A growing shortage of diamonds can turn them into a popular protective investment asset that will push gold out of the world market. October 2018 was the worst month for the global stock market in seven years: the fall in capitalization of global stock indices exceeded $ 5 trillion. Business cycles are relentless, and after ten years of vigorous growth, investors are preparing for a new financial...

The international consulting company Bain & Company calculated that the world market for luxury goods was growing in 2018. The total volume of the market amounted to € 1.2 trillion, which is 5% more than a year earlier. Researchers believe that due to the growing demand from Asia, the growth trend will continue until 2025. The report says that market growth has been noted in almost all...

The authorities of Venezuela, ignoring the Western media, which claim that Petro does not exist, intend to bring this coin to a new level. PDVSA has already started to pay its employees in Petro, and also plans to transfer all payments related to sale of oil in this cryptocurrency. PDVSA is the main oil company of the country. It coordinates all its key actions with opinion of the government of...

The market for flexible office spaces is growing rapidly and has great potential for development. A sense of community among employees is the main benefit of the transition to this model. According to experts, personal productivity will increase. The demand for a flexible workspace, when an employee is not assigned a workplace, is growing, according to a study by consulting company Knight Frank....

The oil market is waiting for global shocks. The Organization of Petroleum Exporting Countries (OPEC) may cease to exist. Saudi Arabia has long been playing its own game, and key decisions are made de facto without taking into account views of the majority of other cartel members. The United States is also calling to disband the organization. A serious reshuffle is waiting for existing order in...

The elections in the US on November 6 somewhat changed the political landscape in the country: Republicans enhanced influence in the Senate, and the Democrats went to the House of Representatives. What does this mean for the markets? On the Election Day, US President Donald Trump said that everything went "with great success." However, the facts suggest otherwise. Democrats managed to get a...

Already by 2030, China will become the most popular tourist destination in the world, overcoming the current leader, France, follows from a report by Euromonitor International. At the same time, European countries are doing everything to keep the flow of arriving tourists, despite the uncertainty around Brexit, the crisis with migrants, saturation of the market and growing attractiveness of Asian...

In the third quarter, developing markets recorded the first net outflow of funds since the end of 2016 - minus $ 21 billion (including $ 44 billion in September, while in August there was an inflow of $ 11 billion), the Washington Institute of International Finance (IIF) counted. The reasons for the trend change are trade differences between the US and China, the decline in the growth rate of the...

Analysts at Morgan Stanley lowered the forecast for oil prices for reference brands for 2019, as supplies continue to be higher than expected volumes. Now, the analysts expect that Brent oil will cost an average of $ 77.5 per barrel from the fourth quarter of this year to the end of the third quarter of 2019 compared to the previously estimated $ 85 per barrel. In October-December of the next...