Tag: Donald Trump

Luxembourg’s Revenue Increases by 9.9%, Yet Deficit Hits €339 Million

By the end of September 2026, Luxembourg's state revenue saw a significant increase, reaching €23.9 billion. This marks a 9.9% rise compared to the same period in the previous year, primarily driven by robust tax collections. Notably, corporate income tax revenue surged to €3.3 billion, reflecting a 21.4% increase, while the solidarity tax revenue rose by 9.1% to €610 million. Additionally, the newly implemented...

Italy’s Economy Grows 0.2% in Q2 2026, Driven by Domestic Demand

In the second quarter of 2026, Italy's economy experienced modest growth, with its Gross Domestic Product (GDP) increasing by 0.2% compared to the previous quarter. This growth aligns with earlier estimates and marks a 1.0% year-on-year increase in GDP. The positive economic performance was primarily driven by a 0.2% rise in both household and nonprofit consumption, as well as gross fixed investment. During this period,...
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Trump Calls for Stability to Protect Economic Interests Amid Beirut Strikes

US President Donald Trump has voiced concerns over Israel's recent airstrikes on the southern suburbs of Beirut, cautioning that these actions might jeopardize diplomatic...