The Strategist
World & Politics

Seven Chinese projects to remold the world - 09/27/2016

China is probably the most dynamic country in the world. Nevertheless, very few people realize how fast its infrastructure is growing. Over the next 10 years, the country plans to relocate 250 million people (equal to total number of Indonesian population) in fast-growing mega-cities. In order to implement the process, China has invested billions of dollars in large-scale infrastructure projects....

Trump lost the first presidential debate - 09/27/2016

The first debate of the US presidential candidates brought victory to Democrat Hillary Clinton. According to a national survey, former Secretary of State was supported by more than half of respondents, that is, 11% more than gained Republican Donald Trump. A survey among African-Americans and Hispanics showed the most significant break. Most of women also felt that Clinton was more convincing....

Iranian Banks introduced credit cards for local citizens - 09/26/2016

First two Iranian banks (Bank Melli Iran and Ayandeh Bank) started to issue credit cards in accordance with the rules of Islamic banking, portal Presstv.ir reports. Islam forbids to lend money on interest, therefore loan granting in the Western sense of this definition is not possible in Iran. Up to the present moment, Iranian banks has produced only debit cards. Owners of the new cards may use...

Public Eye: Swiss companies sell dirty fuels in Africa - 09/22/2016

Swiss commodity trading companies Vitol and Trafigura are suppling dirty diesel fuel and gasoline with high content of toxic substances in the African countries. They are realizing the fuels through a chain of controlled gas stations. This states a report "Swiss Commodity Traders Flood Africa with Toxic Fuel" published by Swiss non-profit association Public Eye. The main actors here Swiss Vitol...

British citizens suffer from financial frauds every 15 seconds - 09/21/2016

Financial Fraud Action UK (FFA) coordinates efforts of British banks and bank card issuers and fights against fiscal fraud. Recently, the organization reported that number of such crimes in the UK increased by 53% in this year. More than 1 million cases of various financial fraud were detected in the first six months of 2016, which means that fraudsters attacked every 15 seconds. Number of frauds...

European refugees will get help with their startups and education - 09/20/2016

American billionaire George Soros is going to invest $ 500 million in start-ups and social projects founded by refugees and migrants. He wrote in a column in The Wall Street Journal: "I'm going to invest in start-ups, established companies, socially significant initiatives and business projects created by migrants and refugees. My main task is to help migrants and refugees arriving in Europe, but...

Self-driving cars may deprive about 4.1 million drivers of their jobs - 09/16/2016

When the era of cars without drivers firmly gains a foothold, the world will see terrible consequences. It is not about increased number of accidents, which many fear, but the employment problem, which is sure to come, writes analyst Wolf Richter on Wolf Street blog site. According to the analyst, scale of this problem is enormous. He uses official data to predict that there are about 4.1 million...

Cyprus to reduce amount of investment required to obtain citizenship - 09/15/2016

Government of Cyprus announced its intention to lower financial requirements to investors as part of its program Citizenship-by-Investment. Now, an individual investor may invest € 2 million, compared to previous € 5 million, to become the citizen. Government of Cyprus intends to make local passports more accessible and more attractive for foreign investors. It announced significant changes to...

China hopes that the United States will completely lift the economic blockade of Cuba - 09/14/2016

China hopes that the United States will completely cancel economic blockade of Cuba, said on Wednesday Wang Chao, Vice Minister of Foreign Affairs of China. "We hope that the United States will completely eliminate the (economic) blockade of Cuba as soon as possible in response to expectations of the international community," - Wang Chao said at a special briefing dedicated to upcoming visit of...

German business society: Refugees are not ready for the labor market - 09/14/2016

The largest companies in Germany will have to explain to Angela Merkel why they have recruited just 100 thousand refugees, while about 1 million of them arrived into the country in the past year, reports Reuters. It is known that the German chancellor is now struggling to continue her open door policy for refugees from the Middle East and Africa. To solve the problem of refugees and their...
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