Rise in the price of consumer electronics, broken world trade and increase in US federal debt are some of the most important consequences of a possible war on the Korean peninsula, according to a new report from Capital Economics consulting agency. The US and South Korean troops entering into an...

The Indian authorities have long ignored the way various regions of India received funding. As it turned out, the authorities of the Indian states have been practically sabotaging the central government’s efforts to reduce the debt burden. Which state of India is likely to return the loan: Bihar,...

Trying to stabilize its own catastrophic situation, Venezuela suggested reducing OPEC production to 5 million barrels per day, which is more than 4 times higher than current decline in production. According to experts, the proposal is completely unrealistic. The situation with oil prices could be...

The tax break that the Trump administration has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle, is being pushed to be extended by major U.S. multinationals.   Lobbyists for technology, drug and...

Japan hopes that the US will return to the Trans-Pacific Partnership (TPP), and is only "pretending" to negotiate a bilateral deal, Kotaro Tamura of the Milken Institute told to CNBC. "The Prime Minister and the government of Japan paid huge political capital to create the TPP, they do not want to...

Tensely negotiated reforms’ deal pushes Greece to pass “new measures” in reduced growth forecast figures before the final meet takes place. Greece has revealed a “mid-term budget plan”, wherein it has cut the growth forecast of 2017 from “2.7 percent”, whereby reducing the same to “1.8 percent”....

Investments in President Xi Jinping’s famous project "One Belt and One Road" fell in 2016, as several indicators showed. This raises doubts about readiness of commercial enterprises to invest in the strategy which is pursuing not only economic but also geopolitical goals. Leaders of 28 states...

The biggest concern for some market analysts is the lack of concern with the S&P 500 and Nasdaq Composite hovering near record highs and as the strongest earnings season since 2011 draws to a close.   The largest daily move on the S&P 500 in almost three weeks was only 0.4...

While Europe and Japan have showed that they remained worried about Washington's shift in trade and economic policies, the United States said on Saturday that the world's other rich economies were getting used to the policy plans of President Donald Trump.   In the hope of hear more about...