Economics

IEA warns of a potential oil shortage

The International Energy Agency (IEA) said that demand for oil will be increasing steadily in 2019 due to the stability of the global economy, but the world may face a…
Published on June 13, 2018
By Iris Barker

Chinese keep inflating housing bubbles

Many buyers from China looking to invest money, prefer some cities in the Pacific Northwest, as well as in Australia and New Zealand, apart from the world large cities such…
Published on June 11, 2018
By Iris Barker

Lingering Brexit Concerns leading To Slow UK Growth: Employers’ Association

Brexit will cause the British economy to tread the slow path and there is risk of its shifting a gear down, says the leading employers’ organization of the United Kingdom,
Published on June 8, 2018
By Debdutta Ghosh

Hedge funds are changing the oil market

Financial investors (hedge funds and other asset managers) markedly reduced their positions on the growth of oil prices after reports of talks between Russia and Saudi Arabia about the increase…
Published on June 8, 2018
By Iris Barker

2008-Level Crisis Could Result From The Prevailing Trade Tensions: World Bank

A warning by the World Bank states that negative consequences equivalent to the 2008 global economic crisis could happen if the prevailing the trade tensions between the US and its
Published on June 6, 2018
By Debdutta Ghosh

Will Switzerland regain control over currency issuance?

The forthcoming referendum in Switzerland may be aimed at a radical transformation of the world finance industry.
Published on June 6, 2018
By Iris Barker

France’s Societe Generale Settles Libor Case & Libyan Dealings

Societe Generale presents its agreement papers to the court for approval to end the Libor manipulation accusations and more.
Published on June 6, 2018
By Debaleena Bhattacharjee

Plans Of En+ GDRs Suspension Are Cancelled: LSE

Even as the sanctions on Russia imposed by the U.S. include En+, the LSE cancels its suspension on the companies GDRs.
Published on June 4, 2018
By Debaleena Bhattacharjee

Norwegian Unemployment Drops To Lowest In Nine Years

The analysts’ prediction of rate hike for September has been reinforced with the performance of May 2018.
Published on June 4, 2018
By Debaleena Bhattacharjee

German Minister Says Tariff Exemption Might be Given To Some German Steel Producers by US

The trump administration might be forced to include some steel manufacturers from Germany who produce certain special types of steel form the import tariff on steel. This is because the
Published on June 2, 2018
By Debdutta Ghosh

Washington’s Steel & Aluminum Tariffs: Allies Take Strong Responsive Measures

Investors’ fears of a global trade war were stoked after retaliation by Canada and Mexico to United States’ decision to impose steel and aluminum import tariff and the European Union
Published on June 1, 2018
By Debdutta Ghosh

Brexit Concerns Forces Barclays To Tighten Lending In The UK Economy

The lending criteria to the United Kingdom economy has been tightened by Barclays in face of the economy not doing as good as the rest of the peers. UK economy
Published on June 1, 2018
By Debdutta Ghosh

China to reduce duties on almost 1,5 thousand goods

From July 1, China will reduce import duties on almost 1.5 thousand consumer products from cosmetics to home appliances, to increase imports as part of efforts to open the economy,…
Published on June 1, 2018
By Iris Barker

Donald Trump’s government to relax the Volcker rule

The new head of the Fed, Jerome Powell, proposed to soften the so-called Volcker rule for the banks. The rule was introduced after the financial crisis and imposed trade restrictions…
Published on June 1, 2018
By Iris Barker

Trump Wants To Stop German Luxury Cars Entry Into U.S.: Media Reports

According to media reports that were published in the United States and elsewhere, last month, the U.S. President Donald Trump had reportedly told the French President Emmanuel Macron that a
Published on May 31, 2018
By Debdutta Ghosh

US-EU Trade War May Begin After US Slaps Steel Tariff On Europe

The U.S. has announced imposition of tariffs on steel and aluminum imported from the EU which has set the stage for as full-blown trade war between Washington and Brussels. Following
Published on May 31, 2018
By Debdutta Ghosh

India Fastest Growing Major Economy In The World At 7.7% In Jan-March Quarter

The Indian economy grew at its fastest pace in almost two years for the January-March quarter at 7.7 percent year-on-year. The rate was more than that of China – at
Published on May 31, 2018
By Debdutta Ghosh

