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Iris Barker


American authorities spoke out against electronic cigarettes iQOS

The tobacco company Philip Morris International has not yet proved that its iQOS heating devices are less harmful than conventional cigarettes. The Food and Drug Administration (FDA) of the Unitedโ€ฆ
Published on January 26, 2018
By Iris Barker

The EU will pay for an energy grid between Spain and France

The European Union must provide 578 million euros to build a transmission line to deliver excess electricity from Spain to France, a source in the European Union said.
Published on January 25, 2018
By Iris Barker

Why did Apple promise to invest $ 350 billion in the US economy?

Apple has announced huge plans to invest in the US economy. To begin with, the company will pay $ 38 billion in the implementation of the new tax legislation, andโ€ฆ
Published on January 25, 2018
By Iris Barker

CoinMarketCap’s founder caused the latest collapse of Bitcoin

The rate of bitcoins and dozens of other crypto-currencies fell sharply on January 8, causing their total market capitalization to decline by more than $ 100 billion. The starting pointโ€ฆ
Published on January 24, 2018
By Iris Barker

Tesla deprives Elon Musk of salary

Tesla introduced a new compensation system for the founder and general director of the company Elon Musk. The statement stipulates that he will not receive guaranteed payments for his work.โ€ฆ
Published on January 24, 2018
By Iris Barker

Eurogroup to allocate 6.7 billion euros to Greece

Greece in 2018 will become a "normal country of the euro area" and will leave the program of external financial assistance, said European Commissioner for Economic and Financial Affairs Pierreโ€ฆ
Published on January 23, 2018
By Iris Barker

IMF: American taxes will aid global growth

The beginning of the year can be very successful for the world economy. The International Monetary Fund (IMF) predicts the acceleration of growth in several large countries. The largest increaseโ€ฆ
Published on January 23, 2018
By Iris Barker

Toshiba is considering an IPO for its memory chip division

Toshiba Corp is considering a possibility of conducting an IPO for its memory chip manufacturing business if an agreed $ 18 billion sale to a consortium of investors led byโ€ฆ
Published on January 22, 2018
By Iris Barker

IEA forecasts record oil production in the US

The International Energy Agency (IEA) raised the forecast for oil production in the US this year by 260,000 barrels a day, to a record 10.4 million barrels per day. Accordingโ€ฆ
Published on January 22, 2018
By Iris Barker

France and Germany want to reform the eurozone

France and Germany want to achieve a common position on the reform of the Eurozone, including the convergence of taxes, capital markets and the banking union, between March and Juneโ€ฆ
Published on January 19, 2018
By Iris Barker

Dow Jones overcomes 1000 points for eight trading days

The stock index Dow Jones Industrial Average on Wednesday closed above the mark of 26,000 points for the first time. The index overcame the distance from 25,000 to 26,000 pointsโ€ฆ
Published on January 19, 2018
By Iris Barker

Rolls-Royce to sell its marine division

The British jet engine manufacturer Rolls-Royce announced possible sale and restructuring of its marine division amid a decline in demand in the oil and gas market, as well as withinโ€ฆ
Published on January 18, 2018
By Iris Barker

The World Bank to revise Doing Business for 4 years

Chief Economist of the World Bank Paul Romer said that the organization changed the methodology for compiling the Doing Business rating, as the methods used before provided incorrect information. Theโ€ฆ
Published on January 18, 2018
By Iris Barker

Germanyโ€™s trade surplus is the largest in the world

The positive balance of the current account of Germany was the largest in the world in 2017, according to the information of the Munich economic institute Ifo, reports Reuters.
Published on January 17, 2018
By Iris Barker

Take and go away: new approach to refugees in Europe

Germany's proposal to pay about 1 thousand euros to individual asylum seekers and 3 thousand euros to refugee families for voluntary return to their homeland provoked condemnation and approval simultaneously.
Published on January 17, 2018
By Iris Barker

BP to write off $ 1.7 billion due to the 2010 accident

British oil company BP said it would include a write-off of $ 1.7 billion in its report for the fourth quarter of 2017, reports Reuters.
Published on January 16, 2018
By Iris Barker

