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UAE, Qatar Seek New Gulf-Asia Trade Corridor in Landmark Agreement with South Korea
The United Arab Emirates signed a new trade agreement with South Korea the day after it left OPEC, cutting tariffs on most traded goods, seeking an increase in trade exchanges and cementing economic ties between the two countries…
Germany Has the Cash to Revitalize Its Economy, but Can’t Seem to Spend It
A mammoth economic stimulus passed last year in Germany was meant to jolt the country—and Europe—out of its economic slumber. The problem: Germany has been reticent to spend the money, according to a Wall Street Journal analysis…
ECB Rate Hike in June Is ‘All But Inevitable,’ Kazimir Says
It’s highly likely that the European Central Bank will have to raise interest rates at its next meeting in June due to the Iran war, Governing Council member Peter Kazimir said, Bloomberg News reported. While officials aren’t pre…