At the end of 2014, the US was the only bright spot among the world's largest economies. China's economic growth had slowed, Europe was on the brink of deflation, and Japan was coping with recession. However, the performance of the US economy became worse in 2015. Economic indicators show that the...

Italian real estate brokers have welcomed the price drop occurring in the property market. With easing of lending and mortgaging rates, consumers have been encouraged towards purchasing real estate. Financial institutions have predicted gradual recovery of the Italian property sector. Home property...

The experts of Moody's rating agency identified the main risks that could result in a downgrade of the UK credit rating in the future. According to published estimates of Moody's Investors Service analysts, in 2015-2016, UK economy will show a stable trend (with GDP growth rates of 2.7% and 2.4%,...

In a setback to investors and market enthusiasts, the IMF has downgraded the GDP estimate for US this year and advised the Federal Reserve to not increase the rates until the first half of 2016. The International Monetary Fund has given a red herring to the US economy. The international watchdog...

25 years ago, the Chinese authorities brutally suppressed the protests by broke up a demonstration in Tiananmen Square in Beijing. Today, non-conformism took new forms - in particular in art. Mostly, West associates intelligent, creative protest against the ideological pressure the Chinese...

The debt-ridden country has to now take actions on the austerity measures and economic reforms outlioned by IMF. The prime minister of Greece has submitted a bail-out proposal for the debt-ridden country and called it as a realistic proposal.   Greece Prime Minister Alexis Tsipras has...

OPEC continues to be in chaos with Russia increasing its oil production to record Post-Soviet level. Russia has increased its oil production to around 10.71 million barrels a day for the month of August in a bid to oust OPEC and its decision to not cut oil production in the Middle East.  ...

Indian energy giant Reliance Industries has sold its 49.9 percent stake in a US joint venture to Enterprise Products Partners for $1.07 billion.   The JV called Eagle Ford (EFS) Midstream, co-owned by Pioneer Natural Resources Co, owns a 460 miles pipeline network to exclusively transport...

The countries of the Euroasian economic union and the Socialist Republic of Vietnam signed the agreement on free trade. The prime minister of the Russian Federation Dmitry Medvedev and the head of the government of Vietnam Nguyen Tan Dung also signed two additional protocols and the second...