During 2019, the price of oil did not exceed $70 per barrel. Despite the adversities presented worldwide during 2019, occasionally affecting the expectations of investors in the course of oil prices e.g. attacks in Saudi Arabia, sanctions against two members of OPEC (the Venezuela and Iran), drastically limiting the production of large oil-producing countries οil
In the Table below we have chosen to list the most important currencies in the world and their respective foreign exchange rates (indices) between them. We present their closed prices every Wednesday (mid-week) and compare their performance both one week before and on the last day of the previous year. The following table is for
In the Table below we have chosen to list the most important commodities in the world. We present their closed prices every Wednesday (mid-week) and compare their performance both one week before and on the last day of the previous year. The following table is for information purposes. The information contained herein does not constitute
The new year of 2020 that marks the beginning of the third decade of the 21st century, finds the level of global debt (public and private debt) to move nonstop on an upward path by breaking down one record after another ($188trillion, 2018, and $184 trillion, 2017, Source: IMF and https://Blogs. IMF.org) with about two
American President Donald Trump last week ratified two bills approved by Congress and concerned the defence of the protection of the Hong-Kong demonstrators. These bills, among others, stipulate sanctions against Chinese officials who are involved or will be involved in human rights violations. In addition, reference is made to the imposition of restrictions on the
The overall picture of the European banking system after eleven years of the financial crisis of 2008 is much better but it creates scepticism. The EU after the financial crisis of 2008 took courageous decisions to rescue Euro-area member states while also setting the roadmap for consolidating the European banking system. The Single Supervisory Mechanism
The ever-increasing political pressure at global level and the sensitivity of an increasing proportion of citizens on the planet to take immediate measures to slow down climate change for the worse, force the governments of many states which their economies is based on exporting and trading of hydrocarbons to develop alternative industries and markets with
In the effort of the EU-Commission to improve the performance and gradation of the Greek economy by creating a “safety” net that will allow the Greek banking system to surpass the reef of the stress tests of the ECB, has instructed the Greek government to apply an Asset Protection Scheme to the balance sheets of
The President of France Emmanuel Macron after he managed to bypass the “obstacle” of the yellow vests, he is now confronted with the greatest challenge of his presidency which will largely judge and renew his term of office in the Presidency of France. The acceptance by the social partners of the French government’s proposed reforms
The shock caused on the demand side of the real estate market in Dubai (UAE) has caused a price drop in the real estate market of between 25%-35% compared to 2014 price levels. This situation has as a direct consequence that the construction industry in the United Arab Emirates is constantly moving in uncharted waters
