Cuba’s economy is stagnating. The country is looking for foreign investments, and these might come from Russia rather than from the United States. Andreas Knobloch reports on a trade fair in Havana. Good and at...
India and Russia have announced a major arms deal, violating US sanctions. Energy sector sources also say New Delhi will purchase 9 million barrels of Iranian oil. Both moves will test India’s relations with the...
Foreign private-sector investors and “foreign official” investors – central banks, governments, etc. – whittled down their holdings of US Treasury Securities by $21 billion at the end of July, compared to a year ago, to...
On the domestic front, Mr Trump’s undoubted major achievement has been to push ‘yuge’ tax cuts though a Republican Congress without conceding savings on federal spending. This certainly boosted equity prices and it seems many...
Through Republican and Democrat Administrations, no US president has found that a foreign country’s activities have risen to the level that can be considered manipulation for nearly a quarter of a century. Initially, the law...
Russia’s economy is the world’s eleventh-largest. Following a period of recession, it managed to return to growth last year despite Western sanctions widening. But can the country continue on the road of recovery? Russian President...
The five BRICS (Brazil, Russia, India, China and South Africa) represent no less than 4 billion people or 42% of the world’s population, and even more regarding their contribution to the global economy since their...
An annual BRICS summit in China has kicked off with the emerging market bloc in need of direction. The five members are divided as they face political and economic troubles. Chinese President Xi Jinping on...
Challenging the World Bank and the IMF as a response to their failed reforms or complementing the existing market players with efficiency and not a competition, the New Development Bank focuses beyond those things and...
One may want to ignore the recent 8th BRICS summit in Goa (India) and retain only the announcement of the launch of an independent rating agency. We can also consider that the battle of Mosul...
After plummeting 18.6 cents, mostly in a few hours after it became clear that the Brexit would carry the day, sterling has rallied four cents from the low set on Monday. We recognized that the...
Since mid-January, crude oil prices on the international market have increased markedly. Just three weeks ago, a barrel of the benchmark North Sea Brent oil was going for less than $29. Now the price has...