The British postal service Royal Mail will strike, seeking to improve working conditions. The action may affect Black Friday, end-November sales and Christmas, BBC News reports. More than 97% of the members of the Communication Workers Union (CWU), the postal workers union, which unites about 110,000 people, voted for the strike. The turnout was 76%. The terms and conditions of the strike have...

Japanese Prime Minister Shinzo Abe announced allocation of $ 6.5 million from the state budget reserve fund to help rebuild the country's regions affected by Typhoon Hagibis, Kyodo reports. The money will be allocated for basic necessities, such as water, food and sleeping places, as well as to improve conditions in evacuation centers and to help those who have lost their homes. According to...

The US sanctions have been imposed in connection with European aircraft manufacturing concern Airbus receiving illegal subsidies. The sanctions in the amount of $ 7.5 billion will enter into force on October 18. The World Trade Organization (WTO) has officially approved the US decision to impose large-scale trade sanctions on goods from the European Union. The sanctions are associated with...

The inflation accumulated from the beginning of the year in the republic amounted to 3326%, and the annual inflation from October 2018 to September 2019 rose to 50 100%. From January to September of this year, inflation in Venezuela exceeded 3320%, wrote a member of the Finance Committee of the National Assembly of the Republic Alfonso Marquina on Twitter. “In September, inflation reached...

The Cuban Parliament elected Miguel Díaz-Canel, Chairman of the State Council, as President of the country. This is a historic event: there has been no President in the country for 40 years, and a change in the country's constitution was required to introduce this position. The Cuban parliament has elected Miguel Díaz-Canel, Chairman of the State Council, as President of the country. The post of...

The United States lost the first place in the list of the most competitive economies in the world to Singapore, according to the World Economic Forum. The United States dropped to second place in the annual ranking of the world's most competitive economies, which was published by the World Economic Forum (WEF). Experts noted that the performance of the United States is affected by the uncertainty...

Escondida copper mine in Chile will switch to renewable energy, said BHP Group’s mine owner Jeff Healey. According to Bloomberg, he told this at a presentation to investors. The company is in the final stages of negotiations on a long-term contract for the transfer of the mine to renewable sources. BHP expects that this measure will help reduce production costs. The agency considers BHP’s...

German Finance Minister Olaf Scholz believes that the country should not lag behind other states or private companies with the issuance of digital currency, reports Wirtschafts Woche. “Such a payment system would be useful for the financial center of Europe and its integration into the global financial system. We should not leave this field of activity to China, Russia, the United States or any...

French President Emmanuel Macron said in a telephone conversation with British Prime Minister Boris Johnson that he would consult about the Brexit position by the end of the week, AFP reported referring to the Palais'd Elysees. Mr. Johnson said in a conversation that he was not going to postpone the UK exit from the EU. The agency added that Mr. Johnson “presented his final proposals” on Brexit...