Volume of Japanese exports in December 2018 declined at a maximum rate in more than two years due to a sharp drop in demand from China. Against this background, last year Japan recorded a deficit in the balance of foreign trade for the first time in three years. The volume of exports from the country in December fell by 3.8%, according to data from the Ministry of Finance. The decline was the...

Former California Attorney General, Democratic Senator Kamala Harris, officially announced that she was going to run for the presidency of the United States in 2020. She became the first female candidate for presidency of African American descent. In addition to her, eight prominent Democratic politicians have already announced their intentions to take part in the presidential race. The total...

On Monday, social networks and independent media of Venezuela spread information that a unit of the National Guard soldiers stationed in Caracas refused to obey orders of President Nicolas Maduro and called on citizens to disobey. Soon, the authorities announced arrest of "a small group of raiders and traitors of the motherland" who were going to "create violence and alarm the population." These...

Japan, following China, South Korea, India and Turkey, resumed imports of Iranian oil. This was announced on Monday by the head of the Central Bank (CB) of Iran, Abdolnaser Hemmati. “Following China, South Korea, India and Turkey, Japan also began to import Iranian oil,” IRNA quoted him as saying. “Gradually, new revenues from the sale of hydrocarbons will flow into the country's economy.” He...

The political environment is putting pressure on German exports, the main engine of the German economy, and threaten it with a technical recession. After a decade of economic boom, thunderclouds appeared in the political sky. They are beginning to increasingly affect the state of the global economy. So, the forecast for its growth for this year, according to Consensus Economics, is below 3% for...

On Wednesday, large international companies announced creation of a new organization whose task will be to develop and implement solutions to combat environmental pollution, in particular water resources, plastic waste. The Alliance to End Plastic Waste (AEPW) includes about thirty companies. David Taylor, who is Chairman of the board of directors, President and Chief Executive Officer of Procter...

Experts believe that early elections can be good news for investors. Greece’s political class is going to test investor confidence in the fact that the years of turbulence have gone. The political future of Prime Minister Alexis Tsipras is under threat due to the fact that the collapse of the coalition forced him to raise the issue of confidence in the government before parliament. This...

At the end of her political career, Angela Merkel decided to protect the global order and give the final battle to the nationalists and populists. After a long break related to solving internal problems, German Chancellor Angela Merkel is going back to the international arena. She commenced the New Year with a two-day visit to Greece, the first in five years. In Athens, she was received with...

Losses of the American economy as a result of suspension of a part of the US federal agencies may amount to about $ 1.2 billion a week if the “shutdown” drags on, says Kevin Hassett, adviser to the US President for economic issues. Despite the fact that such losses will weaken growth of the country's economy by only 0.05 percentage points, they can make it difficult for the US government to...