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Global Trade Uncertainty is Amplified Conflicting Trade Negotiations Statements Between US and China 04/26/2025

Emerging Markets Bank on Post-Tariff Upside as Trade War Drives Strategic Shift 04/26/2025

U.S. Tariffs Force Chinese Factories to Halt Production and Hunt for New Markets 04/28/2025

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Economics

The EU increased trade with other countries in May

The volume of trade in the euro area sharply increased in May against the backdrop of growing exports and imports of goods with the rest of the world. This fact signalizes that the world trade is in good shape, Reuters reports. The European Union, the main trader in the world, noted growth of trade...

Does Saudi Arabia really need expensive oil in 2017?

Saudi Arabia may not be as weakened as one would expect, even though the oil market is vulnerable in the face of reductions carried out by major world oil producers. The Saudis are playing a longer game, analysts at RBC Capital Markets said. This can be explained by the fact that the key elements...

Analysts Say Markets Could Question Sustainability Of ‘Abenomics’ As Shinzo Abe’s Approval Rating Declines

If Japanese Prime Minister Shinzo Abe’s approval rating continues to decline, a market researcher has warned that the markets could start to question the long-term sustainability of Abe's economic program which is better and momre commonly referred to as 'Abenomics'. "In terms of all...

France Makes A Late But Promising Entry In The Race To Win Brexit Businesses

France makes an attempt to dispel its image “as a country of high taxes and strict labor laws”. In an attempt to promote France as “more ‘finance-friendly’”, the government is taking an initiative, whereby increasing the chance drawing the “Brexit-fleeing banks from London” to Paris. However, “a...

ECB follows the Fed's lead in the curtailment of the QE program

The European Central Bank (ECB) seeks to maintain the open time of the asset buy-back program, and not to set a potential date for its termination. These actions are meant to maintain flexibility, if forecasts fail, Reuters writes. Not mentioning specifically when the net bond purchases fall to...

Wetherspoons Founder Says To Gain US-Style Immigration System, UK Should Accept WTO Tariffs

In order to regain control of its borders and establish a new points-based immigration system akin to the U.S., Britain should be willing to accept "a few tariffs" under the World Trade Organization (WTO) rules, said the chairman of British pub chain J. D. Wetherspoon. Compared to that...

Petróleos de Venezuela to ramp up production

Petróleos de Venezuela (PDVSA) is going to invest $ 50 billion in increasing production to 2.5 million barrels per day by 2025. Hector Andrade, PDVSA’s managing director, announced the company's intentions during the 22nd World Petroleum Congress in Istanbul. As the Venezuelan company’s...

Goldman Sachs Stands Out As The ‘Worst-Selling Fund Manager’ Worldwide In 2017

Withdrawals beats outflows at GSAM almost by double the amount at GSAM. As per the data presented by Morningstar, the “Asset Management’s mutual funds” of Goldman Sachs saw its investors pulling an “estimated” amount of “$26.7” till date in the year of 2017, reported the Financial Times. As a...

While Wages Continue To Lag, U.S. Job Growth Accelerates In June

In signs of labor market strength that could keep the Federal Reserve on course for a third interest rate increase this year despite benign inflation, U.S. job growth surged more than expected in June and employers increased hours for workers. Beating economists' expectations for a 179,000...

Ex-IMF Chief Economist Kenneth Rogoff Says China Could Export A Recession To Everyone Else

A former International Monetary Fund (IMF) economist believes that everyone in the world would be hit by a fallout of the soaring debt levels in China which were a source of serious concern. "If there's a country in the world which is really going to affect everyone else and...