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February 2025

Russian Economy Showing Signs of Cooling, Official Says

Ankara: Economic growth is no longer “at the forefront” in Russia, the country’s economic development minister said Monday, adding: ‘We are now seeing the first signs of cooling in the economy.’

According to Anadolu Agency, Maxim Gennadyevich Reshet…

Bank of England Warns of Static UK Economy Despite Slight Growth

South Wales: Bank of England (BoE) Governor Andrew Bailey on Monday cautioned that the UK economy remains sluggish, despite slightly better-than-expected growth figures reported last week.

According to Anadolu Agency, Bailey, during his visit to Sou…

Eurozone Trade Surplus Triples to $185.3B in 2024

Brussels: The euro area posted a trade surplus of pound 176.9 billion ($185.3 billion) in 2024, more than triple the previous year’s pound 57.4 billion, according to official data released Monday.

According to Anadolu Agency, the eurozone’s exports …