The US and China introduced preliminarily announced new restrictions on mutual trade, raising duties on supplies totaling $ 32 billion. Now Washington is preparing a new list of restrictions for $ 200 billion. In the event of such a scenario, Beijing promises to impose US imports by another $ 60...

DBRS finds the impact on European banks caused by Turkish exposure to be in a manageable scale. The DBRS, rating agency, informed earlier this week that the impact created on the capital of the banks of Europe that are “most exposed to the Turkish lira crisis” could be contained in a manageable...

Beijing retaliated the second round of US tariffs on Chinese goods worth $16 billion starting Thursday with its own set of tariffs on US products of the same amount.   This development comes amidst a meeting between the trade representatives of the two largest economies of the world in an...

The Venezuelan authorities continue to experiment on the country’s financial system. In the framework of the monetary reform, they conducted not only denomination, but also devaluation of a new currency, a sovereign bolivar. Its official exchange rate against the US dollar was reduced immediately...

ECB executives believe that the euro area still needs "substantial" monetary stimulus to ensure the growth of inflation. This follows from the protocols of the July meeting of the central bank published on August 23. In general, the uncertainties associated with inflation prospects point to the...

Dealing with the newly introduced currency is proving to be quite difficult for Venezuelans as the country virtually came to a standstill on Tuesday.   Many workers stayed back at their homes while thousands of businesses remained closed as they tried to adapt to the "sovereign bolivar"....

The world's largest sovereign investment fund, the Norwegian oil fund with a volume of $ 1 trillion, earned $ 20 billion in the last quarter thanks to investments in shares of oil and gas companies, from which he wants to ultimately give up. However, its long-term prospects are threatened by the...

Oil traders and refineries will be offered a batch of oil from the strategic reserve of the United States in the amount of 11 million barrels with delivery from October 1 to November 30. As reported by Reuters, the auction for the sale of raw materials from the state storages is scheduled for...

Donald Trump’s trade tariffs have resulted in increase in cost of exporting top the US for the producers in emerging countries from Turkey to China. There is also nervousness among investors in these economies which had turned into safe havens following the 2012 Greek crisis.   This report...