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IEA Warns of Mounting Oil Surplus as OPEC+ Output Expansion Outpaces Demand 09/11/2025

Dollar Bears Say Slide Could Resume as Pause Looks Temporary 09/11/2025

Lufthansa to increase stake in Italian ITA to 90% by June 2026 09/12/2025

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Economics

Combination Of Energy Storage And Conventional Power Plants Creating New Paradigms: Navigant Research

The concept of storage of energy is closely linked to renewable energy where technology for energy storing is amongst the most versatile technologies on the grid. A new report from Navigant Research points out that the manner in which energy is stored is undergoing a paradigm shift because of a new...

How soon will Italy's populist parties scare investors away?

Goldman Sachs has removed one of Italy's most famous companies from the list of companies whose shares are recommended for purchase because of approaching establishment of a populist government. Italy has been living virtually without a government for more than two months after the unconvincing...

Investors are expecting low growth rates and buying risky assets

Portfolio managers of the largest investment funds expect a slowdown in the growth of the world economy, especially in the perspective of rapid tightening of the credit policy of the Federal Reserve System (FRS). However, in the coming year, the market is not expected to slip into recession, so...

UN: Two-thirds of the world's population will live in cities by 2050

The United Nations Department of Economic and Social Affairs published new projections on the global growth in the number of cities and urban population. According to the estimates, by 2030 there will be 43 mega-cities in the world with a population of 10 million people, and by 2050 two-thirds of...

Britain’s Finance Industry Urges The Government For A ‘Special Work Visa’ Post Brexit To Preserve The Global Financial Capital’s Importance

With the concerned brows the finance industry of Britain looks forward to shape the immigration scenario for working staff. Britain’s global banks are going to call for a “special work visa” for being effective after the official exit Britain from the block. This step is being taken to ensure that...

Institutionalization Of Cryptocurrency Being Inhibited By Three Factors: TABB Report

There are three trading risks that are holding back cryptocurrencies from going institutional according to a report by the TABB Group called “Crypto Trading: Platforms Target Institutional Market”. The report states that while some of the cryptocurrencies went mainstream in 2017, there are...

The economy of Japan declines after two years of growth

In the first quarter, the economy of Japan fell by 0.6% compared to the same period last year, as investment has declined, and the volume of personal consumption has not changed. Analysts interviewed by Reuters on average predicted a decline of only 0.2% in annual terms. Growth is expected to...

EU: Tax on financial transactions will bring € 19.6 billion

A tax on transactions with derivatives at a rate of 0.01% will provide more than half of the projected income, follows from documents prepared for a meeting of officials from 10 countries to be held this week. A tax on transactions with exchange contracts is expected to bring € 6.2 billion a year,...

Will Argentina suffer Venezuela’s fate?

Argentina has found itself in a difficult situation. Currency crisis in the country is currently fueled by huge national debt and high inflation. The Argentine authorities have already requested assistance from the IMF, hoping to receive approval of the loan in the near future. The International...

Rising U.S. Rig Count Results In Fall Of Oil Prices From Multi Year Highs

Following signs of resistance from Europe and Asia to the possible decision of the United States for fresh sanctions on Iran - a major global crude expore4ter and this largest member of the Opec, there was some fall in the price of global crude which had touched 3-1/2-year high last week. this was...