The Strategist
World & Politics

IIF: Economic growth in emerging markets will outstrip developed countries soon - 04/17/2018

Forecasts of the Institute of International Finance (IIF) suggest an increase in a gap between economies of the world in terms of growth rates in the coming years. Developed economies, including such large ones as the US and the EU, will be growing at a rate of no more than 3% per year until 2019, while emerging markets - primarily China and India – will be outpacing them in terms of GDP growth...

India can show 10% GDP growth - 04/16/2018

India has already become the fastest growing economy in the world at the end of 2017. However, the country's GDP can grow at double-digit rates soon. India's GDP, according to the forecast of the Central Bank of the country, will increase by 7.4% in fiscal year 2019 after an increase of 6.6% in the previous year. "The steady growth rate is about 7%, and it can be greater with the support of...

IEA: OPEC+ will reach its goal in May - 04/16/2018

The purpose of the OPEC + agreement to limit oil production is to reduce stocks in OECD countries to an average level of five years. And it can be achieved already in May, the International Energy Agency (IEA) expects. According to experts, Russia and Saudi Arabia received an additional $ 121 million a day compared with 2017 from participation in this transaction in the first quarter of 2018. In...

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...
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