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Bei der Parlamentswahl in Bulgarien hat sich am Sonntagabend ein Sieg für das von Ex-Premier Bojko Borissow angeführte Mitte-rechts-Bündnis GERB-SDS abgezeichnet. Ob sich diesmal eine stabile Regierungsmehrheit ausgeht, bleibt auch nach der siebenten Wahl in weniger als vier Jahren ein weiteres Mal fraglich.

The US heavily taxed imports for much of its history before largely abandoning the policy, beginning in the 1930s, as government leaders embraced the idea of free trade. High tariffs made a comeback during the presidency of Donald Trump, who adopted them in an effort to revitalize American manufacturing and to counter what the US regards as China’s unfair trade practices. Trump’s successor Joe Biden kept the trend going.

Economists nudged up quarterly US economic growth projections through early next year on more sanguine views of consumer demand and maintained views that limited inflation will keep the Federal Reserve on a path toward lower borrowing costs.

Sentiment among US consumers increased in October to a six-month high as households grew more upbeat about buying conditions, partly because of cheaper financing costs.

The European Central Bank shouldn’t hurry to lower interest rates or spend too long right now contemplating how far and how quickly they should fall, according to Governing Council member Bostjan Vasle.

The Bank of Russia hiked its key interest rate to a record high, surpassing the level it imposed after President Vladimir Putin ordered the invasion of Ukraine, and signaled future tightening was possible as policymakers grapple with persistent inflation.

Mercedes-Benz Group AG plans to step up cost reductions after fierce competition and weaker demand in China hit the luxury-car maker’s profits.

Rene Haas, the chief executive officer of Arm Holdings, says AI’s impact will be ‘quite, quite dramatic’ and there’s no holding back smart cars.

The European Union said it still sees “significant remaining gaps” with Beijing after eight rounds of negotiations aimed at avoiding tariffs on Chinese-made electric vehicles that are due to kick in by the end of this month.

Germany’s business outlook improved in October — adding to evidence that the country’s economic downturn may be ending.

The US election next month will be a clash of visions that reverberates through the global economy for years to come.

China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record a month ago, suggesting authorities are cautiously pacing monetary stimulus to support the economy.

President Xi Jinping’s boldest economic stimulus since the pandemic failed to impress global luminaries gathered in Washington this week, who called for more measures to rebalance China’s growth and greater clarity over Beijing’s policy plans.

Catch up: Gaza ceasefire talks to resume; Guterres meets Putin

Catch up: Gaza ceasefire talks to resume; Guterres meets Putin

Switzerland’s efforts to forge closer links with the European Union are going to prove a hard sell with voters, according to a new poll showing that about half are skeptical about the bloc.

President Vladimir Putin said military relations with North Korea are “our business” as he avoided answering whether Pyongyang had sent troops to Russia.

The European Central Bank mustn’t keep interest rates too high for too long, according to Governing Council member Martins Kazaks, who said weakness in the euro-zone economy is now his “single biggest concern.”

The European Central Bank shouldn’t hurry too much to lower borrowing costs but remain flexible, according to Governing Council member Joachim Nagel.

The Group of Twenty’s finance ministers and central bankers see a “soft landing” for the world economy, but warned of mounting risks.

The European Central Bank should reserve big interest-rate cuts for exceptional circumstances, according to Governing Council member Gabriel Makhlouf, who said he prefers a “cautious” approach to ensure that inflation’s retreat to 2% stays on track.

European Central Bank Governing Council member Pierre Wunsch said it’s far too early to start considering a half-point interest-rate reduction in December.

The European Union is debating whether to hike tariffs on more Russian agricultural and food products, as well as fertilizers, according to people familiar with the matter.

China is pressuring its automakers to pause expansion in the European Union due to the escalating trade conflict over electric vehicles, people familiar with the matter said.

Views among European Central Bank officials about where to take monetary policy are starting to diverge as the institution’s 2% inflation target moves within close reach.

The downtrend in private-sector activity in the euro-area extended into a second month with the region’s two top economies weighing on output and little sign of a recovery to come.

Germany’s economy may end the year in stagnation after a shallow recession in the six months through September, according to the Bundesbank.

Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF.

Economic activity was flat in most parts of the US since early September, the Federal Reserve said in its Beige Book survey of regional business contacts.