In August, China sold 1.59 million vehicles, including sedans, SUVs, minivans and multirole vehicles. According to the Chinese Passenger Car Association, the figure for the year fell by 9.9%, which is due to the longest decline in the automotive indu... Read more
Fitch has made changes to its forecast for gross domestic product growth in China and the eurozone in 2019-2020. It now expects Chinese GDP to grow by 6.1% by the end of this year. And next year the growth of the indicator will slow to 5.7%. In June,... Read more
Reuters analysts expect U.S. oil production to remain high, but forecast a continued slowdown in 2020 due to lower oil prices. The U.S. Energy Information Administration EIA noted record levels of oil production in the country from April to June this... Read more
Mohammad Barkindo did not rule out that next year the quotas stipulated in the OPEC agreement may no longer be enough. The situation in the world may require a greater reduction in oil production. Oil producers expect demand to weaken in 2020 amid a... Read more
Christine Lagarde, who will head the European Central Bank on November 1 this year, has called the biggest threat to the world economy. According to her calculations, the duties set by the U.S. and China will reduce the growth rate of the global eco... Read more
