The Fed: Economic recovery might be slowed down if anti-pandemic measures are not followed
The U.S. economic recovery could slow down if coronavirus spread won’t be stopped evenly, Robert Kaplan said in Sunday interview with CBS. “Experts tell...
American stocks plunged. Dow Jones dropped in 7%.
Thursday has been the worst trading day for American shares since they began to recover from the coronavirus pandemic. The drop of Dow Jones...
Argentina helps soybean markets. It will take over the largest soybean exporter
The intention to rescue the company called Vicentin was announced on Monday by president Alberto Fernandez. Vicentin has been Argentina’s largest exporter of soymeal...
OPEC countries extended oil production cuts until July
The decision was approved during the weekend by OPEC ministers and its allies, primarily by Russia. The reason is simple – oil demand has...
American economy entered a recession in February, NBER reported
National Bureau of Economic Research (NBER) reported that the U.S. entered a economic recession. Despite expectations that the country plunged into recession in March,...
Brazil’s Patria invest into renewable energy
Brazil’s investment company Patria Investimentos began with renewable energy. To company has gathered capital to invest into solar and wind projects. Future capacity of...
Germany introduced its stimulus package to support economy in the volume of €130 billion
German government led by chancellor Angela Merkel approved stimulus package to kickstart the European largest economy. Germany will receive €130 billion fiscal impulse.
Angela Merkel...
US-China tensions are on the rise. Yet, China owns billion dollar
China represents the second largest holder of US public debt. The value is $1,08 trillion, which is $240 billion less than 6 years ago....
Record-high unemployment in the U.S. could complicate Trump’s re-election
Impacts of coronavirus crisis on American labor markets are extensive. Almost 48 million Americans lost their jobs in two months despite the fact that...
Trump administration helps wind and solar energy projects
The government has agreed to prolong terms to wind and solar energy companies delivering renewable energy to qualify for federal tax credits. Trump “turned...
