Economics

Following the failure of the Belgian federal government to win the consent of French-speaking regional authorities, the European Union’s hopes of signing a landmark free trade deal with Canada this

A political currency that never seems to lose its value in Germany is fretting about inflation. The savings of the people of Germany are in for a renewed onslaught from

In China, average prices for new homes rose 28 percent in Tier 1 cities, which encompass affluent metropolises like Shanghai, and 10 percent in smaller, Tier 2 cities in the

The U.K. chairman at KPMG said that amid uncertainty over when the U.K. will leave the European Union (EU),, the pound will remain volatile. “There’s nothing sort of implicitly good

The European Central Bank firmly shot down any talk of tapering its 1.7 trillion euro asset-buying program but kept the door open to more stimulus in December even as it

The Swedish krona is falling free (the currency become cheaper by almost 10%, to $ 0.1135, since April).

No country in the world attract as much foreign investment as the United States do, according to a recent study by Organization For International Investment.

Yet another downside to how little is left of the country’s middle class is being discovered by the Bank of Russia. Due to growing wealth inequality and the disappearance of

Wall Street Journal, citing data from the US Department of Agriculture. Milk was poured directly on fields, into compost pits, was given livestock or even left in the middle of…

Chinese state-owned Sinochem and ChemChina are in talks to merge. The deal could give rise to a world leader in the field of oil refining, chemicals and fertilizers revenues, learned…

For the first time in 25 years, Norway can get a shortfall budget. The authorities decided to withdraw money from the wealth fund. Their plans also include reduction the tax…

Nobel winners in Economics in 2016 became Oliver Hart and Bengt Holmström "for their contribution to the development of the theory of contracts", announced the Swedish Royal Academy of Sciences.…

Bank of Japan has been called to be more vigorous with fiscal and structural policies to reflate a fragile economic recovery by the International Monetary Fund First Deputy Managing Director

A bevy of analysts have been led to redouble their warnings that a backlash over globalization is poised to roil global financial markets—with profound consequences for the real economy and

Driven by computer-initiated sell orders that left the pound at a fresh 31-year-low and heading for its worst week since January 2009, Sterling lost a tenth of its value in

According to Joseph Stiglitz, one of the greatest economists of the world, there is a collapse waiting for the European Monetary Union. The Nobel laureate said that the euro zone…

This morning, the British pound has experienced a sharp drop of more than 6%, which immediately caused panic on the stock exchanges. However then, the pound almost completely restored to…

Diego Parrilla, managing director atinvestment firm Old Mutual Global Investors believes that we should recognize how mispriced gold is and it is being largely misunderstood. “We are creating the biggest

A revitalized dollar, boosted by resurgent U.S. interest rate hike expectations, and Brexit worries resulted in Britain’s pound slumping to a three-decade low. Hit by a growing sense that the

The pound sterling fell sharply to other world currencies after statement of the British Prime Minister Theresa May of imminent launch of the EU exit procedure. Bloomberg index, tracks changes…

Japan began to review data on GDP growth because of rising concerns about the information’s inaccuracy. In particular, data for 2014 may have been grossly underestimated, according to a report…

Saudi Arabia has planned to raise $ 10-15 billion in international financial markets to finance the country’s living. However, the new law adopted in the United States could complicate those…

An alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns was given a second wing by the Federal Reserve and Bank of Japan’s

Royal Bank of Scotland (RBS) will pay $ 1.1 billion to settle claims of the US National Credit Union Administration (NCUA), according to Reuters.

The Bank of America Corp. is of the view that because of China’s debt woes, there can be a financial crisis in China at any time. On the other hand

Price wars, led by OPEC and the US to bring down the prices of raw materials on the world market, have lost relevance, said analysts of Bank of America Merrill…

With the first debate between candidates Hillary Clinton and Donald Trump starting on Monday, who becomes the next U.S. president will be a primary focus for Wall Street next week

Indicating that the economic upturn in the region is fragile and failing to achieve any real traction, there was more bad news for euro zone on Friday with the latest

Reduction of investment in oil production has been lasting for already two years. In the future, it may lead to a significant shortage of oil on the market, warned the…

China may face a crisis of large volume of credits, issued by banks to the corporate sector. This is stated in a new quarterly report of the Bank for International…

According to new research by economic consultancy firm Longview Economics, the famous Dutch “Tulip Fever” bubble of 1637 is being remembered by many while others draw similarity to it with

European Commissioner for Single Market, Industry and Entrepreneurship Elżbieta Bieńkowska said that the European Commission will propose to issue joint stocks of European defense industry companies in September this year,…

In order to maintain the size of its newly enlarged asset-purchasing program, the Bank of England opted to hold base interest rates at record lows on Thursday. The base rate

Volume of mortgage lending in the UK by the end of July decreased by 12% compared to the same period last year. This is evidenced by the UK Council of…

Money managers are bracing for a last-minute exodus of as much as $300 billion from funds in regulators’ cross hairs with a seismic overhaul of the $2.6 trillion money-market industry

According to Oxford Economics, there can be grave implications for the world’s largest economy by a win for U.S. presidential candidate Donald Trump. U.K.-based economists Jamie Thompson and Sarah Maxwell

In comments that solidified the view the central bank would leave interest rates unchanged next week, Fed Governor Lael Brainard said that the Federal Reserve should avoid removing support for

Saudi Arabia elbowed the United States from position of the largest oil-producing country in the world, says report of the International Energy Agency. Expected balance of global oil market has…

Speculation that the European Central Bank is pressuring governments to take up the baton to simulate growth was prompted after a rather muted and lackluster media conference by Mario Draghi,

Economists from Credit Suisse and Morgan Stanley improved growth forecast for 2016 and 2017. They abandoned their expectations of recession, but experts still believe that the decision on Brexit will…

While shrugging off growing market concerns that the Bank of Japan is reaching its limits after an already massive stimulus program, the bank’s Governor Haruhiko Kuroda signaled his readiness to

Fresh publication of Cap Gemini’s "World Wealth Report" showed surprising consequences of the world's central banks’ quantitative easing in 2015. Number of millionaires in the world has increased not only…

The Bank of International Settlements (BIS) noted a tilt away from London towards financial districts in Asia as volumes in global currency markets shrunk in the last three years. The

U.S. banks have been prompted to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning due to years of stubbornly low

Helped by a boost to exports from sterling’s post-Brexit slump¸ factories recovered from the initial shock of June’s vote to leave the European Union as British manufacturing staged one of

The plunging of global bond yields as resulted in a tight squeezing of interest income for investors. However on the other side, he various government, may issuers of these bonds,