The Strategist
World & Politics

Are we on the verge of World War III? - 04/13/2018

Judging by the latest news reports, the world is facing a clash of two superpowers in Syria. The situation resembles the Caribbean crisis and even may provoke a new world war. On the one hand, these fears are fueled by the unpredictability of US President Donald Trump, who spoke out against Russia on Wednesday via Twitter. Shortly before that, the Russian ambassador in Lebanon threatened that the...

Malta strives to become an island of blockchain - 04/13/2018

On Thursday, it became known that one of the largest online exchanges working with crypto-currencies - the OKEx Technology in Hong Kong - is going to open a new office in Malta. Binance exchange, the world leader in this market, announced a similar decision in the last month. It seems that the island is rapidly approaching a goal stated by the country government - to become an "island of...

Viktor Orban's opponent is closing the last opposition newspaper in Hungary - 04/11/2018

A former supporter of Prime Minister Viktor Orban, who became his worst enemy, Lajos Simicska is actually closing its media empire. The daily newspaper and radio station will stop working this week, the TV company is cutting staff, and the socio-political weekly newspaper is invited to look for new investors. The victory of Viktor Orban in the parliamentary elections in Hungary means that he will...

Ten most popular destinations for tourists on a budget - 04/10/2018

There is nothing better than going on vacation and not worrying about anything else. That is why many choose the "all-inclusive" system. There’s no need to worry about what to eat, where to swim and how to entertain yourself. Everything is included in the price you pay in advance. Experts of TravelSupermarket rated the cheapest all-inclusive system destinations. For comparison, the prices were...

Will Bahrain become the new oil giant? - 04/09/2018

Bahrain announced that it has large oil reserves. Can the Middle East kingdom significantly affect the oil market? Bahrain is a tiny island nation in the Persian Gulf. Recently, a deposit, which contains at least 80 billion barrels of oil and 400 billion cubic meters of natural gas, was discovered at the western shore of this country. Such an assessment was given by independent auditors from...

Capital Economics: US trade deficit grows in February - 04/06/2018

The US trade deficit in February was a record high, amounting to $ 57.6 billion, reports the Bureau of Economic Analysis (a statistical agency of the US Department of Commerce). In February, the country imported goods by $ 77 billion more than it exported. On the contrary, a surplus of $ 19.5 billion has been preserved. The deficit has been growing for six months now and is now the highest since...

China lashes back at the USA - 04/05/2018

The US and China found themselves on the brink of a trade war after the administration of US President Donald Trump unveiled details of a plan to impose a 25 percent duty on Chinese exports for a total of about $ 50 billion a year. The Chinese authorities reacted in a mirror manner, saying on Wednesday they intended to impose similar duties on US export goods for the same amount. The US actions...

French railroad strike brought the government of France to a standstill - 04/04/2018

One of the most intense and protracted railroad strikes began in France on Tuesday. Employees of the state SNCF company demand preservation of privileges, which they have possessed since 1909, and protection of railways against competition. The strike will continue until June. Workers of the state airline Air France are also going to join the railway workers. Until June, the trains be absent...

HE Dr. Khalid bin Mohammad Al Attiyah, Qatari defense minister, means business - 04/02/2018

Credit must be given where credit is due: statesmen in the Gulf have a sense of long-term strategy. Fully aware that the oil blessing would one day tap out, all the Gulf States have long been preparing the future and equipping their countries with all components of modern states, including capacity for self-defense. HE Dr. Khalid bin Mohammad Al Attiyah, who heads the Qatari Defense ministry, is currently getting the emirate’s armed forces shipshape, with state-of-the-art equipment and top-of-the-line training.

The World Bank proposes a new approach to fight tax evasion and the shadow economy - 04/02/2018

The tax authorities of various countries are increasingly concerned with the problem of tax shortfall and falling revenues from the shadow activities of market participants, the World Bank (WB) report says. The organization believes that one of the effective mechanisms to combat it is the access of tax authorities to banking data, as well as reduction of the share of cash payments in the economy...
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