Following signs of resistance from Europe and Asia to the possible decision of the United States for fresh sanctions on Iran - a major global crude expore4ter and this largest member of the Opec, there was some fall in the price of global crude which had touched 3-1/2-year high last week. this was...

Foreign government were accused of extracting "unreasonably low prices" from pharmaceutical firms by United States President Donald Trump.   Trump has directed is top negotiators that this issue be made a focus in trade talks.   "It is time to end the global freeloading once and for...

Talks with the International Monetary Fund has bene initiated by Argentina for securing an emergency debt to tide over the rising inflation rates and a steadily falling currency – the peso.   The steady fall of its currency has resulted in increased inflation and soaring prices and it...

The currency crisis forced Argentina to ask the International Monetary Fund (IMF) for a flexible credit line. Bloomberg reports that Argentina has requested a loan in the amount of $ 30 billion from the IMF. "This step will allow us to strengthen the growth and development program. It will enable...

On the eve of the national abortion ban referendum, which will be held in Ireland on May 25, Facebook began testing a new technology to block placement of certain advertising content. Thus, the social network has been repeatedly criticized for inefficient opposition to attempts to influence opinion...

The European Commission approved acquisition of the Italian steel producer Ilva by the international concern ArcelorMittal. This transaction will not have a negative impact "on the European industry, it employs millions of employees and consumers," said EU Commissioner for Competition Margrethe...

Japanese regulators announced a tightening of regulation of crypto instruments in an attempt to prevent new problems after Coincheck exchange was hacked in January of this year. In order to protect investors and reduce the risks of large-scale hacker attacks, the Financial Services Agency of Japan...

A stress test conducted by the European Central Bank on the banks of Greece has revealed that in the case of an adverse economic scenario, around 15.5 billion euros ($18.6 billion) of the capital holding or 9 percentage points of total capital of the four biggest banks of Greece would be lost by...

New U.S. federal data made public Friday claimed that the economy of the United Kingdom was surpassed to become the fifth largest economy in the world by the economy of the state of California in the U.S.   The data said that compared to 2016, $127 billion was added opt the gross domestic...