Republican Party leaders and the White House have reached an agreement that neither side is satisfied with. The deal imposes new spending limits for two years, but raises the national debt limit for the same period.

According to the forecasts of the International Monetary Fund (IMF), the Asia-Pacific region is to be the most dynamic global center in 2023, mainly due to optimistic forecasts for China and India. It is expected that two [...]

Last week, China published a GDP report, which shows that economic growth in the Middle Kingdom amounted to 4,5% on an annual basis - much better than the forecast 4% y/y. While government data has long been raising many [...]

The economic, political and financial restructuring of the world is likely to bring many shocks to vulnerable emerging and developing economies. However, the ultimate goal - self-sufficiency - being the fundamental [...]