Economics

The Council of the European Union has allowed the member states to temporarily exempt coronavirus vaccines, infection tests and other goods required for vaccination from value added tax (VAT). This…

The negotiations on a Brexit trade deal between the United Kingdom and the European Union hangs by a threat just 24 days prior to the end of the transition period

The OPEC+ countries, which spent the last week arguing over the level of new production quotas in 2021, reached a brief agreement at a meeting on 3 December.

With government across the European Union and other parts of the euro zone reimposing strict lockdown measures in their efforts to try and stop the spreading of a second wave

The official position of the United States on the question of digital taxation will be made clear by the incoming administration of Joe Biden within a period two months of

Japanese companies are threatening the country's government to export their production because the renewable energy industry is too underdeveloped. The move will be a forced measure: foreign partners are putting…

The closure of ski resorts in Italy due to the coronavirus pandemic threatens to cause losses of €20 billion, which will account for almost 1% of national GDP, the authorities…

Oil giant Exxon Mobil has sharply worsened its commodity price forecast. As The Wall Street Journal writes, the American oil concern has made a forecast for the next seven years.

According to analysts, November could be the best month for the Dow Jones Industrial Average stock index since 1987. The index is rising on investor optimism about vaccines, economic growth…

The International Air Transport Association (IATA) has worsened its forecast for 2020 to $118.5 billion, which is the worst result in the industry's history.

The value of the crypto currency bitcoin reached near its all time high on Tuesday after it hit a high of $19,000 whch was laos a first for the virtual

The economic losses in the Arab States due to the pandemic have exceeded $150 billion, said Ahmed Aboul Gheit, Secretary-General of the League of Arab States (LAS).

89 Chinese aerospace and other companies are set to declare to have close ties with eth Chinese military, according to the Trump administration and will be restricting them from acquiring

A bilateral trade agreement between the United States and Taiwan that is being long sort after the later will be supported by the incoming government of US President-elect Joe Biden,

The worries that the novel coronavirus pandemic could further widen the gap between the rich and poor w3as reflected in the joint declaration of the leaders of the 20 biggest

Eating meat will become less frequent, and being ashamed to fly planes will become more frequent. Generation Z is changing the world, and investors need to be prepared.

The non-governmental organisation Tax Justice Network (TJN) has issued a report on the losses of the world's governments from tax evasion, the withdrawal of funds and assets to tax havens…

A rollover trade deal has been agreed to between the United Kingdom and Canada on Saturday which will be instrumental to protect the mutual trade worth $27 billion (£20.32 billion)

The World Trade Organization suggested that trillions of dollars in trade financing for developing countries should be provided by the group of 20 major economies so that the developing countries

A major regional free trade pact called the CPTPP is aimed to be expanded by Japan, according to the comments made by the Japanese Prime Minister Yoshihide Suga on Friday.

The results of the United States presidential election has made more than 60 per cent of the American businesses in China more optimistic about doing business in China, showed a

A recovery in the European Union could get delayed because of possibilities of a $2 trillion stimulus plan to combat the economic impact of the Covid-19 pandemic in the region

US industrial production returned to growth in October with a 1.1 per cent increase (0.4 per cent decrease in September), as a result of which the index virtually compensated for…

The recovery of the Chinese economy accelerated in October as fiscal support increased, as evidenced by the latest macroeconomic data from the National Statistics Office of China.

Quotations on the Tokyo Stock Exchange rose on Monday amid signs that the Japanese economy is recovering from the crisis caused by the COVID-19 pandemic, Kyodo agency reported.

The United Kingdom and the European Union have been asked by their major trading partners to clarify the terms and conditions of renegotiating tariff levels after Brexit as well as

Even with the novel coronavirus pandemic looming over the ability of many countries to attract top talent, Switzerland has been identified as the best place in the world in terms

With major networks declared Democrat Joe Biden as the winner in the presidential race of the United States and after gaining some certainty about who will be the next president,

Moody`s assessed the prospects of the negative consequences of the coronavirus COVID-19 on the global economy. According to the international rating agency, the impact of the pandemic shocks will continue…

The US Department of Justice withdrew more than $1 billion worth of Bitcoins from the Silk Road website, which was used for trafficking drug, arms and other illegal transactions and…

There were still “very serious divergences” between the European Union and the United Kingdom in trade talks related to Brexit, the EU’s Brexit negotiator has said recently and has suggested

On Thursday, the Bank of England announced the expansion of its £150 billion ($195 billion) government bond buyback programme, bringing the total to £895 billion ($1.17 trillion).

The US Federal Reserve (Fed) left the key rate at 0-0.25% per annum following the November meeting. The watchdog maintained in its statement that the Fed will aim for inflation…

Any debate of austerity in Europe has been pushed to the sidelines because of the novel coronavirus pandemic and instead the region is seeing a race among economies to spend

A summer period with few social restrictions in Europe helped the euro zone economy to bounce back in the third quarter. But analysts are now eagerly waiting to see how

Despite the global recession inflicted by the Cvoid-19 pandemic, house prices in New Zealand have increased to touch record levels. This development has prompted economists and experts to warn that

With consumer spending being fuelled by the more than $3 trillion in federal pandemic relief spending, the United States economy saw a record growth in the third quarter. However experts

Low volumes of wine production in South America and low output in the European Union after the coronavirus crisis sent sales sliding, have resulted in an international industry body making

With mounting concerns and fears about the American economy because of the pandemic, a recent survey showed that three states in the United States, which are believed to be crucial

Foreign pilots of Turkish Airlines will be sent on an unpaid leave, reports Bloomberg citing the company’s email to several its employees.

With restrictions induced by the novel coronavirus pandemic returning back into the region, there was a slowing down of economic activity in the euro zone in October, according to reported

Bruno Le Maire, Minister of Economic Affairs, Finance and Reconstruction, believes it is necessary for the European Union to resort to countermeasures by raising tariffs on goods from the country…

The economic recovery of the world from the impact of the novel coronavirus pandemic could be sped up by implementing strong international cooperation of the vaccines against the disease. International

The urgent need for countries around the world to bring the spread of the coronavirus pandemic under control was stressed by financial leaders from the Group of 20 major economies

The once shunned second-hand goods sector is booming with interest from Chinese millennials as Chinese consumers once again show their love for luxury products. In fact, reports suggest that millennials