Economy

Facing Two Crises, Trump Goes AWOL

There are only two numbers from this week you need to know if you want to understand the presidential election: 1.3 million and 59,886. As Bloomberg …

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Plastic processing plant to be built in western Georgia

In the near future, the construction of a plastic processing plant will begin in the Khobi municipality, Georgia, the Ministry of Economic Development informed. The ministry explained that within the framework of the state project …

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The Oil Bulls Betting On $150 Crude

The current oil crisis will severely depress investments in new oil production, setting the stage for oil prices hitting $100 or even $150 a barrel over the next five years, several analysts told The Wall Street Journal. As Oil Price …

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Oil price to rebound above $100?

Some experts predict that investment in oil-and-gas production will dry up and propel crude prices back above $100 a barrel, The Wall Street Journal reported. "That funding pressure is going to be massive. It's going to be …

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Oil prices down with rise in U.S. crude stocks

Oil prices were down on Thursday with a surprise increase in U.S. crude oil stocks, signaling that oil demand could remain weak in the world's largest oil-consuming nation. International benchmark Brent crude was trading at …

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UK to nominate Liam Fox to lead World Trade Organization

The UK government has confirmed it will nominate former cabinet minister Liam Fox as its candidate to lead the World Trade Organization, BBC reports. The body is searching for a new director-general to replace Brazilian Roberto Azevedo …

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Armenia: an endless fight against corruption

The fight Armenian government led by Nikol Pashinyan wages against corruption resembles an endless political series, the main antagonists of which change with each new season. The presence of systemic corruption in Armenia is recognized by …

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