According to a report released by the rating company S&P Global Ratings, the U.S. economy runs the risk of entering a "mild" recession in 2023 and declining by 0.1 percent. "We continue to forecast a recession in the U.S. in 2023... GDP growth will deteriorate to -0.1 percent," notes the agency....

According to the UN Conference on Trade and Development (UNCTAD) 2022 study on maritime transport, the 20 largest carriers now account for 91% of all maritime trade worldwide, up from 48% twenty years ago. This could result in abusive activities in the markets. The statement, which was posted on...

According to new research, demand for residential properties in the United Kingdom has nearly halved since September's government budget, which spooked financial markets and toppled the prime minister.   The fiscal package, announced on September 23, triggered a bond sell-off and raised...

As Covid controls spread, China's capital city has come to a halt.   On Friday, more and more apartment complexes in Beijing prohibited residents from leaving for at least a few days. This comes on top of an increasing number of business activity bans, which have forced gyms to close and...

While many economies are reeling from the consequences of Russia's invasion of Ukraine, a few countries are benefiting from an influx of Russian migrants and their associated wealth.   Georgia, a small former Soviet republic on Russia's southern border, is one of several Caucasus and...

The first commercial solar electric vehicles will be available in the United States and Europe in the coming years. Sono Motors in Germany, Aptera Motors in Southern California, and Lightyear in the Netherlands are all producing electric vehicles with integrated solar panels that can harness the...

According to meeting minutes released recently, Federal Reserve officials agreed earlier this month that smaller interest rate increases should occur soon as they assess the impact of policy on the economy.   The meeting summary indicated that smaller rate hikes were on the way, echoing...

Christian Lindner, Germany's finance minister, has suggested taxing oil and gas corporations' surplus earnings. The tax is anticipated to be 33%, reports Die Welt, citing a document. Companies involved in the oil and gas, coal, and oil refining industries will be impacted by the planned effort. At...

The shocking defeat of the Argentine national football team against Saudi Arabia at eth football world cup in Qatar in its opening match has lowered the value of the Argentine Football Association Fan Token (ARG), in line with the nation's die-hard soccer fans' expectations.   According to...