Aging population is a problem of economies with a combined share of 78% of world GDP (64% of GDP at purchasing power parity), believe analysts of Morgan Stanley. Global growth of the working age population is slowing down. In 2016 it was 1% against 1.6% on average annually over the previous 20...

The European Union and Canada still appeared to be holding out hopes of a summit to sign off on the deal despite Belgium declaring on Monday that it could not formally back a free trade deal between the European Union and Canada because of an internal dispute.   The Comprehensive Economic...

Following the failure of the Belgian federal government to win the consent of French-speaking regional authorities, the European Union's hopes of signing a landmark free trade deal with Canada this week appeared to evaporate on Monday.   To resolve the impasse, Belgian Prime Minister Charles...

A political currency that never seems to lose its value in Germany is fretting about inflation.   The savings of the people of Germany are in for a renewed onslaught from accelerating consumer prices and this has been re-enforced in at least three national newspapers have run prominent...

In China, average prices for new homes rose 28 percent in Tier 1 cities, which encompass affluent metropolises like Shanghai, and 10 percent in smaller, Tier 2 cities in the first eight months of 2016, according to data compiled by Bloomberg.   The People’s Bank of China began easing lending...

While, ECB assures to take future economic projection of Greece by keeping the country’s debt relief in mind, it also clarifies that economic reformation should not feel its repel. One senior official of ECB, on Friday, the 21st of October 2016, informed that Greek debt restructuring “not deflect...

The U.K. chairman at KPMG said that amid uncertainty over when the U.K. will leave the European Union (EU),, the pound will remain volatile.   "There's nothing sort of implicitly good for the pound at the moment, and there's volatility," Simon Collins said on a television interview.  ...

The European Central Bank firmly shot down any talk of tapering its 1.7 trillion euro asset-buying program but kept the door open to more stimulus in December even as it left ultra-loose monetary policy unchanged.   ECB President Mario Draghi emphasized that a long-awaited rise in inflation...

The Swedish krona is falling free (the currency become cheaper by almost 10%, to $ 0.1135, since April). One of the largest companies in the country, telecommunications giant Ericsson, is having serious problems and planning massive cuts, Bloomberg says. The agency notes that the Scandinavian...