The Strategist
World & Politics

Fitch calls Ukraine's default inevitable - 07/26/2024

Ukraine's long-term issuer default rating (IDR) has been lowered from “CC” (high probability of default) to “C” (default is unavoidable) by the international rating agency Fitch. According to the agency, a process akin to default has begun in Ukraine. "Fitch believes that the agreement in principle reached on July 22 between the government and some holders of Eurobonds on the terms of debt...

Copernicus: July 22 was the hottest day on the planet in the history of observations - 07/25/2024

The average temperature of the atmosphere's surface layer was 17.15 degrees Celsius on July 22. This is an absolute record for the full history of observations, which have been made by the program's professionals since 1940, and generally for the planet's entire history, according to data from the Climate Change Observation Service of the European Copernicus program.  Many parts of the...

How dangerous is the Nipah virus? - 07/24/2024

Alarms have been raised by Indian officials following the death of an adolescent from the Nipah virus. In response to a potential outbreak, health officials in Kerala, a well-liked vacation destination, are taking precautions. Humans can contract the Nipah virus from animals, pigs, or fruit bats. The virus can cause fever and brain swelling. 60 or so persons were placed under the "high risk"...

Biden withdraws from the presidential race - 07/22/2024

The decision of US President Joe Biden to step down from the presidential contest has been made public. "Even though I had planned to run for reelection, I think it would be better for my party and nation if I withdrew from the race and concentrated on carrying out my obligations as President for the rest of my term," according to a statement shared on social network X. It is claimed that Biden...

Olympic Village opens in Paris - 07/19/2024

The Olympic Village in northern Paris has formally opened, writes Le Parisien. On July 18, it greeted the first athletes, mostly from the United States and New Zealand. The location occupies 52 hectares. 14,250 persons are expected, of which roughly 9,000 are athletes. The community will be staffed by four thousand workers and roughly fifteen thousand additional volunteers. There are gyms,...

Biden diagnosed with COVID-19 - 07/18/2024

According to the White House, US President Joe Biden is diagnosed with the coronavirus and is exhibiting mild signs of the illness. "Earlier today, President Biden tested positive for COVID-19 following his first event in Las Vegas. He is undergoing improved therapy and immunizations, and his symptoms are moderate," reads a statement from White House press secretary Karine Jean-Pierre. The...

Turkey ready to increase gas exports to EU with long-term guarantees - 07/17/2024

According to Alparslan Bayraktar, head of Turkey's Energy Ministry, "we are ready to sell more gas to the European Union, but we want long-term commitments to justify infrastructure investments and prefer to do without the complex swapping the EU insists on to avoid Russian gas supplies." Europe is attempting to acquire alternative gas supply in order to replace Russian gas passing via Ukraine....

UN expects world population to peak at 10.3bn by mid-2080s - 07/16/2024

The UN projects that the global population will continue to rise over the following 60 years, reaching 10.3 billion by the middle of the 1980s. After that, the amount will begin to progressively drop, hitting 10.2 billion by the year 2100. The UN Department of Economic and Social Affairs (DESA) provided its most recent forecast on global population. The UN releases this report every two...

Biden orders to provide all necessary protection for Trump - 07/15/2024

On Sunday, US President Joe Biden announced that he had provided former President Donald Trump with all the security measures required to guarantee his safety. Speaking at the White House, Biden stated, "Trump, the Republican nominee and former president, is already subject to increased protection, and I have instructed the Secret Service to give him all the tools, capabilities, and safety...

UBS reports 4.2% growth in global household wealth in 2023 - 07/12/2024

Global families’ wealth climbed by 4.2% in US dollars in 2023, according to Swiss bank UBS's annual Global Wealth Report. The dollar's strength versus the majority of other major foreign currencies contributed significantly to the figure's 3% decline in 2022, which marked the first decline since the 2008 financial crisis. The Americas saw a 3.6% growth in wealth, the Asia-Pacific area saw a...
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