OPEC will bring clarity to the market. Already this week, data on levels of reduction will be announced, and traders will receive clear guidelines. This week, the OPEC Secretariat plans to publish data on the levels of production cuts by OPEC + countries as part of the decision taken at the meeting on December 7 in Vienna. Earlier it was planned to disclose these data on December 21....

According to Hamptons International, a company specializing in property management services, Londoners spent £ 30 billion on housing when moving outside the capital this year, and this was the highest figure since 2007. Too high real estate prices in London itself are the determining factor in this trend, which is why many people simply cannot afford to buy housing there. In 2018, residents of...

Analysts were sure that the ICO market was nearly dead at the end of 2018. The new way of financing projects that took off two years ago failed to stay in the active growth phase even for a year and eventually collapsed, dragging along dreams and hopes of failed millionaires from Instagram. It was expected that 2018 would be a year of purification for a new industry. Everyone who promised to...

Retailers in the UK experienced their worst Christmas in the past 10 years, as sales suffered from Brexit fears and a sharp decline in consumer confidence, reports The Guardian. Total sales growth in December slowed to zero for the first time since 2008, according to data from the British Retail Consortium (BRC). Sales declined in all categories except food. Comparable retail sales, which exclude...

Japanese prefecture Yamanashi is famous not only for its scenic views of Mount Fuji, but also for being the birthplace of national winemaking. The region is inextricably linked with high-quality wine, Kyodo News reports. With the free trade agreement between Japan and the European Union, which will enter into force on February 1, some opportunities are expected, including problems for the...

The Christmas holidays, due to which the entire world's largest stock exchanges stopped working for a while, gave the falling markets a short respite, and traders received an opportunity to think about further tactics. Meanwhile, investment banks are urgently changing forecasts for oil prices for 2019. However, if oil continues to fall in price at the same pace (Brent's barrel fell 6.22% to...

Right now, no one in the world knows what the Brexit will be like. Will the parties have a deal, that is, Prime Minister Theresa May’s highly criticized Agreement on withdrawal, or there won’t be any deal at all? Will the EU make concessions or will it extend the discussion of conditions after the March term? And will Brexit take place in general, taking into account the ruling of the European...

China's carbon industry will face a serious overcapacity in the second half of 2020, as manufacturers have rushed to increase capacity in pursuit of high profits, Reuters reported, citing the China Carbon Industry Association (CCIA). Carbonaceous products are widely used in sectors such as metallurgy, chemical industry, aviation, and renewable energy due to their high corrosion resistance and...

Handling personal data of citizens by governments of different countries creates difficulties in the work of IT companies. However, some regard these problems as new opportunities, as demonstrated by the Techcrunch Disrupt Berlin 2018 conference. The European start-up event Techcrunch Disrupt Berlin 2018 showed that in the coming years, the key requirement for successful startups (besides the...