Greece sees economy growing by 2.4% in 2026 draft budget

Goldman Sachs has raised its forecast for copper prices in 2026, signaling a positive outlook for the metal's market. This adjustment reflects anticipated demand growth, particularly in sectors like electric vehicles and renewable energy, which rely heavily on copper. Investors and industry stakeholders are likely to view this news favorably, as rising copper prices can indicate a strengthening economy and increased industrial activity.

Greece is projecting a robust economic growth rate for 2026, signaling a positive outlook for the country's financial future. This forecast is significant as it reflects the government's efforts to stabilize and enhance the economy after years of challenges. A growing economy can lead to increased job opportunities and improved living standards for citizens, making this news particularly important for both local and international stakeholders.

HSBC has raised its stock price target for ASML to EUR 1,018, reflecting a strong growth outlook for the company through 2026. This adjustment highlights investor confidence in ASML's future performance, particularly in the semiconductor industry, which is poised for significant advancements. Such positive forecasts can influence market trends and investor decisions, making it an important development for stakeholders.

The US federal government shutdown has now entered its sixth day, raising concerns about potential layoffs for federal workers. This situation is critical as it not only affects the livelihoods of thousands but also disrupts essential services and operations across the country. The ongoing impasse in Congress over budget negotiations highlights the challenges of political gridlock, making it imperative for lawmakers to reach a resolution soon to prevent further economic fallout.

Greece is on track to achieve a significant milestone, with forecasts indicating that its debt ratio will drop to pre-bailout levels by 2025. This is a remarkable turnaround for a country that faced severe financial challenges over the past decade. The reduction in borrowings reflects improved economic stability and could boost investor confidence, making it a pivotal moment for Greece's recovery.

UK construction firms are facing a significant downturn, potentially marking their longest slump since the financial crisis. A recent survey highlights that uncertainty surrounding the upcoming budget is heavily impacting the sector. This situation is concerning as it not only affects builders but also has broader implications for the economy, signaling a lack of confidence and investment in future projects.

The potential US government shutdown raises concerns about the publication of key economic data, which could impact markets and decision-making. If federal agencies halt operations, important reports on employment, inflation, and growth may be delayed, leading to uncertainty for businesses and investors. Understanding these implications is crucial as they can influence economic forecasts and policy decisions.

The Tories are set to announce additional cuts to the foreign aid budget, aiming to restore their image of fiscal responsibility following the controversial Truss mini-budget. This move raises concerns about the impact on international aid and the party's commitment to global responsibilities, highlighting a significant shift in priorities that could affect vulnerable populations.

The U.S. Treasury Department is moving forward with plans to introduce a commemorative $1 coin featuring former President Donald J. Trump in 2026, coinciding with America's 250th Anniversary. This initiative not only honors a significant milestone in American history but also reflects the ongoing interest in commemorative coins that celebrate influential figures. The coin could become a collector's item, sparking conversations about Trump's legacy and the nation's history.

In a strategic move, President Macron has appointed a loyalist to tackle the ongoing budget challenges in the French government. This decision is significant as it reflects Macron's commitment to fiscal responsibility and reform, aiming to stabilize the economy and regain public trust. The new appointee is expected to bring fresh perspectives and effective solutions to the pressing financial issues, which could ultimately enhance the government's credibility and effectiveness.

French Prime Minister has appointed Roland Lescure, a loyalist of President Emmanuel Macron, as the new finance minister. This strategic move aims to strengthen the government's position in passing the upcoming budget. Lescure, who has been part of the centrist En Marche movement since 2017, brings valuable experience to the role, which is crucial for navigating the complexities of fiscal policy and ensuring economic stability.

Universal Pictures is taking a firm stance on the budget for the final Fast & Furious movie, stating that it will only proceed if costs are reduced to $200 million. This decision comes after the studio invested a staggering $1.1 billion in the last three films of the franchise. This move highlights the financial pressures in Hollywood and the need for studios to manage budgets more effectively, especially for blockbuster franchises.

Goldman Sachs has raised its price target for Nvidia, highlighting the potential strategic advantages stemming from Nvidia's partnership with OpenAI. This move reflects confidence in Nvidia's growth prospects, particularly in the AI sector, which is becoming increasingly vital in technology. Investors should pay attention to this development as it signals optimism about Nvidia's future performance and its role in the evolving landscape of artificial intelligence.

Creating a withdrawal strategy for retirement income is crucial for ensuring financial stability in later years. This article discusses effective methods to manage your retirement funds, helping individuals make informed decisions about their finances. With the right approach, retirees can enjoy their golden years without the stress of financial uncertainty.

Citi's stock has received an Overweight rating from Piper Sandler, particularly in light of the ongoing sale of Banamex. This positive outlook reflects confidence in Citi's strategic moves and potential for growth, making it an interesting time for investors to consider their positions in the bank. The sale of Banamex is a significant step for Citi, and analysts believe it could enhance the bank's overall performance.

Piper Sandler has reaffirmed its Overweight rating on Brixmor Property stock, signaling confidence in the company's performance and potential for growth. This endorsement is significant as it reflects the firm's belief in Brixmor's ability to navigate market challenges and deliver value to investors, making it a noteworthy consideration for those looking to invest in real estate.

Beacon Rise has successfully entered into an agreement to acquire a chiropractor for £0.71 million. This acquisition is significant as it not only expands Beacon Rise's portfolio but also enhances its service offerings in the healthcare sector, potentially leading to improved patient care and increased revenue.

Arcutis Biotherapeutics has seen a significant boost in its stock value following the FDA's approval of its eczema cream specifically designed for young children. This approval is a major milestone for the company, as it not only opens up a new market but also addresses a critical need for effective eczema treatments in pediatric patients. The positive reception from investors reflects confidence in the product's potential to improve the quality of life for many families dealing with this common skin condition.