Venezuela illegally seizes GM car plant

Source: Dukascopy Bank SA
On Wednesday, General Motors stated that the Venezuelan government seized its auto plant, confiscating vehicles and other assets; an action that GM considered completely illegal that could do irreparable damage to the company.
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Thu, 20 Apr 2017 07:03:11 GMT

Brexit to affect Britain more than EU

On Thursday, the EU Foreign Policy Chief Federica Mogherini said that Britain would not benefit from leaving the EU, making an assumption that it would lose much more than the bloc.

Thu, 20 Apr 2017 04:36:10 GMT

Capital outflows from China fall in Q1

On Thursday, the Chinese foreign exchange regulator stated that with new capital controls the country's capital outflows weakened in the first quarter of the year, while also helping to stabilise the Yuan.

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