Already two rating agencies - Standard & Poor`s (S&P) and Moody`s - put a negative outlook on China’s current ratings, citing the expected deterioration in the fiscal situation and the risks of slower implementation of reforms. The level of China's public debt remains low by international standards, which, however, is not related to the debt of the corporate sector. Under these conditions,...

Fall in the energy industry has led to a sudden excess of helicopter units. This is very different from the situation two years ago, when oil companies were forced to make frequent flights to distant oil rigs and back. Operators such as CHC Group Ltd. and Bristow Group Inc., which transport workers and cargo of energy companies, say they have been surprised by how serious the energy industry fall...

Flow of funds in the global emerging markets in March reached $ 36.8 billion, which was the highest level since June 2014, according to a report published by the Institute of International Finance (IIF). The report of the Institute, released on Tuesday, notes that the sharp increase in inflows to emerging stocks and bonds markets is obliged to the fact that central banks proceed to hold the key...

According to research company STR, Europe is rapidly losing popularity among the tourists on the background of two major terrorist attacks over the past six months. The research company STR, which monitors information related to the tourism industry, reported its data on the impact the attacks had on tourists in Europe. As noted in the report, Brussels instantly felt the consequences of the...

The cost of a chocolate bunny, favorite Easter treats of many Europeans, increased by more than 10% over the last year and may continue to grow. This is associated with price hike of chocolate and ingredients. According to Mintec British company, the price of a kilogram of milk chocolate increased from 1.64 pounds ($ 2.3) to 1.82 pounds ($ 2.6) in a year. The experts link this to the fact that...

Rockefeller Family Foundation announced its withdrawal from assets associated with hydrocarbon production and processing. According to the Fund’s opinion, when the whole world is trying to reduce use of hydrocarbons, investments in this sector are reasonable neither ethically nor from the financial point of view. In the statement, Rockefeller Family Fund declared that the Fund intends to get rid...

Streaming services like Spotify and YouTube in 2015 brought to record labels and musicians more profits than services for downloading music, such as iTunes. However, observers note that the revenue from playing music on such services is growing slower compared to musical traffic on the same websites. This fact questions fairness of copyright royalties that the services pay to musicians....

Global warming leads to earlier ripening of grapes in France, and has a positive effect on the quality of wine. However, in case of long-term preservation of this climatic trend, French vineyards can be seriously affected. Scientists from Harvard published an article in the journal Nature Climate Change. They suggest that over time, owners of some of French vineyards will have to move to other...

Global Finance has published a list of winners of the 2016 World's Banks ranking. This is a list of the best banks providing services in different regions of the world. Recently, due to the high volatility in the markets, many banks found themselves in a difficult situation, with which they cope with varying degrees of success and creativity. According to recent studies of banking assets in...