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Which companies are conducting the biotechnology revolution right now, you can find out from the following material.
Although the CRISPR-Cas9 technology to edit a genome is of relatively recent development, there is already intense competition in the market of gene therapy. In particular, the American Editas Medicas startup creates drugs to treat liver, kidney, lung, eye and blood diseases based on the technology. Another company, Audentes Therapeutics, specializes in gene therapy of rare diseases.
At present, there are over 30% of overweight people in some developed counties. The reason is too much sugar which is used by manufacturers for sweet taste of their products and which has no time to dissolve on the tongue. The solution was found by the Nestle company: it is necessary to change the molecular structure of confectionery sugar, thus reducing its share in the production by 10%.
In early August, AquaBounty announced its first delivery of genetically modified salmon in volume of 4.5 tons to a customer from Canada, whose name is not disclosed. The company applies the technology for crossing of Atlantic and freshwater salmons, thanks to which the fish can be grown in ground storage tanks, rather than in seawater cells, thus reducing the risk of contracting diseases and vermin attacks. Moreover, they have already succeeded in shortening of the fish growing term from 3 to 1.5 years.
Last month, the LazaTech company and the authorities of India concluded an agreement to build the world's first enterprise, which would process carbon dioxide into ethanol. The process is expected to take place in bioreactors containing bacteria grown in the carbon dioxide environment. They ferment carbon dioxide creating ethanol. According to experts, if the project succeeds in commercial terms, greenhouse gases from unwanted production wastes will become a commodity.
During the last ten years, there was an active development of 3D human organ printing methods. Until recently, the main product was heart, since it is an organ of the simpliest structure, however, the trend began to change. For example, the American Organovo company developed a technology for printing tissues of human kidneys and liver. While the printed tissues are used only in laboratory studies. According to the company's representatives, the printing of fully functional body organs will not be long in coming.
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General Electric's industrial solutions unit is being sold to Zurich-based electrical components maker ABB for $2.6. The deal will shed $200 million in annual costs.
Since 2010, ABB has invested about $11 billion in the US company. The purchase of GE assets will strengthen the company's position in the North American market. It was assumed that GE would gain from $2.5 billion to $3 billion from selling its industrial solutions business.
The funds raised from the deal will go toward funding the company’s reorganization. GE said the industrial solutions deal would probably close this year or in early 2018.
The unit’s sale is poised to be the first major portfolio change under GE’s new chief executive, John Flannery, who has been committed to boost the company’s lagging stock price.
In March 2017, GE agreed to deepen its cost-cut targets under the pressure of shareholder Trian Fund Management. Flannery said he will unveil his plans for GE and the portfolio in November.
https://instaforex.livejournal.com/1811429.html
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General Electric's industrial solutions unit is being sold to Zurich-based electrical components maker ABB for $2.6. The deal will shed $200 million in annual costs.
Since 2010, ABB has invested about $11 billion in the US company. The purchase of GE assets will strengthen the company's position in the North American market. It was assumed that GE would gain from $2.5 billion to $3 billion from selling its industrial solutions business.
The funds raised from the deal will go toward funding the company’s reorganization. GE said the industrial solutions deal would probably close this year or in early 2018.
The unit’s sale is poised to be the first major portfolio change under GE’s new chief executive, John Flannery, who has been committed to boost the company’s lagging stock price.
In March 2017, GE agreed to deepen its cost-cut targets under the pressure of shareholder Trian Fund Management. Flannery said he will unveil his plans for GE and the portfolio in November.
https://instaforex.livejournal.com/1811429.html
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General Electric's industrial solutions unit is being sold to Zurich-based electrical components maker ABB for $2.6. The deal will shed $200 million in annual costs.
Since 2010, ABB has invested about $11 billion in the US company. The purchase of GE assets will strengthen the company's position in the North American market. It was assumed that GE would gain from $2.5 billion to $3 billion from selling its industrial solutions business.
The funds raised from the deal will go toward funding the company’s reorganization. GE said the industrial solutions deal would probably close this year or in early 2018.
