The Strategist
World & Politics

IMF: Saving Venezuela will cost $ 30 billion - 10/19/2017

The International Monetary Fund (IMF) has commenced preparations for a possible bailout of Venezuela, which may require annual aid of $ 30 billion or more, writes The Financial Times. This will be one of the most complicated processes of bond restructuring in the world, as well as the largest verification of the fund's rules, the article notes. The IMF does not have official relations with...

Catalonia crisis jeopardizes M&A deals in Spain - 10/18/2017

Spanish companies, which have experienced a boom in mergers and acquisitions this year, are now faced with an unexpected problem in the form of a referendum on the independence of Catalonia, Bloomberg writes. According to Bloomberg, the volume of deals involving Spanish properties increased by 83% to $ 62 billion this year. At the same time, the country's economy has been growing at least 3% for...

Greenpeace: Chinese smartphone manufacturers cause the greatest harm to the environment - 10/18/2017

In a "Guide to Greener Electronics" published on Tuesday, Greenpeace presented the world's electronics manufacturers' rating of the level of safety of their production and products for the environment. No one of the 17 companies received the highest score, and the most unfavorable were Chinese manufacturers Oppo, Vivo and Xiaomi. In a renewed "Guide to Greener Electronics" (the paper had...

The ECB limited QE to 2.5 trillion euros. What's next? - 10/16/2017

The European Central Bank cannot decide what to do with the asset buy-back program. Members of the ECB have determined the maximum amount of QE at 2.5 trillion euros. What will happen next? Some members of the ECB board have determined the limit of the program of buying up assets at the level of 2.5 trillion euros, Bloomberg reports with reference to its sources. At the same time, it is noted...

Hotel, concert organizers, weapons manufacturers are blamed for Las Vegas massacre - 10/13/2017

A 21-year-old California student, Paige Gasper, who was wounded during the shooting in Las Vegas, filed lawsuits against the hotel chain, organizers of the concert, and against manufacturers of the device, with which Stephen Paddock build an automatic rifle out of a semi-automatic. This suit has become the first legal claim of the victims during the shooting, and now the case promises to be very...

Facebook to rethink the conception of political advertising - 10/12/2017

Facebook will rethink the principles of placing political advertising on its platform and may make some changes to the regulations before the mid-term elections to the US Congress scheduled for November 2018, said This Thursday, October 12, said Facebook’s CTO Mike Schroepfer. "We are now actively working on all these things, the company pays much attention to improving all this," Reuters quotes...

The ECB earned almost $ 9.5 billion on the Greek crisis - 10/11/2017

The European Central Bank (ECB) received a profit of 7.2 billion pounds ($ 9.5 billion) from the Greek debt crisis, writes the Daily Express. The emerging information that the Greek bailout program has caused a shocking conflict of interest may lead to outrage in the country, which has been suffering from austerity measures for seven years. Leo Hoffmann-Axthelm of Transparency International...

The Central Bank of China calls to facilitate the movement of capital - 10/11/2017

China needs to weaken measures to control the movement of capital to gradually achieve the free movement of the yuan, stated Head of the People's Bank of China, Zhou Xiaochuan, on the eve of the forthcoming congress of the Communist Party of China. Now, the country's authorities, on the contrary, are strictly monitoring the movement of funds, using the current currency restrictions to control the...

Theresa May is preparing for the worst - 10/10/2017

British Prime Minister Theresa May said that she was ready for the failure of negotiations with Brussels on the withdrawal of the country from the European Union. At the same time, she is optimistic and confident that she will be able to achieve good results. Nevertheless, it is necessary to prepare for the worst development of events, May believes. In particular, Great Britain is reserving the...

Why sovereignty of Catalonia will cost more than Brexit - 10/06/2017

If Catalonia leaves Spain and the so-called Catalexit still happens, the region will plunge into a long period of uncertainty, Business Insider reports with reference to the Dutch bank ING. The region has long been fighting for the preservation of its cultural identity. On Sunday, a referendum on independence was held in Catalonia, during which 90% of citizens voted to secede from the rest of the...
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