With growing speculation among bitcoin investors that the United States regulators would approve a futures-based exchange-traded fund (ETF) which would, in turn, clear the path for more widespread investment in digital assets, the value of bitcoin surpassed $60,000 for the first time in six months...

Global policymakers were urged by the steering committee of the International Monetary Fund to keep a close eye on pricing dynamics, but also to "look through" inflationary pressures that the organization still believes are only temporary in nature and will ebb away with the normalization of...

IE Tower, which will be inaugurated on October 19, is one of the highest towers in Spain. It is designed and built to meet the ecological, educational and technological challenges of the 21st century. We met Juan José Güemes, President of the IE Center for Entrepreneurship & Innovation and Vice...

OPEC oil production rose by 486,000 bpd to 27.33 million bpd in September, according to OPEC's monthly report. Compared to August, oil production in September rose by 84,000 bpd in Iraq, by 139,000 bpd in Saudi Arabia, by 156,000 bpd in Nigeria and by 26,000 bpd in Kuwait, as well as in a number of...

Central banks must be prepared to act quickly in the event of rising inflation, said Gita Gopinath, chief economist at the International Monetary Fund (IMF). "Monetary policy can now count on a period of rising inflation to pass for now, but central banks must be prepared to act quickly on the...

Demand for oil fuel is rising in some parts of Asia amid growing gas prices, Patrick Pouyanne, head of TotalEnergies, told the Evolen conference in Paris. "What is happening with gas could be worrying for some emerging economies in Asia. Some Asian countries are now going back to using oil fuels,...

Head of Kraft Heinz said that consumers should get used to high food prices. The cost of food, according to him, will continue to rise due to the lack of suitable land for growing food. The UN had earlier reported that global food prices were rising to a 10-year high. Shoppers around the world...

The rapid growth of debt in most economies in 2020-2021 is not so much a separate event but an unexpected continuation of the debt booms triggered by the global crisis of 2008-2009. The fundamentally new reality of global debt increasing by 13 percentage points to 97% of global GDP in 2020 is not...

Worries about the economic outlook of the United Kingdom and concerns about the continued rise in prices have pushed down British consumer morale to the lowest point since February this year when the country was placed under stringent Covid-19 restrictions, claimed a report prepared by the Bank of...