The Strategist
World & Politics

Is China ready to become a globalization leader? - 02/27/2017

There is a huge temptation to consider the global game of chess as a kind of tug of war in Trump’s era. If the real protagonists are Washington and Beijing, the G2 of the modern world, then voluntary isolation of the US means more freedom for China. In recent weeks, a similar view of the situation spread particularly widely. Klaus Schwab called Xi Jinping a helmsman of globalization at the Davos...

How real is Donald Trump's impeachment? - 02/21/2017

Opponents of Donald Trump are actively discussing possibility of his impeachment. At that, no president in the US history was swept from office as a result of this procedure. Several centuries ago, Benjamin Franklin suggested that impeachment would prevent assassination of presidents. He said that it would be fair to bring charges of misconduct, and provide proofs. The proposal was approved, and...

Mexico marshalling forces for U.S.-Mexico Trade War - 02/17/2017

Mexican Entrepreneurial Council promised the country’s President that private business will invest 3.5 trillion pesos, or about $ 172 billion, in the Mexican economy by the end of this year. As President of the Coordinating Business Council of Mexico Juan Pablo Castañón put it, "the private sector will invest no less than 3.5 trillion pesos despite the difficulties. To clarify, it will be 3.5...

Latin America rocked by corruption scandal - 02/16/2017

The largest corruption scandal in Latin America’s history is growing in strength, having already affected ten countries. The initiator was Brazilian construction company Odebrecht, which for a long time has been bribing high-ranking politicians of various countries in order to obtain lucrative contracts. A two-day extraordinary meeting of Attorney Generals of affected states is opening today in...

Finns give thumbs down to unconditional basic income - 02/15/2017

Finland’s experiment with unconditional basic income (UBI) is going to work out, believes the country's largest trade union. In January, two thousand unemployed Finns aged 25 to 58 years received benefits in the amount of $ 600 under a new social security system from Government of Finland. "We believe that social security policy is being implemented wrongly", - said Ilkka Kaukoranta, chief...

Income inequality is higher in the US than in China - 02/15/2017

At first glance it looks like China is a country where income inequality has reached far larger proportions than in the US. Hundreds of billionaires dominate the small middle class in China, while the rest of the population lives on less than $ 1 a day. However, recent data suggest that a similar problem of inequality in the US has expanded much wider than in China. US National Bureau of...

N. Korea is getting ready for another provocation - 02/14/2017

North Korea is preparing to launch an intercontinental ballistic missile (ICBM) or to hold a new nuclear test. This was announced today by a member of intelligence committee of South Korean Parliament Lee Cheol-woo. The statement came amid condemnation of Pyongyang's actions by members of the UN Security Council. They threatened the North Korean leadership with "further substantive measures" in...

Greece and the Eurogroup: Yet another stalemate - 02/13/2017

Discord between the IMF, the Greek government and other European institutions, politicians and civil servants broke just before a meeting of finance ministers of the EU countries on Feb. 20. Last week, price of Greek bonds fell sharply, yield of two-year securities rose to 10%. These levels have not been seen since last June. The Eurogroup wants to the crisis to be finished before February ends...

US Appeals Court upholds suspension of Trump's immigration ban - 02/10/2017

US federal appeals court ruled that Donald Trump’s executive order "Protecting the Nation from Foreign Terrorist Entry into the United States" will not be renewed. The US president, in turn, has already promised to appeal the decision, and to seek to ban Syrian, Iranian, Iraqi, Libyan, Somalian, Sudanese and Yemenite nationals entering the country. The federal appeals court of the US refused to...

Sweden to say "no" to a cashless society, in the end. - 02/09/2017

After what slowly became a real build-up to the decision, Sweden is opting for a last-minute turn-around. Cash-killing supporters around the world are much disappointed with the change of heart, as Sweden was expected to be the champion and testing ground for the socio-economic experiment.
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