Nearly a generation ago, the once-vaunted dot-coms of the 'new economy' crashed within a short period of time, along with the millionaire dreams of many daring young Silicon Valley startups and the venture capitalists who loved them. Bitcoin may repeat their fate, albeit at a much faster pace.
A special group has been constituted within the Russia-India inter-governmental group to identify barriers to trade and investment between the two countries.
Japan’s government welcomed the recent improvements in the national economy, including higher consumer spending, rising exports, and robust corporate investment, hailing Prime Minister Shinzo Abe’s policies of lower taxes and deregulation as a blueprint for the nation's success.
The current German chancellor saw "no reason" to pursue her predecessor for his current activities at state-run Russian companies.
The Bank of England’s (BOE) policymakers warn of heightened risks to the UK’s financial stability amid the ongoing Brexit process and an uncertain outlook with respect to capital flows and domestic investment, suggesting the central bank will delay its expected interest rate hike until at least May.
BEIJING (Sputnik) - China is opposed to any potential trade war between it and the United States, since neither side would win if they engaged in one, Premier of the Chinese State Council Li Keqiang said Tuesday.
MOSCOW (Sputnik) - A draft Russian bill on cryptocurrency and digital tokens sees them as assets, but not legal tender, so they cannot be used to pay for goods and services in Russia, according to the information on the law introduced into the parliament.
Merkel’s new government is turning towards alternative natural gas suppliers in a bid to wean itself from its dependence on Russia, which provides 60 percent of the gas Germany imports and plans to expand with Nord Stream-2.
BEIJING (Sputnik) - Chinese State Council Premier Li Keqiang expressed confidence that trade between Russia and China will reach $100 billion.
MOSCOW (Sputnik) - The initial coin offering (ICO) of the Venezuelan cryptocurrency "Petro," backed by the country's oil reserves, will start on Tuesday.
BRUSSELS (Sputnik) - European Automobile Manufacturers’ Association (ACEA) is concerned over the potential damage that Brexit could do to the EU automotive industry, the association said Monday.
The Russian top official warned against playing the gas “trump card” in the unfolding diplomatic row, which can backfire against local consumers and the commercial relationship.
The new economy and energy minister Peter Altmaier made it clear before a meeting between German and US officials in Washington that the EU would take a strong stand against the new steel and aluminum tariffs proposed by US President Donald Trump.
New Fed Chair Jerome Powell is expected to continue the current pace of policy adjustment by raising rates four times this year in 0.25 percent increments, but some market participants suggest the US central banking authority could speed up its pace of policy normalization.
Oil futures have retreated as of early Monday morning, reflecting solid gains in US drilling and extraction, as well as solid demand for crude from overseas.
Pfizer Inc. has awarded its CEO a staggering 61-percent pay raise as the world’s third-largest drug company jacks up prices on hundreds of excessively-profitable medications.
German Chancellor Angela Merkel is seeking to narrow her country's trade surpluses and stimulate domestic consumption in a bid to ease trade tensions with the US and reduce Germany's exposure to increasingly volatile foreign markets.
The US, the world’s leading debtor nation, has reached another questionable milestone in its seemingly headlong rush into economic oblivion.
After four years of damage to the Italian economy, the National Association of Agricultural Producers, Coldiretti, has called to lift the anti-Russian sanctions. Sputnik Italia spoke with Lorenzo Bazzana, head of the economic department of Coldiretti about this issue.
China is encouraging companies to build infrastructure and conduct commercial trial voyages as it looks for new faster shipping routes to be developed in the Arctic.
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