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Iris Barker


Europe is preparing an alternative to NATO

Within the next few days, more than half of the EU member states will publicly announce their intention to sign the European defense pact - the Permanent Structured Cooperation (PESCO),โ€ฆ
Published on November 7, 2017
By Iris Barker

China steps up introduction of state crypto currency

Director of the Institute for Digital Currency Research at the People's Bank of China said that the central bank should issue its own crypto currency in the shortest time andโ€ฆ
Published on November 7, 2017
By Iris Barker

VW to get a banking license in Britain

Volkswagen is studying a possibility of applying for a full banking license in the UK, writes Reuters.
Published on November 6, 2017
By Iris Barker

Does Powell’s nomination mean the Fed supervised by Donald Trump?

Jerome Powell will become the new head of the Federal Reserve System (FRS) of the US. President of the United States Donald Trump promised to surprise everyone with his choice,โ€ฆ
Published on November 6, 2017
By Iris Barker

Credit Suisse: bitcoin is a bubble

Recently, bitcoin has updated a new historical maximum, but many experts still consider the crypto market a bubble.
Published on November 3, 2017
By Iris Barker

Ten smartest cities in the world

The Globalization Center and the IESE Strategy published the annual updated IESE Cities in Motion Index (CIMI).
Published on November 3, 2017
By Iris Barker

Rio Tinto: NAFTA revision leads to uncertainty

Slow negotiations on the renewal of the North American Free Trade Agreement (NAFTA) creates uncertainty among enterprises and can damage investment and growth, said Alf Barrios, Rio Tintoโ€™s Aluminum Executiveโ€ฆ
Published on November 2, 2017
By Iris Barker

Parties of Germany seek a common ground to create a coalition

The German parties, which are trying to form the next government of the country, have found a common language in the areas of social policy and digital infrastructure. Yet, theyโ€ฆ
Published on November 1, 2017
By Iris Barker

IMF warns of impending crisis, again

Another week, and another IMFโ€™s warning about scenarios of financial collapse.
Published on November 1, 2017
By Iris Barker

People are no longer needed: banks are reducing staff

Last week, Swedish bank Nordea Bank AB announced reduction of 10% of its staff, that is, 6 thousand employees.
Published on October 31, 2017
By Iris Barker

Iraq is going to increase production by 50%. How will the market react?

Iraq is getting ready to increase oil production by 50%. This was stated by the Director-General of Basra Oil Company Abdul Jabbar. The company is responsible for mining in theโ€ฆ
Published on October 31, 2017
By Iris Barker

British Parliament to assess impact of e-cigarettes

The British Parliament's Committee on Science and Technology will conduct a study on the impact of electronic cigarettes on human health and the economy, and assess the effectiveness of theโ€ฆ
Published on October 30, 2017
By Iris Barker

Asian stocks get a technological incentive

Asian stocks rose on Monday, as shares of technology companies are growing amid positive reports on profits and a large number of pre-orders for the iPhone X, Reuters reports.
Published on October 30, 2017
By Iris Barker

Norway’s giant oil fund secures income for the sixth time in a row

The Norwegian Oil Fund took advantage of favorable market conditions and received revenue for the sixth consecutive quarter, the Financial Times reported.
Published on October 27, 2017
By Iris Barker

Q3 results: Internet giants keep growing

This week, three technological giants - Alphabet, Amazon and Microsoft โ€“ revealed their reports for the third quarter. All of them showed a significant increase in revenue and profit. Accordingโ€ฆ
Published on October 27, 2017
By Iris Barker

Five countries that can push oil prices up

Oil prices seem to be stuck in the region of $ 50 per barrel, but this does not mean that there are no risks on the market related to supplyโ€ฆ
Published on October 26, 2017
By Iris Barker

Wind energy will provide 30% of Europe’s needs by 2030

Most wind power plants will be located in France, Belgium, Great Britain, Germany, Spain and the Netherlands. However, the Eastern European countries, with the exception of Estonia, will stay farโ€ฆ
Published on October 25, 2017
By Iris Barker

How soon will a default occur in Venezuela?

