On the eve of the EU-China summit, the Premier of the State Council of the People's Republic of China assured that Beijing does not need a split of the European Union. However, Brussels is seemingly afraid of the Chinese "Divide and Rule" policy. On the eve of the EU-China summit, Premier of the PRC State Council Li Keqiang rejected accusation that Beijing wants to split the EU. "We actively...

The US promised new sanctions against Iran. They can be introduced in May. The country’s goal is to persuade businesses to abandon cooperation with the Islamic Republic. Experts believe that Washington will choose this way to achieve an even greater decline in oil exports from Iran. This will lead to an increase in inflation and further impoverishment of the population, but Tehran will not...

It is supposedly necessary for Europe to create a new “empire” in order to resist domination on the part of China and the United States. Minister of Economy and Finance of France Bruno Le Maire calls for creation of “an empire not of domination”, but somehow “peaceful”, that would unite the EU countries in opposition to the Chinese project One Belt, One Road, as well as actions of the US...

On Monday, April 1, the Supreme Court of Venezuela called for depriving interim President Juan Guaidó of parliamentary immunity. The corresponding requirement was sent to the Legislative Assembly, loyal to Nicolas Maduro. There are currently two investigations being conducted against Juan Guaidó in Venezuela. In late March, Head of the General Control Directorate of Venezuela removed the interim...

On Sunday, local elections were held in Turkey. Inflation and unemployment are rising rapidly in the country and the lira is falling. Naturally, the second could not but affected the first. Turkish President Recep Tayyip Erdogan was somehow disingenuous arguing that his Justice and Development Party (AKP) won at the local elections held on Sunday. For the first time in the 16 years, he lost...

More than half of Africans have no access to electricity. 63% of the rural population are deprived of it in sub-Saharan Africa. Electricity here is three times more expensive than in Europe or the United States, which partly explains the delay in industrialization. Due to the shortage of power, Africa’s economic growth is slowing down by 2–4 percentage points annually. Conversely, complete...

The US Department of Justice found the Patient Protection and Affordable Health Care Act (Obamacare), one of the main achievements of the previous administration in the White House, unconstitutional. The decision of the Justice Ministry has brought the current president, Donald Trump, one step closer to fulfilling his main election promise, abolition of Obamacare. However, the Democrats who are...

The kingdom’s spending on development of logistics, mining and energy sectors amount to 100 billion riyals. As a result, it is assumed that in Saudi Arabia will increase demand for industrial real estate in the kingdom, states CBRE report. There are several projects in the country that will attract investors and users. These include Tharwat Logistics City north of Riyadh, and Asfan Smart...

If China pay no special attention to the problem of data privacy and protection of intellectual property, the country will lose the opportunity of growth worth 37 trillion yuan ($ 5.5 trillion) in the coming decade. This became known from a report of the non-profit organization Hinrich Foundation. In 2017, China's digital data streams brought 3.2 trillion yuan to the domestic economy and 1.6...