According to analysts, a reflection of a broader global business slowdown because of a slowdown in the Chinese economy can be had from the disappointing results from construction machinery giant Caterpillar and a negative forecast for revenues by chipmaker Nvidia.   "Caterpillar and Nvidia...

The state owned oil firm of Venezuela has been imposed with sweeping sanctions by the United States apparently to force the Venezuelan President Nicolas Maduro to accept opposition leader as a the president of the country and step down from his position.   US National Security Adviser John...

On Monday, the cost of the nearest futures contracts for the supply of European Brent crude fell below $ 60 a barrel for the first time in two weeks. The bear game is played against the background of the inability of the United States and China to come to an agreement, as well as restoration of...

According to survey by the National Association of Business Economics’ (NABE) for the United States for its quarterly business conditions gas revealed that there has apparently been no significant impact on the capital investments or the  hiring plans of companies in the US despite the $1.5...

The first place in terms of the inconsistency between the due and actually paid taxes is taken by Luxembourg. The situation in the EU is the best is in Bulgaria, according to the research materials. Large corporations in the European Union almost never pay the taxes due to them in full. There is a...

China has the ability to and the confidence to keep growing at an appropriate range in 2019 notwithstanding the headwinds, said the Chinese Premier Li Keqiang on Friday while taking part in a discussion with some foreign experts working in China just ahead of the Chinese Lunar New Year starting...

A debate over national security has been sparked in the Philippines about whether China could get control over a port near the disputed South China Sea after an incident of a major corporate bankruptcy.   Ways to take over control for a shipyard on a former U.S. naval base – which is known...

In what can be considered to be the latest signals of a slowdown of the global economy, over the last six months, there has been a plunge in the freight rates for dry-bulk and container ships which are the vehicles that carry most of the raw materials and finished goods of the world.   Since...

In modern global economy, the entire global economy slows down if China is unable to keep pace despite the level of stimulus injected into the US economy – which also stutters because of China slow down. .   This is the view of the International Monetary Fund which has presented an interim...