The International Energy Agency (IEA) said that demand for oil will be increasing steadily in 2019 due to the stability of the global economy, but the world may face a large oil deficit by the end of next year. Iran and Venezuela may lose almost 30% of their oil production next year, which will...

Many buyers from China looking to invest money, prefer some cities in the Pacific Northwest, as well as in Australia and New Zealand, apart from the world large cities such as New York and London. Property prices in many of them, for example, in Vancouver, have risen to unreachable levels for...

Brexit will cause the British economy to tread the slow path and there is risk of its shifting a gear down, says the leading employers’ organization of the United Kingdom, the Confederation of British Industry.   Compared to a growth rate of 1.8 per cent in 2017, the rate of growth for...

Financial investors (hedge funds and other asset managers) markedly reduced their positions on the growth of oil prices after reports of talks between Russia and Saudi Arabia about the increase in oil production. Perhaps they only record profits, but did not change their opinion about the prospects...

A warning by the World Bank states that negative consequences equivalent to the 2008 global economic crisis could happen if the prevailing the trade tensions between the US and its major trading partners takes on a worldwide escalation.   According to the Washington-based organization, there...

The forthcoming referendum in Switzerland may be aimed at a radical transformation of the world finance industry. On Sunday, Swiss voters will go to election stations to vote for or against to switch to the sovereign monetary system. The referendum has attracted international interest, since it...

Societe Generale presents its agreement papers to the court for approval to end the Libor manipulation accusations and more. The “second-biggest bank” of France, Societe Generale, reported that it has come to an agreement with the authorities of France as well as the U.S. and it will settle...

Even as the sanctions on Russia imposed by the U.S. include En+, the LSE cancels its suspension on the companies GDRs. London Stock Exchange made announcements of cancelling plans for suspending trade in “global depositary receipts (GDRs) of En+”. This decision was made after a decision was taken...

The analysts’ prediction of rate hike for September has been reinforced with the performance of May 2018. The fall of unemployment in Norway has surpassed expectations, whereby reaching a new low in nine-years, amid economic expansion with the rising crude oil prices, the main export for the...