Foreign assets of Saudi Arabian Monetary Agency (SAMA), performs the role of the central bank, decreased by $ 72.8 billion from III quarter of 2014, when oil prices began falling down. This figure is almost equal to the sum of $ 71 billion, by which decreased its reserves, placed in foreign securities. Money is needed in Saudi Arabia to finance the budget deficit and the military campaign in...

Cocoa beans rose by 13% from the beginning of the year, approaching four-year high level. The rise in prices is caused by investors' concerns about supply shortages of cocoa in the coming year. The drought in West Africa and heavy rains in South America will cause global supply deficit in amount to 250 thousand tons of cocoa. And by 2020, the shortage of cocoa on the market may be a reason for...

According to BCG’s research, many companies feel lack of digital skills necessary for effective marketing in today's rapidly changing environment; it affects a range of skills and marketing channels. The Boston Consulting Group (BCG) is an international company, a leading consultant on business strategy specializes in management consulting, conducted a study called "The revolution in digital...

This morning, the Japanese Nikkei index fell nearly 3% after investors have arranged the sale of Japanese automotive companies’ shares. Market participants fear that the scandal surrounding the Volkswagen, caused by the concealment of the exhaust, may have a negative impact on the Japanese automotive market. Meanwhile, some analysts have expressed fears that the scandal with Volkswagen could harm...

In difficult business situations, we take the example of successful businessmen. If you are not sure whether to continue to invest in China, look what Li Ka-shing, Asia's richest man, has been doing since 2011. He has sold 16 billion dollars-assets in China and transferred the money to Europe, arguing that it is more profitable. The largest deal was the sale of the Hong Kong Pharmaceutical via AS...

Experts have registered the sharpest drop in food prices since the 2008 crisis. They explain this not only by the excess supply due to good harvests. Bad for farmers, good for consumers: food got cheaper on the world market. The trend to lower prices has been observed since 2011, as evidenced by the monthly index of food prices, FAO (Food and Agriculture Organization of the United Nations)....

Despite the fact that recent headings draw many attention to the volatility of the energy market, it is important to monitor its development strictly in focus. This is especially important since many screaming headlines in the media have been wrong in recent times, says petroleum geologist Jeffrey Brown. As for the fact that world oil production has ceased to grow over the past decade, despite...

Security and political risks can seriously affect the world economy. The probability of these risks and the extent of how they may affect the global economy, are seriously different. Taking into account these risks, Economist Intelligence Unit compiled a list of the top five risks, which "can seriously change the situation in the economy and business in the next two years". These scenarios were...

For the first time in half a century, the United States became the largest market for German products, ahead of France. German exporters have started the second half of 2015 with record results. Deliveries of German production to foreign markets rose in July this year compared with July 2014 by 6.2 percent to 107.1 billion euros, reported on September 8 the German Federal Statistical Office...