Saudi Arabia will consider renewing its pledge to cut crude output in six months, and its Energy Minister Khalid Al-Falih said that the kingdom has reduced oil production to less than 10 million barrels a day, below its targeted level. Currently,… Read More ›
French presidential candidate Emmanuel Macron has said that if Paris and Berlin fail to bolster the single currency union, the euro may not exist in 10 years’ time. However at the expense of weaker member states, the current system benefited Germany,… Read More ›
There is one nation in Europe that is showing signs of life amid a gloomy environment and uncertain political environment across Europe and with issues like Greece’s debt troubles and Italy’s banking crisis. Economists have point out to the media… Read More ›
EU leaders have repeatedly warned that the four freedoms of the 28 member nation bloc, Freedom of people, of goods, of services and capital, cannot be cherry picked. In a significant development, Britain’s famed finance industry has given up its… Read More ›
As to Italian banks try to raise billions of dollars to cover bad loans , they have proposed a deal to settle shareholder lawsuits. Even as the deal could dent confidence even further, it is the latest episode in Italy’s… Read More ›
Blockchain – the technology that gave birth to the renegade digital currency bitcoin – could be pushed out of cyberspace and into the real world in 2017 by the wave of anti-establishment sentiment sweeping the Western world. some big backers… Read More ›
Defying downturn predictions following Britain’s shock Brexit referendum the British economy has surged forward. However in the long run, the price of the sterling and its ability to negotiate access to EU’s single market will determine the country’s economic future…. Read More ›
Traded heavily in China, the cryptocurrency is used to go around capital control norms placed by China’s ruling bosses. In a significant development, bitcoin has jumped above $1,000 for the first time in 3 years. It has outperformed all currencies… Read More ›
Access to EU’s single market is key especially since Swiss products have a sizeable market presence. According to a survey, Swiss voters prefer closer ties to the EU and its single market than adopt immigration curbs that could jeopardise these… Read More ›
As a direct fall out of the Indian Prime Minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight, the global diamond industry is facing disruption that could stretch through the first few months of next year,… Read More ›
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