Emmanuel Macron’s popularity in public opinion polls is falling and he is struggling to implement its labor market control policy. Yet, he still hopes for a number of successful negotiations in Europe to prove that his position is consistent and practical. Macron put fulfillment of his main election promise at stake. Namely, he believes that belonging to the European bloc is not just budgetary...

German Finance Minister Wolfgang Schaeuble and other key advisers to Angela Merkel have already made it clear that they are open to an alliance with the Greens, in case the Christian Democrats do not get an absolute majority in the Bundestag elections. The Greens and Christian Democrats are already allies in some national issues. This includes, among other things, a pro-European stance and a...

Against the backdrop of protracted negotiations on conditions of Brexit, the British authorities are calling to eliminate trade barriers for goods, permits for which were received before the official Brexit announcement date. London also counts on maintaining access to markets and service providers, given they are part of a supply contract. Brussels takes a similar position, but before discussing...

By some miracle, China managed to calm the storm, which threatened to send its currency to the bottom. This year, the yuan rose by 4%, and the country's currency reserves increased by $ 70 billion. Local media even suggested weakening control over the movement of capital and the exchange rate. Yet, to do so is like stopping taking medicine at the first sign of improvement. Alas, the complete...

Law enforcement authorities of Spanish Catalonia came to a conclusion that the terrorist attack in Barcelona is associated with a similar attack in the coastal Catalan city of Cambrils, which occurred on the night of Friday. Moreover, presumably at least one large-scale attack did not take place only by a fluke. According to the investigation’s version, terrorists tried to make a homemade bomb in...

China's economic growth is too dependent on credit now, and because of this, the country may suffer from a new financial crisis, the International Monetary Fund fears. The Fund improved the forecast for the growth rates of the second world economy. According to the IMF, China's GDP will grow by 6.7% this year, and will accelerate to 6.4% in the next. The forecast’s previous version assumed an...

Donald Trump said in his tweet that he was disbanding the two advisory groups under the White House, which include American business leaders. "Instead of putting pressure on entrepreneurs in the production council and in the business strategy and policy council, I am closing them. Thank you all! " - wrote the US president. A few minutes before that, Bloomberg reported that the board of...

Today, the British Department for Exiting the European Union announced a new project of creating a temporary customs union with the EU during the transitional period after Brexit. The document also contains two options for long-term trade agreements, which will enter into force after the transition period is over. On the eve of the next round of negotiations on the withdrawal of the UK from the...

In August, the largest, most expensive and most generous yachts in the world usually gather on the Cote d'Azur, a place for rich and famous. However, Quai des Milliardaires is unusually quiet this summer, say local residents. They said that overregulation, taxes and high fuel charges prompted the rich to choose Spain or Italy. Three local politicians wrote an open letter to French President...