Investment Bank Julius Baer does not believe in the onset of a recession this year, but recommends investors to closely monitor the situation in China and the problems of the European Union. The current situation in the world indicates an increase in the risk of a slowdown in the global economy,...

A report by global consultancy firm PwC claims that by 2019, the Indian economy is most likely to become larger than that of United Kingdom and go up past it in the list of the world's largest economies. The climb of the Indian economy is likely to be of a permanent nature unlike those of UK and...

According to oil traders and the media, Venezuela would be forced to send more of its crude oil to refineries in China, India or other Asian countries because of the potential U.S. sanctions on the crude oil exports of the country which is expected to cut off the country’s access to the refiners in...

On Tuesday, the first significant decline in the indices of US stock exchanges was noted in the new year. Nervousness passed on to yesterday's trading in Asia and Europe. Analysts suggest that investors are still disturbed by the slowdown in the global economy and the trade war between China and...

The fight against poverty globally is being undermined by the growing gap between rich and poor and it is also damaging national economies and triggering public anger across the world, concluded the new global wealth and inequality report from Oxfam titled “Public Good or Private Wealth”.  ...

There are apparently some positive signs for the Chinese economy after the second largest economy of the world churned out some worry some indicators earlier this year.   Some experts are becoming more optimistic about the Chinese economy for 2019 following the rising possibility of a even a...

The total assets of funds investing in gold have updated the five-year maximum, exceeding the mark of 2.25 thousand tons. Uncertainty about prospects for the world economy in 2019, as well as expectations of a slowdown in the rate of growth of the Federal Reserve System (FRS) are forcing investors...

The International Monetary Fund (IMF) in its January macro-forecast once again lowered expectations for the growth of the world economy in 2019 and 2020, to 3.5% and 3.6%, respectively. In the past, the October forecast, the fund indicated that trade wars had the most negative impact. Now, however,...

The French Finance Minister informs that the global giants of digital sector could expect EU tax by the end of March. According to an interview of the Finance Minister of France, Bruno Le Maire, which was published on Sunday, January 20, 2019, the leading digital companies of the world could expect...