Economics

India needs to keep a close watch on its fiscal health in order to brighten its chances of an upgrade from other global rating agencies even though the country has

Venezuela's competitors in the OPEC group are gradually seizing the country’s share in the world energy market, as the Venezuelan oil industry is being in crisis and trying to comply…

A recent study has indicated that in rode to solve he affordability crisis for homes in Sydney in Australia, it would not merely be enough to building more houses. In

Just a few years ago the single European currency was practically a symbol of political instability and faced threats to its very existence. Now, it is attracting buyers, while risky…

The head of the European Central Bank (ECB), Mario Draghi, predicts that workers in the euro area will soon begin to receive higher wages. This, in turn, will reduce the…

The highest ever spending in a month by visitors to the UK this August as visitors took advantage of a weak pound following its devaluation after Brexit as over £2.8bn

Theresa May was warned that if the U.K. wanted to initiate trade talks on Brexit with the E.U. before the end of the year, then Britain would have to make

The news that a software upgrade was slated to go ahead in hours saw the bitcoin hitting an all-time high just below $8,000 (£6,060) on Friday. The software in question

The desire of India to use digital technology has resulted in major changes in the country’s economy. This represents an investment opportunity of several trillion dollars, as the level of…

Government regulation of cryptocurrencies was called for by the Supreme Court of India which also directed the Indian government to take steps to that end. Demanding acknowledgement and a response

German regulators are supporting a compromise over the adoption of new global rules of banking aimed at avoiding the recurrence of the financial crisis of 2007, their representative said, quoted…

In July, the famous American professional boxer Floyd Mayweather wrote in Instagram: "I'm going to earn a terrific amount of money on August 2 with Stox’s ICO." This was, in…

A recent research suggests that there have been potentially damaging impacts on the pension savings and the larger UK economy by the crowding out of long term savings and investments

In the latest Global Economic Outlook 2018, the Conference Board estimated that through 2018, a growth rate of 3 percent would be clocked by the global economy after the growth

China returned to the accumulation of oil reserves in November, which was a serious rebound compared to September and October, when stocks fell by more than 120 million barrels according…

Economic growth in China slowed in October, while the credit risk management campaign is gaining momentum, and the Communist Party declared a less strict approach to achieving growth targets, Bloomberg…

The debt of the United States is about $ 20 trillion. And when it comes to who owns American debt, everyone recalls China, Japan and other big countries-holders of Treasuries.

In what can be read as a sign for the declining interest of U.S. firms to do business in Cuba since Donald Trump took over Presidency, there were only 13

Debates about the long-term sustainability of Greece's debt will begin after the country's creditors review its reforms, Greek Prime Minister Alexis Tsipras said.

The National Aeronautics and Space Administration (NASA) of the United States and Uber Technologies Inc. on Wednesday signed an agreement on the joint development of a project of flying taxis…

People in Asia are thriftier than in other regions of the world, and this is one of the most established views about the global economy. This belief is based on…

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 and…

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,…

Recently, bitcoin has updated a new historical maximum, but many experts still consider the crypto market a bubble.

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 Tinto’s Aluminum Executive…

Another week, and another IMF’s warning about scenarios of financial collapse.

Last week, Swedish bank Nordea Bank AB announced reduction of 10% of its staff, that is, 6 thousand employees.

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 the…

Veteran market watcher David Rosenberg is finding places to put money to work even though he may be one of Wall Street’s biggest bears. And travelling half way around the

Some improper behavior has already been revealed by a parliamentary commission which is conducting a fresh investigating into allegations against the Italian banking scandals. This was revealed in an interview

The Norwegian Oil Fund took advantage of favorable market conditions and received revenue for the sixth consecutive quarter, the Financial Times reported.

According to the data available from a UBS study that was reported and published on Thursday, with one billionaire created every two days in Asia, the total billionaire wealth has

While extending the length of time that its stimulus program runs, the level of bonds it purchases every month was cut by the European central Bank (ECB), it decided on

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 supply…

With the newly-created bitcoin gold seeing its value plunge over 60 percent, the price of bitcoin took a hit after the cryptocurrency underwent another split. Before recovering nearly $300, bitcoin

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 payments…

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.

The yen weakened, and Japanese stocks rose amid a stunning victory in the lower house of parliament of Prime Minister Shinzo Abe.