The Strategist
World & Politics

Scotland gets another chance to leave Britain thanks to Cambridge Analytica - 03/30/2018

The Scottish government believes that the scandal with Cambridge Analytica may lead to a criminal investigation and cause a second referendum in the EU. The Scottish Minister for Brexit, Michael Russell, said that the accusations of incorrect vote counting, linked by Vote Leave, the official Brexit campaign, and the disgraced analysis company Cambridge Analytica, suggest a "big scandal" that...

Israel joins the world gas race - 03/29/2018

Israel is a country that, due to the lack of natural resources and primary materials, built its economy mainly on post-processing industries. However, after the discovery of large offshore natural gas fields, the tiny Mediterranean state plans to radically change the situation. Karish and Tanin fields were discovered in the exclusive economic waters; their reserves are estimated at about 2...

Will Tsipras remain in power after the bailout ends? - 03/28/2018

Greek Prime Minister Alexis Tsipras is trying to re-establish relations with the EU and the IMF, the major creditors of his country. One of the reasons for this step is that Athens is likely to complete the current bailout program in August, on time. Another thing is that the economy is growing, although slower than expected. Yet, Tsipras is sensing growing pressure within the country. His...

A piggybank for the EU: IMF proposes creating a reserve fund for the euro zone - 03/27/2018

The International Monetary Fund (IMF) opened an official expert discussion on the need to create "central fiscal stabilization mechanism" in the euro area, simply put, a rainy-day fund. The IMF believes that it is necessary to deduct 0.35% of the GDP of the euro area countries per year. This step could be an alternative to the idea of the euro zone budget, formed from the taxes of EU countries in...

Arrest of Carles Puigdemont stirs the entire Spain - 03/26/2018

The Spanish authorities opened a new campaign against supporters of independent Catalonia. On Sunday, the former head of the Generalitat (Parliament of Catalonia) Carles Puigdemont was arrested in Germany at the request of the Spanish Supreme Court. The court also issued a warrant for the arrest of four ministers who fled the country together with Mr. Puigdemont. In Spain, five regional...

HSBC: protectionism engulfs the global economy - 03/23/2018

A global report suggests that since protectionism becomes the key slogan of governments, companies are looking for various ways to overcome any obstacles to trade. Of the 6,000 firms surveyed by HSBC, 61% said that governments have become even more protective of their domestic economy. This sentiment was the strongest among companies in the Middle East and North Africa (70%) and the Asia-Pacific...

Merkel: The EU expects a final decision on the US metal duties - 03/23/2018

The EU is waiting for the final decision of the US administration on the issue of steel and aluminum customs duties. If they are introduced to products from the EU, retaliatory measures will follow, German Chancellor Angela Merkel said on the night of the first day of the EU summit. "We cannot yet say what the decision will be," she said, "We believe that it was important to look for ways for...

Experts: Google influences politicians through funding of scientists - 03/22/2018

The nonprofit organization Campaign for Accountability presented a report on the impact of the Google corporation on decisions of European politicians and regulators through the funding of scientific research. As a rule, subjects of the organization’s studies are sensitive issues in the field of antimonopoly legislation, privacy policy, copyright or the "right to be forgotten." In addition to...

IMF: Globalization brings great revenues but increases inequality - 03/16/2018

Globalization contributes to deepening inequality, although it leads to an increase in the incomes of the population. At the same time, the latter effect is more pronounced in developing countries that have recently become part of the global market. The deepening inequality is commonly found in the developed markets, according to the IMF's Working Report called The Distribution of Gains from...

Study: Tax amnesty in the United States produced a minor effect - 03/13/2018

The US tax administration's efforts to disclose offshore account holders have increased tax collections by $ 3.5 billion since 2008. Systemically, however, they were more or less unsuccessful, according to a study by the University of Michigan. In addition to one-time payments, they gave an increase in the base for income tax of $ 2.5-4 billion, which corresponds to additional charges of $ 0.7-1...
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