Economists at the World Economic Forum (WEF) in Davos, Switzerland, have compiled five scenarios for the global economy and trade against the backdrop of the geopolitical situation. The document is…

India has imposed restrictions on wheat exports. The country was expected to be able to replace grain supplies from Ukraine, which fell amid the conflict, but its own food security…

The world economy is threatened by a recession, experts from the international Institute of International Finance have warned. They also sharply lowered its growth forecast. Among the reasons are the…

According to a statement on the Bank of Mexico's website, the Governing Council hiked the key rate for the third time in 2022, by 50 basis points to 7%.

UK GDP in the first quarter of 2022, according to preliminary estimates, grew by 8.7% year-on-year and by 0.8% quarter-on-quarter, according to the country's national statistics office.

Tesla signed a long-term contract with Brazilian mining company Vale to supply nickel. It is used in batteries of electric cars.

The Bank of England raised its benchmark interest rate to 1% from 0.75% per annum at Thursday's meeting, a 13-year high, and maintained its buyback programme from the market, according…

Liquefied natural gas (LNG) shipments from terminals to Europe's gas transportation system in April 2022 were a record for the month. Gas Infrastructure Europe (GIE) specified that the index was…

Because sea routes are restricted, around 4.5 million tons of grain in Ukrainian ports cannot be exported, says Martin Frick, director of the UN World Food Programme's German department.

South Korea will raise coal imports from Australia by one-and-a-half times to lessen reliance on Russian coal, which is becoming more expensive due to the Ukraine conflict, according to the…

Economists polled by DailyFX believe that US GDP increased by 1.1 percent year over year in the first quarter, according to the first estimate (if GDP had been expanding at…

Twitter has announced that Elon Musk, the founder of SpaceX and Tesla, will purchase the social media platform for $44 billion.

The IMF has worsened its forecast for the global economy in 2022 and 2023 - GDP growth will slow to 3.6% in 2022 and 2023.

The World Bank has cut its global economic growth expectations for 2022 from 4.1 percent to 3.2 percent, said David Malpass, the organization's president.

In light of the coronavirus pandemic and the situation in Ukraine, Kristalina Georgieva, the president of the International Monetary Fund, said there was a "risk" of greater fragmentation of the…

Despite lower oil production projections for Russia, the US Ministry of Energy predicts a 0.5 million barrel per day increase in global oil reserves starting in the second quarter of…

The World Trade Organization (WTO) downgraded its forecast for global GDP growth in 2022 from 4.1 percent to 2.8 percent as a result of the conflict in Ukraine, according to…

The Chinese market fell 3% after release of inflation data that exceeded expectations.