The international rating agency Fitch has kept China's long-term issuer default rating (IDR) in national and foreign currencies at "A +", the outlook is stable, the agency said in a release. The short-term IDRs of the PRC in both currencies remained at the “F1 +” level, the country ceiling rating was at the “A +” level. "China's ratings are supported by a strong level of external financing of...

If you listen to bookmakers, it becomes clear that the central issue of the upcoming elections in the UK is not the victory of Boris Johnson, his ability to pry himself away from the competitors. According to bookmaker Paddy Power, Johnson is the favorite among the vast majority of the country's population. Many want him to remain as Prime Minister after the December 12 vote. With the current...

The yellow vest movement attempted to draw attention by holding its 53rd Saturday demonstration. The initially peaceful march resulted in pogroms and arson. 147 people were detained, 129 of whom were arrested. A year after the movement's founding and the action in Paris on this occasion showed that the radicalism is growing in proportion to the decline in the number of participants. This...

The German economy avoided recession in the third quarter, but its growth was extremely weak, amounting to only 0.1% of GDP quarter-on-quarter and 0.5% in annual terms. The sharp decline in industry was partially offset by an increase in consumption, as well as growth in construction. However, given that the trade disputes that hit the country's exports are still far from being resolved, experts...

The trade war has had a negative impact on the Japanese economy. Against this background, Tokyo may increase budgetary investments in the economy. Japan's GDP in the III quarter grew at the slowest pace for the year, as the trade war between the US and China and weak global demand led to a reduction in exports. This may force politicians to increase fiscal and monetary stimulus in order to...

Turkish President Recep Tayyip Erdogan begins his two-day visit to the United States on November 1. There, he will meet with Donald Trump, who recently threatened to destroy the Turkish economy and imposed sanctions against Ankara. Such a reaction was caused by actions of the Turks in Syria that were not coordinated with Washington. After operation was suspended, Trump somehow softened, but the...

Former Mayor of New York, billionaire Michael Bloomberg may stand as a Democratic candidate for the U.S. presidential election in 2020. Earlier, the businessman claimed that he was not going to participate in the race. Now he believes that the current Democratic contenders are not ready to “secure a defeat for Trump.” Michael Bloomberg is actively preparing for entry into the primaries of the US...

US authorities have stepped up efforts to reconcile South Korea and Japan, their key allies in Asia. On Tuesday, Assistant Secretary of State for East Asia and the Pacific, David Stillwell, arrived to South Korea. One of the key topics for discussion is Seoul’s decision to withdraw from the Agreement on the General Security of Military Information (GSOMIA), a key mechanism for cooperation between...

German Chancellor Angela Merkel announced that the government will invest € 3.5 billion ($ 3.9 billion) in the construction of charging stations for electric vehicles by 2035. The statement was made during a speech by the Chancellor at the Volkswagen factory in Zwickau, where starts production of an ID.3 electric vehicle worth € 30 thousand. “Now we can say that Zwickau is the pillar of today's...