The results of a study that was conducted by a team of economists at leading American universities which was published earlier this week showed that the United States economy lost out on $7.8 billion in lost gross domestic product in 2018 because of the trade battles initiated by the US President...

China promised broad and wide ranging changes to its economic policy in order to arrest a sharper slowdown for the world's second-biggest economy. The Chinese Premier Li Keqiang said on Friday that reserve requirements and interest rates could be used by China to support economic growth.  ...

The US economy reported a slowdown in manufacturing in February, 2019 because of a slowdown in growth of new orders and amidst rising concerns among managers of increasing commodity prices.  This was the second straight month of drop in U.S. manufacturing output fell   There was a...

The Bank of Japan, following results of the two-day meeting, left the monetary policy unchanged, proposing a more gloomy assessment of exports and production and warning of growing external risks for the economy. As expected, the interest rate on deposits of commercial banks in the Central Bank was...

Malta has become another member of the European Union which is considering the possibility of joining China’s large-scale infrastructure initiative “Belt and Road”. “Certain prejudices” should not interfere with good business, said Malta’s Minister of Finance Edward Scicluna in an interview with...

Uncertainties of Brexit slow down Britain’s economy, although 2018’s employment figures seemed promising. Nevertheless, researchers find that policymakers may have to worry about something else. The headlines of a strong hold in Britain’s labour market are doing the round, while hiding beneath it...

In the next five years, demand for oil will continue to grow at a rate higher than its supply, follows from a forecast of the International Energy Agency until 2024. A 70% increase in production will be provided by the United States, which by the end of the forecast period will oust Russia from the...

In February, Chinese banks issued significantly fewer new loans than a month earlier, while the authorities are still striving to support the economy. The volume of new bank lending in China in national currency amounted to 885.8 billion yuan ($ 131.81 billion) in the last month, showed the data of...

The comments of a former UK minister about the country would not be able to accept the “woefully deficient” American farming practices after a post-Brexit trade deal was nullified by the US ambassador to the UK and dismissed the charges that the US food standards was a “marketing campaign”.  ...