Last week, the government of a country, which possesses the world's largest oil reserves, failed to make payments on coupon income on bonds totaling $ 586 million. However, these paymentsโ€ฆ
Published on October 25, 2017
By Iris Barker

Majority of EU countries support the labor market reform

Most of the countries of the European Union (EU) have agreed to reform the unionโ€™s labor rules, although many of the less wealthy countries of the bloc use them asโ€ฆ
Published on October 24, 2017
By Iris Barker

Rumor: Apple will release a budget version of iPhoneX

An information that Apple is preparing a budget smartphone, similar to the iPhone X in design and functionality, appeared on the Internet. It is expected that the new devices willโ€ฆ
Published on October 24, 2017
By Iris Barker

Saudi Arabia to open doors to foreign investors

Saudi Arabia is pondering a plan that will allow non-residents to become strategic investors in companies whose shares are quoted on the exchange, reports Bloomberg.
Published on October 23, 2017
By Iris Barker

Abe wins; the yen is falling, stocks are rising

The yen weakened, and Japanese stocks rose amid a stunning victory in the lower house of parliament of Prime Minister Shinzo Abe.
Published on October 23, 2017
By Iris Barker

Chevron stops operations in Iraqi Kurdistan

Iraq's reaction to the referendum on the independence of Kurdistan influenced the energy business in the region, forcing Chevron Corp. to suspend operations in Iraqi Kurdistan, reports The Wall Streetโ€ฆ
Published on October 20, 2017
By Iris Barker

10 years after the crisis: Banks have not yet recovered

Many believe that the financial sector hardly suffered from the crisis that burst ten years ago. However, a new research of the analytical bureau New Financial shows that this isโ€ฆ
Published on October 20, 2017
By Iris Barker

China to become the world’s largest consumer of gas

China is experiencing a "golden age" of natural gas, which will make the country the world's largest consumer of this fuel between 2040 and 2050, Bloomberg reports citing Sanford C.โ€ฆ
Published on October 19, 2017
By Iris Barker

Greece’s creditors from the EU and the IMF are returning to Athens

Greece's creditors will return to Athens next week to assess Greece's compliance with the terms of the rescue program, writes Reuters.
Published on October 19, 2017
By Iris Barker

Donald Trump lost $ 600 million during his presidency

The rich around the world are getting richer, but this does not apply to US President Donald Trump, CNNMoney writes.
Published on October 18, 2017
By Iris Barker

War for Kirkuk can turn the oil market upside down

The volume of oil produced in the oil-rich Kirkuk, an Iraqi province, fell sharply due to the fact that production was stopped at two fields. This happened after the governmentโ€ฆ
Published on October 18, 2017
By Iris Barker

EU hopes to keep the Iran nuclear deal afloat

The European Union promised to defend the preservation of the nuclear deal with Iran in 2015 and urged US lawmakers not to tighten sanctions against Tehran, Reuters reports.
Published on October 17, 2017
By Iris Barker

US Boeing declares air war to Canadian Bombardier

The Trump administration is ready to defend the interests of national producers at all costs. The country raised import duties on the liners of the Canadian company Bombardier by 219%.โ€ฆ
Published on October 17, 2017
By Iris Barker

Collapse of Hugo Boss’ shares grabbed attention of watchdogs

Following a long drawn-out investigation, the Federal Office of Financial Control of Germany (BaFin) submitted to the Stuttgart prosecutor's office a case of possible insider trading of shares of theโ€ฆ
Published on October 16, 2017
By Iris Barker

Elections in Austria tilted the country to the right

The last parliamentary elections in the European Union in 2017 took place: on October 15, the Austrians voted for candidates to the National Council - the lower house of parliament.โ€ฆ
Published on October 16, 2017
By Iris Barker

Is China preparing to maximum devaluation of yuan?

