The U.S. economy in the next 12 months will decline, said the U.S. investor and entrepreneur Jim Rogers. His words are quoted by Bloomberg. “It’s been seven, eight years since the last recession in the US, and traditionally, historically, every four to seven years it for various reasons repeated”, — …
Read More »The Chinese government has predicted economic growth in 2016
China’s economy in 2016 is expected to grow by 6.5-7 per cent. As reported Reuters, said on Saturday, March 5, at the annual session of vsekitajsky meeting of national representatives, the Prime Minister of China Li Keqiang. GDP growth in the XIII five year plan (2016-2020) should be below 6.5 …
Read More »The expert predicted severe future Russian pensioners
For the first time over the past 15 years their real incomes began to decline steadily How are the seniors in crisis? And what they can expect from the authorities in the future? We talked about it with the economist and Deputy Director of the Institute of social policy NIU …
Read More »Bloomberg predicted a further collapse in oil prices due to electric vehicles
Last year, sales of electric vehicles around the world soared by 60 percent even at low gasoline prices, reports Bloomberg. If such growth rates continue, by 2023 the fall in oil demand may reach 2 million barrels per day. In the next two years Tesla and Chevrolet are planning to …
Read More »Ecuador’s President predicted increase in oil prices to 200 dollars
In the medium term, the price of oil could rise to $ 200 per barrel. This was stated by the President of Ecuador, Rafael Correa, reports El Universo. “Cessation of investment that we experience in the oil sector, the closure of hundreds of drilling, for example in the United States, …
Read More »Dvorkovich predicted a possible recession in the Russian economy in 2016
The Russian economy in 2016 may fall even with a high probability, however, such a scenario cannot be considered predetermined. This was stated on Friday by Deputy Prime Minister Arkady Dvorkovich. “Almost all predict a downturn in our economy. I don’t want anything to do with this forecast, I don’t …
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