Polish elections won by PiS, more trouble at the heart of Europe?

According to official results, the ruling Law and Justice party (PiS) has won the Polish general election Once again gaining the absolute majority of seats...

USA performed a cyberattack on Iran

United States performed a cyberattack against Iran, stated news agency Reuters with reference to two unnamed American officials. US took this action in connection with...

Likelihood of no deal Brexit has greatly increased

Tension between UK and EU has escalated after a phone call between Angela Merkel and Boris Johnson. During that call Merkel allegedly said that EU...

2019 has been a good year for US dollar so far.

In 2016 many expected that US economy will tank under Donald Trump and the dollar will sink with it. These predictions were incorrect so...

British travel company Thomas Cook folds

In a move that was expected for some days, Thomas Cook has declared bankruptcy and has ceased operations. This came after the British government has...

USA: Negative interest rates? Trump says yes.

Optimal level of interest rates set by central bank is a sensitive topic Not even economists agree on how should interest rates be set and...

Turkey: Erdogan promises interest rates cut to single digits

Turkish president Recep Tayyip Erdogan promises interest rates cuts up to single digits soon. Inflation should follow according to Erdogan as he commented: “After it...

Trade tensions has escalated, markets responded

US-China trade war is getting bitter again China raised its tariffs and USA responded more than subsequently. On Friday, China announced next punch – new tariffs...

China: yuan breaks key level as trade war escalates

U.S. President Donald Trump shocked the world last week as he confirmed that he plans to introduce new 10 % tariffs on $300 billion...
brexit

No. Common word in today politics: Trade war and Brexit

Analysts at Goldman Sachs do not expect a trade deal before next U.S. elections planned for 2020. Decision of Chinese central bankers to let yuan...

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