Fresh U.S. Tariff On $50 Billion Chinese Goods Slapped By Trump Targeting The Technology Sector

25 percent tariff on $50 billion worth of Chinese goods was announced to be imposed by the United States. The tariffed products contain “industrially significant technology” said the White House.
Published on May 30, 2018
By Debdutta Ghosh

Bank of Italy Governor: Italy is a footstep away from losing investors confidence

Italy may lose investor confidence if the country's government does not adhere to fiscal discipline, said Ignazio Visco, President of the Italian Central Bank. The warning sounded against the backdrop…
Published on May 30, 2018
By Iris Barker

Record Brand Value Reported For Brandz Top 100 Most Valuable Global Brands In 2017

There has been a 21% increase in the total brand value of the BrandZ Top 100 which was equal to almost $750 billion. The total value of the top 100
Published on May 29, 2018
By Debdutta Ghosh

OPEC is afraid of the global inflation growth

The rise in oil prices in recent months is of great concern to oil-importing countries and retail consumers, as they have to spend much more money for the import of…
Published on May 29, 2018
By Iris Barker

With US Crude Production Surge, OPEC, Russia To Also Raise Output; Slump In Oil Prices

Following announcements by Saudi Arabia and Russia that they would increase their oil output and the U.S. production continuing at the current rate, there was a further fall in global
Published on May 28, 2018
By Debdutta Ghosh

A Record Low Currency Puts Turkish Economy At Risk

An economic crisis could set in Turkey by its collapsing currency that the government there is desperately trying to prevent. A move by the investors worldwide to move their investments
Published on May 27, 2018
By Debdutta Ghosh

The Fed and the Bank of England urge to speed up rejection of LIBOR

The US Federal Reserve and the Bank of England called on global financial markets to step up efforts to move from the London Interbank Offering Rate (LIBOR) to alternative rates,…
Published on May 25, 2018
By Iris Barker

Oil giants are betting on Latin America

The world's largest energy companies make big bets on Latin America, although many used to be afraid to work in this region because of protectionist economic policies and the threat…
Published on May 25, 2018
By Iris Barker

IMF believes in Saudi Arabia’s success

The IMF believes that Saudi Arabia is making "good progress" in implementing reforms under the Saudi Vision 2030 initiative, which will help stimulate the country's economic growth.
Published on May 24, 2018
By Iris Barker

Combination Of Energy Storage And Conventional Power Plants Creating New Paradigms: Navigant Research

The concept of storage of energy is closely linked to renewable energy where technology for energy storing is amongst the most versatile technologies on the grid. A new report from
Published on May 22, 2018
By Debdutta Ghosh

How soon will Italy’s populist parties scare investors away?

Goldman Sachs has removed one of Italy's most famous companies from the list of companies whose shares are recommended for purchase because of approaching establishment of a populist government.
Published on May 21, 2018
By Iris Barker

Investors are expecting low growth rates and buying risky assets

Portfolio managers of the largest investment funds expect a slowdown in the growth of the world economy, especially in the perspective of rapid tightening of the credit policy of the…
Published on May 18, 2018
By Iris Barker

UN: Two-thirds of the world’s population will live in cities by 2050

The United Nations Department of Economic and Social Affairs published new projections on the global growth in the number of cities and urban population. According to the estimates, by 2030…
Published on May 18, 2018
By Iris Barker

Britain’s Finance Industry Urges The Government For A ‘Special Work Visa’ Post Brexit To Preserve The Global Financial Capital’s Importance

With the concerned brows the finance industry of Britain looks forward to shape the immigration scenario for working staff.
Published on May 18, 2018
By Debaleena Bhattacharjee

Institutionalization Of Cryptocurrency Being Inhibited By Three Factors: TABB Report

There are three trading risks that are holding back cryptocurrencies from going institutional according to a report by the TABB Group called “Crypto Trading: Platforms Target Institutional Market”. The report
Published on May 16, 2018
By Debdutta Ghosh

The economy of Japan declines after two years of growth

In the first quarter, the economy of Japan fell by 0.6% compared to the same period last year, as investment has declined, and the volume of personal consumption has not…
Published on May 16, 2018
By Iris Barker

EU: Tax on financial transactions will bring € 19.6 billion

A tax on transactions with derivatives at a rate of 0.01% will provide more than half of the projected income, follows from documents prepared for a meeting of officials from…
Published on May 15, 2018
By Iris Barker

Will Argentina suffer Venezuela’s fate?