The unit’s sale is poised to be the first major portfolio change under GE’s new chief executive, John Flannery, who has been committed to boost the company’s lagging stock price.
In March 2017, GE agreed to deepen its cost-cut targets under the pressure of shareholder Trian Fund Management. Flannery said he will unveil his plans for GE and the portfolio in November.
https://instaforex.livejournal.com/1811429.html
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General Electric's industrial solutions unit is being sold to Zurich-based electrical components maker ABB for $2.6. The deal will shed $200 million in annual costs.
Since 2010, ABB has invested about $11 billion in the US company. The purchase of GE assets will strengthen the company's position in the North American market. It was assumed that GE would gain from $2.5 billion to $3 billion from selling its industrial solutions business.
The funds raised from the deal will go toward funding the company’s reorganization. GE said the industrial solutions deal would probably close this year or in early 2018.
The unit’s sale is poised to be the first major portfolio change under GE’s new chief executive, John Flannery, who has been committed to boost the company’s lagging stock price.
In March 2017, GE agreed to deepen its cost-cut targets under the pressure of shareholder Trian Fund Management. Flannery said he will unveil his plans for GE and the portfolio in November.
https://instaforex.livejournal.com/1811429.html
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In mid-September, Venezuela’s President Nicolas Maduro stated that the country scrapped the US dollar to price its oil blends. The oil ministry has already posted the price list of its oil and fuel in the Chinese yuan.
Citing the President of the socialist-run country, this measure is introduced in an effort to free the domestic oil industry from “the tyranny of the dollar.” This is also done in response to sanctions against Venezuela announced by US President Donald Trump. Nicolas Maduro terms these sanctions unlawful and unfair. At present, a few tankers loaded with Venezuelan crude oil got stuck in US ports as payment for the crude cannot be settled in light of the new sanctions.
Earlier, Nicolas Maduro unveiled his plans to invoice oil sales in the euros. The state oil company PDVSA requested its partners to settle transactions for oil exports in the single European currency. Traders exporting crude from Venezuela have already converted their accounts in the euro. Caracas aims to evade US sanctions this way.
In August, US President Donald Trump endorsed a directive on the financial sanctions against Venezuela. According to the directive, the US blocks deals with bonds and securities issued by Venezuela’s government and the state-run company PDVSA. Besides, US companies are banned to make deals with available treasuries from Venezuela’s public sector and dividends to be paid by Venezuela’s government.
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In mid-September, Venezuela’s President Nicolas Maduro stated that the country scrapped the US dollar to price its oil blends. The oil ministry has already posted the price list of its oil and fuel in the Chinese yuan.
Citing the President of the socialist-run country, this measure is introduced in an effort to free the domestic oil industry from “the tyranny of the dollar.” This is also done in response to sanctions against Venezuela announced by US President Donald Trump. Nicolas Maduro terms these sanctions unlawful and unfair. At present, a few tankers loaded with Venezuelan crude oil got stuck in US ports as payment for the crude cannot be settled in light of the new sanctions.
Earlier, Nicolas Maduro unveiled his plans to invoice oil sales in the euros. The state oil company PDVSA requested its partners to settle transactions for oil exports in the single European currency. Traders exporting crude from Venezuela have already converted their accounts in the euro. Caracas aims to evade US sanctions this way.
In August, US President Donald Trump endorsed a directive on the financial sanctions against Venezuela. According to the directive, the US blocks deals with bonds and securities issued by Venezuela’s government and the state-run company PDVSA. Besides, US companies are banned to make deals with available treasuries from Venezuela’s public sector and dividends to be paid by Venezuela’s government.
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In mid-September, Venezuela’s President Nicolas Maduro stated that the country scrapped the US dollar to price its oil blends. The oil ministry has already posted the price list of its oil and fuel in the Chinese yuan.
Citing the President of the socialist-run country, this measure is introduced in an effort to free the domestic oil industry from “the tyranny of the dollar.” This is also done in response to sanctions against Venezuela announced by US President Donald Trump. Nicolas Maduro terms these sanctions unlawful and unfair. At present, a few tankers loaded with Venezuelan crude oil got stuck in US ports as payment for the crude cannot be settled in light of the new sanctions.
