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Asia factories hit by tariff shock and softer demand — what pushed activity down and what’s next 09/01/2025

India and China edge toward détente as diplomacy, economics and pragmatism drive thaw 09/01/2025

ExxonMobil expects global oil production to decline by 15% per year without new investment 09/01/2025

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Economics

Asian Stock Market Tumbles By 0.3% After Touching Eight-Months Peak

The gapping disparity between the sluggish global economic growth and the strength of global shares grows wider. On Wednesday, April 9, 2019, the share market of Asia saw dip from its “eight-month highs”, as the tariff tension between Europe and the U.S. increased and the IMF toned down on “global...

France Puts Conditions On May’s Brexit Delay

A draft shows that the bloc may sanction a second Brexit delay with certain conditions on the U.K. The leaders of EU are going to allow the U.K. PM to avail a second Brexit delay, although they might push the latter into accepting “a much longer extension” as France is pushing to put forth...

China Seeking To End Bitcoin Mining In The Country

Bitcoin mining is being sought to be banned in China by the state planner of the country. Reports based on a draft list of industrial activities that the agency has drawn up which it wants to stop stated that this was the latest signal of pressure that the cryptocurrency sector in the country was...

IMF Report Says Delicate Moment Being Faced By World Economy

The world economy is a "delicate moment" according to the chief economist of the International Monetary Fund Gita Gopinath. While a global recession is not being predicted by Gopinath, she said that "there are many downside risks". According to the regular assessment of the World Economic...

US-China Could Reach A Trade Deal In 4 Weeks: Donald Trump

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...

South America Adheres To Old Ways Over EV Revolution: Auto Industry Views

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...

Institute of International Finance: Global debt growth is slowing down

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...

Lagarde: bribery causes damage of 2% of global GDP

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...

Not All Emerging Markets Are Worth The Risk, Realize Investors

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...

Situation in Algeria scares oil investors

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...