Just a couple of months ago, the largest market participants predicted an increase in oil to $ 100 per barrel. However, expectations did not come true, and prices dropped two times lower than the target level. What does this state of affairs mean for the global economy? Energy-importing countries, for example, India and South Africa, will benefit, while oil producers, such as Russia and Saudi...

A significant drop in Bitcoin and other cryptocurrencies in 2018 do not change the fundamentals of Bitcoin in any way, according to the Canadian analytical-research company Blockchain Intelligence Group (BIG). The decline in the crypto market this year was caused by a combination of factors such as a large concentration of inexperienced investors entering the industry in 2017, regulatory...

According to Thomson Reuters estimates, the surplus of gold in the world market increased significantly in the third quarter. The supply of the precious metal by 242 tons exceeds the potential demand against the background of a record reduction of investments from exchange-traded funds. Professional investors have lost interest in gold amid rising global interest rates and the stronger US dollar....

Following results of the last two days of trading, the Dow Jones index lost 1000 points, rolling back to the levels of 2017. The S&P 500 index, which pulled up earlier this year, also lost some points. Experts believe that the current and October stock crashes are interrelated and there are serious concerns of investors regarding immediate prospects of the global economy. Some investment bankers...

On Monday, the cost of the most famous cryptocurrency - Bitcoin - fell below the level of $ 5 thousand for the first time since October 2017. During the week, its rate fell by 20%. The “bearish” game is played on a negative news background, as well as a general decline in demand for cryptocurrencies. The closest support level for Bitcoin will be $ 4 thousand, market participants warn. In the...

A growing shortage of diamonds can turn them into a popular protective investment asset that will push gold out of the world market. October 2018 was the worst month for the global stock market in seven years: the fall in capitalization of global stock indices exceeded $ 5 trillion. Business cycles are relentless, and after ten years of vigorous growth, investors are preparing for a new financial...

The international consulting company Bain & Company calculated that the world market for luxury goods was growing in 2018. The total volume of the market amounted to € 1.2 trillion, which is 5% more than a year earlier. Researchers believe that due to the growing demand from Asia, the growth trend will continue until 2025. The report says that market growth has been noted in almost all...

The authorities of Venezuela, ignoring the Western media, which claim that Petro does not exist, intend to bring this coin to a new level. PDVSA has already started to pay its employees in Petro, and also plans to transfer all payments related to sale of oil in this cryptocurrency. PDVSA is the main oil company of the country. It coordinates all its key actions with opinion of the government of...

The market for flexible office spaces is growing rapidly and has great potential for development. A sense of community among employees is the main benefit of the transition to this model. According to experts, personal productivity will increase. The demand for a flexible workspace, when an employee is not assigned a workplace, is growing, according to a study by consulting company Knight Frank....