American General Motors Co. plans to double its investment in Brazil until 2019, as part of efforts to increase sales in emerging markets. The automaker plans to invest 13 billion reais ($ 3.8 billion) in South America in the period 2014-2019 for the modernization of existing plants and new...

Between November 2008 and June 2015, a daily average of about two measures that restrict trade were taken in the world - more than 5000 altogether, counted in the Global Trade Alert (GTA). One of the two measures - in respect of any country of the BRICS. What’s interesting, BRICS countries...

The declining trend in global crude oil prices since October 2014, has encouraged the governments and policy makers of emerging economies to cut down subsidy for oil. This cut down on petroleum subsidy has helped the emerging markets to save money and take corrective steps to manage fiscal...

Having halted Greece from sliding into bankruptcy and financial chaos, Alexis Tsipras then went about kick-starting the painful bail out process and revive the economy. Reports are now leaking out as to how his own party members tried to sabotage these processes. According to reports that goes to...

The Greek government has facilitated for some companies transfers of funds abroad to pay for imports in the framework of easing of strict measures to control capital and operating since the beginning of this month. This was announced at today's meeting of the Bank of Greece with the participation...

Following the Greek crisis, the economic growth rate in the Eurozone slowed down slightly in July. The data released on 24 July show that the Markit Eurozone Purchasing Managers’ Index showed a decline from 54.2 in June to 53.7 in July.   This is the sixth-highest reading since...

Is Ukraine going the Greece way? This is the question that is making the rounds in the economic circles of the globe. With a crucial meeting between the government and the ad hoc creditor committee slated for July 31 to finalize a sovereign debt restructuring agreement, economists await with...

Driven by the increase in sale of affordable handsets rather than the well known and established players in the market, the smart phone shipment increased in the second quarter of the current fiscal. The emerging economies were the markets which saw the surge in smart phone sale, especially the...

EU antitrust case brought against six US film studios, including Disney and Warner Bros, as well as the British broadcaster Sky UK. They could restrict access to satellite television programs in the EU. The European Union started an antitrust case against the six major American film studios and...