China’s debt may reach 6 trillion USD
Local authorities in China are likely to have off-balance-sheet debts of at least 40 trillion CNY (5.8 trillion USD), which means that it is...
The US budget deficit rose to 779 billion USD in fiscal year 2018
The US budget deficit rose to 779 billion USD in the first full fiscal year of the President Donald Trump. This is the highest...
Steven Mnuchin considers that currency issues must be part of the US-China trade talks
The US Secretary of the Treasury Steven Mnuchin considers that currency issues must be part of the US-China trade talks. He expressed concerns about...
Eurozone bank rescue fund intends to hold nearly 33 billion EUR in 2019
The Eurozone bank rescue fund intends to hold nearly 33 billion EUR in 2019 against 25 billion EUR this year, according to the head...
The members of the IMF promised not to use their currencies as a trade...
The International Monetary Fund (IMF) said today that its members are promising to refrain from competitive currency devaluations and intensify trade-related dialogue, as escalating...
The world banking industry needs to be better prepared for the threats
The world banking industry has to do more to protect itself from threats such as market turbulence, trade strain, leverage and the effects of...
Haruhiko Kuroda: Tightening of the US monetary policy is good for the global economy
The governor of the Bank of Japan, Haruhiko Kuroda, said the Federal Reserve's stable interest rate growth was "mostly good" for the global economy....
People’s Bank of China still has space for correction of interest rates
People's Bank of China still has space for correction of interest rates and reserve requirement ratio (RRR), as the risks in the US trade...
Steven Mnuchin opposed the President Donald Trump for Fed
The US Secretary of the Treasury, Steven Mnuchin, opposed the President Donald Trump, stating that the Federal Reserve is not responsible for the Wall...
Italian Parliament has adopted the revised budget for 2018
The Italian Parliament has adopted the revised budget for 2018, which includes targets criticized by the European Commission. The text was first approved in...
