Specialists of Barclays Bank revised their forecasts for the growth of world GDP, and now these figures are higher. In 2018, the world economy will grow by 4.1%, in 2019 - 3.9%. Other observers - the International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development...

Resumption of negotiations between South and North Korea is reducing the risk of conflict and, as a result, is lowering threat of serious shocks to the global economy, Bloomberg reports. This opinion was expressed by the chief economist of DBS Group Holdings Ltd. based in Singapore Taimur Baig....

Ten years after the beginning of the financial crisis in the world economy, everything is pretty good. A steady growth is observed all over the world, and theoretically, more effective regulation should reduce the likelihood of a new banking crisis. Nevertheless, "great determination" will be...

The release of strong employment data from the U.S. saw the Dow Jones Industrial Average surpassing the significant 25,000 milestone for the first time ever.   According to the National Employment Report released by ADP Research Institute, about 250,000 jobs were added into the private...

Some economists think that the current slag in the performance of British factories would not give way to further decline, while others see the “vitality” of the sector’s recovery pace being lost soon in the coming days. In the previous month, the growth in the manufacturing sector of Britain...

The government of Iran may have to change their conservative policy to pacify the dissatisfied, protesting crowd. According Reuter reports the President of Iran, Hassan Rouhani, may have to hold itself from implementing “some of his core economic policies” while the protests are spreading...

Today’s’ young generation is soon to be hit by an unprecedented inheritance boom soon. But according to a think tank, such a boom would happen at a time that would be too late for many who have not been included in the property ladder and would also result in greater wealth inequality.  ...

China is bidding to keep back the foreign investments and for this purpose the authorities there are tax breaks for foreign companies in response to the tax overhaul done in the United States recently.   This is the first time that China has reacted to the most recent tax reforms in...

The energy companies of the Arab countries of the Persian Gulf have issued a record amount of debt this year, as they decided to take advantage of lower borrowing costs to finance projects, Bloomberg reports. Oil and gas producers, pipeline operators and refineries in Kuwait, the United Arab...