US corporate debt over the past ten years has increased to 47 percent of GDP. Currently, its total amount is 10 trillion dollars.
China seeks to sign the first part of a trade agreement with the United States of America. This was stated by the representative of the Chinese Ministry of Commerce Gao Feng.
The global banking industry has entered the last phase of the next economic cycle, credit and revenue growth is slowing, and more than 60% of the world's banks are losing value in anticipation of a possible global crisis. This is stated in the report of the international consulting company McKinsey, writes Bloomberg.
The widespread rejection of US dollars in foreign trade operations in favor of the national currencies of countries participating in trade transactions is gaining momentum everywhere around the world. So, it became known that Moscow agreed with Ankara to pay each other in rubles and lira.
Gold has always been valued as a rare precious metal. But recently, the treasury of various states, from superpowers to third-world countries, has been increasingly interested in it. All of them are trying to secure the future of the financial accumulations of their people by transferring assets from the currencies of different countries, in bulk
The World Trade Organization (WTO) has more than doubled its forecast for world trade growth in 2019 amid the escalation of tension in trade relations between the United States and China, the largest economies in the world.
Saudi ArabiaвЂ™s Crown Prince Mohammed bin Salman called the attack on Saudi AramcoвЂ™s oil facilities in Abkaik and Khurais an act of war from Iran. At the same time, he expressed the hope that вЂњa military response will not be required,вЂќ since вЂњa political solution is much better.вЂќ