It may not be Russia that the U.S. president sees as America's critical new ally despite all the talk about the mutual admiration between Donald Trump and Vladimir Putin.   The the prime minister of India, Narendra Modi, is one of the first leaders Trump spoke to following his...

While steady consumer spending and rising business investment pointed to sustained strength in domestic demand, U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports.   In its first estimate of fourth-quarter GDP, the Commerce...

Consulting company EY said that Chinese investment in European companies almost tripled in 2016, growing to $ 85.8 billion. Germany has received especially generous cash flow as investments in the country were almost 24 higher ($ 12.6 billion) than in 2015. According to experts, Germany has become...

Adapting blockchain technology could reduce operating costs for the banks and investments firms, take over some back-office management, while the failure on the front of wide-spread acceptance of the technology, will reap no benefit. An Accenture report stated that the technology of Blockchain...

Ever since the rally in global stocks and dollar following Donald Trump's victory in the U.S. elections, gold prices have been under pressure. And reflected in the recovery of gold prices is the scaling back of optimism that emerged shortly after the U.S. elections, says a report from UBS.  ...

With a better-than-expected set of growth figures for the fourth quarter, the British economy showed no signs of losing momentum at the end of 2016.   Preliminary figures by the Office for National Statistics showed on Thursday morning that the U.K.'s gross domestic product rose 0.6 percent...

According to the Economist Intelligence Unit (EIU), for the first time in the history of the country, the United States has been demoted from a full democracy to a flawed democracy.   The firm uses a number of indices to identify how democratic a country is. Such indices are marked on the...

Even as U.S. protectionism threatens to hurt trade across the region and dent external demand, in a positive sign for the export-reliant economy, Japan's exports rose for the first time in 15 months in December on strong sales of electronics and car parts.   Compared with a 1.2 percent...

At the meeting of 26 January Eurogroup is going discuss Greece’s progress on its way to economic recovery. At the meeting, the ministers will talk over all possible risks that may hinder the country to repay the bailout loan. Greece's current debt amounts to € 320 billion. This is almost twice...