A contraction hit the Brazilian economy in the first quarter of the current year which is the first contraction for the economy since its recession in 2016. According to government data, the contraction was of 0.2 per cent in comparison to the last three months of 2018. However the year-on-year...

The British Society of Motor Manufacturers and Traders (SMMT) reported that automobile production in the country in April fell by 44.5% in annual terms to 70,971 thousand units. This is the sharpest decline since the global financial crisis, writes Reuters. Car factories closed last month to avoid...

ECB’s vice-president sees low rates as a means to recover the economy of Europe. The vice-president of the European Central bank, Luis de Guindos thinks that the low rates are acting like “a boon for banks” whereby reading the debate grounds about if the “lenders should be compensated”.  ...

Rehn gives his view on what should be ECB’s next course of action vis a vis inflation targets. On Wednesday, 29 May 2019, talking to Reuters, the Bank of Finland’s Chief, Olli Rehn, said that the European Central Bank needs to reconsider its “monetary policy strategy” besides loosening up how it...

There can be “bouts of high volatility” in financial markets because of increasing uncertainty about global economic growth, warned the European Central Bank (ECB).   There can be further falls in asset prices could be triggered by a possible escalation of trade tensions and the...

The Trump administration of the United States stopped short of labeling China as a currency manipulator once again thereby potentially avoiding an aggravation of the currently acrimonious trade war between the two countries which are also the two largest economies of the world.   No country...

It was just a week ago that the Chinese tech giant Huawei was placed in its trade blacklist by the United States – but that did not stop a delegation of more than a hundred politicians and business leaders from South Korean visiting the company’s headquarters in China.   The team, which...

Negative consequences of the confrontation between the two largest economies began to affect the markets and companies around the world. Corporate investments in Japan decreased in Q1 by 1.2%, and private consumption - by 0.3% on an annualized basis, although GDP still grew by 2.1%, the statistical...

The Brazilian coastline mangrove forests stand as sentinels to check soil erosion by taking on the hit from climate change and rising water levels, but we need to save them from the humans as well as climate change phenomena. Brazilian fishermen like Jose da Cruz have been earning his living for...