Economics

Japan’s economy could be headed for a recession as it reported a shrinking of the economy in the quarter ended December 31 at the fastest pace in almost six years

The financial leaders of the G20 countries should strive to reach an agreement by this year globally on the method of taxing the giant digital companies such as Google, Amazon

The WWF Global Futures report presented results of a study assessing the impact of degradation of basic ecosystem services on the GDP of the world and 140 countries.

Despite the deadly outbreak of the coronavirus, it would be possible for China to achieve its long-term goal of doubling gross domestic product and incomes this year, said an influential

The new risks to the global economy that have cropped up because of the emergence of the novel coronavirus and its fast and severe outbreak in China has forced the

Last year, the deficit of US foreign trade in goods and services decreased for the first time in the last six years. In 2019, it amounted to $ 616.8 billion,…

Start-ups that attract financing through ICOs have to have three-years long holidays from regulation. Regulators are supposed to use this term to decide whether certain tokens belong to the category…

Amidst the coronavirus scare and the death toll because of the virus rising, the Chinese government has announced reducing import tariffs on 1,717 goods from the United States by 50

Both the United Kingdom and the European Union have said that they are willing to walk away without making any deal than to compromise on issues crucial for them with

Inflation in Turkey accelerated in January for the third month in a row, exceeding analysts' expectations.

The American economy’s growth rate in 2019 compared to 2018 slowed significantly - to 2.3% from 2.9%. Separately, in the fourth quarter, US GDP growth amounted to 2.1%. At the…

Activity in real estate markets around the world - from the UK to China and Australia - is slowing, putting pressure on the global economy, which last year showed the…

American Investment Bank Citigroup Inc. lowered its forecast for the cost of Brent crude oil in the first quarter of 2020 to $54 dollars per barrel from the previously expected…

Signals that the 2020 could be a tough year for the oil companies were seen in the quarterly results of the two largest oil producers of the United States –

Consumers facing threats while at the gas pump or ATM from skimmers or hidden devices that are created to steal credit card information is nothing new. However now hackers have

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), believes that the outbreak of the coronavirus could have a negative impact on the global economy in the first quarter…

The rapid spread of the coronavirus in China has forced the Swedish homewares giant IKEA to temporarily close down all of its stores in the country to prevent further spread

The much anticipated guidelines for its member countries on including the so called high-risk vendors like Huawei in the process of construction of 5G mobile connectivity networks have been issued

Rating agency Fitch Ratings announced a decision to lower the credit risk assessment of Argentina's long-term debt in local currency from "CC" to "RD".

The trade war and a slowdown in China's economy hit exports.

Netflix stocks fluctuated on Tuesday after the company's report for the IV quarter. The company’s performance was better than expected, but forecast for the first quarter is disappointing. Interestingly, the…

The outbreak of the new human-to-human coronavirus has dampened investor enthusiasm for the Chinese stock market, which previously had the fastest growth in recent years. Among the main victims are…

The global economy will witness a sluggish recovery in 2-020 even though it is on a recovery path, said the International Monetary Fund (IMF). Its global economic growth forecast for

Young and small companies will receive special support from the state in Germany. Subsidies volume can reach up to €2.3 million.

The United Kingdom is likely to start negotiations on trade with the United States even before it initiated Brexit talks with the European Union, claimed a report published in Telegraph.

Inequality and financial sector instability in the world could result in a return of the Great Depression, warned the head of the International Monetary Fund. The IMF has completed an

China’s National Bureau of Statistics announced on Friday announced that the 2019 growth rate of the country was the slowest in 29 years at 6.1 per cent. This rate of

Global oil production in December 2019 immediately fell by 780 thousand barrels per day (bpd), to 100.7 million bpd, and this is 1.3 million bpd less than a year earlier,…

Climate change “can both improve and worsen the food system,” McKinsey Global Institute’s latest report on climate risks says. Yields in some regions may increase, while environmental conditions may lead…

A partial truce in the gruesome trade war between the United State and China – the two largest economies of the world, was achieved by the singing of the so

Even as the two countries signed off a partial trade agreement, the United States removed China from its list of countries that allegedly manipulate their currencies. This was done by

Vice Premier of the State Council of the PRC Liu He said that China's GDP growth in 2019 is estimated at more than 6%, according to the Chinese state news…

The Pentagon will allocate funds for the next phase of the OpFires weapons integration program.

According to the results of the third quarter of 2019, the total debt burden of households, governments, financial and non-financial corporations in the world grew to a record high of…

China has made a huge commitment of purchasing from the United States under the phase one of the trade agreement which has sent commodity traders and analysts wondering hot Beijing

The US is demanding that China stop buying oil from Iran. It is China that imports the lion's share of the oil remaining on sale after the introduction of anti-Iranian…

An analysis of data released by the United States Commerce Department has revealed that since February 2018, American companies have been hit by about $46 billion because of US president

The global economy lost $ 8.05 billion in 2019 due to deliberate Internet outages, mainly caused by governments of different countries. This was calculated by Top10VPN specialists.

The Chinese commerce ministry has said that it would sing the so called “Phase 1” deal with the United States in Washington next week which would be signed by the

Partners in the Nigeria LNG (Nigerian National Petroleum Corp) project - Shell, Total and Eni - made the final investment decision (FID) to increase the plant’s capacity from 22 million…

The stock markets of developing countries in 2019 attracted $ 310 billion of portfolio investments of non-residents - against $ 194 billion a year earlier and $ 375 billion in…

In order to boost its slowing economy, a cut on the amount of cash that all Chinese banks need to hold as reserves was announced by China’s central bank which

The exports of liquefied natural gas (LNG) of the United States in 2019 saw a record 60 per cent hike with the trend likely in the next year. However analysts