Brazil appealed to the European Union for compensation after the EU authorities introduced tariffs on steel imports from major producing countries earlier this month, the Brazilian government said. The government also notified the World Trade Organization (WTO) that it would take countermeasures to...

The Netherlands said goodbye to its own gas. For the first time in half a century, since 1963, when the development of the largest gas field on the continent began in Groningen, the kingdom’s gas purchases exceeded its sales. Thus, Holland, a country with a population of 17 million, joined a large...

UBS Group AG predicts a rise in debt in China in 2019, which is designed to mitigate a slowdown in economic growth, reports Bloomberg. The ratio of the country's total debt to GDP will rise again this year, after it remained unchanged in 2017 and decreased in 2018, wrote Head of Chinese economic...

Private companies are not delaying investment in the United Kingdom while the government remains busy preparing for the exit of the UK form the European Union, said the construction firm Galliford Try which means that investments in the private sector are already being significantly put off because...

There has been important progress in the trade talks between the United States and China, said the Chinese president Xi Jinping while talking to trade representatives from the US and added that the talks negotiations would continue further next week in Washington in an effort to resolve the ongoing...

The federal budget deficit of the United States government in the month of December 2018 was calculated to be at $13.5 billion. This resulted in the overall deficit for the fort three months of this budget year was 41.8 per cent more than the comparable period a year ago.   According to the...

Banker Morgan Stanley believes that the China's economy is on a path of "long-term decline" and would require more of foreign capital for growth starting from 2020.   According to a report prepared by Morgan Stanley, as China is all set to move in a period where it would have shortfall in...

Australia's economy, which has not seen a recession in the last 27 years, has long aroused curiosity for economists and academicians throughout the world as there are some folklore that has been built up surrounding this long stretch of good performance.   Researchers claim that the...

While there is still time for a complete recovery from the sudden and very steep oil price fall in 2014 for oil exporters, such entities should not therefore invest in "white elephant projects", warned the head of the IMF on Saturday.   "With revenues down, fiscal deficits are only slowly...