The European Union and Mexico have expressed their intention to complete negotiations on a new agreement on free trade by the end of 2017. The previous document has been signed 17 years ago, and since then, the volume of bilateral trade has tripled, reaching nearly $ 62 billion in the last year. The European Union is the third most important commercial partner of Mexico after the US and China. In...

In the coming decades, aging of the population will become an urgent problem not only in Europe but also in Asia, according to a recent regional economic review of the International Monetary Fund (IMF). Relatively low per capita income, typical for many countries in the region, as well as the speed of demographic processes increase the risk that Asians may "grow old before they get rich"....

The US is losing the battle for the advanced industrial equipment market, be it CNC machines, intelligent packaging lines or robotic manipulators. According to the Ministry of Trade, last year the deficit of the US foreign trade balance with Japan, the EU and Switzerland in the field of industrial equipment was $ 4.1 billion, which is twice as much as in 2003. The indicator of 2016 is lower than...

France decided on a winner of the second round of the presidential election. In the next five years, the country will be led by leader of the "En Marche!" movement. 39-year-old Emmanuel Macron is now the eighth president of the Fifth Republic, and the youngest national leader in the history of France. Most of the French who came to the election preferred the candidate who represents the most...

About 60 Japanese commit suicide every day, mainly because of problems at work and in their families. Japan annually loses more than $ 4 billion due to suicides. The World Health Organization says that Japan is one of the three leading countries by number of citizens who commit suicide. More cases of suicides are recorded only in Finland and South Korea.  However, the number of suicides in...

Proposal of Brazilian President Michel Temer to reform the expensive social security system was voted on by the committee. However, the measure, considered extremely unpopular among voters, is expected to meet resistance in Congress, Reuters reports. 23 members of the committee voted in favor of amendments to the country's constitution, which will force the Brazilians to work more and will reduce...

European payment systems are on the verge of radical changes. The digital revolution invented faster and more convenient tools for conducting payment transactions, so some believe that cash has no future. However, it would be a mistake to ignore the role of banknotes and coins in the economy. Number of options for non-cash payments, such as credit cards, online payment and direct debits, has...

Greece and a group of international lenders have reached a preliminary agreement on the allocation of the next tranche of € 7 billion to Athens in the framework of the bailout program. The agreement, which is yet to be approved by the euro zone finance ministers and the Greek parliament, includes new cuts in pensions, tax increases, opening of the energy market and a change in labor legislation....

Former Italian Prime Minister Matteo Renzi won the primaries and thus made an important step towards returning to the chair left six months ago. "We start from scratch. This is not a revenge or the second half of the next match", commented Mr. Renzi. "The whole party won, especially those who were not ashamed of what we did over the years". Nearly two million people took part in the primaries,...