Tyson Foods, the largest producer of meat products in the USA, is entering the market of vegetable protein that imitates meat. Currently, the products will be of mixed type: the hamburgers will be made from a mixture of Angus beef and pea protein. The products will be marketed under the brand Raised & Rooted. It is expected that this fall the products will appear on the shelves of two large...

Bitcoin rate on Sunday rose above $ 9000, which happened for the first time since May 2018. According to CoinDesk, price of the cryptocurrency on June 16 reached $ 9385. On Monday, Bitcoin is trading at $ 9141.17. Bitcoin has risen in price by more than 22% in the last 30 days and by 142% since the beginning of 2019, writes MarketWatch. However, the cryptocurrency’s rate is still significantly...

US sanctions against Venezuela resulted in additional drop in production by 35% since the beginning of the year, experts at the Washington Institute of International Finance estimated. Recall that in late January, the United States banned transfer of funds from the United States to the accounts of the main state-owned oil company Petroleos de Venezuela, Sociedad Anonima (PDVSA), effectively...

British pound sterling will fall in price to a minimum of 2 years in the event that the new British Prime Minister becomes a supporter of the hard Brexit, say analysts polled by Bloomberg. In May 2019, British Prime Minister Theresa May announced that she would leave the post of leader of the Conservative Party on June 7. Now the UK is getting ready to elect new Head of the Government. If the...

Head of the US Federal Reserve System (FRS), Jerome Powell, said that he was closely following the situation with the negotiations on trade issues, and made it clear that he has a possibility to intervene if the tensions begin to slow down the American economy. Investors immediately perceived it as the Fed's willingness to lower rates. In turn, economists at Bank of America Merrill Lynch believe...

The International Air Transport Association (IATA), which represents about 290 air carriers in the world, announced a lower forecast for airline profits amid falling demand and increased costs. Back in December 2018, the association predicted that the global air transport industry would make a profit of $ 35.5 billion by the end of 2019; now, however, IATA estimates this figure at $ 28 billion....

The most popular cryptocurrency, Bitcoin, rose by almost 100% in May only. However, it wasn’t the only profitable cryptocurrency asset - other cryptocurrencies and tokens brought yield of several hundred percent since the beginning of the year. Bitcoin (BTH) in April and May 2019 attracted attention of investors once again. In just two months, its  course has grown from $ 4,000 to almost $...

The banking system of the eurozone lagging behind the USA, Japan, Switzerland and the UK after 2008 may be the reason for a further slowdown in global economic growth - this follows from the latest review of the ECB’s financial instability. The ECB also lowered its forecast for growth in the euro area in 2019 to 1.1% of GDP. Future problems, however, are unlikely to cause a systemic banking...

A few years ago, the ECB and the central banks of Denmark, Sweden and Switzerland decided to take a decisive step in combating the debt and economic crisis. They set up to lower the key rates below zero. It was assumed that this would be a short-term emergency measure. However, the rates remain negative, and their side effects are becoming more and more obvious. Negative interest rates don’t let...