The outbreak of the new human-to-human coronavirus has dampened investor enthusiasm for the Chinese stock market, which previously had the fastest growth in recent years. Among the main victims are shares of consumer market companies, tour operators and airlines. The FTSE China A50 stock index,...

The global economy will witness a sluggish recovery in 2-020 even though it is on a recovery path, said the International Monetary Fund (IMF).   Its global economic growth forecast for 2020 has been lowered by the IMF by 0.1 per cent to 3.3 per cent compared to its predictions made in...

Young and small companies will receive special support from the state in Germany. Subsidies volume can reach up to €2.3 million. The German Ministry of Economics has developed a program to support small and medium businesses in matters of innovation. This was announced by the media group Funke with...

The United Kingdom is likely to start negotiations on trade with the United States even before it initiated Brexit talks with the European Union, claimed a report published in Telegraph.   The report cited source information that claimed UK Prime Minister Boris Johnson is likely to seek...

Inequality and financial sector instability in the world could result in a return of the Great Depression, warned the head of the International Monetary Fund.   The IMF has completed an new research which compared the situation of the current global economy to that of the “roaring 1920s”...

China’s National Bureau of Statistics announced on Friday announced that the 2019 growth rate of the country was the slowest in 29 years at 6.1 per cent.   This rate of growth was for a year in which the Chinese economy was hit hard by the tariffs imposed by the United States on exports form...

Global oil production in December 2019 immediately fell by 780 thousand barrels per day (bpd), to 100.7 million bpd, and this is 1.3 million bpd less than a year earlier, follows from January report of the International Energy Agency (IEA). Nevertheless, an excess of oil supply remains on the...

Climate change “can both improve and worsen the food system,” McKinsey Global Institute’s latest report on climate risks says. Yields in some regions may increase, while environmental conditions may lead to the loss of some crops in others, CNBC reports. Countries such as Canada, Russia, and parts...

A partial truce in the gruesome trade war between the United State and China – the two largest economies of the world, was achieved by the singing of the so called phase one of a trade agreement between the two countries.    The deal was signed by US President Donald Trump and Chinese...