The US economy was growing faster than originally expected. Corporate profits are also higher
The United States' gross domestic product rose 6.6 percent year on year in the second quarter. This is slightly faster economic growth than the preliminary...
7 Best Forex Brokers in Africa
To trade forex in the forex market, retail traders will need access to a trading platform, trading app, and a forex broker to facilitate...
Carbon taxes will hurt Russia more than sanctions, Rosneft chief said
The European Commission plans to introduce carbon taxes on greenhouse gas imports from third countries within five years. This "carbon duty" would significantly affect the...
The International Monetary Fund will provide a huge financial injection to the global economy
About $650 billion in special drawing rights (SDR) is about to be allocated by the International Monetary Fund. It thus wants to help less advanced...
July inflation in the euro area exceeded 2%
The growth rate of the price level in the euro area exceeded two percent in July. This happened for the first time in three years. However,...
The United States will experience a solar boom, the White House promises
The share of solar energy in electricity production could increase almost twelvefold by 2035. This follows from the strategy published by the US Department of...
The British pound lost against the dollar and the yen. It responds to concerns...
Decreased consumer confidence in the United States and a significant slowdown in industrial production and retail sales growth in China. These are the main reasons for the weakening of the British pound against the US dollar and the Japanese yen.
Combined Market Cap of World’s Largest Airlines Plunges by $12B as COVID-19 Cases Climb
Airline companies are still far from pre-pandemic profit and sales as some of their businesses, like business travel, are not even comparable to normal...
The German Greens are demanding higher tariffs on imports of goods from China. Due...
The head of the German Greens, Annalena Baerbock, who is a candidate for the next Federal Chancellor, is calling for the imposition of carbon tariffs on the import of goods from China into the European Union. Supposedly as compensation for so-called environmental dumping.
The International Energy Agency has worsened the outlook for oil demand. Because of the...
Oil demand growth dampened significantly in July. In the rest of the year, black gold is set to go for sales slightly worse than originally...
