Global Economy

The latest Economy News from the American Stock News: breaking news on the global economy and international investments

The Atlantic, Kattegat and Skagerrak: Commission proposes 2023 fishing opportunities with catch limits’ increases for largest stocks

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Today, the Commission published its proposal for catch limits for fish stocks in the EU waters of the Atlantic Ocean, Kattegat and Skagerrak for 2023, including for deep-sea stock for 2023 and 2024. The proposal concerns 17 total allowable catches (TACs) for the fisheries operating on stocks managed solely by the EU.

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Inflation in the Czech Republic Reached 18 Percent in September

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Year-on-year inflation in the Czech Republic reached 18 percent in September, according to data published Wednesday by the Czech Statistical Office (CSU). While the previous month saw the first dip in inflation for more than a year, it grew by 0.8 percent in September, reaching the highest year-on-year rate since December 1993. In year-on-year terms,

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OPEC to Cut Oil Production in Boost for Russia, Rebuke to Biden

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The Organization of Petroleum Exporting Countries (OPEC), along with Russia and other oil producers, announced on Wednesday that they would cut production targets by 2 million barrels a day, an action that could help Moscow pay for its war with Ukraine and hurt U.S. President Joe Biden’s chances to further cut gasoline prices for American

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