Earlier, Nicolas Maduro unveiled his plans to invoice oil sales in the euros. The state oil company PDVSA requested its partners to settle transactions for oil exports in the single European currency. Traders exporting crude from Venezuela have already converted their accounts in the euro. Caracas aims to evade US sanctions this way.
In August, US President Donald Trump endorsed a directive on the financial sanctions against Venezuela. According to the directive, the US blocks deals with bonds and securities issued by Venezuela’s government and the state-run company PDVSA. Besides, US companies are banned to make deals with available treasuries from Venezuela’s public sector and dividends to be paid by Venezuela’s government.
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Bank of Tokyo-Mitsubishi UFJ Nobuyuki Hirano North Korea said that the latest missile launch by North Korea gave Japan “a very strong alert”.
The missile flew over the northern island of Hokkaido and landed in the Pacific Ocean east of Cape Erimo. The launch was the second to fly over Japan in less than a month.
"Japanese citizens and public have been accustomed to a long-lasting peace, and they believe peace is always there, but this is not necessarily the case,” Hirano said.
He also stressed now it was time for Japan and United States as well as other countries to come together and say clearly that they would not allow North Korea’s “unlawful conduct”.
Following the latest launch of the missile towards Japan, Asian stock indices showed a brief decline. Earlier this month, a hydrogen bomb test in North Korea sparked a short-term sell-off.
The recent missile launch was “not a real escalation of what has happened so far,” Woon Tian Yong, an analyst at Informa Global Markets said. “This is not something we have not seen before. Markets are not going to take this too seriously.”
Last week, the United Nations Security Council unanimously approved new sanctions against North Korea, imposing a ban on the nation’s textile exports and capping imports of crude oil.
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Bank of Tokyo-Mitsubishi UFJ Nobuyuki Hirano North Korea said that the latest missile launch by North Korea gave Japan “a very strong alert”.
The missile flew over the northern island of Hokkaido and landed in the Pacific Ocean east of Cape Erimo. The launch was the second to fly over Japan in less than a month.
"Japanese citizens and public have been accustomed to a long-lasting peace, and they believe peace is always there, but this is not necessarily the case,” Hirano said.
He also stressed now it was time for Japan and United States as well as other countries to come together and say clearly that they would not allow North Korea’s “unlawful conduct”.
Following the latest launch of the missile towards Japan, Asian stock indices showed a brief decline. Earlier this month, a hydrogen bomb test in North Korea sparked a short-term sell-off.
The recent missile launch was “not a real escalation of what has happened so far,” Woon Tian Yong, an analyst at Informa Global Markets said. “This is not something we have not seen before. Markets are not going to take this too seriously.”
Last week, the United Nations Security Council unanimously approved new sanctions against North Korea, imposing a ban on the nation’s textile exports and capping imports of crude oil.
https://instaforex.livejournal.com/1810872.html
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Bank of Tokyo-Mitsubishi UFJ Nobuyuki Hirano North Korea said that the latest missile launch by North Korea gave Japan “a very strong alert”.
The missile flew over the northern island of Hokkaido and landed in the Pacific Ocean east of Cape Erimo. The launch was the second to fly over Japan in less than a month.
"Japanese citizens and public have been accustomed to a long-lasting peace, and they believe peace is always there, but this is not necessarily the case,” Hirano said.
He also stressed now it was time for Japan and United States as well as other countries to come together and say clearly that they would not allow North Korea’s “unlawful conduct”.
Following the latest launch of the missile towards Japan, Asian stock indices showed a brief decline. Earlier this month, a hydrogen bomb test in North Korea sparked a short-term sell-off.
The recent missile launch was “not a real escalation of what has happened so far,” Woon Tian Yong, an analyst at Informa Global Markets said. “This is not something we have not seen before. Markets are not going to take this too seriously.”
Last week, the United Nations Security Council unanimously approved new sanctions against North Korea, imposing a ban on the nation’s textile exports and capping imports of crude oil.
