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A Reuters poll shows economists are divided on the number of interest rate cuts the Bank of England will make this year, with 18 predicting one or two cuts and 16 predicting two or three.
A Reuters survey indicates that the Bank of England will cut interest rates to 3.25% by the end of September and maintain them until at least the end of 2026.
U.S. Defense Secretary Hergsays is close to severing the Department of Defense's ties with Anthropic.
February 16th - The UK's accounting regulator is considering revising its stringent auditing rules to encourage more Chinese companies to list in London. The Financial Reporting Council (FRC) said on Monday it would consult on temporary amendments to its "third-party auditor" policy. This move would allow Chinese-registered entities wishing to list Global Depositary Receipts (GDRs) in London to use Chinese auditing standards. There are growing concerns that the UK stock market is becoming less attractive to businesses and investors compared to Wall Street. Last year, initial public offerings (IPOs) in London raised the least amount of money in at least 30 years.
A spokesperson for the British Prime Minister said that Britain must accelerate the increase in defense spending.
Multiple sources familiar with the matter revealed that the European Union and the Indo-Pacific Economic Community, comprised of 12 countries, are in talks to explore forming one of the world's largest economic alliances.
February 16th - A train derailment occurred in the Valais canton of southwestern Switzerland on the 16th local time. Swiss Federal Railways stated on its website that the accident was caused by an avalanche. Train service between Gopenstein and Brig in Valais has been suspended, and rescue operations are still underway.
Indian trade officials: India has largely opened its agricultural sector to the United States through a quota system.
Market sources say the Russian delegation to the Geneva talks will expand to about 20 people.
Indian trade officials: The Chile Free Trade Agreement is India's first agreement to include a chapter on key minerals.
US Secretary of State Rubio: Reaching an agreement with Iran will be very difficult.
Indian trade officials: The US is expected to reduce tariffs on Indian goods to 18% this week.
Indian trade officials: India’s chief negotiator will travel to the United States next week to finalize a trade agreement.
February 16th - German Federal Interior Minister Dobrinth announced on the 16th that the German government will extend the temporary border control measures, originally scheduled to expire on March 15, 2026, for another six months. He revealed that border controls are part of a readjustment of Germany's immigration policy. The relevant notification is currently being submitted to the European Commission. Under current EU regulations, the Schengen Area does not have systematic border checks in principle; therefore, member states must follow formal notification procedures when reinstating or extending border controls.
India's gold imports in January totaled $12.07 billion.
On February 16, Meitu announced on the Hong Kong Stock Exchange that it spent HK$20.0151 million to repurchase 3.217 million shares at a price of HK$5.99-6.31 per share.
Hungarian Prime Minister Viktor Orbán: Ukrainian President Volodymyr Zelensky must organize elections.
Israel's Bureau of Statistics: Exports are projected to grow by 5.9% in 2025, private consumption by 2.6%, investment by 7.1%, and public spending by 1.7%. Israel's GDP is projected to grow by 3.1% in 2025, up from 1.0% in 2024; GDP per capita is projected to grow by 1.7% in 2025.
U.S. Secretary of State Rubio: (To Hungarian Prime Minister Orbán) The United States wants Hungary to thrive, because it is in the national interest of the United States, especially during your time as the leader of Hungary.
Indian trade officials: Gold and silver imports led to a significant increase in commodity imports in January.
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Apr 20, 2023 13:54