The Strategist
World & Politics

Turkey's parliament plans to vote on Sweden's NATO accession this week - 01/23/2024

Sweden's application to join NATO is scheduled for a vote by the Turkish parliament this week, according to a source cited by Bloomberg on Monday. Citing a government official, the news agency stated that "Turkish President Recep Tayyip Erdogan's Justice and Development Party... will seek parliamentary approval to ratify Sweden's long-awaited NATO membership." Thus, Hungary will be the only...

Snowfalls in Europe caused disruptions with airports and public transport - 01/19/2024

Europe has been battered by heavy snowfall, which has disrupted travel in northern France and caused problems at Frankfurt am Main, Germany's main airport, according to a report released by the EFE news agency on Thursday. There was snowfall in the Grand Est, Ile-de-France, Hauts-de-France, and Normandy regions. By Thursday night, the snow arrived in the Alsace region near the German border....

WTO: ASEAN's poorest countries will benefit from growing trade with rich nations - 01/18/2024

Trade with wealthier nations would enable some of the world's least developed ASEAN nations—Laos, Cambodia, and Myanmar—to better their circumstances in ten years, according to World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala. "Laos, Cambodia, and Myanmar are among the least developed nations in the world that are part of ASEAN; their per capita incomes are significantly lower...

South Korea's President promises North Korea punishment in case of provocation - 01/16/2024

Renhap news agency said on Tuesday that South Korean President Yoon Suk Yeol has pledged to punish the Democratic People's Republic of Korea (DPRK) more severely if Pyongyang provokes it. "The Republic of Korea's present administration differs from all previous administrations. Our military forces are incredibly capable of responding. (...) We will punish North Korea several times more severely...

Venezuela raises minimum wage by 43% - 01/16/2024

President of Venezuela Nicolas Maduro declared a 43% rise in the minimum wage in the midst of widespread demonstrations and just before the country's presidential elections, reports Bloomberg. Employees whose base income is less than $4 a month will get $40 in food stamps and an extra $60 in cash payments. The cumulative amount of the supplemental payments used to be roughly $70. Maduro intends...

China grows oil imports by 11% in 2023 amid economic recovery - 01/15/2024

Chinese oil imports reached 564 million tons in 2023, up 11% from the year before, as reported by the PRC's General Administration of Customs. Simultaneously, the amount spent on raw materials was $337.5 billion, a 7.7% decrease from 2022. China's crude oil supply in 2023 was 1.545 million tons on average per day, compared to 1.393 million tons in 2022. The barrel-release ratio was 11.28...

Macron approves new French government - 01/12/2024

On Thursday night, French President Emmanuel Macron gave his approval to the cabinet that Prime Minister Gabriel Attal had assembled. The new members of the French cabinet were formally announced by Secretary General of the Presidential Office Alexis Kohler. Several prominent ministers from the outgoing administration, led by the resigned Elisabeth Borne, kept their positions. They are Justice...

EU signs 20 contracts to buy shells for Ukraine - 01/12/2024

Less than half of the 1 million shells that the EU agreed to give Ukraine each year have been secured for the end of 2023, as explained by Peter Stano, the spokesperson for EU ambassador Josep Borrell. "More than 20 contracts have been signed for public procurement and, as of December, these contracts allowed for the delivery of at least 180,000 shells," Stano told at a briefing in Brussels on...

Munich Re: Natural disasters brought $250B global damage in 2023 - 01/10/2024

According to preliminary data from Germany's Munich Re, the largest reinsurance firm in the world, the overall damage caused by natural catastrophes to the global economy last year was approximately $250 billion, same as in 2022. In the meantime, insured losses decreased from $125 billion to $95 billion in 2023. $105 billion is the average over the last five years, while $90 billion is the...

China imposes sanctions on five US companies over arms supplies to Taiwan - 01/08/2024

The Chinese Foreign Ministry stated that China has protested to the United States and applied penalties against five American businesses for recent arms sales to Taiwan. "The United States (...), by selling arms to the Taiwan region of China and using various pretexts to impose illegal unilateral sanctions on Chinese companies and individuals, are causing serious damage to China's sovereignty and...
1 2 3 4 5 » ... 202