China revised its last-year GDP to higher level
GDP reached more than $13 billion after revision last year
That may sound like good news, yet even so the Chinese economy grew slowest since...
The U.S. housing market is breaking records. People are buying the most in fifteen...
The real estate market in the US is fed by government measures to boost the economy, according to experts. But there is also a...
Firmer Financial Markets and Supply Cut Expectations Bolster Oil Prices
In combination to stronger financial markets, expectations that the OPEC cartel will continue to withhold oil supply has caused a surge in oil prices...
Inflation in the euro area rose slightly in July
Prices in euro-paying countries rose 0.4 percent year-on-year in July. That's a tenth of a percentage point higher than in June. The European Union as a whole then reported an annual inflation rate of 0.9 percent.
Abu Dhabi to operate first nuclear plant in the Arab world
UAE issued license for operating first nuclear plant in the Arab world
Barakah nuclear power plant should generate electricity later this year.
The reactor was constructed...
The pound grows on renewed hopes of a Brexit deal, but the dollar drops
The British Pound/Euro market seems to be more favorable than the British Pound/US Dollar market. Investors appreciated renewed talks between London and Brussel, yet...
Japan’s economy will shrink more than had been expected
The updated prediction is based on survey among 32 leading economists, who predicted fall of 8% in the worst case scenario. However, this would...
Twitter is interested in buying TikTok’s U.S. operations
Experts believe that it’s not yet clear whether Twitter would be able to outbid Microsoft and complete a deal in 45 days. The time...
China does not follow energy trade deal agreed with the US
In the first phase of new trade deal between the US and China in January, China agreed to import energy commodities in the volume...
It’s time to invest in Latin American mining industry, some indicators show
According to the US Geological Survey, Latin America is a paradise for those investing in precious metals. The largest mineral wealth is probably concentrated...
