Last year, 39-year-old Macron became the youngest President of France. But his age is even less important than the background: Macron spent over three years working as an investment banker for Rothschild and himself tried to launch an educational start-up. French politicians, from Chirac to Hollande, for decades spoke about reforms, but failed to resist the pressure of pensioners and trade...

The global economy will continue to grow at high rates, but the risks of slowing this growth are increasing, experts of the International Monetary Fund (IMF) said. The main threat there is considered to be the expansion of the trade protectionism practices. However, the experts noted that so far the macro consequences of the measures announced on this part have been having an insignificant...

The Starbucks coffee house has introduced a £ 0.05 charge per serving sold in a disposable paper or plastic cup in all of its cafes in the UK. The company won’t make money on this, but sellers of pottery have chances to increase their profits. 2.5 billion disposable cups are annually used in the UK, and only 0.25% of them are recycled. The UK Starbucks decided to widely introduce charges for...

President of the United States Donald Trump, who participated in the NATO summit, criticized the European countries for supporting the Nord Stream-2 gas pipeline project from Russia to Germany and insufficient contributions in the North Atlantic bloc’s development. "NATO countries spent additional billions of dollars at my request since my last visit last year, but that's not enough. The US is...

The volume of global debt in January-March 2018 increased by $ 8 trillion, to $ 247 trillion, and this is already 318% of global GDP. This figure was $ 222.6 trillion in the first quarter of 2017. Quarterly growth was recorded for the first time since the third quarter of 2016, it follows from the calculations of the Institute of International Finance (IIF). The debt load of the corporate sector...

British Foreign Secretary Boris Johnson resigned this afternoon because of disagreement with the Brexit plan. The day before, David Davis, the Secretary of State for Exiting the European Union, left his post for the same reason. Both politicians are opposed to maintaining a free trade zone with the EU after leaving the union, as well as against the lack of customs control. British...

Europeans are facing a difficult choice. The production of own gas is falling, but the demand is growing. It would seem that there is no problem, because Russia is still ready to meet the growing demand of Europe. However, here comes the United States. The US produces a lot of liquefied gas and really wants to replace Russian gas in Europe with its American analogue. According to the forecasts of...

The Government of India decided to keep a complete ban on the use of crypto currency in the country. Earlier, this ban was issued by the Central Bank of India to all financial institutions. Some financial companies have appealed to the Supreme Court with a note of protest to appeal the decision of the central bank, but the central bank rejected the appeals. In yesterday's ruling, the Supreme...

The European Union is changing the copyright law. Now, nearly everything can become a reason to block a website. The Committee of the European Parliament on Legal Affairs on June 20, 2018 approved the draft of a new EU directive on copyright protection. If the initiative is approved by the parliament, it can significantly change the regulation of copyright in the EU. One of the provisions...