India needs heavy rainfall during the monsoon season. Rain could stimulate agricultural production and prompt growth of the third largest economy in Asia, but so far the precipitations have not been enough, according to CNBC. In June, the first month of the monsoon season, the total rainfall in...

Stress on finding a diplomatic solution to the most recent trade spat with Japan was given by South Korea's president on Monday. The countries are facing a trade spat after Japan decided to curb exports of three crucial high-tech materials to South Korea which are used in manufacturing of...

Following an agreement between United States president Donald Trump and his Chinese counterpart Xi Jinping, trade representatives of both the countries would restart stalled negotiations to try and iron out a deal to bring an end to a trade war between the two largest economies of the world that...

Austria has hired banks to issue five-year bonds for €3 billion and can also issue 100-year bonds, writes Financial Times referring to a banker familiar with the situation. According to him, size of the hundred-year emission can reach €1 billion. The event will take place if investors are...

Since the end of 2017, increasingly more workers in Germany are switching to part-time work. Weak economic growth is reflected in the labor market, according to researchers from the ifo institute. German industry expects an increase in the number of workers transferred to part-time work. This...

The slowdown in economic growth in the euro zone should no longer be seen as a “temporary downturn,” and the European Central Bank should prepare for a worsening of the situation, said Olli Rehn, member of the ECB Board of Governors and Head of the Bank of Finland. "We have a number of tools that...

The United States has stepped up pressure on the European Union over the alleged subsidies that the block has been giving top to its aircraft making business. Just a couple of days after the US agreed to restart trade talks with China, Washington even threatened Brussels with tariffs on additional...

Experts at Morgan Stanley lowered the forecast for oil prices for the second half of 2019 after OPEC + decided to extend the deal to reduce oil production by the end of March 2020. Now analysts predict that Brent oil will cost an average of $ 65 per barrel compared to the previously expected $ 67.5...

There is a long road that the United States and China would be required to tread before both the parties would be able to achieve a trade deal, said Chinese state media, following the decision of the resumption of negotiations on trade talks between the two largest economies of the world to end the...