Two US regulators called on the UK and the European Union to ensure transparency and stability when the kingdom leaves the bloc in order to minimize negative consequences for financial companies and markets, reports Reuters. The Chairs of the Commodity Futures Trading Commission (CFTC) and the US...

Innovative technological development is pushing traditional corporations towards venture investment. Europe is experiencing a “tech-hype” and expects to press Silicon Valley. This was discussed at the annual Slush start-up conference held in Helsinki. As noted in the report “The State of the...

The Bank of England governor, Mark Carney, has warned that a bad deal for Brexit could result in an increase of between 5 to 10 per cent in food prices in the United Kingdom.   If the Brexit is extremely disorderly, food prices can rise by 10 per cent and they can rise by about 6 per cent in...

The European Commission has developed a package of measures to increase use of the euro in strategic areas such as energy, commodities, and aircraft manufacturing, the Financial Times reported. It is assumed that the plan should reduce influence of the US dollar in procurement of energy raw...

Compromising on fuel tax under protests will not affect the budget commitments of France. The government of France decided to suspend the tax increment on fuel which was planned. The said step comes when faced with “violent protests”. However, the Finance Minister of France, Bruno Le Maire informed...

There are very little details of the so called 90 day truce in the US-China trade war along with concerns of whether China would ultimately cow down to US trade demands. But that has not stopped the Trump administration from celebrating it as a significant breakthrough.   "This is just an...

On Tuesday, December 4, experts and analysts of the Danish Saxo Bank Group presented their traditional “shocking predictions” - unlikely, but nevertheless not entirely impossible events that could have serious consequences for the whole world. Experts warned that although this is not the official...

China's banking regulator allowed subsidiaries of local commercial banks specializing in asset management to directly invest in Chinese stocks, reports Reuters. This step is expected to strengthen market confidence amid a slowdown in economic growth. The Commission for the Regulation of Banking...

Italians are threatening their neighbors with exit from the euro area. Investing in European assets should be approached with caution. In March 2018, parliamentary elections were held in Italy. Traditional political parties were defeated. The largest number of votes received the League of the...