Restoration of the Eurozone economy was short-lived. In the II quarter, the growth slowed twice to 0.3%, compared with the first half. In annual terms, the Eurozone’s GDP increased by 1.6% after 1.7%, Eurostat said. There were no changes in the GDP of some of the block’s second largest economics - France (0.7% in I quarter) and Austria (0.6%). Spain, the fastest growing economy in the region,...

The federal government of the USA has decided to introduce control over transactions with expensive real estate in New York, two districts of the state of Florida, in Los Angeles, the beach area of San Francisco, in San Diego (CA), as well as in San -Antonio (Texas). This was announced by Director of the US Financial Crimes Enforcement Network (FinCEN) Jamal El-Hindi. The agency is part of the...

Chinese companies are actively buying up foreign mining companies. The volume of investment has already been increased to $ 4.5 billion. The cash flow is mainly targeted on copper and gold mine located in Africa and Latin America. Chinese investors are buying up mining assets outside their home land. During the first half of 2016, Chinese companies and funds acquired overseas mining assets worth...

According to the European Wind Energy Association (EWEA), sea wind power has attracted a record € 14 billion of investment for the first six months of current year, which is more than for all 2015. The largest share of attracted investments - € 10.4 billion - accounted for the UK, which is the world's largest market for renewable energy technologies. EWEA European Wind Energy Association...

KBW NASDAQ Financial Technology Index (KFTX) includes 49 public finance and technology companies with combined market capitalization of $ 785 billion. There are well-known players, such as Visa, MasterCard, American Express payment systems, money transfer systems Western Union, stock exchanges NASDAQ, CBOE, CME and ICE, MSCI provider of indices, rating agencies Moody's and S&P, providers of...

According to Boston Consulting Group (BCG)’s report, prepared jointly with the World Economic Forum, widespread of urban unmanned vehicles and robot taxi will result in 60%-smaller number of cars on the streets, exhaust emissions level fallen to 80%, and number of traffic accidents reduced by 90%. The study surveyed more than 5.5 thousand consumers from the US, the UK, China, India, UAE,...

US Republicans and Democrats have recently released their official platforms, which, in essence, is are program of action in case they get control over the White House and the US Congress. Intentions of both are obviously different, and energy issue is a stumbling point here. Republicans are offering friendly rates for the industry. They are calling for deregulation and are not promising any...

By 2030, the world economy will lose more than $ 2 trillion per year due to lost productivity. The global warming is changing the climate so much that certain types of work will inevitably become impossible because of too high ambient temperature. Such conclusions were made in a report by the United Nations University’s Malaysia-based International Institute for Global Health (UNU-IIGH), which...

Hotels in Nice are faced with a massive outflow of tourists after the attack. Hoteliers have already reported cancellation of about a quarter of reservations. Losses of hoteliers and transport companies now can compete with the losses after the terrorist attack in Paris in November 2015. Then, the general economic damage amounted to € 2 billion. Terrorist attack in Nice caused another blow to the...