The United States is going to impose a 100% duty on imports of Chinese electric vehicles and increase tariffs on Chinese steel and aluminum. Earlier, Washington criticized China for excessive production capacity and called on Beijing to adjust the pace of production. Otherwise, overstocking of the markets may occur.Capital outflow from Russia in the first quarter amounted to $28 billion, which significantly exceeds the inflow. Experts attribute this situation to difficulties in obtaining foreign... 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