The global aviation crisis caused by rising fuel prices and escalating tensions on the energy market is a precursor to more serious disruptions in other sectors, Russian Presidential Special Representative for Investment and Economic Cooperation with Foreign Countries and CEO of the Russian Direct Investment Fund Kirill Dmitriev said.
The International Energy Agency (IEA), International Monetary Fund (IMF) and World Bank said they will establish a coordination group to maximize their response to the energy and economic fallout from the war in the Middle East.
Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now
The move comes a day after the energy minister said there would be an indefinite delay in getting new shipments of oil
as buying shifts, cheap rivals gain
An analyst who predicted the 2008 global financial crisis has warned that another crash is on the way, and this time it will be much worse. According to Jesse Colombo, a number of new bubbles in markets around the …
Finance Minister Berat Albayrak believes that austerity will help to reduce inflation growth
The middle class is gradually growing at a global level, but it is in crisis in developed countries, the managing director of the International Monetary Fund (IMF), Christine Lagarde, said at the World …
The IMF Managing Director Christine Lagarde commented on the current situation in the world economy on the sidelines of the G7 Ise-Shima Summit. According to her, the world is "no longer in a 2008 moment." …
Experts of the Organization for Economic Cooperation and Development (OECD) has issued a new forecast of the global economy, which is much more pessimistic than the previous one. 2016 global growth forecast was reduced to 3% [in …
