France will cut taxes for households and companies for €45 billion by the end of 2021, said Minister of Economy and Finance Bruno Le Maire. "We will cut taxes by €45 billion for households and businesses by the end of 2021. This is the largest tax cut in France in 20 years," the minister said at a...

The coronavirus pandemic will nullify three years of economic progress for a number of European countries, IMF chief Kristalina Georgieva said on Monday. “For the countries of Central, Eastern and Southeastern Europe, the pandemic will negate three years of economic progress, and it will be a...

Peruvian President Martin Vizcarra said that in October, the country is partially entering the fourth phase of economic reactivation, which includes a permit for rail and air travel. "From October, we will partially start the fourth phase, because we need to be careful... and keep progress in...

More and more investors could start taking interest in water “preservation and distribution”. CME reports that by 2025, nearly two-thirds of global population could be facing water shortage. We are all witness to the ravaging wildfires of California as a “clear enough sign” of the changing climate...

Consequences of the coronavirus pandemic may be less severe than was estimated in June, the fund’s spokesman Gerry Rice said on Thursday. "The latest data coming in suggests that the consequences (of the coronavirus pandemic) will be somewhat less severe than what was stated in the June 24 update,...

In the first three quarters, income from employment worldwide decreased by 10.7% compared to 2019, which corresponds to $ 3.5 trillion, or 5.5% of global GDP. Such data were published on Wednesday by the UN International Labor Organization (ILO). In the case of low- and middle-income countries, the...

In the second quarter of 2020, the net worth of US households and nonprofit groups reached a record high on the back of renewed stock market growth and measures to support the economy. According to the results of this quarter, the welfare indicator jumped 6.8% to $ 118.96 trillion, data from the...

The resurgence in stocks in the United States this year has been driven by the optimism that vaccines against Covid-19 are on the way which will bring an end to the novel coronavirus pandemic.     And in the coming weeks, with investors waiting to see the results of clinical data on...

The congress could soon expect notification for multiple weapon system sale to Taiwan, revealed sources to Reuters. The United States aims to trade “seven weapon systems” with Taiwan, while the systems contain “mines, cruise missiles and drones”. This information was provided by “four people...