlook for the British economy has become murkier — and potentially more perilous. Johnson’s comprehensive victory over Jeremy Hunt has made it more likely that Britain could leave the European Union on Halloween without a withdrawal agreement, a […]