The countries of Eastern Europe are leading in terms of economic development in the Old World. One of the reasons for the growth is investment in infrastructure. The governments of these countries are trying to increase their political weight. The countries of Central and Eastern Europe are not in Brussels’ good books in the question of protection and development of democracy. However, in...

The head of the European Central Bank (ECB), Mario Draghi, said at the meeting of the Board of Governors that the economy of the euro area is showing steady growth and he is not going to interfere with this, Bloomberg writes. After the IMF raised its growth forecasts, and the world elite in Davos highly appreciated the brighter economic outlook, Draghi said that raising interest rates this year...

Although the world economy is emerging from the crisis, the number of unemployed in the labor markets of developed and developing countries will remain almost at the same level in 2018-2019 (about 200 million people), believes the International Labor Organization. The number of people employed in non-standard labor relations will increase simultaneously with the number of unemployed, as will the...

The presidential campaign de facto began in Venezuela: the incumbent head of state, Nicolas Maduro, announced plans to run for a second term. Elections will be held until April 30, although they were originally planned to be held at the end of the year. More than a dozen Latin American leaders have criticized the plans of the Venezuelan authorities, but they do not intend to listen to the...

The administration of Donald Trump for the first time applied special protective trade measures that should help local producers deal with the growing pressure of imports. To do this, the country sharply raised tariffs for the supply of solar panels and washing machines. The duties for solar panels were increased to 30%; as for washing machines, the first 1.2 million will be levied 20% and others...

The American company Edelman has published its annual analytical report Edelman Trust Barometer 2018, which assesses the level of citizens' trust in various institutions. According to the research, seven out of ten citizens do not trust social networks and are afraid of fake news. At the same time, the level of trust in traditional journalism has increased to a record 59%. Another important...

This year's annual summit of the World Economic Forum in Davos (WEF) will be held for the 48th time. This is the first time when all the co-chairpersons of the summit are women. The summit in Davos will be held on 23-26 January. Its main theme is "Creating a Shared Future in a Fractured World". Seven co-chairpersons of the forum represent different spheres - private and public sectors,...

Preliminary data of the PRC government shows that the country's economy as a result of 2017 grew to 6.9%. Both the Chinese government and the experts of the International Monetary Fund (IMF) forecast that this indicator was lower - about 6.5%. By the end of 2017, China's GDP growth rate was by several percentage points higher than the country's own forecast. According to preliminary data, China's...

The economic consequences of Britain's withdrawal from the EU will depend on whether trade agreements with other countries can push the growth of the economy the same way as the government of the country expects. However, according to the American analytical center Rand Corporation, almost all exit options will have a negative impact on trade and investment. "Hard" Brexit without an agreement...