Economics

The US and Canada usually get together very well. The countries have strong trade relationship worth more than $ 2 billion a day; the US is the largest foreign investor…

Oil Minister of India said that the country is quite satisfied with the quotes at $ 45-50 per barrel. At these levels, local production brings a reasonable profit, and consumers…

Norwegian Oil Fund intends to increase investment in real estate. The largest sovereign fund in the world, which assets amount to about $ 830 billion, is seeking to improve its…

For the current year, Forex Market Players bet the pound to $ 15.5 billion. The sum is very large: in size, it corresponds to the GDP of Iceland.

There are not many countries able to achieve economic growth at almost 8 percent. Even China, which last year managed to increase its GDP "only" by 6.9 per cent, hopes…

At first glance, the four largest banks in Greece are doing better than ever. In November, they received a third aid package for several years. The allocated € 14.4 billion…

Employees of Apple Inc. may refuse to perform their duties and are even ready to resign, if they are forced to crack the iPhone, which belonged to a terrorist from…

According to a new study, in 2015 were closed more hedge funds than at any other time since the financial crisis.

Unfunded pension obligations of 20 OECD countries reached $ 78 trillion. For comparison, total debt of the same governments is almost 2 times less ($ 44 trillion).

The spending by rich had increased by 40% in 2015 compared to a year earlier even as the year was marked as one with an overall decline in global wealth

After New Zealand set the bar high with a surprise rate cut that sent its currency tumbling, expectations for a fresh shot of stimulus from the European Central Bank on

Five of the largest American investment banks in 2015 surpassed their competitors from Europe by almost all financial indicators. Revenue of US investment banks last year amounted to $ 138.5…

MarketWatch’s financial columnist Brett Arends believes that the economic program of presidential candidate of the United States Donald Trump is a path that might lead to debt crisis. Basing on…

China plans to ensure the growth of its economy to 6.5-7% this year against 6.9% in 2015, said Prime Minister of the State Council of China Li Keqiang, speaking on…

Warning of a “gathering storm” which has long been brewing, the Bank of International Settlements has said that a fragile calm in global financial markets has given way to all-out

As a weak global demand hits growth and yen rises weigh on imported fuel costs, sources close to Japan’s central bank and people familiar with its thinking say that the

Even as uncertainty and instability in the global economy continue to pose a risk to the country’s growth, China’s top economic planner said on Sunday that China’s economy isn’t headed

While voicing concerns over sub-zero interest rates and emerging economies, the Bank for International Settlements (BIS) said on Sunday that the financial markets’ shaky start to the year shows they

Wall Street strategists claim that a major bubble in the market just burst for the bears. Better-than-expected U.S. data and a stable Chinese yuan has led to a popping of

Macau's economy has fallen to 20.3% last year. The main reason for that was massive anti-corruption campaign in China and the country’s economic downturn. The world's largest center of gambling…

According to the Revenue Service of the United States, cash receipts from Texas border cities decreased by 6%. Every year, the border between Mexico and the US is legally crossed…

Head of Berkshire Hathaway Warren Buffett published a letter to shareholders in which he admitted some of his mistakes. At that, Buffett believes that this current economic situation in the…

The UK government’s first official analysis into how Brexit would unfold in practice has clearly indicated that as the UK takes 10 years to extricate itself from the EU, car

It was necessary to look beyond ultra-low interest rates and printing money to shake the global economy out of its torpor said the world’s top economies declared on Saturday while

Recently, there was rumors that a storage in the largest oil hub in the United States - Cushing – is filled almost to capacity. However, such a large stock may…

Every traveler, whose plane landed in Tehran's international airport, becomes a client of the Islamic Revolution Guards Corps (IRGC) - regardless of whether he wants it or not. The elite…

The volume of Japan's exports fell sharply in January, as the country's economy found itself in a very difficult position amid the global financial crisis and falling demand in China…

Hard hit by falling oil prices which make up 95% of foreign income, Venezuela’s president, Nicolás Maduro, has announced the first rise in petrol prices in 20 years and a

Suggesting that two interest rate hikes are likely this year, a Reuters poll says that growing concerns about weak global growth and inflation are unlikely to deter the U.S. Federal

Noting a rise of 5% compared with 2014, euro area exports rose to the rest of the world to €2 040.2 billion last year, revealed figures from Eurostat. The euro

Growth in China is slowing, and dragging down all trade in Asia - growth in exports from developing Asian countries, lasted 20 years, is slowing; meanwhile, supply in China over…

According to the European Commission, restoration of border control between the EU countries can cost from € 5 billion to € 18 billion. This is only the direct costs. Indirect…

Seven countries, including France, Britain and Germany, urged the European Union to take steps to save the iron and steel industry choking from falling prices and cheap imports from China…

OPEC is unlikely to cut a deal with other producers to reduce ballooning output and declines in U.S. output would take time and that would leave the world to store