Growing protectionist sentiment in the world are increasing risks and uncertainty for the global economy, Chinese President Xi Jinping said at a meeting with Klaus Schwab, the founder of the World Economic Forum (WEF) in Davos, on Monday. "Anti-globalization ideas and protectionist sentiments are...

Energy output fails to offset goods production slump resulting in weaker euro-zone industrial production in February. As per data revealed on Thursday, April 12 2018, the industrial production of the euro-zone under performed in the month of February than it was “expected”. The reason behind this...

At a meeting in March, representatives of the European Central Bank (ECB) expressed concern about the threat of a full "trade war" with the United States and the potential negative consequences of strengthening the euro. This is written by Reuters referring to the minutes of the meeting. At a...

On Wednesday, stock exchanges have got another reason for fears amid rising tensions between the United States and Russia. This prompted investors to look for reliable positions, and also pushed aside weakening of global protectionist rhetoric. The dollar slid down when traders began to prepare for...

The Brexit minister says the “most successful financial” centre of the world will retain the “critical mass” post Brexit. Brexit Minister, David Davis informed on Thursday, April 12 2018, that Brexit will not even scratch the large part of the “vast financial services industry” of Britain, while...

Most oil and gas companies in the EMEA region (Europe, Middle East, Africa) managed to significantly reduce costs, and this will allow them to keep the rating outlook at "stable" even if oil prices fall below $ 60 per barrel, according to the international rating agency Fitch Ratings. "The majority...

The World Trade Organization has said that a complaint has been filed with it by China on Tuesday against the high tariffs on import that have been imposed by the U.S. President Donald Trump in steel and aluminum.   While the recent series of tariff related tensions between the two countries...

The massive penetration of information technologies into business models and products transforms the economy and social interactions, but the lack of generally accepted definitions of the digital economy and the digital sector makes it difficult to collect and analyze statistical data in this area,...

The escalation of the trade conflict between Washington and Beijing could reshape the entire system of supplying perishable products to China, which is actively looking for alternative suppliers of fruits and meat. Perishable goods are one of the largest items in the list of goods imported from the...