Desperate for peace, Ukraine embraces Trump – POLITICO

Desperate for peace, Ukraine embraces Trump – POLITICO

“I think President Zelenskyy has played it extremely well,” said Volker. “By aligning himself with what President Trump wants, he’s made it clear that the problem is not Ukraine. The problem is Putin.” The next weeks will be crucial for Kyiv and for Moscow. “I think Trump is going to call Putin and tell him … Read more

Interest rates won’t fall as fast as expected if tariffs stoke inflation, UBS CEO says

Interest rates won’t fall as fast as expected if tariffs stoke inflation, UBS CEO says

UBS CEO Sergio Ermotti during the annual meetings of the IMF and World Bank in Washington, DC, onOct. 23, 2024. Bloomberg | Bloomberg | Getty Images An expected decline in interest rates could be stalled if the prospective tariffs of Donald Trump’s second White House administration bleed into markets and shore up inflation, UBS CEO … Read more

Don’t fear the far right – POLITICO

Don’t fear the far right – POLITICO

Holzmann recalled that, back in the 1960s, the FPÖ was the first party to back Austrian membership of the European Economic Community, which evolved into the EU. In this respect, frequent comparisons to the Alternative for Germany (AfD) party, which started out as a Euroskeptic party and turned into political home for right-wing extremists, may … Read more

Traders add to Bank of England rate cut bets after data shocks

Traders add to Bank of England rate cut bets after data shocks

Piccadilly Circus is seen at dusk, on 7th January 2025, in London, England.  Richard Baker | In Pictures | Getty Images LONDON — Traders bet on more Bank of England rate cuts this year after weak retail sales data added to the latest in a run of data surprises this week. Sales volumes fell 0.3% … Read more

Relief for Reeves as UK inflation falls slightly in December – POLITICO

Relief for Reeves as UK inflation falls slightly in December – POLITICO

The Office for National Statistics said cooling in the restaurants and hotels sectors contributed to the slowdown in price increases. Listen AI generated Text-to-speech Share Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All … Read more

All Eyes On Final Jobs Report For 2024: What To Expect In 2025

All Eyes On Final Jobs Report For 2024: What To Expect In 2025

The Bureau of Labor Statistics (BLS) is set to release the final jobs report for 2024 on Friday, with experts predicting more uncertainty in 2025. The U.S. labor market slowed in 2024, with job growth returning to pre-pandemic levels. Though the economy added about 180,000 jobs per month through November, unemployment rate rose slightly, remaining … Read more

Centre Leaves Interest Rates On Small Saving Schemes Unchanged For Q4 FY 2024-25

Centre Leaves Interest Rates On Small Saving Schemes Unchanged For Q4 FY 2024-25

Last Updated:December 31, 2024, 19:39 IST The government notifies the interest rates on small savings schemes, majorly operated by post offices and banks, every quarter. The interest rates for popular Public Provident Fund (PPF) and post office savings deposit schemes too have been retained at 7.1 per cent and 4 per cent, respectively. The government … Read more

Jefferson Parkway dispute ends, could breathe new life into toll road

Jefferson Parkway dispute ends, could breathe new life into toll road

Plans to build the contentious Jefferson Parkway toll highway through Broomfield and Jefferson counties — part of a conspicuously missing segment in metro Denver’s 83-mile beltway — are set to come back to life after years of delays, resistance and litigation. But don’t expect the earthmovers and asphalt pavers to roar to life anytime soon on … Read more

Mortgage rates rise for second straight week

Mortgage rates rise for second straight week

Mortgage rates spiked this week to the highest level in five months, ending the year slightly higher than where they started. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.85%, up from last week’s reading of 6.72%. The average rate on … Read more

Eurozone faces no 2010 wildfire, but a slow-burn decline – POLITICO

Eurozone faces no 2010 wildfire, but a slow-burn decline – POLITICO

Only, some in the boat are baling and paddling more vigorously than others. As Bank of France Governor François Villeroy de Galhau told a radio interviewer recently, France is alone in not having made the reforms that many of its neighbors (“even the Italians!”) have made since the last crisis. And, while political will at … Read more