Financial Focus

Average salaries vary significantly across Europe—and so does the cost of living. But which countries offer the highest wages, and how do they compare when adjusted for purchasing power? According to recent data, there are various definitions of income, salaries, and earnings, each reflecting different economic perspectives. However, gross average monthly salaries offer a useful […]

Ray Dalio has raised the alarm about the rapid rise of U.S. debt, warning that America must act before suffering what he calls the financial equivalent of a “heart attack.” The billionaire investor explained that “debt accumulates like plaque” in a financial system—posing a growing problem for governments as interest payments eat away more and

Goldman Sachs has revised its forecast for the U.S. economy, lowering expected growth for this year to just 1.7%, down from the previous estimate of 2.4%. The main reason behind this downgrade is the escalation of the trade war under President Donald Trump. Wall Street has reacted sharply, with stock markets suffering significant losses due

Germany—the strongest economy in Europe—is facing a crisis. German car manufacturers, hit particularly hard by the economic downturn, are now looking to the upcoming elections for signs of improvement. The German automotive industry is in deep trouble, anxiously awaiting the results of the snap elections scheduled for February 23. With the economy slipping into recession,

The upward trend in gold prices is expected to persist, driven by rising perceptions of risk tied to U.S. President Donald Trump’s protectionist rhetoric. Experts told Anadolu Agency that gold’s role as a safe-haven asset is becoming increasingly prominent amid growing trade uncertainties. On Tuesday, gold reached a new record high of $3,017 per ounce—up

A student’s economic background strongly impacts academic achievement—especially in mathematics—according to the latest report by the European Training Foundation (ETF), titled “Training, Education, Skills and Employment: Trends and Developments 2024.” The findings are based in part on data from the OECD’s 2022 PISA test, which assesses the knowledge and skills of 15-year-olds worldwide. The data