Foreign Affairs
Chinese inflation is accelerating
Inflation in China rose by 4.5 percent on an annual basis in November, which is the highest level in seven years. Inflation was mainly driven by the sharp…
Continue ReadingMoody’s expects Italian banking to be in stable condition
Moody’s credit rating agency has become more positive about the Italian banking system. The company has adjusted the expectation from ‘negative’ to ‘stable’. Banks have fewer and fewer…
Continue ReadingIndian GDP growth slowed down to lowest pace in six years
Growth in India’s economy slowed in the third quarter to the slowest pace in more than six years. India’s economy has been weakening for a long time, partly…
Continue ReadingTrump signs laws in support of protesters in Hong Kong
US President Donald Trump signed two laws on Wednesday supporting the pro-democratic movement in Hong Kong. Both laws had already been passed by the US Congress. The legislation…
Continue ReadingChina and the United States agreed on most issues of the Trade Deal
China and the United States have reached a “consensus” on major issues in the trade conflict between the two economic superpowers. The Chinese Ministry of Commerce writes this…
Continue ReadingRecord turnout early in elections in Hong Kong
In the district elections in Hong Kong, more people had already gone to the polls around noon (local time) than in total in the previous elections in 2015.…
Continue ReadingEurozone industry contraction took a break
Business activity in the eurozone industry contracted somewhat less in November than in the previous month. British market researcher Markit announced this on the basis of a provisional…
Continue Reading