Economics

In the second quarter of 2018, housing prices in the euro zone increased by 4.3% compared with April-June 2017, after a 4.5% increase in the first quarter, according to data…

The Association of German Banks (Bankenverband, BdB) called a significant slowdown in private investment the weakness of the German economy and slightly reduced the forecast for GDP growth for 2019,…

Despite the sharp drop in portfolio investment volumes, the total inflow of non-resident funds to emerging markets this year could reach $ 1.1 trillion against $ 1.26 trillion in 2017,…

By the end of September, inflation in Turkey reached 24.5% year on year. Economists attribute the rise in prices to depreciation of the Lira, which has fallen by 40% against…

Market participants and analysts are focused on forthcoming reduction in oil supplies in connection with US sanctions against Iran, which will be introduced in November. However, the market faces a…

The increase in social spending and reduction of the tax burden will lead to an increase in the budget deficit of Italy to 2.4% of GDP in 2019. This figure…

Personal data of about 50 million users of Facebook have been hacked according to the largest social media platform of the world. Facebook said that the account of even its

Italy is on a possible collision course with the European Union because it has agreed to a budget proposal to set the budget deficit target for 2019 at 2.4% of

Heads of some international corporations said that Donald Trump's tariff policy had already begun to negatively affect their business. According to Ford CEO Jim Hackett, his company's profits will decrease…

Based on its presumption that the United States economy would have a good run for the next three years at least, the U.S. Federal Reserve again raised interest rates and

Following a request by the Argentine government, the International Monetary Fund (IMF) announced that it would increase the emergency bailout amount for the country from $50 billion to $57.1 billion.

The European Union is developing a new mechanism for payment that would allow companies and countries to trade with Iran and still avoid the US sanctions on Tehran, announced the

A new report related to a possible no-deal Brexit in the UK claims that there would be risk of one in 10 British firms going bankrupt because of a delays

A new 71 page paper released by China accused the United States under president Donald Trump of “trade bullyism practices” that have turned out to be “the greatest source of

According to the former head of the European Central Bank, there would be a larger economic impact because of Brexit on the UK than on the European Union. In an

Portfolio managers of the largest investment funds expect a slowdown in the growth of the world economy due to the trade war between the US and China and tightening of…

The Chinese currency would not be used by the Chinese authorities as a means to gain competitive advantage in trade, said the Chinese Premier Li Keqiang. This statement came just

According to the US Department of Labor, US employers have been increasing bonuses and various types of compensation more than staff salaries. Experts believe that this does not necessarily mean…

According to the World Economic Forum (WEF), the number of jobs that would be at risk of being eliminated because of the advancement of use of machines, robots and algorithms

The European Union should turn the euro into a real world currency in the long term in order to increase the effectiveness of its foreign policy, said Vice President of…

The so called imperialistic and capitalistic banking practices were at the target of anti-globalisation activists in France and in Germany as they protested against such attitudes of banks which coincided

The invitation by the United States for fresh negotiations on trade was welcomed by China even as the Trump administration is reportedly getting ready to impose another round of import

A report on global oil production by the International Energy Agency titled Oil Market Report has shown the global crude output reached a record high of 100 million barrels per

The European Union wants to strengthen the global role of the euro in efforts to avoid pressure from US President Donald Trump, said Spanish Foreign Minister Josep Borrell.

Saudi Arabia called a well-known US right defender to prevent a bill that has been submitted to Congress. The bill allows suing oil producing countries in US courts for possible…

Podcasts are becoming an increasingly popular means of advertising. According to advertisers, users are very attentive when they listen to podcasts, and so they will be attentive to advertising there…

The unexpected slowing down of the factory activities in German for the month of July is being viewed as a reflection of the evidence that the aggressive trade policies and

China’s commerce ministry issued a warning on Wednesday where the country cautioned the United States that it would b3e forced to undertake retaliatory steps against it if the US goes

Managing Director of the International Monetary Fund (IMF) Christine Lagarde said that financial systems became safer a decade after the crisis, but still are not secure enough. At that, the…

A simulation from McKinsey Global Institute claims that there can be a growth of 1.2 per cent to annual gross domestic product at least for the next decade or so

Argentina is all set to get an early release as it had asked for from the International Monetary Fund with respect to the $50bn emergency funding and just before it,

The sharp drop in the rate of Iranian rial has provoked strong demand for US dollars in recent months. Iranians are trying to save money against the backdrop of economic…

The Indonesian rupiah touched its lowest point over 20 years which prompted the country’s central bank to say that it will need to intervene to control the situation. According to

There is no need to keep Canada in the North American Free Trade Agreement, said U.S. President Donald Trump and asked the US Congress not to interfere into the trade

The pound sterling dropped below $ 1.29 on Monday after the Brexit strategy of the British Prime Minister Theresa May was criticized by both the European Union and her own…

No trade deal emerged from the US and Canada negotiations on the rejig of the North American Free Trade Agreement (Nafta) following which United States President Donald Trump told the

A mega trade deal that would turn out to be the largest in the world ever and creating the largest trading block in the world is being hastened between 16

Following the trade agreement between Mexico and the United States relating to North American Free Trade Agreement (Nafta) trade deal, the negotiations between the US and the third partner Canada

The central bank of Argentina raised the key seven-day Leliq rate from 45%, to 60% to stop the peso collapse, which depreciated by more than 50% since the beginning of…

The Argentine government wants to ease concerns surrounding the possibility among investors and markets that the country might not be bale to serve its debt obligations for 2019 and hence

The clients of a top bank in Europe have already started to feel the pinch of the global trade tariffs and have begun to change production lines and issuing profit

Gold has an image of a very reliable reserve asset, capable of withstanding any crisis or a surge of inflation with profit or at least without losses. So in turbulent…

According to a leading Chinese economist, with the aim of cushioning some of the impacts that could hit its economy because of its trade war with the United States, the

There is estimation that the over all farm growth in India would reach a record high and be 3.4 per cent more than the current estimates after data suggested that

United States Donald Trump wants to cancel the North American Free Trade Agreement in its current form and announced that a new trade agreement between the United States and Mexico

Rising oil prices will increase India's current account deficit, continue to exert pressure on its already weakened currency and affect the prospects for economic growth, CNBC reports.

After more than a year of negotiations, the United States and Mexico managed to remove major differences in mutual trade, Donald Trump announced yesterday. It is assumed that now two…