The Brussels-based KBC Group NV, the owner of K&H Bank in Hungary since 1999, has pointed to political uncertainty prompted by general elections in Bulgaria and Hungary as the main internal risks for its international markets business unit. The group posted a fourth-quarter result of EUR 1.003 billion on Feb. 12. In its overview, KBC
U.S. farmers are continuing to get slammed by President Donald Trump’s administration, as the closure of the Strait of Hormuz has drastically increased costs for the industry. CNN spoke with farmers for an update as they kick off the spring planting season. “They’re at a breaking point,” the report began. “A lot of farmer discouragement
Friday 10 April 2026 9:45 am Reeves has been urged to undertake broad tax reform. Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment. Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said
Consumer spending is the primary “engine” driving the U.S. economy. If buyers feel confident enough to spend freely, the economy benefits. But if the situation makes consumers feel more tightfisted, they tend to hold onto those dollars, instigating a cycle in which they spend less and less. This is the case right now due to
Friday 10 April 2026 12:02 am | Updated: Thursday 09 April 2026 2:31 pm Ed Miliband has been facing pressure from energy bosses and UK business. Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in
According to Business Monitor International, Hungary’s shrinking fiscal space means that tough budget measures will be unavoidable after the 2026 election, regardless of which party forms the next government. The analysts noted that the economy stagnated in 2024–2025 while inflation hovered around 4.4%, and Hungary has already lost EUR 2 billion in cohesion funds, with
Critics attacked President Donald Trump’s newest move against states as a “war” against betting market regulations meant to help enrich his family’s business interests, with one activist stating bluntly, “This is what corruption looks like.” According to a Thursday report from the Popular Information substack, Arizona, Connecticut and Illinois have launched lawsuits against “prediction market”
Hungary’s net issuance of state debt reached 67.5% of the full-year plan by the end of the first quarter, the Government Debt Management Agency (ÁKK) said in a press release. Net issuance totaled HUF 3.676 trillion, compared with a full-year target of HUF 5.455 tln. Net retail issuance came to HUF 425 billion, or 33%
Thursday 09 April 2026 1:51 pm The UK banking sector’s top bank has been crowned – and (spoiler) it’s not a bank. A new report from Forbes and market research firm Statista analysed the global banking system for the world’s top names in the sector. Over 54,000 people were surveyed across 34 countries in 17
President Donald Trump has left America’s economy far worse off than it had been as a result of his war against Iran, according to a number of experts. “American consumers have started to feel their budgets squeezed beyond gas prices from the U.S.-Israeli war in Iran, as energy costs have begun to pressure shipping, transportation