Saturday, 29 August 2026 · World
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EUROS The World Financial Report
Nº 49 Saturday, 29 August 2026 · World Edition
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Economy

Economy

The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.

All countries 🇦🇷 Argentina 🇦🇺 Australia 🇧🇷 Brazil 🇨🇦 Canada 🇨🇳 China 🇪🇺 Eurozone 🇫🇷 France 🇩🇪 Germany 🇮🇩 Indonesia 🇯🇵 Japan 🇷🇺 Russia 🇸🇦 Saudi Arabia 🇪🇸 Spain 🇨🇭 Switzerland 🇬🇧 United Kingdom 🇺🇸 United States

China’s monthly car ‌exports top 1m for first time as overall trade soars

Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn Business live – la…

Flawed metrics inflate US productivity as European industry contracts

Economist James Galbraith argues that widely cited US productivity advantages over Europe are statistical artifacts, masking a rea…

Strait of Hormuz closed as US and Iran exchange heaviest strikes yet

Iran's closure of the Strait of Hormuz and the subsequent exchange of the most intense military strikes since a nominal ceasefire …

Is the Strait of Hormuz still Iran's trump card?

Iran's latest attacks show it can easily disrupt shipping, energy markets and draw in Gulf neighbors. DW asks how much leverage Te…

UK growth forecast upgraded as AI cushions Iran war impact

The IMF has upgraded its UK growth forecast as artificial intelligence investment offsets Middle East energy shocks, though the fu…

Trump’s policy mayhem is making even the Maga faithful consider walking away

Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic trouble…

Half of Americans struggle to afford groceries and gas, exclusive poll finds

About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris sur…

Gas Stations Gain When Oil Prices Start to Drop

President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.

US job growth slows sharply, easing rate hike fears

US employers added just 57,000 jobs in June, missing forecasts and weakening real wages, while Wall Street rallied on hopes the Fe…

Trump Accounts to Receive $250 Million Donation From Chip Maker Micron

President Trump said the U.S. chip maker would make a significant donation to a new type of investment account created by the admi…

Latest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure

The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve…

US declines to renew USMCA trade pact with Mexico, Canada

Lengthy negotiations are expected as the Trump administration seeks changes to a trade deal with Mexico and Canada that has stream…

U.S. Declines to Renew USMCA Trade Deal, Starting 10-Year Clock to Expiration

The Trump administration said Wednesday it would not immediately request to renew the North American trade agreement, leaving busi…

Digital euro: The plan to Trump-proof the EU's economies

The EU’s central bank is preparing a digital euro to cut dependence on Visa, Mastercard and Apple Pay. Success hinges on giving co…

Trump Threatens to Impose 100% Tariff on European Countries Over Tech Taxes

The president claimed the tariffs would override a trade deal with the European Union, which European officials finalized just day…

Americans Are Feeling Better About the Economy, Consumer Survey Shows

Consumer sentiment rose in recent weeks after plummeting early this year as energy costs soared.

Bayer: Why so many Roundup weedkiller lawsuits?

Bayer was sued for failing to add cancer warnings to its controversial pesticide Roundup when US regulators opposed adding one. DW…

As Chinese Tech Pulls Ahead, U.S. Fears It Will Become Dependent

Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.

Trump offers Iran an economic lifeline — with strings

Iran has seen a speedy rebound in oil exports after the US-Iran deal granted immediate waivers on US sanctions. Relief on frozen a…

The man who knew, but didn't say: Alan Greenspan (1926-2026)

Alan Greenspan’s reputation as head of the US Federal Reserve was legendary — not least because of his reputation for convoluted s…

How Deal With U.S. Could Reconnect Iran to the Global Economy

The country has long faced some of the world’s heaviest sanctions. The lifting of restrictions could open new vistas on trade and …

Can Europe build its own AI heavyweights to rival the US?

With AI dominated by US firms, Europe is pushing for more independence. New partnerships, investments and startups aim to boost th…

US curbs Anthropic AI access, raising global concerns

The Trump administration has restricted foreign access to Anthropic's latest AI models over security fears, forcing a global shutd…

Elon Musk becomes world's first trillionaire after SpaceX IPO

SpaceX floated on the Nasdaq stock exchange on Friday, with shares trading 25% above the opening price at one point. The IPO has m…

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