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Tuesday, 15 October 18:30 (GMT -05:00)



Business And Politics News

Fed Cuts Key Interest Rate For The First Time In 10 Years


The U.S. Federal Reserve is reported to have cut the key interest rate, which is something really outstanding since the Fed has done it for the first time since 2009.

Publication date: 11 August 03:05 AM

Soros Says Russia Will Go Broke In 2017

According to George Soros, the world-famous billionaire an investor, Russia is going to go bankrupt in 2017 when it is time to pay most of Russia’s foreign debts. In order to avoid this worst-case scenario, Vladimir Putin wants the European Union to crash instead, which is why he has recently been doing his best to make it happen, the investor says.
 
Publication date: 09 March 10:37 AM

U.S. Oil Export May Destroy Russia’s Energy Superpower

Experts say that Russia’s status as an energy superpower is all about its ability to export energy carriers to the global market. With that being said, the status is in jeopardy since oil prices are ultra-low and still may crash even further, thereby making oil production more unprofitable for Russia.

Publication date: 04 March 12:50 AM

ALLIBIO on Benefits of Investing in E-Healthcare

Investing as a way of getting stable and stunning profits has always been the best option for:
 
- those trying to preserve and multiply their savings
- those looking for the funds to expand their businesses
- those making passive income for a living
 
Experts say that these days anyone with a little bit of savings can implement one or all of those goals since today’s environment with highly sophisticated technologies and developed financial markets opens a sea of promising investment opportunities. These days, even plain folks with little to no investment expertise can get consistent rewards month by month. Yet, such investments are going to outperform the conventional ones like bank deposits.
Publication date: 22 February 05:23 AM

IMF Downgrades Global Economic Growth Projection For 2016-2017

The experts working for the International Monetary Fund have downgraded their global economic growth forecast for 2016 and 2017. According to the revised forecast, the experts expect weaker growth – only 3,4% and 3,6% in 2016 and 2017 respectively. At the same time, the IMF revised its economic forecasts for some specific economies.

Publication date: 15 February 05:57 AM

Electric Vehicles Threaten Oil Exporters

Electric vehicles are getting more and more popular worldwide. Experts predict that electric vehicles may win up to 30% as a share in the global market of automobiles by 2030. With that being said, this is a real long-term threat to oil-exporting countries heavily dependent on their oil exports.

Publication date: 13 February 03:31 AM

China Accused of Faking GDP Stats

The Chinese economy seems to have exhausted its growth potential the way it is now. With that being said, Beijing now has to fight the existing lending bubble as well as the country’s dependence on investments. 

Publication date: 11 February 05:06 AM

China Goes Against Soros For Promoting Panic Around Renminbi

The famous billionaire and investor George Soros has been actively spreading reliable information on the speculation that is going on in China’s financial markets at this point. Apparently, Mr. Soros is a respected person in the international investment and financial world and his words and actions are always taken seriously by the community, which is why the Chinese authorities got extremely irritated by this step made by the billionaire.
 
Publication date: 31 January 03:26 PM

Oil Prices and Putin’s Fate

As oil prices keep going down, the international expert community is discussing the fate of Russia and Putin. Some of them look at the situation in Russia from the standpoint of perceiving President Putin as a stability guarantor by the Russian folks. Some contributing writers for major European editions, including Die Welt (Germany), are sharing their view on the deteriorating economic situation in Russia.
 
Publication date: 20 January 03:49 AM

USA Cancels Sanctions Against Iran

Iran is finally free of Western sanctions. The sanctions imposed by the USA and its Western allies regarding the Iranian nuclear program no longer exist, which gives Iran an opportunity to return to the global market of crude oil as a major player.

Publication date: 18 January 01:22 AM

IMF Sees China As Major Deterrent To Global Economy In 2016

This year, the global economy is going to be seriously affected by the economic slowdown in China, which is the world’s second-largest economy after the USA. This is what the IMF’s chief economist thinks on the matter. During his interview to IMF Survey, he said that the global economy is going to be seriously influenced by emerging markets, including China as the major one.

Publication date: 13 January 03:22 AM
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