Germany met NATO 2% defence spending target in 2024, sources say
BERLIN (Reuters) – Germany met the NATO alliance’s target to spend 2% of its gross domestic product on defence in 2024, finance ministry sources said on Monday, and finished the year with a reserve of 10.7 billion euros ($11.04 billion). Germany
Seeking market confidence, Israel central bank urges budget passage without changes
By Steven Scheer JERUSALEM (Reuters) – Israel’s monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the minutes of the Jan. 6
Bank of England says it is open to pro-growth bank reforms
LONDON (Reuters) -The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday. With incoming
BofA sees Norges Bank holding rates, flags hawkish risks
Bank of America (BofA) analysts projected that Norges Bank, Norway’s central bank, would maintain its key interest rate at 4.50% this week. The decision is based on recent data that leans slightly more hawkish compared to Norges Bank’s forecasts.
Trump’s Musk-led advisory panel to face lawsuit, Washington Post reports
WASHINGTON (Reuters) – Donald Trump’s government advisory panel, led by billionaire ally Elon Musk, will be sued soon after the incoming U.S. president is sworn in on Monday, the Washington Post reported, citing a copy of the planned complaint by