• Aviation industry losses exceed $ 80 billion in 2020

    11 Jun 2020 05:16 PM |

    A managing director at Citigroup said this week that travel companies are likely to come under pressure in the long run, and this could lead to airlines to struggle with profitability. However,

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  • BOJ Governor: ready to take all appropriate measures if necessary

    11 Jun 2020 05:15 PM |

    Bank of Japan Governor Kuroda confirmed they ready to take all appropriate measures if necessary

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  • Bank of France: Economy to return to pre-crisis levels only in 2022

    9 Jun 2020 04:28 PM |

    The latest economic forecasts issued by the Bank of France have suggested the French economy

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  • Global euro use stabilizing near historical lows

    9 Jun 2020 02:15 PM |

    An ECB report today indicated that the global use of the euro was widely stable last year after a steady decline in the wake of the eurozone debt crisis. However, hopes for increased demand have not been fulfilled.

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  • German exports collapse in April as a result of Coronavirus

    9 Jun 2020 02:04 PM |

    Data released today showed that German exports and imports fell in April, marking its largest decline since 1990 as the Coronavirus crisis reduced demand, adding to the bleak outlook for Europe's largest economy.

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  • China's exports rise strongly in May

    8 Jun 2020 01:52 PM |

    China's trade surplus rose to 443 billion yuan in May, better than forecast at 283 billion

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  • EU will propose €750 billion as response to Covid-19

    27 May 2020 01:29 PM |

    The European Commission will propose allocating 750 billion to the European Union economy to help it recover from the coronavirus crisis, German news agency DPA reported on Wednesday.

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  • OPEC+ discusses keeping cuts until the end of 2020

    27 May 2020 12:28 PM |

    Citing sources, Russian news agency TASS reported today that the Organisation of Petroleum Exporting Countries (OPEC) and its allies (OPEC+) are seriously considering the possibility of retaining oil reductions after June until the end of 2020.

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