When a shale revolution took place in the USA a few years ago and American oil companies entered the world market, the oil-producing countries realized that America was serious and it would be impossible to negotiate a reduction in production. This can primarily be explained by specifics of the...

The drop in the largest crypto currency in the world bitcoin continued unabated as it fell through as much as 11 per cent during last week end. On the overall, the crypto currency has seen a total drop of 76 per cent in its value so far this year “The general market sentiment seems to be that...

Two US regulators called on the UK and the European Union to ensure transparency and stability when the kingdom leaves the bloc in order to minimize negative consequences for financial companies and markets, reports Reuters. The Chairs of the Commodity Futures Trading Commission (CFTC) and the US...

Innovative technological development is pushing traditional corporations towards venture investment. Europe is experiencing a “tech-hype” and expects to press Silicon Valley. This was discussed at the annual Slush start-up conference held in Helsinki. As noted in the report “The State of the...

The Bank of England governor, Mark Carney, has warned that a bad deal for Brexit could result in an increase of between 5 to 10 per cent in food prices in the United Kingdom.   If the Brexit is extremely disorderly, food prices can rise by 10 per cent and they can rise by about 6 per cent in...

The European Commission has developed a package of measures to increase use of the euro in strategic areas such as energy, commodities, and aircraft manufacturing, the Financial Times reported. It is assumed that the plan should reduce influence of the US dollar in procurement of energy raw...

Compromising on fuel tax under protests will not affect the budget commitments of France. The government of France decided to suspend the tax increment on fuel which was planned. The said step comes when faced with “violent protests”. However, the Finance Minister of France, Bruno Le Maire informed...

There are very little details of the so called 90 day truce in the US-China trade war along with concerns of whether China would ultimately cow down to US trade demands. But that has not stopped the Trump administration from celebrating it as a significant breakthrough.   "This is just an...

On Tuesday, December 4, experts and analysts of the Danish Saxo Bank Group presented their traditional “shocking predictions” - unlikely, but nevertheless not entirely impossible events that could have serious consequences for the whole world. Experts warned that although this is not the official...