China is a relatively open economy. In recent years, it has been striving to realize the "impossible trinity", receiving quite predictable results.
Published on October 13, 2017
By Iris Barker

QE exit wonโ€™t stop European stocks from rising

Mario Draghiโ€™s words about curtailing the quantitative easing program will not stop the impetus for the growth of European stocks.
Published on October 12, 2017
By Iris Barker

Three shares to buy before they go up

Investors tend to avoid papers traded near the highs. Their fears are justifies: if a stock has grown significantly in recent times, what is the probability that the growth willโ€ฆ
Published on October 12, 2017
By Iris Barker

Bad debts of Indian banks reached a record

The bad debts of Indian banks in late June reached a record 9.5 trillion rupees ($ 145.56 billion). This is reported by Reuters with reference to unpublished data, which indicateโ€ฆ
Published on October 11, 2017
By Iris Barker

CNN: There’s no progress in NAFTA negotiations

The fourth round of talks on the revision of the North American Free Trade Agreement (NAFTA) begins on Wednesday, and time is running out for Trump's negotiators to conclude aโ€ฆ
Published on October 11, 2017
By Iris Barker

Excessive working hours become a deadly threat in Japan

Japanese advertising giant Dentsu will have to pay a penalty for excessive hours its employees spent at work. Overtime has long been a serious problem in Japan, and the governmentโ€ฆ
Published on October 10, 2017
By Iris Barker

Germany is concerned over cancellation of the Iranian nuclear deal

Germany is concerned that US President Donald Trump can declare non-compliance with the terms of the deal on the suppression of Iran's nuclear program, which, in turn, will force Northโ€ฆ
Published on October 10, 2017
By Iris Barker

Hurricane Nate left the oil market at rest

The hurricane did not take place. Hurricane Nate, which could become the third consecutive devastating natural disaster in America, weakened and is no longer posing a serious threat. Meanwhile, oilโ€ฆ
Published on October 9, 2017
By Iris Barker

Banks are looking for ways to join the bitcoin movement

At first, bitcoin was a technology for making payments without intermediaries. Now, when the first crypto currency holds more than $ 100 billion, banks are discussing how to take advantageโ€ฆ
Published on October 9, 2017
By Iris Barker

Switch Inc. raises $ 531 mln in the third-largest IPO in 2017

Switch Inc. attracted $ 531 million during the initial public offering. The deal has become the third largest IPO in the technology sector in 2017 in the US, writes Bloomberg.
Published on October 6, 2017
By Iris Barker

7 independence movements that could break down the EU

Catalonia keeps insisting on its movement for independence, which greatly disappoints the European Union and Spain. Catalonia is not the only European region that demands independence or greater autonomy. Belowโ€ฆ
Published on October 6, 2017
By Iris Barker

Germany to create a consortium for the lithium-ion batteries production

Germany supported the idea of creating a European consortium for the production of lithium-ion batteries. Representatives of German industrial and automotive concerns, including BASF and BMW, are invited to aโ€ฆ
Published on October 5, 2017
By Iris Barker

Fight for clean air in China will slow the economy growth

China's desire to reduce air pollution can affect already declining economic growth in the country by 0.25 percentage points over the next six months, and, at the same time, increaseโ€ฆ
Published on October 5, 2017
By Iris Barker

Toshiba to buy additional shares of Westinghouse for $ 522 million

Toshiba announced acquisition of an additional number of shares of bankrupt company Westinghouse Electric, because of which the Japanese conglomerate suffered huge losses. The National Atomic Company of Kazakhstan Kazatompromโ€ฆ
Published on October 4, 2017
By Iris Barker

European capital markets are waiting for a big change

Financiers usually refer to the new regulations as boring and confusing documents that are better be left to lawyers and the supervision department. But this does not apply to theโ€ฆ
Published on October 4, 2017
By Iris Barker

UBS: Unmanned taxis will make a competition to public transport

With the advent of unmanned taxis on the roads, Uber-like services will compete not only with each other and with traditional taxis, but also with public transport. According to analystsโ€ฆ
Published on October 3, 2017
By Iris Barker

Japan aims to take Chinaโ€™s place in the Bitcoin industry

The decision of the Japanese regulator will allow the country to retain its leadership in the Bitcoin market as China turned its back on the crypto-currencies.
Published on October 3, 2017
By Iris Barker

Uber’s board of directors wants to diminish Kalanick’s power

On Tuesday, the Board of Directors of Uber Technologies will vote on a number of reforms in the company and a major deal with the SoftBank Group, Bloomberg reports citingโ€ฆ
Published on October 2, 2017
By Iris Barker
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