Facebook's Libra is currently making the economic headlines across the globe. It was therefore a hot topic at the Chantilly (France) G7 meeting of finance ministers and central bankers. While that meeting was ongoing, the U.S. House of Representatives and the U.S. Senate were carefully listening to David Marcus, the manager for Facebook’s digital currency project.
According to Eurostat, quarterly growth in the eurozone is down 0.4% compared with 0.7% in the last quarter of 2017.
This week has permanently put the economic crisis in China, the world's second largest economic power, in the limelight of international economy.