The oil market may collapse in the event of an escalation of the trade war between China and the United States, analysts of Bank of America Merill Lynch wrote in a weekly global energy report. If trade tensions between countries increase, China will refuse to comply with sanctions against Iran and...

The size of the public debt of Italy in April of this year set another record and reached a historic high of €2.373 trillion, the country's central bank Bankitalia, said. Compared with March, Italy's sovereign debt grew by €14.8 billion. This can primarily be explained by increased costs of the...

On Thursday, palladium prices updated a one and a half month high, rising to the level of $ 1,440 per troy ounce. China’s plans to stimulate demand for cars, tougher environmental emission requirements, and a structural metal deficit in the market are contributing to higher prices. Against the...

The United States wants India to further open up its economy and market to American companies as well as to "diversify" its energy portfolio, said the US Secretary of State Mike Pompeo. He also added that "real opportunity" has been witnessed by those countries that have opened up their local...

The import tariffs on imported Chinese products by the Trump administration of the United States would weigh down on their results, warned a number of major American consumer companies.   These statements came from such companies came after US President Donald Trump increased import tariffs...

The idea of creating a national currency and exit from the euro zone has been discussed in Italy for several years, but now it has again attracted much attention. This is taking place against the background of the controversy of the country’s Euro-skeptic government with Brussels over observance of...

Total assets of the funds investing in gold, updated the ten-week maximum, approaching the mark of 2.24 thousand tons. The growing interest in the precious metal is taking place against the background of the involvement of new countries in trade disputes with the United States, as well as the Fed’s...

The threats by the United States President Donald Trump of imposing tariffs on Mexico has curbed the enthusiasm for many companies that were looking at Mexico as an alternative following the trade war between the US and China.   The Mexican peso has been hit by the threat of tariffs and has...

A new defense and aerospace giant will appear in the US: Raytheon and United Technologies have announced a merger. The list of products from both companies is simply immense: Raytheon manufactures Tomahawk cruise missiles, and UT makes Pratt & Whitney engines, which are equipped with the F 22...