Chinese authorities lowered the benchmark for economic growth in the country in 2019 to 6–6.5%. At the same time, as follows from the working report of the Premier of the State Council of the People's Republic of China, Li Keqiang, the economy will need stimulating measures to achieve such an indicator. In particular, he means reduction of tax rates on value added and expansion of borrowing for...

The Bank of England (Central Bank of Great Britain) believes that the country's banking system is strong enough to withstand shocks in the case of the so-called “hard” Brexit, that is, the UK withdrawal from the European Union without a special agreement. "The capital adequacy ratio of the main banks in the UK is more than three times higher than that before the financial crisis," says the...

Knight Frank has compiled a list of cities that will be particularly attractive to ultrarich in the coming years. Knight Frank's experts defined the top 5 cities that would potentially be interesting for real estate investments. They analyzed factors that will contribute to the economic growth of cities and increase the well-being of their inhabitants. In addition, the experts took into account...

International investors are rapidly reducing investment in defensive assets. The total assets of the funds investing in gold have updated a month and a half minimum, dropping below 2.24 thousand tons. Hopes for the conclusion of a trade agreement between the US and China, as well as the increased risks of a new hike in the US Federal Reserve rate, are forcing investors to reduce investments in...

According to the estimates of the Royal Institution of Chartered Surveyors (RICS), political uncertainty in the UK has had a negative impact on the country's construction sector. In the last quarter of 2018, RICS notes, almost no applications were submitted for the construction of commercial and industrial facilities, and this is the first time in the last six years. In a review of the...

Business hacker attacks indirectly promise deterioration of access to lending and increased cost of debt service. Analysts at rating agency Moody’s studied possible risks of cyber attacks for the credit ratings of companies from 35 sectors with a total debt of $ 70 trillion. “We view cyber risks as event risk that can have a significant impact on sectors and individual organizations. Data leakage...

The chief economist of the American investment bank Goldman Sachs Jan Hatzius believes that the world economy has already passed the lowest point and will only be growing in the near future. Such findings, based on an analysis of February activity indicators, are markedly different from other forecasts, which predict a further slowdown in the economy. “There are certain signs of recovery, which...

At the end of 2018, the world bond debt of companies peaked at $ 13 trillion. Given deterioration in the quality of issuers in the event of a crisis, it threatens with a large number of defaults, the OECD warns. However, the peak of placement has already been passed back in 2017. In 2018, after raising the US Federal Reserve rate and increasing the required yield on bonds, taking into account the...

On Monday, the world market prices for palladium updated the historical maximum, rising to the level of $ 1,534 per troy ounce. As a result, the value of this metal exceeded the value of gold by $ 200 per ounce. The rise in prices contributes to the shortage of metal against the backdrop of record demand from the automotive industry. On Monday, the cost of palladium updated the historical...