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Global CO₂ Concentrations Surge to Record Highs, Intensifying the Planet’s Warming Trajectory 10/16/2025

Europe’s Slow Self-Driving Push Risks Technological Dependence, Warns Bolt CEO 10/17/2025

British watchdogs suspend Revolut's full banking license 10/15/2025

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Economics

Germany to allocate half a billion EUR for innovation in small business

Young and small companies will receive special support from the state in Germany. Subsidies volume can reach up to €2.3 million. The German Ministry of Economics has developed a program to support small and medium businesses in matters of innovation. This was announced by the media group Funke with...

UK Wants To Start Trade Talks With Us Even Before Brexit Talks

The United Kingdom is likely to start negotiations on trade with the United States even before it initiated Brexit talks with the European Union, claimed a report published in Telegraph. The report cited source information that claimed UK Prime Minister Boris Johnson is likely to seek...

Risks Of Return Of Great Depression Faced By Global Economy: IMF Chief

Inequality and financial sector instability in the world could result in a return of the Great Depression, warned the head of the International Monetary Fund. The IMF has completed an new research which compared the situation of the current global economy to that of the “roaring 1920s”...

China’s 2019 Growth Lowest In 29 Years At 6.1 Percent

China’s National Bureau of Statistics announced on Friday announced that the 2019 growth rate of the country was the slowest in 29 years at 6.1 per cent. This rate of growth was for a year in which the Chinese economy was hit hard by the tariffs imposed by the United States on exports form...

Analytics: Excess oil protects prices from risks

Global oil production in December 2019 immediately fell by 780 thousand barrels per day (bpd), to 100.7 million bpd, and this is 1.3 million bpd less than a year earlier, follows from January report of the International Energy Agency (IEA). Nevertheless, an excess of oil supply remains on the...

Study: Agriculture-dependent developing countries are more vulnerable to climate risks

Climate change “can both improve and worsen the food system,” McKinsey Global Institute’s latest report on climate risks says. Yields in some regions may increase, while environmental conditions may lead to the loss of some crops in others, CNBC reports. Countries such as Canada, Russia, and parts...

Phase One Trade Deal Signed Between The US And China

A partial truce in the gruesome trade war between the United State and China – the two largest economies of the world, was achieved by the singing of the so called phase one of a trade agreement between the two countries. The deal was signed by US President Donald Trump and Chinese...

United States Remove Currency Manipulator Tag On China

Even as the two countries signed off a partial trade agreement, the United States removed China from its list of countries that allegedly manipulate their currencies. This was done by the US Treasury Department earlier this, days before the signing of the so called phase one trade deal between the...

China estimates 2019 GDP growth at more than 6%

Vice Premier of the State Council of the PRC Liu He said that China's GDP growth in 2019 is estimated at more than 6%, according to the Chinese state news agency Xinhua. According to Liu, the main economic indicators, including employment, prices and international settlements, are in reasonable...

Lockheed Martin receives $30Mln contract from US Department of Defense

The Pentagon will allocate funds for the next phase of the OpFires weapons integration program. The defense concern Lockheed Martin has received a $ 31.9 million contract from the Pentagon. The OpFires weapons integration program allocates funds for the management of promising research projects of...