The growth rate of the world economy in 2018 and 2019 will accelerate to 3.9%, and this is the highest level since 2011, the Organization for Economic Cooperation and Development (OECD) expects. In 2017, this figure was 3.7%. The authors of the report believe that the main drivers of growth will be a tangible increase in investment and the recovery of trade volumes, although they note that a new...

The free trade agreement between the EU and London is not enough, German experts believe, calling for a customs union. However, Britain intends to pursue an independent economic policy, writes FAZ. In the case of a “hard” Brexit, EU and UK companies will face additional annual costs of at least EU 65 billion due to appearance of customs duties, with a majority of 35 billion accounting for the EU,...

Toyota's radical decision and current statistics from Germany and the UK confirm more and more obvious trends. Toyota stops producing passenger cars with diesel engines. The production will be curtailed this year, said Johan van Zyl, president of the European branch of this Japanese corporation, at the Geneva-hosted international motor show. There, the head of Fiat Chrysler Sergio Marchionne...

It was expected that the Iranian oil industry would be sharply restored after the conclusion of an agreement between Iran and Western countries regarding the nuclear energy program. However, in reality, the position of the oil sector of one of the world's leading oil-producing countries is by no means cloudless, according to The Wall Street Journal. International oil companies are slow to invest...

Emerging markets have recently shown good growth. However, the increase in risks in world trade and economic uncertainty worries investors. Thus, the promise of US President Donald Trump to impose duties on the import of steel and aluminum contributed to a decline in the MSCI Emerging Markets index (by 2.8%) and weakened currencies of developing countries. Many of these countries depend on the...

The State of Fashion 2018 report by McKinsey and BoF says that in 2017, the global fashion industry was showing signs of recovery thanks to efforts of major companies. Although general economic uncertainty persists, the main expectation of the market until 2021 is organic growth. The market is embracing technological innovations, but in general, the fashion industry still very narrowly...

Over the past couple of days, the value of the largest crypto-currencies - Bitcoin and Ethereum - has once again changed by less than 2%. This is bad news for speculators, but in the long run, low volatility can act as a catalyst for positive changes in the crypto currency market. Take a look at the price change of the 10 largest crypto currencies in the last 24 hours. Some decrease, some grow,...

Investors and company executives improved their expectations for growth in 2018 compared to the previous year, according to a global survey of PwC investors. All are confident in the growth of income from investments. PwC specialists conducted a survey of 1,293 enterprise managers and 663 investment specialists from around the world: fund managers, stock market analysts, specialists in fixed...

According to data of S&P CoreLogic Case-Shiller National Home Price Index for December, property prices in the US rose by 6.3%. This index has already exceeded the maximum value that was observed in July 2006, when the situation first became dangerous, and eventually resulted in the "bubble" in the real estate market, and in a major crisis. Real estate prices in selected US cities, in addition to...