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Far-right and Catalonia: New elections in Spain 02/19/2019

UK's Brexit Gloom Increased By Honda’s Plant Closure 02/20/2019

UBS: China will increase debt in 2019 to support the economy 02/18/2019

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Economics

Public And Private Projects Being Delayed Due To Brexit: Galliford Try

Private companies are not delaying investment in the United Kingdom while the government remains busy preparing for the exit of the UK form the European Union, said the construction firm Galliford Try which means that investments in the private sector are already being significantly put off because...

Trade Talks Making Progress, Says China’s Xi Progress

There has been important progress in the trade talks between the United States and China, said the Chinese president Xi Jinping while talking to trade representatives from the US and added that the talks negotiations would continue further next week in Washington in an effort to resolve the ongoing...

U.S. Deficit In Current Budget Year Is 40% Higher Y-O-Y

The federal budget deficit of the United States government in the month of December 2018 was calculated to be at $13.5 billion. This resulted in the overall deficit for the fort three months of this budget year was 41.8 per cent more than the comparable period a year ago. According to the...

Morgan Stanley Predicts Need For More Foreign Capital For China From 2020

Banker Morgan Stanley believes that the China's economy is on a path of "long-term decline" and would require more of foreign capital for growth starting from 2020. According to a report prepared by Morgan Stanley, as China is all set to move in a period where it would have shortfall in...

Breaking The Myth About Invisibility Of Australian Economy’s 27 Year No Recession Period

Australia's economy, which has not seen a recession in the last 27 years, has long aroused curiosity for economists and academicians throughout the world as there are some folklore that has been built up surrounding this long stretch of good performance. Researchers claim that the...

Oil Exporters Are Yet To Completely Recover From 2014 Oil Shock, Says IMF's Lagarde

While there is still time for a complete recovery from the sudden and very steep oil price fall in 2014 for oil exporters, such entities should not therefore invest in "white elephant projects", warned the head of the IMF on Saturday. "With revenues down, fiscal deficits are only slowly...

Talks With Chinese President Xi Not Possible Before Trade Deadline: Trump

According to a news report published by Reuters, there are no plans of US President Donald Trump to meet his Chinese counterpart Xi Jinping before the end of the 90 day trade truce between the two countries that is being used by the two countries to strike a trade deal. Trump clearly said...

Sanctions against Venezuela hit US oil industry

Refineries in the United States spend billions on heavy grades of oil. Sanctions imposed by Trump against Venezuela forced them to rush to look for other suppliers. However, there are simply not enough raw materials: given reduction in production within OPEC, the market is facing a shortage. As a...

UK companies are stocking up for a rainy day

In anticipation of Brexit without an agreement, British companies are packing their warehouses with a wide variety of goods, ranging from food and ending with drugs and car parts. Nobody wants to leave Europe without an agreement. However, the British business is stocking up with absolutely...

Germany may face budget deficit in 2023

Germany will face a budget deficit of € 25 billion by 2023, if it does not reduce costs, as tax revenues will decline, and wages in the public sector will increase. This was reported by the Bild newspaper with reference to an internal document of the government. The deficit warning is contained in...