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Thyssenkrupp is ready for consolidation. It’s indebted and fights for its...

The German company Thyssenkrup announced on Monday it would seek for possibilities to consolidate its positions in two key sectors. The managements aims to...

Saudi Arabia sets half million for agriculture imports

Saudi Arabia plans to allocate 2 billion riyals, that is $533.3 million, to import agriculture products and to secure food supplies of the country Country...

EU economy crushed into recession after first quarter

What has been expected and predicted for weeks, has now turned into reality Eurostat, the statistical office of the European Union, has confirmed that the...

We will use the full range of tools to save the...

In its two-day session, the United States Federal Reserve System (FED) agreed to keep the basic interest rate in a range of 0 to...

Will gold reach a record-high level?

Gold surpassed record-high level of $1,700 per ounce It approached the all-time high level of $1,830 per ounce, a record from August 2011. Moreover, some...

Analysts believe that the economic recovery will be U-shaped

Even though many countries have only started with release of anti-coronavirus measures, economists already discuss speed of economic recovery. Reuters asked 45 experts from...

Gold slightly dropped against growing dollar

While gold reached a record high value since 2012 on Tuesday, it dropped on Wednesday The reason for the recent drop was increased trust of...

Markets will further slump, hedge fund manager warns

Dan Niles, Satori Fund manager warns that the U.S. Stock Exchanges aren’t even close to a bottom yet He based his predictions on progress of...

Is the ‘Long Depression’ about to repeat itself?

Long depression? Not only is the developed world experiencing the longest period of continuous economic growth after the World War II but also does the...

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