Argentina has found itself in a difficult situation. Currency crisis in the country is currently fueled by huge national debt and high inflation. The Argentine authorities have already requested assistance…
Published on May 15, 2018
By Iris Barker

Rising U.S. Rig Count Results In Fall Of Oil Prices From Multi Year Highs

Following signs of resistance from Europe and Asia to the possible decision of the United States for fresh sanctions on Iran – a major global crude expore4ter and this largest
Published on May 14, 2018
By Debdutta Ghosh

Drug-Makers Extorted By Other Countries, Hence High U.S. Drug Costs: Trump

Foreign government were accused of extracting “unreasonably low prices” from pharmaceutical firms by United States President Donald Trump. Trump has directed is top negotiators that this issue be made a
Published on May 13, 2018
By Debdutta Ghosh

Another Economic Debacle Heading Argentina’s Way?

Talks with the International Monetary Fund has bene initiated by Argentina for securing an emergency debt to tide over the rising inflation rates and a steadily falling currency – the
Published on May 10, 2018
By Debdutta Ghosh

Argentina is seeking help from the IMF

The currency crisis forced Argentina to ask the International Monetary Fund (IMF) for a flexible credit line.
Published on May 10, 2018
By Iris Barker

Facebook to test new advertising technology in Ireland

On the eve of the national abortion ban referendum, which will be held in Ireland on May 25, Facebook began testing a new technology to block placement of certain advertising…
Published on May 10, 2018
By Iris Barker

The EC green-lights ArcelorMittal – Ilva deal

The European Commission approved acquisition of the Italian steel producer Ilva by the international concern ArcelorMittal. This transaction will not have a negative impact "on the European industry, it employs…
Published on May 8, 2018
By Iris Barker

Japan tightens regulation of cryptocurrency exchanges

Japanese regulators announced a tightening of regulation of crypto instruments in an attempt to prevent new problems after Coincheck exchange was hacked in January of this year.
Published on May 7, 2018
By Iris Barker

Stress Test On Greek Banks Shows They Will Loose $18.6 Billion Of Capital: ECB

A stress test conducted by the European Central Bank on the banks of Greece has revealed that in the case of an adverse economic scenario, around 15.5 billion euros ($18.6
Published on May 6, 2018
By Debdutta Ghosh

California Is Now The 5th Largest Economy In The World, Surpasses The UK

New U.S. federal data made public Friday claimed that the economy of the United Kingdom was surpassed to become the fifth largest economy in the world by the economy of
Published on May 5, 2018
By Debdutta Ghosh

Nearly $2 Billion A Year Loss Of Business In Japan Because Of Pollen

Businesses across Japan are hit every year during springtime because of widespread bouts of hay fever even though this is also the seasons when there is blooming of the famous
Published on May 5, 2018
By Debdutta Ghosh

Interest Rates Raised To 40% In Three Hikes In Eight Days In Argentina

In a surprising move, the urate of interest was raised by the central bank of Argentina thrice within a span of just eight days even as the currency of the
Published on May 4, 2018
By Debdutta Ghosh

New EU budget: Winners and losers

The European Commission presented the draft budget of the EU for 2021-2027. Germany will pay more, and Poland and Hungary can be punished with a reduction in payments. The fight…
Published on May 4, 2018
By Iris Barker

Tesla reports huge loss in Q1 2018

The manufacturer of electric vehicles Tesla reported a record quarterly loss. It amounted to 710 million dollars in the first quarter of 2018. The company has been reporting a loss…
Published on May 3, 2018
By Iris Barker

Fed points to stagflation in the US

On Wednesday, the Federal Reserve slightly changed the tone of their statements. The regulator believes that accelerating inflation no longer requires a fast increase in the rate.
Published on May 3, 2018
By Iris Barker

Australian MPs denounce excesses of the cashless welfare cards, authorities turn a deaf ear

In 2015, Tim Cook stated that the next generation of children "will not know what money is." It was at a meeting with students at Trinity College, Dublin, and, obviously,…
Published on May 2, 2018
By Editorial Team