In an attempt to manage its “core technology”, China moves towards securing independence for its tech industry. China needs fund support of “billions of dollars” in its ambitious quest of propelling its domestic chips, whereby attempting to reduce on heavy import reliance. As a result, the country...

While there are some individuals who need to be set a challenge so that they can be moved into the right direction, there are others who may possess a natural penchant for financial habits, good budgeting techniques, and a smooth and good grip on their income and expenses. And then there are others...

Stock indexes of Western Europe on Wednesday are holding trades in the "red zone" after the sale of assets in the markets of the United States and Asia due to an increase in the yield of US Treasuries and government bonds of several other developed countries. On the eve, yield of 10-year US...

Before she sets foot on an official visit to the U.S., a call for strengthening of the World Trade Organization (WTO) was given by German Chancellor Angela Merkel.   Calls for defending and expansion of the Geneva-based WTO was given by Merkel while rallying support for free trade at the...

The European Union wants to authorize all anonymous players of the crypto-currency market. Can regulators in other countries adjust to needs of the digital economy or will they follow the path of total prohibitions? The European Parliament introduces new rules for regulation of the crypto-currency...

Apparently, Brussels has decided to fight with troublemakers in the European Union, first of all, with Warsaw, Budapest and Prague, with the help of the euro. The Financial Times (FT) reported, referring to its sources in the European Commission (EC), that when preparing the draft budget of the...

The gap between rich and poor is growing in many countries and economists are studying the consequences of this process. Experts of the IMF, whose spring session begins in Washington, are also participating in the studies. The view of economists is turned to figures, so most of them do not see...

The new regulations in the auto segment announced by China is likely to benefit automakers like Elon Musk but at least one investment by Warren Buffett – the American business magnate, would be hurt.   China has announced the abolition on the caps for foreign ownership for manufacture of...

On Wednesday, oil prices in the European market soared to three-year highs. Thus, the cost of North Sea oil Brent was fixed above the level of $ 73 per barrel. There is a bullish game against the background of destabilization of the situation in the Middle East, as well as data on the decline in...