The European Central Bank (ECB) will consider postponing the date when unpaid bank loans will be subject to other rules. This means that banks will have to allocate more money for possible losses, Reuters reports. Bank loans that are not paid will be subject to proposed new rules that force lenders to allocate more money for possible losses, its chief executive said on Thursday. "The published...

Uncertainty in politics developed countries poses a greater threat to the industrial goods industries than any volatile growth slowdown in China, the world's largest copper producer believes. "The political system of the United States, the UK’s political system, as well as the Europeans, are trying everything possible to increase uncertainty," told chairman of the board of directors of the...

The economic war between the US and China is entering an active phase. The Americans refused to recognize the PRC as a country with a market economy and are preparing another portion of anti-dumping measures. In turn, Beijing is getting ready to respond asymmetrically and in the near future is going to launch a trade in oil futures for yuan, which can be converted into gold. The United States...

Prospects for the "shale revolution" in the United States are overrated, a group of researchers from the Massachusetts Institute of Technology (MIT) has stated. The sharp increase in oil and gas production in recent years is less can be explained by technological progress, and more - by development of the most promising sectors in conditions of low world prices. And this means that the official...

Each country has its own nuances, explained by national, historical or geographical features. It turns out that citizens of different countries solve their housing problem in different ways. What country offers the cheapest mortgage? 1. Japan Mortgage rate: 1.21% Mortgage in Japan is the cheapest in the world. The inflation is very low here, and real estate is very expensive. Tokyo is one of...

2017 was very successful for palladium. Since the beginning of the year, its value has grown by almost 50%, outperforming other precious metals. Moreover, the growth potential has not been exhausted yet, given the good fundamental factors of the world palladium market. Almost 80% of the global demand for palladium is provided by the automotive industry, where it is used in the manufacture of...

Today in Vienna, the ministers of OPEC countries and other non-member states will discuss extension of the agreement on the reduction of oil production. So far it looks like the agreement is going to be extended. It is not yet clear whether the parties will agree on expanding production cuts, but this is quite possible considering that 10 countries will additionally join the agreement. Earlier,...

More recently, central banks of the world have faced two important issues. First, what to do with the emerging non-state crypto-currencies? Interest in them has grown considerably, and the price of Bitcoin, the most famous and popular digital currency, has come close to $ 10,000 (and even exceeded this mark at some exchanges). Secondly, should banks to issue state versions of cryptocurrencies?...

According to Allied Market Research, by 2022 the global market for cyber risks insurance will reach $ 14 billion. At that, Allianz reports that it will grow to $ 20 billion by 2025. A study from Fitch says that in 2016, the cyber risks insurance market in the US increased by 35%, up to $ 1.35 billion. Yet, the premiums for cyber risks are a drop in the bucket for the general insurance market. In...