During the period when protests broke out in Georgia and the Russian Federation stopped air traffic with Georgia, the Georgian currency weakened significantly. By September 21, the U.S. dollar had risen to its highest ever level of 2.9759 lari, compa... Read more
Japanese automotive corporation Nissan Motor is exploring the possibility of reducing its production capacity in all countries where it has factories except China. This was reported to Reuters by sources with knowledge of the matter in the Japanese c... Read more
U.S. industrial production has declined for the second time in the past three months amid weak global economic growth and trade problems. Published data show a September decline in the volume of industrial production in the United States by 0.4%. At... Read more
Published statistics on the secondary housing market in the United States showed the presence of negative dynamics. In September, 5.4 million homes were sold per year. This is down 2.2% from August sales. Analysts had forecast a decline in sales, but... Read more
Christine Lagarde, who will take over as head of the European Central Bank on November 1, said during an appearance on CBS that the U.S. could lose its leading position in the world, noting the serious consequences of the trade war between the United... Read more