Sales of electric vehicles and hybrid models in Europe jumped by 42%in the first half of the year compared to the same period last year, breaking the 1 million record. At the same time, their share in the European market of cars was just 2%. This is reported by OilPrice.com with reference to the data collected by EV-Volumes. Sales of electric cars and hybrid cars in Europe amounted to 195...

Lending conditions in the developing countries markets have deteriorated in April-June this year after three quarters of a gradual easing, according to the data of the Washington Institute of International Finance (IIF, Institute of International Finance). The aggregate credit availability index, calculated by the institute and based on results of bank surveys, fell to 48.7 points (down 1.7...

On Wednesday, the Securities and Exchange Commission (SEC) refused to launch several tradable index funds (ETFs) tied to Bitcoin. The regulator explained this decision by fears about possible manipulation and fraud in the market of crypto-currencies and the fact that market participants cannot provide investors with sufficient protection against them. It follows from the SEC statement released...

This year, the Turkish lira fell by more than 40% against the US dollar. Against this background, the interest in buying Bitcoin has greatly increased. The Turkish lira fell to a historic low against the US dollar in light of concerns over President Erdogan's economic policy, deterioration of his relations with US President Donald Trump and his government's assumed inability to pay off its debt...

The National Bank of Turkey announced measures to combat the currency crisis in the country. The measures are extremely situational: yesterday, the Turkish lira only slowed down to the dollar, reaching the level of 7.24 TL/$. The prospect of a credit crisis and a hard landing of the Turkish economy in 2019 becomes real. The reason for the currency’s collapse was the US sanctions against Heads of...

Prices for sugar fell to a three-year low due to a decrease in consumption caused by agitation of scientists and doctors. Yet, levels of production are still the same, and are even growing in some places. In the end, all this is a matter of competition. Scientists and doctors struck a blow at sugar manufacturers. They are beating records of sugar production, but still receiving less money. Prices...

If you believe the Skyscraper Index, then a major financial crisis will occur in the next two years. In 2020 Saudi Arabia is completing construction of the world's tallest building, the Jeddah Tower. For the first time, the skyscraper index was introduced in 1999 by Andrew Lawrence, an employee of the Hong Kong branch of the international investment bank Dresdner Kleinwort Benson. Having...

The Shanghai Stock Exchange has been showing very weak results this year. This fact has become yet another reason for China to climb down to the second line in the ranking of the largest stock markets. Now, the country’s main Asian competitor is Japan. After the Friday's decline in the stock price, according to Bloomberg, the volume of Chinese securities fell to 6.09 trillion dollars. The volume...

Despite the tightening of the monetary policy of the US Federal Reserve and escalation of trade disputes, the influx of non-resident portfolio investment in emerging markets in July was positive once again and amounted to $ 11.9 billion against minus $ 10.6 billion in June, the Washington Institute of International Finance calculated. $ 7.9 billion were invested in stocks, $ 4 billion - in debt...