More than a year after hyperinflation struck Venezuela, the country’s authorities stopped publishing official data on inflation and the stock of money. Thus, they deprived the public of the latest and the best tool for determining level of price growth in one of the worst economies in the world. On...

IBM will be coming out with new blockchain technologies in the market in this very year. “International Business Machines” Corp. has made inroads in its journey with blockchains under the “Hyperledger Project”, whereby now business will be able to create applications on IBM’s clouds by using the...

Eurogroup is to reiterate calls for Greece to meet loan clauses when the euro-area finance ministers meet in Brussels.   Edging closer to a repeat of the 2015 drama that pushed Europe’s most indebted state to the edge of economic collapse, Greece is set to miss yet another deadline for...

The world's largest publicly traded hedge fund, Man Group, prefers bonds denominated in local currencies instead of bonds in sound currency. Local bonds in 2017 are providing a yield twice as high as that of the dollar bonds of developed countries, according to Bloomberg Barclays indices. Local...

Cooperation will be the underlying key in executing all the “jointly agreed steps” by G20 leaders. During the talks of G20, the leaders in the finance sectors from the “top economies” of the world have shown their support towards the continuation of the “international cooperation on taxation”....

After monetary tightening in the world's second-biggest economy, China followed the U.S. Federal Reserve's third rate rise in 15 months, experts are of the opinion that the long cycle of falling interest rates in Asia could be over.   After having reined in earlier temptations to raise rates...

The United Arab Emirates The most promising country in the world is. At least, such a conclusion can be made from a new rating published by News & World Report. The media company, known for its rating of American universities, asked more than 21,000 people to assess 80 countries on a number of...

Japan’s power producers are set to pay for China’s coal policies after the nation’s steelmakers faced the same fate sometime back.   According to UBS Group AG and Morgan Stanley, after China’s efforts in 2016 to trim overcapacity led to a more than doubling of spot prices, Bottom...

The economic policies of Trump worries policy makers at ECB who foresee the possibilities of a hike in the interest rates of the U.S. Ignazio Visco is the policy maker at the European Central Bank, who informed that the global trade could get hurt by the economic policies observed by President...