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Global CO₂ Concentrations Surge to Record Highs, Intensifying the Planet’s Warming Trajectory 10/16/2025

Europe’s Slow Self-Driving Push Risks Technological Dependence, Warns Bolt CEO 10/17/2025

British watchdogs suspend Revolut's full banking license 10/15/2025

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Economics

India softens rules to attract investors

Indian Prime Minister Narendra Modi relaxed restrictions on foreign direct investment in several sectors, including allowing foreign carriers to invest in the state-owned airline Air India Ltd. to revive the growth of Asia's third largest economy, Bloomberg reports. Foreign carriers can buy up to...

Coal Ban Planned To Be Implemented From 2025 Instead Of 2030 In Finland

Finland government has proposed a plan to stop the use of coal by 2025 rather than the 2030 deadline that was earlier set by it last week end. And this proposal drew sharp comments and resentment from the Finnish energy industry. While it is fact that over the next ten years, there...

Security Pact Between Rival Middle Eastern Airlines Emirates, Etihad Brings Them Closer

Two of the largest airlines of the Middle East and indeed that of the world aviation industry - Emirates and Etihad Airways, have agreed to cooperate with each other on security matters. The two United Arab Emirates (UAE) based airways signed a security pact to that effect on Monday. The...

Analysts improved forecasts of world economic growth

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...

Negotiations with the DPRK reduced risks for the world economy

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....

3 main reasons for a crisis in 2018

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...

Stronger Than Expected U.S. Jobs Data Pushes Dow Jones To Close Over 25,000 Point For The First Time Ever

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...

Economists See No Threat In The Declining Graph Of Britain Manufacturers For December 2017

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...

Economic Frustration Deepens To A ‘Crisis Of Expectations’ In Iran

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...

Inheritance Boom Would Provide A Chance For Millennials To Reap Huge Rewards

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. ...