Industrial production in Japan declined more rapidly in May than it was in the aftermath of the devastating earthquake in March 2011, while stocks reached their highest level in almost a year, suggesting that the nascent economic recovery may die before it recovers. Household expenses also fell in...

According to the Institute of International Finance (IIF), the growth of the world debt for the past year has slowed down: in the first quarter it grew by only $ 600 billion, at the same time making a record $ 217 trillion, which corresponds to 327% of world GDP. The growth of debt compared to last...

With one encounter at a time, Canada's trade minister is trying to save NAFTA, in the baking Ohio heat.   As a part of a concerted Canadian outreach campaign ahead of talks to renegotiate the North American Free Trade Agreement, Francois-Philippe Champagne is in Cincinnati for a...

The UK is shutting down the largest underground gas storage facility, which could result in a fuel shortage this winter. Most likely, all European storage facilities will no longer be available after Brexit. Now the main gas supplier to the country is Qatar, which is in a political crisis. The gas...

G20 economic coordinators classifies Fintech activities for the possible introduction of new Fintech rules in the future. A review carried out by “global regulators” claims that the fintech growth does not translate into “any compelling risks” on the “financial stability”. However, this scenario...

Making the United States think twice over pursuing inward-looking policies and standing against a protectionist tide threatening the global economy, a free trade deal is being aimed to be reached between the Japanese and European Union through a negotiators’ meeting in Tokyo.   With almost...

Rumours and “flash crash” weighs down customers’ confidence on etheruem. On Monday, Ethereum, the rival of Bitcoin, took a plunge while “a major exchange” put its effort to “shore up confidence” in vain. As a result, an announcement was made whereby the customers who lost their money in “flash...

Sales of new cars in the US in 2017 will be range "below 17 million," which may indicate a moderate decline in the industry, told experts General Motors quoted by Reuters. According to analyst Chuck Stevens, the market is definitely slowing down, it needs to be monitored monthly, and pricing is...

The British government claims that stepping out of the E.U will enable the country to live up to its “commitments” towards the world. Ever after quitting the E.U, “nearly 50 developing countries including Bangladesh, Sierra Leone and Haiti”, will have “duty-free” access to Britain’s markets for...