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Economics Gazette

Economy and Business news

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April 22, 2018

Posts by: Viliyana Filipova

Global credit sales market

Global credit sales market returned to growth

The global credit sales market returned to growth last year, with total sales of mortgage-backed mortgage loans reaching 114 billion EUR. Although 2017 was record for credit transactions, the amount of non-performing loans (secured, unsecured and corporate) held by European banks has reached approximately 1 trillion EUR. Despite the huge volume of unsold loans in

UK annual wage growth

The UK annual wage growth accelerated in February

The UK annual wage growth excluding bonuses has accelerated to 2.8% in February, the National Statistics Office reported. The consumer price inflation averaged to 2.9%, and is expected to slow to 2% in the year. The data may spur speculation that the British Central Bank will raise interest rates again next month, although the economy

China WTO

China filed a complaint against USA to the WTO

China filed a complaint to the World Trade Organization (WTO) against US President Donald Trump’s decision to impose import duties on steel and aluminum. The Asian country has requested a 60-day consultation with the United States to resolve the dispute. If the two sides do not find a solution, the next step is for Beijing

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