The Ecuadorian Ministry of Energy announced restoration of oil production in the country after a number of fields in the Amazon, previously blocked by protesting Indians, returned to normal operation. "After resuming activity in the oil fields of the Amazon region, the Ministry of Energy and...

China has appealed to the World Trade Organization (WTO) to seek an approval to impose tariffs on $2.4 billion on United States imports into the country in retaliation for Washington not complying to an order from the WTO that was passed by it during the presidency of Barak Obama, showed a document...

The deal for the exit of the United Kingdom form the European Union as agreed between the Prime Minister Boris Johnson and the EU leaders in Brussels last week was voted to be delayed by British MPs. The majority of law makers argued that they needed more time to conduct a thorough study of the...

It is not only China that is feeling the pinch of its trade war with the United States but and the collateral damage is being felt in many other parts of the world.   At the International Monetary Fund and World Bank fall meetings in Washington this week, grim tales of suffering economies...

According to a September 2018 study, cybercrime will have generated 1.5 trillion dollars in 2018 and all figures are on the rise. In this context, what is the role of banknotes security technologies? Digital technology is advancing and with it the means to protect dematerialized transactions. But...

The growth of gross domestic product (GDP) of China for the second quarter of 2019 touched record lows at 6.2 per cent primarily because of the impact of the trade war with the United States.    According to data published by the National Bureau of Statistics (NBS) of China, the economy...

Facebook expects that about 100 banks and financial firms will join its digital currency project Libra as soon as the social media platform is able to adhere to all of the regulatory concerns even though a number of high-profile partners including PayPal, Visa and Mastercard have exited the Libra...

The former United States trade chief, Michael Froman, has said that despite the "special relationship" that the United Kingdom has with the US, London should not expect that any favorable terms in trade will be given by Washington.   He said that no compromise on its own economic interest...

Copper is getting cheaper due to news from Chile: Antofagasta, one of the largest in the world, managed to prevent a strike of workers at the copper deposits demanding better wage conditions. The quotes are also pressured by the weakening economic growth of the global economy. Earlier, the IMF...