25 percent tariff on $50 billion worth of Chinese goods was announced to be imposed by the United States. The tariffed products contain "industrially significant technology" said the White House.   The goods related to the "Made in China 2025" program would be covered in the tariff, U.S....

Italy may lose investor confidence if the country's government does not adhere to fiscal discipline, said Ignazio Visco, President of the Italian Central Bank. The warning sounded against the backdrop of record growth in yields on Italian government bonds, caused by investors’ fears about the...

There has been a 21% increase in the total brand value of the BrandZ Top 100 which was equal to almost $750 billion. The total value of the top 100 is now about at $4.4 trillion as in 2017.   The growth of brand value of Chinese companies was the fastest and was twice that of...

The rise in oil prices in recent months is of great concern to oil-importing countries and retail consumers, as they have to spend much more money for the import of hydrocarbons and the purchase of gasoline at gas stations, respectively. So far, it is not clear how the leading central banks will...

Following announcements by Saudi Arabia and Russia that they would increase their oil output and the U.S. production continuing at the current rate, there was a further fall in global crude prices on Monday – extending the fall the day before.   Brent crude futures were at $75.09 per barrel...

An economic crisis could set in Turkey by its collapsing currency that the government there is desperately trying to prevent.   A move by the investors worldwide to move their investments from the emerging markets into the United States has resulted in the lira loosing as much as 20 per cent...

The US Federal Reserve and the Bank of England called on global financial markets to step up efforts to move from the London Interbank Offering Rate (LIBOR) to alternative rates, Reuters reports. The head of the Federal Reserve Bank of New York, William Dudley, speaking at an event of the Bank of...

The world's largest energy companies make big bets on Latin America, although many used to be afraid to work in this region because of protectionist economic policies and the threat of nationalization. Shelf fields of Mexico and Brazil, shale deposits in Argentina and discovery of large reserves of...

The IMF believes that Saudi Arabia is making "good progress" in implementing reforms under the Saudi Vision 2030 initiative, which will help stimulate the country's economic growth. "The government continues to conduct large-scale economic and social reforms to get rid of the dependence of the...