Igor Kuchma

Back in 2008, the world faced one of the worst crises ever experienced by our economic systems. Theoretically, this tragic experience should have taught us not to inflate new bubbles and use monetary policies with caution. Unfortunately, time has shown that central banks will do everything to keep economies growing and stabilizing national currencies, as […]

Despite the fact that the spread of coronavirus continues to affect negatively economic activity, especially transport, tourism and industry both in China and in the Asian region, and gradually begins to cover the whole world, as well stated by Algerian Minister of Energy, stock markets are still performing quite well. In Russia slowing inflation is […]

When it just seemed that things were going smoothly, global financial markets were hit by the Coronavirus fears. There is no doubt that sooner or later a vaccine will be released, however, until then, companies will continue losing money, whilst countries their growth momentum.   Europe In fact, Europe and its major economies already publish […]

Last week, we learned that the deadly coronavirus can negatively affect the aircraft carriers together with the oil prices, at the same time helping streaming service platforms, such as Netflix, to earn new subscribers; and that the future growth of the global economy remains questionable as the IMF decreases forecasts for this year and the […]

One more week stock markets closed in the green zone, in some cases hitting new record highs. The positive performance can be contributed to two major events: the signature of a phase one trade deal between China and the U.S. and the approval of the USMCA trade deal by the U.S. Senate. It is worth […]

Despite the fact that Iran fired missiles at bases used by U.S. troops in Iraq in retaliation for the assassination of Qassim Suleimani, commander of Iranian forces, tensions between two countries mysteriously decreased, pushing oil prices down. Meanwhile, Europe continues to present sign of political instability, in particular in France, where strikes against Macron pension […]

Where ends patriotism and begins terrorism? This is the question people are forced to answer just 3 days after the New Years. We have all heard the famous saying “an eye for an eye” but how democratic is it? Two days ago we got the news that the US army killed in an airstrike attack […]

Despite the House’s impeachment of President Trump, which in reality did little to detract from broader economic optimism, the last week was marked by the continuation of positive/bullish trends not only in the U.S. but also in European equity markets. However, it was to be expected for two reasons:  as we learned in 1998, markets […]

Crucial events of the last week  Prime Minister Boris Johnson and his Conservative Party win in the UK elections The United States and China reached phase one trade agreement Central banks left rates unchanged, with the Fed signaling no rate change is expected in 2020 United States-Mexico-Canada Agreement was reached   Macro data of the […]

Last week was marked by a serious of positive and ‘not so’ positive news: U.S. total nonfarm payroll employment rose by 266,000 in November, whilst the unemployment rate remained at 3.5 percent. The Bank of Canada kept its benchmark rate steady at 1.75. The Reserve Bank of Australia also kept the interest rate steady at […]