According to the Revenue Service of the United States, cash receipts from Texas border cities decreased by 6%. Every year, the border between Mexico and the US is legally crossed by 115 million Mexicans, mostly for the purpose of shopping. In recent years, the flow began to dry up. Donald Trump has...

The consumer spending habits slides down the UK, whereby affecting the economy it turn. According to a survey conducted by GfK, the confidence of the United Kingdoms’ consumers came crumbling down to the “lowest level” in the month of February, marking the worst fall since the month of December...

Head of Berkshire Hathaway Warren Buffett published a letter to shareholders in which he admitted some of his mistakes. At that, Buffett believes that this current economic situation in the US is still favorable. At the end of 2015, Berkshire Hathaway stock price fell by 12.5%, while the index...

Bank Of Japan’s governor is apprehensive about a further fall in deposit rate. According to a statement of the Bank of Japan’s governor, Haruhiko Kuroda there is a possibility of its deposit rate to tread “further” into “negative territory”. The said statement came on Friday, the 26th February...

The UK government’s first official analysis into how Brexit would unfold in practice has clearly indicated that as the UK takes 10 years to extricate itself from the EU, car manufacturing, farming, financial services and the lives of millions of Britons living in Europe will all be affected....

It was necessary to look beyond ultra-low interest rates and printing money to shake the global economy out of its torpor said the world's top economies declared on Saturday while renewing their focus on structural reform to spark activity.   A series of risks were flagged to world growth,...

In context of Britain and the European Union, Osborne thinks that the world economy is at a risky age. On Friday, the 26th of February 2016, the Finance Minister of Britain, George Osborne, stated that the global economy is going through a peak of risky period. According to him, it is the “most...

Recently, there was rumors that a storage in the largest oil hub in the United States - Cushing – is filled almost to capacity. However, such a large stock may not be linked to oversupply and lack of demand. Earlier this month, Reuters reported that there are about 8 million barrels left to a full...

In spite of marking the highest public sector’s “net burrowing” figure in eight years, the UK finances underperform in comparison to analysts’ forecast. The rise in the UK Government finances in the beginning of the year came in as the result of increment in tax collections that usually takes place...