The country's authorities lowered the forecast for GDP growth in 2019, noting a deterioration in export dynamics and a reduction in capital expenditures in several sectors of the economy. The Central Bank of South Korea announced that interest rates remained at a record low for the country of 1.25%, while the forecast for GDP growth rates for the year was reduced to 2%. For the South Korean...

The Israeli Foreign Ministry believes that the decision of governments of six European countries to join the settlement system with Iran INSTEX (Instrument in Support of Trade Exchanges) can be used by the Iranian authorities to tighten repression within the country. "Belgium, Denmark, Finland, the Netherlands, Norway and Sweden could not choose the worst time," the statement said. In this...

US President Donald Trump said he has signed two bills on Hong Kong, previously submitted by two houses of the US Congress. "I signed these bills out of respect for President Xi (PRC President Xi Jinping), China and the people of Hong Kong. The bills are being put into effect in the hope that the leaders and representatives of China and Hong Kong will be able to peacefully resolve the...

Alberto Fernandez said he would not ask the fund to transfer $ 11 billion, the remaining of the total loan of $ 57 billion. "I don’t know if the remaining money will come under the agreement, which states that Argentina will be sent $ 57 billion. To date, they sent $ 45 billion, $ 11 billion remains. I need to solve a huge problem, will I really ask for another $ 11 billion? I want to stop asking...

The Global Forum on Transparency and Exchange of Information for Tax Purposes published a report on the results of ten years of activity of developed countries in this field. An international Convention on Mutual Administrative Assistance in Tax Matters was proposed for signing in 2010, which significantly increased the number of bilateral data exchange agreements. In 2019, the data exchange...

The Republican Left of Catalonia party, which is for independence of the autonomous community, supported formation of a coalition government with a majority of votes in exchange for the resumption of negotiations on regional independence, El Pais reports. According to the publication, 94.6% of party members supported formation of the coalition. In return, they demand that the PSOE socialists who...

If UK Prime Minister Boris Johnson’s party wins the election, he promises to hold a debate before Christmas and the next vote by agreement with the EU. Other promises contained in the manifesto of the Conservative Party include an increase in tax on the purchase of real estate in Britain by foreigners and foreign companies. The paper also promises not to raise income tax, VAT and national...

The former New York Mayor is betting on moderate political views and “unique experience in business, management and charity.” One of the richest people in the world wants to “defeat Donald Trump and restore America.” If he wins this race, he is ready to be paid just $ 1. “We cannot afford another four years of reckless and immoral actions by President Trump. It poses an existential threat to our...

New Delhi plans to offer 324 companies, including Tesla and Glaxo, incentives and preferences to lure major manufacturers from China. Indian authorities are trying to capitalize on the trade standoff between China and the United States. According to Bloomberg, New Delhi plans to offer 324 companies, including Tesla and Glaxo, benefits and preferences in order to lure major manufacturers from...