The United States and China could announce a trade deal as early as in four weeks as the two parties are close on finalising it, said the US president Donald Trump. China has said that continuing trading with the US would be very difficult without a formal trade agreement.   The two...

Amid the shifting trend towards EV market observed in auto-industries worldwide, South American countries seem to prefer traditional fuel. During the last week’s meeting held at Brazil, auto-executives like General Motors as well as Toyota stressed that the South American auto market is “likely to...

The total debt load in the world in 2018 grew by less than 1.5% . Its peak was passed in the first quarter, after which the volume of liabilities began to decline, the Washington Institute of International Finance calculated. In the United States, however, the growth of debt has become the highest...

Global bribery leads to damage, which is estimated at $ 1.5 trillion, or 2% of world GDP, said Head of the International Monetary Fund (IMF) Christine Lagarde during a speech at the Chamber of Commerce in Washington. "The annual losses of just bribery are estimated at more than $ 1.5 trln — about...

Despite the obvious signals that the United States Federal Reserve has embarked on a path of hiking rates, there has been little sign of relief for some emerging markets.   While the peso of Argentina is at its historic low, the Lira of Turkey is down and is lying close to its lowest for the...

Protests, which broke out 6 weeks ago in Algeria, have already involved millions of citizens of the country opposing current President Abdelaziz Bouteflika. A week ago, Exxon announced that it intends to suspend implementation of investment plans in the North African country. This oil-and-gas-rich...

According to a marketing research of the luxury market in China, compiled by Bain & Company, sales in this area increased by 20% in 2018 and exceeded the figures for 2017. The report’s authors called such growth rates “amazing”. It is worth noting that the reasons for growth can be different....

Data from an official survey in China published on March 31 showed that there was an increase in factory activity in March for the Chinese economy for the first time in four months which was unexpected for analysis. This also indicated that the stimulus measures implemented by Chinese government...

Amid global economic uncertainties, Germany depends on domestic demand to sane its economic performance for this year. What to the data tell us? According to March data, in Germany the figure of unemployment reached a “new record low”, while the retail sales figure for the month of February climbed...