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Last week, China announced that all cryptocurrency exchanges in the country are obliged to stop all transactions and notify users about the closure. The government also prohibited registration of new users.
By Wednesday, September 20, exchanges were required to notify users about the methods of funds withdrawal and ensure the protection of investors' interests.
Earlier, James Dimon, JP Morgan Chase Bank CEO, called the bitcoin “a fraud” and said that if any JPMorgan traders were trading the cryptocurrency, he “would fire them in a second”.
In early September, the Chinese authorities banned individuals and organizations from raising funds through ICO. The People’s Bank of China sees such a scheme as illegal financing. Published: 2017-09-22 16:40:00 UTC
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The public debt of the United States has hit a new record once again! For the first time in history, the figure exceeded the ceiling of $20 trillion. The scale of the debt is really impressive. The Congress did not argue with the president and agreed to raise the debt ceiling, and now these circumstances do not limit the Finance Department in its scope of facilities.
Until December, the States can freely take new borrowings. However, experts and analysts have no doubt that in December the Congress will raise the limits once again. They associate it with the words ‘let’s party hard!’ However, if earlier the amount was impressive but it did not go beyond annual GDP (which is about $19 trillion), now the debt has surely exceeded this value. The US problems with the debts are an echo of the global financial crisis of 2008. Over the past few years, the US government has increased the ceiling for public debt several times, but every time it broke through a new limit. And, to all appearances, considerable changes in this plan are unlikely to happen in the near future.
Of course, it is still difficult to call the United States a bankrupt, but with every year the situation becomes more complicated. The population of the country is steadily aging and having health issues, and as a result, more money is required for medical and social care, and amounts of taxes going to the state budgets are getting smaller with every year. Plus, the unstable situation in the world economy increases the US debt obligations. Against this backdrop, Russia looks like a responsible borrower according to the assessment of the Ministry of Finance. By the end of 2017, the national debt is expected to reach 12.7 trillion rubles, 13.8 percent of the country's GDP.
https://instaforex.livejournal.com/1810368.html
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The free exchange rate of the ruble was introduced in Russia on July 1, 1992. Immediately afterward, the Bank of Russia equalized the official exchange rate of the US dollar with the exchange one, raising it from 56 kopecks to 125 rubles, fixing the growth by 222 times. The most noticeable cases of the ruble depreciation in the history of Russia are in our photo gallery.
From 26 to 28 August 1992, the official ruble exchange rate fell by 22% against the dollar, from 168.1 to 205 rubles per dollar. The acting chairman of the Bank of Russia, Viktor Gerashchenko, said that it happened because the demand exceeded the supply of currency.
In the photo: Muscovites exchange dollars to rubles in one of the local banks on "Black Tuesday" on September 22, 1992.
From 22 to 24 September 1993, the official exchange rate of the ruble fell by 25% against the dollar, which rose from 1,036 to 1,299 rubles. There was a booming demand for currency.
In the photo: currency exchange office on Novy Arbat, 1993.
October 11, 1994, was another "Black Tuesday" in Russia. For one day, the dollar's rate rose by 38.6%, from 2,833 to 3,926 rubles. However, such large-scale fall of the ruble was short-lived, already on October 14, the dollar rate was 2,994 rubles.
According to the State Statistics Committee of the Russian Federation, in April 1997, the citizens of Russia purchased currencies for a total of 107.6 trillion rubles. And already on August 17, 1998, in Russia, a technical default was declared on the main types of government debt.
From August 18 to September 9, 1998, the dollar grew 3.2 times against the ruble, from 6.50 to 20.83 rubles, followed by a short-term strengthening to 8.67 rubles.
In the photo: currency exchange office in one of the Arbat underground passages, Moscow, 1998.
The economic crisis and depreciation of the Russian currency were facilitated by the artificial overvaluation of the ruble in order to reduce inflation, the crisis in the countries of South-East Asia and the sharp drop in world energy prices. Also, the increase in the dollar and the euro was due to the policy of the Central Bank of Russia to weaken the ruble against the bi-currency basket.
In the photo: the electronic board of the operating cash desk for the exchange of currencies in Moscow, 2012.
