According to the minutes of the U.S. Federal Reserve’s latest monetary policy meeting, despite the fact that there was a division between the Fed officials at eh meeting, the Fed is all set to increase the bank rates in December.   "Many participants thought that another increase in the...

The International Monetary Fund is of the view that if the Zimbabwe economy wants to obtain international aid and get out of the bad situation, it needs to do something quickly.   Zimbabwe mission chief of IMF, Gene Leon, said that structural reform is needed in Zimbabwe because the...

During the visit of Teresa May to Brussels on November 24, the EU negotiators will closely monitor whether she will signal that she is willing to risk the domestic situation in the country and increase the offer with the aim of concluding the deal in December, Reuters reports. Representatives of...

The ongoing ethnic cleansing in Myanmar will be attempted to be halted by the world’s second largest economy.  But selflessness is not the driving force behind this as safety and stability of the hefty investments in the region is the aim of the attempt.   A return of U.S....

The discussion about gold and bitcoin is complex and is still in its infancy, given that humankind has been using gold for 2700 years as money, and bitcoin has been around for a modest 8 years. Purely from the investment point of view, bitcoin has absorbed a significant amount of funds that could...

China will strengthen financial regulation and take tough measures to combat speculation in the real estate market in order to stabilize prices and prevent the emergence of bubbles, the Central Television of China (CCTV) reported. During a joint working meeting in Wuhan (Central China),...

India needs to keep a close watch on its fiscal health in order to brighten its chances of an upgrade from other global rating agencies even though the country has received a surprise upgrade from Moody’s last Friday, say analysts.   The second lowest level in the investment rating was...

Venezuela's competitors in the OPEC group are gradually seizing the country’s share in the world energy market, as the Venezuelan oil industry is being in crisis and trying to comply with the terms of the OPEC+ deal, Reuters reports citing OPEC data and sources in the industry. Oil production in...

A recent study has indicated that in rode to solve he affordability crisis for homes in Sydney in Australia, it would not merely be enough to building more houses.   In fact, researchers found that despite a long-term oversupply in many suburbs, the house prices in the city had soared. The...