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Investor confidence in Germany improved sharply in July, exceeding market expectations, according to the latest survey by the ZEW economic research institute. The economic sentiment index more than doubled to 26.3 points, up from 10.5 in June, outperforming analysts’ forecast of 17.5 points. ZEW President Achim Wambach said the stronger outlook reflects growing optimism
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Germany’s private sector activity contracted at its fastest pace in 18 months during June, according to the latest S&P Global survey. The Composite Flash Purchasing Managers’ Index (PMI) dropped to 48.0 from 48.8 in May, falling short of market expectations and remaining below the 50-point mark that separates growth from contraction. The decline was driven […]
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Switzerland has officially rejected a controversial referendum proposal to cap its population at 10 million, with approximately 55% of voters casting a “no” ballot. Championed by the right-wing Swiss People’s Party (SVP), the initiative mandated that if the population exceeded the threshold before 2050, the country would be forced to terminate its free
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A mass migration amnesty launched by Spain’s leftist government is offering a beacon of hope to hundreds of thousands of undocumented day laborers currently living in substandard shanty towns. The policy, a major pillar of Prime Minister Pedro Sanchez’s agenda, aims to harness the economic benefits of migration to counter the nation’s aging population. Undocumented