On December 16, 2014, the ruble rate at the auctions fell to historical lows - 80.1 rubles per dollar and 100.74 rubles per euro - 11 rubles more than the previous closing quotes. Trading participants characterized the mood in the market as panicky. The ruble was rapidly declining despite the Central Bank's urgent overnight rise of the key rate from 10.5 to 17%.
https://instaforex.livejournal.com/1810071.html
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The free exchange rate of the ruble was introduced in Russia on July 1, 1992. Immediately afterward, the Bank of Russia equalized the official exchange rate of the US dollar with the exchange one, raising it from 56 kopecks to 125 rubles, fixing the growth by 222 times. The most noticeable cases of the ruble depreciation in the history of Russia are in our photo gallery.
From 26 to 28 August 1992, the official ruble exchange rate fell by 22% against the dollar, from 168.1 to 205 rubles per dollar. The acting chairman of the Bank of Russia, Viktor Gerashchenko, said that it happened because the demand exceeded the supply of currency.
In the photo: Muscovites exchange dollars to rubles in one of the local banks on "Black Tuesday" on September 22, 1992.
From 22 to 24 September 1993, the official exchange rate of the ruble fell by 25% against the dollar, which rose from 1,036 to 1,299 rubles. There was a booming demand for currency.
In the photo: currency exchange office on Novy Arbat, 1993.
October 11, 1994, was another "Black Tuesday" in Russia. For one day, the dollar's rate rose by 38.6%, from 2,833 to 3,926 rubles. However, such large-scale fall of the ruble was short-lived, already on October 14, the dollar rate was 2,994 rubles.According to the State Statistics Committee of the Russian Federation, in April 1997, the citizens of Russia purchased currencies for a total of 107.6 trillion rubles. And already on August 17, 1998, in Russia, a technical default was declared on the main types of government debt.
From August 18 to September 9, 1998, the dollar grew 3.2 times against the ruble, from 6.50 to 20.83 rubles, followed by a short-term strengthening to 8.67 rubles.
In the photo: currency exchange office in one of the Arbat underground passages, Moscow, 1998.
The economic crisis and depreciation of the Russian currency were facilitated by the artificial overvaluation of the ruble in order to reduce inflation, the crisis in the countries of South-East Asia and the sharp drop in world energy prices. Also, the increase in the dollar and the euro was due to the policy of the Central Bank of Russia to weaken the ruble against the bi-currency basket.
In the photo: the electronic board of the operating cash desk for the exchange of currencies in Moscow, 2012.
On December 16, 2014, the ruble rate at the auctions fell to historical lows - 80.1 rubles per dollar and 100.74 rubles per euro - 11 rubles more than the previous closing quotes. Trading participants characterized the mood in the market as panicky. The ruble was rapidly declining despite the Central Bank's urgent overnight rise of the key rate from 10.5 to 17%.
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The public debt of the United States has hit a new record once again! For the first time in history, the figure exceeded the ceiling of $20 trillion. The scale of the debt is really impressive. The Congress did not argue with the president and agreed to raise the debt ceiling, and now these circumstances do not limit the Finance Department in its scope of facilities.
Until December, the States can freely take new borrowings. However, experts and analysts have no doubt that in December the Congress will raise the limits once again. They associate it with the words ‘let’s party hard!’ However, if earlier the amount was impressive but it did not go beyond annual GDP (which is about $19 trillion), now the debt has surely exceeded this value. The US problems with the debts are an echo of the global financial crisis of 2008. Over the past few years, the US government has increased the ceiling for public debt several times, but every time it broke through a new limit. And, to all appearances, considerable changes in this plan are unlikely to happen in the near future.