What you need to know about Kodak’s plans on the crypto currency market

Kodak plans to issue its own crypto currency and rent out mining equipment. Here's what an investor needs to understand about these projects.
Published on January 16, 2018
By Iris Barker

Morgan Stanley, Goldman Sachs to support Xiaomi’s IPO

Chinese company Xiaomi has chosen Citic Securities, Goldman Sachs and Morgan Stanley as partners and sponsors to help implement the first public sale of its securities.
Published on January 15, 2018
By Iris Barker

9 companies that dominate the arms market

The world spends $ 1.69 trillion a year on military spending, and almost $ 375 billion from this amount go to purchase specific types of weapons. There is a supplierโ€ฆ
Published on January 15, 2018
By Iris Barker

The European Union wants to increase fees from tourists and taxes due to Brexit

The EU budget will lose up to 15 billion euros due to Britain's withdrawal from the bloc.
Published on January 12, 2018
By Iris Barker

Bitcoin craze increased load on the power grid to the maximum

The jump in the bitcoin rate and the growing popularity of crypto-currency led to a general craze for mining, which began to cause fears due to growing loads on theโ€ฆ
Published on January 11, 2018
By Iris Barker

Real wages growth: Top 5 countries

Experts of the consulting company Korn Ferry analyzed situation in different countries of the world. They compiled a rating of the countries with greatest growth of real wages in theโ€ฆ
Published on January 11, 2018
By Iris Barker

Parties of Germany agreed on the migrants problem

Future partners in the parliamentary coalition in Germany reached agreement on the law on attracting qualified immigrants. The German media reported that it is bringing the parties closer to theโ€ฆ
Published on January 10, 2018
By Iris Barker

India softens rules to attract investors

Indian Prime Minister Narendra Modi relaxed restrictions on foreign direct investment in several sectors, including allowing foreign carriers to invest in the state-owned airline Air India Ltd. to revive theโ€ฆ
Published on January 10, 2018
By Iris Barker

Analysts improved forecasts of world economic growth

Specialists of Barclays Bank revised their forecasts for the growth of world GDP, and now these figures are higher. In 2018, the world economy will grow by 4.1%, in 2019โ€ฆ
Published on January 9, 2018
By Iris Barker

Negotiations with the DPRK reduced risks for the world economy

Resumption of negotiations between South and North Korea is reducing the risk of conflict and, as a result, is lowering threat of serious shocks to the global economy, Bloomberg reports.โ€ฆ
Published on January 9, 2018
By Iris Barker

3 main reasons for a crisis in 2018

Ten years after the beginning of the financial crisis in the world economy, everything is pretty good. A steady growth is observed all over the world, and theoretically, more effectiveโ€ฆ
Published on January 8, 2018
By Iris Barker

Munich Re: Natural disasters caused record damage in 2017

According to Munich Re insurance group, last year brought a record number of major natural disasters, which led to the most serious economic losses.
Published on January 8, 2018
By Iris Barker

Arabian oil companies updated the record of borrowing

The energy companies of the Arab countries of the Persian Gulf have issued a record amount of debt this year, as they decided to take advantage of lower borrowing costsโ€ฆ
Published on December 29, 2017
By Iris Barker

British retirees are leaving Europe

For decades, the warm sun, low cost of living and good food attracted British retirees to continental Europe. It is difficult to name the exact figure, but the UK Ministryโ€ฆ
Published on December 29, 2017
By Iris Barker

What will happen to European populism in 2018?

The establishment can breathe a sigh of relief, looking back at the political events in Europe in 2017. Yet, it's too early to celebrate the victory just now.
Published on December 28, 2017
By Iris Barker

BIS: the QE effect wanes with time

The Bank for International Settlements (BIS) found that the effect of injecting money into the economy through the purchase of securities by central banks is weakening over time, Bloomberg writes.
Published on December 28, 2017
By Iris Barker

China suspended oil supplies to North Korea in November

China did not export petroleum products to North Korea in November, according to Chinese customs officials, probably by trying their best to adhere to the sanctions imposed by the UNโ€ฆ
Published on December 27, 2017
By Iris Barker

