The European Union and the negotiators from Mexico have concluded the ninth round of talks on the modernization of the 20-year free trade agreement, Reuters reports. The negotiators said that they had agreed on five new chapters and had made significant progress with respect to other provisions of...

Even though, the British economy outperforms the initial blows of Brexit, the performance still keeps the country “lagging” behind in “global recovery”. According to “official data”, the British economy turned “weaker” than previous expectations in the year of 2017, whereby the country remains...

Official figures from the Federal Statistical Office of Germany has shown that in 2017, the trade surplus that Germany has with the United States had once again widened.   Germany noted a trade surplus of 50.5 billion Euros in its 2017 trade with the U.S. as the European Union Member...

The era of inert productivity growth may be coming to an end in the US and Europe. This conclusion is contained in the report of the research division of the consulting company McKinsey & Co., writes Bloomberg. According to experts, productivity can grow by more than 2% per year over the next...

Australia, the United States, India and Japan are discussing creation of an international infrastructure project that can become an alternative to the Chinese One Belt One Road Initiative. The Australian Financial Review newspaper referring to a senior official in the US administration reported...

The state of the German economy is expected to improve in the next six months, Reuters reports citing a poll that showed a generally upbeat outlook, despite a slight deterioration in investor sentiment in February. The index of economic sentiment in February fell from 20.4 to 17.8 points, the ZEW...

The Venezuelan government is hopeful that it would be able to bypass the worsening economic crisis in the country by the launch of the its new oil-backed digital currency.   Many are of the opinion that the government there is attempting to get cash while the economy of the country is facing...

Action would be taken by China if high tariffs are imposed on import of steel and aluminum into the U.S. by President Trump, warned the second largest economy in the world.   Late last week, a recommendation for imposition of measures on the import of those metals to safeguard national...

When the latest data about the retail industry in the U.K. was released by the Office for National Statistics, City economist Jeremy Cook City economist Jeremy Cook commented: “Who’d be a retailer now?”   “The average Brit,” he added, “has spent the past few years living by the mantra ‘When...