Of course, it is still difficult to call the United States a bankrupt, but with every year the situation becomes more complicated. The population of the country is steadily aging and having health issues, and as a result, more money is required for medical and social care, and amounts of taxes going to the state budgets are getting smaller with every year. Plus, the unstable situation in the world economy increases the US debt obligations. Against this backdrop, Russia looks like a responsible borrower according to the assessment of the Ministry of Finance. By the end of 2017, the national debt is expected to reach 12.7 trillion rubles, 13.8 percent of the country's GDP.
https://instaforex.livejournal.com/1809792.html
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The public debt of the United States has hit a new record once again! For the first time in history, the figure exceeded the ceiling of $20 trillion. The scale of the debt is really impressive. The Congress did not argue with the president and agreed to raise the debt ceiling, and now these circumstances do not limit the Finance Department in its scope of facilities.
Until December, the States can freely take new borrowings. However, experts and analysts have no doubt that in December the Congress will raise the limits once again. They associate it with the words ‘let’s party hard!’ However, if earlier the amount was impressive but it did not go beyond annual GDP (which is about $19 trillion), now the debt has surely exceeded this value. The US problems with the debts are an echo of the global financial crisis of 2008. Over the past few years, the US government has increased the ceiling for public debt several times, but every time it broke through a new limit. And, to all appearances, considerable changes in this plan are unlikely to happen in the near future.
Of course, it is still difficult to call the United States a bankrupt, but with every year the situation becomes more complicated. The population of the country is steadily aging and having health issues, and as a result, more money is required for medical and social care, and amounts of taxes going to the state budgets are getting smaller with every year. Plus, the unstable situation in the world economy increases the US debt obligations. Against this backdrop, Russia looks like a responsible borrower according to the assessment of the Ministry of Finance. By the end of 2017, the national debt is expected to reach 12.7 trillion rubles, 13.8 percent of the country's GDP.
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Here there is the list of businessmen who have made a fortune practically from the air and today live like kings. They achieved the intended goal through the Internet, turning it into a trading platform, where they sold their ideas. To some of them, success came unexpectedly, others had to work hard, but in either case, the result exceeded expectations..
The first line is given to the British writer E.L. James with her novel "Fifty shades of gray", which suddenly became one of the famous, scandalous and at the same time sold. Comments of critics were far from praise, but this did not prevent the novel from reaching the top of the world book market.
The first line is given to the British writer E.L. James with her novel "Fifty shades of gray", which suddenly became one of the famous, scandalous and at the same time sold. Comments of critics were far from praise, but this did not prevent the novel from reaching the top of the world book market.
Marcus Persson, who created the game Minecraft, is the founder of Mojang, which produces video games. He opened it with Karl Manneh and Jacob Porser at the end of 2010. Last September, Markus Persson sold Mojang Corporation Microsoft for 2.5 billion dollars and left his offspring.
Scandalously famous American journalist and publicist Matt Drudge, author of the "Drudge Report". He began to create a kind of informational empire on the Internet, sending out e-mail scraps of picked up gossip. The heroes of his dubious news were mostly political figures.
The top-5 is closed by famous American businessman, investor, billionaire, the creator of PayPal Peter Til. According to the world-famous economic magazine Forbes, its capital is estimated at $1.2 billion. The same source ranked Peter to the category of the most respectable and wealthy individuals of the planet. https://instaforex.livejournal.com/1809425.html
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Italy’s volume of industrial production grew by 0.1% after a 1.1% increase in June, Italy's national statistics agency Istat said.
Despite the considerable slowdown, the figure turned out to be better than expected. Analysts had projected a 0.4% decline in industrial production. From the same period in 2016, the output rose by 4.4%.
The production of consumer goods rose by 0.5% in July compared with the previous month. The output of capital goods increased by 1.6%, while the production of intermediate goods advanced by 0.3%. Meanwhile, energy production decreased by 3.6%.
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Italy’s volume of industrial production grew by 0.1% after a 1.1% increase in June, Italy's national statistics agency Istat said.
Despite the considerable slowdown, the figure turned out to be better than expected. Analysts had projected a 0.4% decline in industrial production. From the same period in 2016, the output rose by 4.4%.
The production of consumer goods rose by 0.5% in July compared with the previous month. The output of capital goods increased by 1.6%, while the production of intermediate goods advanced by 0.3%. Meanwhile, energy production decreased by 3.6%.
https://instaforex.livejournal.com/1809199.html
