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Portugal’s economy shows strong recovery in late 2024, defying expectations

In the final quarter of 2024, Portugal’s economy exhibited a notable upswing, defying earlier forecasts of stagnation. Key economic indicators, including retail sales, card spending, and car sales, surged by 11.9% year-on-year during this period, signalling a robust recovery in consumer confidence and spending. The Bank of Portugal’s composite indicators,[Read More…]

South Korea faces political crossroads as President Yoon’s impeachment trial begins

In an unprecedented political drama, South Korea’s President Yoon Suk Yeol faces an impeachment trial and potential arrest following his brief imposition of martial law last month. The Constitutional Court commenced proceedings on Saturday, 14 December 2024, to deliberate on the National Assembly’s decision to impeach Yoon, marking a critical[Read More…]

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