Most of the G7 countries ignored the EU's initiative to set a new price ceiling for Russian oil for third countries. Only the United Kingdom expressed support. On July 18, the EU lowered the ceiling from $60 to $47.6 per barrel, making it dynamic, but the rest of the G7 participants, except for the UK and EU countries, have not confirmed their intentions.European Commission spokesman Olof Gill said that Brussels continues to contact its partners and welcomes London's position. However, other mem... Read More
Japanese manufacturers’ confidence grew in October but the forecast for the next quarter is for it t... Read More
The Industrial output in the eurozone has exceeded expectations in August after its negative... Read More
A strong domestic demand will push the increase of German growth by 1.8 percent for 2018 and the... Read More
China’s export rose at a slower rate in September dropped down at a slower rate in September, i... Read More
Investor’s confidence in the eurozone dropped more than the forecast in October based on the survey ... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More