World & Politics
Climate change is already here, and it’s deadly - 07/30/2018
Fires, floods, drought, abnormal heat. Every day, the climate change is becoming more influential. Last year, natural disasters around the world caused economic losses of $ 353 billion. At the same time, 2017 became the third hottest year in the world history of meteorological observations since 1880. This year, different countries of the world are also struggling with natural disasters that have...
California authorities to ban free office food - 07/30/2018
IT corporations, including Facebook, Google, Twitter, LinkedIn, Uber, give their employees natural bonuses and benefits, Including provide free lunches, in addition to high salaries. The authorities of California believe that this harms the economy of the region. Last week, several members of the San Francisco Board of Supervisors introduced a bill that would prohibit corporations from creating...
France opposes trade agreement between the EU and the US - 07/26/2018
France is opposing conclusion of a comprehensive trade agreement between the European Union (EU) and the US, but still wants maintains a dialogue on trade issues with US partners. The Minister of Economy and Finances of the country Bruno Le Maire told this the AFP. "We do not want to enter into negotiations on a certain big agreement, we saw restrictions on this with the example of the TTIP...
Does Venezuelan economy have a future? - 07/25/2018
Hyperinflation in Venezuela is gaining momentum against the backdrop of the most severe financial, economic and humanitarian crisis that has been going on for five years. Tens of thousands of Venezuelans are leaving the country in search of a better life in Brazil and Colombia. The IMF warns in the updated forecast of the development of Latin America that the "diseases" of Venezuela are...
Is the UK doomed to hard Brexit with Dominic Raab? - 07/24/2018
The new Secretary of State for Exiting the European Union of the UK Dominic Raab has already proved that it will be more difficult to deal with him than with his predecessor. In an interview with the Sunday Telegraph, Raab bet 39 billion pounds ($ 51 billion). This is a sum, which London must pay to Brussels, leaving the European Union, and it is directly dependent on a trade agreement between...
Ex-employee of Cambridge Analytica to create a fund supporting the extreme right forces in the EU - 07/23/2018
The former vice-president of the analytical company Cambridge Analytica and the chief strategist of the election campaign of Donald Trump Steve Bannon has entered the pre-election race in the European Union. Ten months before the elections to the European Parliament, the American edition of the Daily Beast reported: Mr. Bannon is setting up a political fund for the support of extreme right-wing...
IMF: Lack of trust is more harmful than trade wars - 07/23/2018
The crisis of trust between the world trade participants can have a more negative impact on the world economy than the direct introduction of duties, experts of the International Monetary Fund (IMF) estimated in an analytical report prepared for the meeting of finance ministers and heads of central banks of G20 member countries in Buenos Aires. The maximum losses in this case will reach 0.4-0.5%...
Will Hungary become a new European gas hub? - 07/20/2018
Countries of Central and Eastern Europe are debating over the transit of gas from a field discovered in the Black Sea. Hungary believes that the era of the monopoly of Russian Gazprom in the region is over. A large gas field was discovered in the Romanian part of the Black Sea several years ago. According to preliminary estimates, its reserves reach more than 40 billion cubic meters of gas. This...
Does Trump really want to split the European Union? - 07/19/2018
Washington confirmed that on July 25, President Trump will meet with President of the European Commission (EC) Jean-Claude Juncker at the White House. Europe does not hide the fact that the head of the European Commission goes overseas to put up with the "big brother". "It is clear that Junker cannot fly to Washington empty-handed," said one of the high-ranking European diplomats to Politico....
USA is considering higher tariffs on uranium import - 07/18/2018
The administration of President of the United States Donald Trump intends to study a possible damage to the national security of the country as a result of the import of uranium. This investigation may result in introduction of duties on import of this metal into the United States, Bloomberg reported referring to three sources familiar with this topic. The timing of the investigation is not yet...
