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...

The group has shown its support towards reducing “U.S. greenhouse gas emissions” by eighty percent in comparison to 2005 figures by 2050. The consortium of CEO in the U.S., the Business Roundtable, made up of the biggest companies in the country, revealed that it is in favour of “market-based...

Taxi service Uber Technologies Inc. wants to sell part of its stake in Chinese taxi service Didi Chuxing worth $ 6.3 billion, Bloomberg reported, citing sources familiar with the situation. Uber is in talks to sell a stake in Didi with Japanese SoftBank Group, which is a major shareholder in both...

The US Federal Reserve System (Fed), following the September meeting, left its key rate at 0–0.25% per annum. Judging by the dotted graph, the open market committee members are not expecting a rate hike until 2023. The authority has updated the wording on inflation target - now the Fed will strive...