The Chinese manufacturer of gadgets Xiaomi reported on the results of activities for the first quarter of this year. During the period from January to March 2018, the company incurred a net cash loss of 7 billion yuan, which is about $ 1.09 billion. The losses reached 43.89 billion yuan (about $...

According to reports in the Mexican media., there has been a slow down in the talks between the United States, Mexico and Canada on the North American Free Trade Agreement (NAFTA) deal because of disagreements in the negotiations to update automobile rules of origin which is one of the demands that...

The period of decline in income inequality in China seems to be over. Without changing the situation, by 2030 this country will return to probably the highest in the world level of inequality, and will continue to increase it, the IMF states. The situation in China is distinguished by growth of...

The International Energy Agency (IEA) said that demand for oil will be increasing steadily in 2019 due to the stability of the global economy, but the world may face a large oil deficit by the end of next year. Iran and Venezuela may lose almost 30% of their oil production next year, which will...

Many buyers from China looking to invest money, prefer some cities in the Pacific Northwest, as well as in Australia and New Zealand, apart from the world large cities such as New York and London. Property prices in many of them, for example, in Vancouver, have risen to unreachable levels for...

Brexit will cause the British economy to tread the slow path and there is risk of its shifting a gear down, says the leading employers’ organization of the United Kingdom, the Confederation of British Industry.   Compared to a growth rate of 1.8 per cent in 2017, the rate of growth for...

Financial investors (hedge funds and other asset managers) markedly reduced their positions on the growth of oil prices after reports of talks between Russia and Saudi Arabia about the increase in oil production. Perhaps they only record profits, but did not change their opinion about the prospects...

A warning by the World Bank states that negative consequences equivalent to the 2008 global economic crisis could happen if the prevailing the trade tensions between the US and its major trading partners takes on a worldwide escalation.   According to the Washington-based organization, there...

The forthcoming referendum in Switzerland may be aimed at a radical transformation of the world finance industry. On Sunday, Swiss voters will go to election stations to vote for or against to switch to the sovereign monetary system. The referendum has attracted international interest, since it...