Donald Trump’s trade tariffs have resulted in increase in cost of exporting top the US for the producers in emerging countries from Turkey to China. There is also nervousness among investors in these economies which had turned into safe havens following the 2012 Greek crisis.   This report...

The dollar has been the main world currency for more than 50 years. But experts do not exclude that his positions may weaken. What and who can deprive the dollar of its current status? If a currency’s stability is directly related to trust in the issuer, then the US dollar position is not the best...

Just before a scheduled conference call between the finance minister of Turkey and international investors. The country’s falling currency lira continued on its recovery journey providing some relief to one and many.   There was a rise of 2.5 per cent in the price of the currency against the...

The ECB expressed concern that the current monetary disturbance in Turkey may create problems for European financial institutions. Yet, there is one more threat for the banking industry in the region. It is Italy and its future, reports CNBC. "The situation in the country... in the next few months...

In the coming months, a large drop in introduction of primary housing, associated with a reduction in construction permits, is expected. Such measures will inevitably lead to a growing housing deficit throughout the United States. According to a joint report of the US Census Bureau and the...

Disputes will be solved diplomatically, informs the TUSIAD & TOBB Union of Chambers and Commodity Exchanges. On Tuesday, 14 August 2018, Reuters reported that the business lobbies in Turkey have informed that more strict finance policies will be put in place as an attempt to the requirement of...

OPEC countries are still in no hurry to increase supplies in accordance with recent agreements to increase production - in July, it grew by only 41 thousand barrels per day (bpd), to 32.32 million bpd. Recall that in late June, participants in the OPEC + agreement (which implies a reduction in...

Tremors were sent throughout the global markets on Friday after Turkey officially entered a full-blown financial meltdown following the refusal by the country’s President Recep Tayyip Erdogan to cow down to the market pressures and political pressures from the US.   The weakness of the...

Trade restrictions have already had a negative impact on the dynamics of world trade. Its growth in volumes may further slowdown in the third quarter of this year, according to the World Trade Organization (WTO) leading index. In July 2018, its value dropped to 100.3 points against 101.8 points in...