The WTO improved expectations of a decline in global trade due to the COVID-19 pandemic this year to 9.2%, but now only 7.2% growth is expected in 2021, according to the WTO report released on Tuesday. In April, the organization expected world trade to decline by 13-32% in 2020, depending on the...

Governments of member states of the International Monetary Fund (IMF) should note the low interest rate and take advantage of it to invest in infrastructure which will help in staging a recovery from the economic hit to the global economy by Covid-19 pandemic while also helping to move towards...

The novel coronavirus pandemic which has battered the global economy has largely not been able to affect the plans of new aircraft purchases by business jet operators even though the wider global aviation industry is amongst the worst hit sectors because of the pandemic. This was reported in an...

Food security is one of the critical concerns of humanity, representing one of the Sustainable Development Goals (SDGs) adopted by the United Nations. At a time when France's agricultural balance is experiencing lasting deficits, certain players have targeted the issue of food sovereignty and are...

The Hong Kong authorities will issue special iBond bonds for retail investors in November this year to protect the population from inflation. This was announced on Monday by the press service of the government of the special administrative region of China. It is expected that such securities will...

Financial services companies operating in the UK have relocated about 7.5 thousand employees to offices in the European Union and removed more than £ 1.2 trillion ($ 1.6 trillion) of assets from the country ahead of the UK's exit from the EU. At the same time, this trend is likely to continue in...

Those deals that were put on hold at the height of the novel coronavirus pandemic were revisited by companies and with boardroom regained confidence after a roller-coaster year, the third quarter of the current year saw a strong comeback of mergers and acquisitions.   M&A reached a...

The World Bank is seeking a fund of $12 billion to enable it to provide aid to the poorer countries to purchase and distribute vaccines for the novel coronavirus once they hit the market.   The Washington based institution has asked its board of directors to approve of the amount, the Bank...

All the “three major” stock indexes of the U.S. continued on the path of declines on a “weekly losing streak”. Main index of Wall Street saw a rise towards the end of last week as tech-related stocks led the way yet they are still heading towards “their longest weekly losing streak in a year” given...