During the first day of the World Economic Forum's "Summer Davos" event in Dalian, China, Premier Li Keqiang delivered an address resoundingly touting the benefits of globalization.   Although he acknowledged that countries may also face challenges along the way, but saying that "it is...

Head of the European Central Bank (ECB), Mario Draghi, spoke in favor of incentive measures, saying that young people will benefit from the revival of growth in the euro area, reports Bloomberg. The soft monetary policy of the ECB helped to ease the problem of inequality in the region, which is...

Last summer, UK residents voted to "stop feeding the EU", meaning to finance a number of joint projects. Now, however, it turns out that it is the EU that feeds the UK: the British are forced to deny themselves fruit because of rising prices. Оne year ago, on June, 23, inhabitants of the Great...

According to a new survey conducted by CNBC, fears that a trade war could be forthcoming has been ignited by a war of words between U.S. President Donald Trump and German Chancellor Angela Merkel in recent weeks.   As stark differences regarding climate, trade and defense...

Representatives from Beijing said in New York last week that China’s flagship One Belt, One Road infrastructure program has far from enough financing right now.   Similar to the ancient "Silk Road" that connected Asia with Europe, an ambitious initiative to build a network of infrastructure...

ExxonMobil and its colleagues risk wasting $ 2.3 trillion on oil projects that will not be needed if the world reaches peak demand for hydrocarbons over the next decade, OilPrice writes. A new report from The Carbon Tracker Initiative analyzed what will happen if the oil market sees a peak demand...

The first Bitcoin store ever offers various range of products besides a “Bitcoin ATM”. “House of Nakamoto” based in Vienna is the first “Bitcoin Store” which was founded by Magdalena Isbrandt, who recounted her discovery of Bitcoin, saying: “I studied in Beijing, and after graduation, I worked at...

The duopoly of Airbus and Boeing will be forced to share the stage at future shows as newcomers from Russia, China and Japan muscle into the passenger plane market even though this year's Paris Air Show was dominated by the annual order battle between the two largest aircraft manufacturing...

It’s an opportunity to rejoice for the BoE members in support of interest rate hike in Britain given the country’s manufacturing sector’s performance. Within a span of almost three decades, the orders are flowing at the “highest level” at present in the British factories, reveals a monthly survey...