Failures of the year from the Silicon Valley

Many Silicon Valley companies have been subjected to numerous attacks from the authorities, the press and ordinary users in 2017. Let's figure out of what the largest companies were accused,โ€ฆ
Published on December 27, 2017
By Iris Barker

2017 brought success to NVIDIA, and this is not the end

Any investor following the technology sector knows about NVIDIA Corporation. The manufacturer of predominantly graphic gaming processors has applied its developments in artificial intelligence (AI) systems, data centers and autonomousโ€ฆ
Published on December 26, 2017
By Iris Barker

Demand for managers will grow in Europe

Over the next five years, the European labor market will increase the demand for highly qualified specialists, especially in the field of management. This conclusion is contained in the workโ€ฆ
Published on December 26, 2017
By Iris Barker

Donald Trump’s tax reform will help luxury brands

According to analysts, luxury brands are winning from several circumstances, including the growth of world wealth, the rise of the stock market and tax reform in the US. Such supportโ€ฆ
Published on December 25, 2017
By Iris Barker

Five cities with the most affordable elite housing

Imagine that a New Year's miracle happened and you have $ one million dollars in your pocket. Where would you like to buy a home? And where would you beโ€ฆ
Published on December 25, 2017
By Iris Barker

Will OPEC leave the oil freeze agreement?

OPEC has started working on a strategy to exit the deal to reduce production from producers outside the cartel, Reuters reports citing two sources in OPEC.
Published on December 22, 2017
By Iris Barker

10 richest countries in the world

The International Monetary Fund conducted a study in October 2017 and identified countries with the highest GDP per capita.Many of the countries that are among the richest in the worldโ€ฆ
Published on December 22, 2017
By Iris Barker

Elections in Catalonia and a new wave of the crisis in Spain

On Thursday, the citizens of Catalonia will go to the polls, which are considered the last test of moods in the region. Now, results of the polls show that theโ€ฆ
Published on December 21, 2017
By Iris Barker

Bank of Japan retained economic stimulus

The Bank of Japan did not change the parameters of monetary policy at the final meeting in 2017. The regulator has retained unprecedented incentives, expecting the growth of steadily lowโ€ฆ
Published on December 21, 2017
By Iris Barker

Did financial markets reconcile with Brexit?

The British pound is the most reliable indicator of sentiment towards Brexit. If the news headlines shout about a "hard" exit of the UK from the EU (the creation ofโ€ฆ
Published on December 20, 2017
By Iris Barker

Legislators of Greece adopted the budget for 2018

Greek lawmakers adopted the country's budget for 2018 by a majority vote. The budget will be the last in the conditions of the rescue program, because of which the countryโ€ฆ
Published on December 20, 2017
By Iris Barker

European Commission suspects IKEA in tax evasion

The European Commission announced the beginning of a tax audit of the IKEA subsidiary in the Netherlands for possible tax evasion.
Published on December 19, 2017
By Iris Barker

Central Bank of Italy: recession and EU regulations caused the banking crisis in Italy

The head of the Bank of Italy, Ignazio Visco, said that the deep recession and EU rules led to recent problems in the banking sector of the country. However, heโ€ฆ
Published on December 19, 2017
By Iris Barker

Canadian oil industry is in distress

Canada's oil sector is in distress. Oil from the oil sands of this country is sold at a discount of $ 27 in relation to the American WTI, and thisโ€ฆ
Published on December 18, 2017
By Iris Barker

Bundesbank: There’s no zombie companies in Germany

There is no evidence of an increase in the share of "zombie companies" in Germany, despite the low cost of loans. The loans reduce incentives for banks to stop lendingโ€ฆ
Published on December 18, 2017
By Iris Barker

JPMorgan: The S&P 500 will grow to 3000 points in 2018

JPMorgan Chase & Co. expects that the "bullish" phase of the market will continue next year. But the growth will relate to the technology sector, writes Bloomberg.
Published on December 15, 2017
By Iris Barker

Bubble in the Swedish real estate market is bursting

Despite the fact that the real estate bubble in Sweden is no longer growing, it is probably the largest bubble in the world. The prices have increased 6-fold since theโ€ฆ
Published on December 15, 2017
By Iris Barker
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