US Secretary of State Rex Tillerson finished his first trip to Asia by visiting Japan, South Korea and China. The journey took place against the backdrop of impeachment to the President of South Korea, a new missile launched by the DPRK and growing tensions between Asian allies of the United States and China. The main result was that the White House confirmed its readiness to abandon the old...

The world economy may halve intensity of energy consumption by the middle of the century. Already in the next 20 years, lower consumption of natural resources, primarily energy, may save $ 900 billion to $ 1.6 trillion a year. This is possible due to development of technology and abandonment of energy-intensive "economic miracles" in developing countries. The digital revolution, unmanned...

Independent Scotland can abandon a monetary union with the rest of the United Kingdom, said former First Minister of Scotland Alex Salmond. Right-winged first Secretary of Scotland, Nicola Sturgeon, this week called on the British authorities to hold a second referendum on independence at the end of 2018 or early in 2019. However, Prime Minister Theresa May said that now is not the time for such...

Brunswick, an international consulting company, published results of an international study compiled on the basis of a survey of over 40,000 people from 26 countries. This study takes into account a gap between generations, geographical differences, and concludes how optimistic is population of a country about the future. As a result, the survey showed that population of developing countries (40%...

India is summarizing outcomes of local elections in five states. In fact, the elections became a referendum on confidence in ruling "Bharatiya Janata Party" led by Prime Minister Narendra Modi. The voting brought victory to the party of power, and sensationally strengthened its position, despite a number of unpopular measures, one of which was a painful monetary reform. After this victory,...

Iceland is going to lift restrictions on movement of capital that were introduced in the crisis year of 2008. Nine years ago, the country's authorities took this step to preserve the country's economy. Iceland cancels control over the movement of capital, which has operated since the financial crisis, CNBC reports. This measure was introduced in 2008, after the country's three largest banks -...

Bill of the Republican Party, proposed as an alternative to a medical insurance system adopted by Barack Obama, will reduce the US budget deficit by $ 337 billion, but leave 62 million people without medical insurance. Office of the Budget for the US Congress noted in a report, "expenditures will be cut by $ 1.2 trillion ... until 2026, and revenues will be reduced by $ 0.9 trillion." According...

A scandal in relations between the Netherlands and Turkey broke out on the eve of parliamentary elections on March 15. Not only may this event decide fate of political confrontation in one of countries-founders of the EU, but can also aggravate a situation in other European countries that have numerous Turkish diasporas. Having banned a rally in support of a referendum on the new Turkish...

Having disclosed her plans to redesign the French currency in case of victory in the forthcoming French presidential elections, leader of National Front movement Marine Le Pen said that she intends to introduce a new euro equivalent, allowing the fluctuation of the new currency. Previously, she stated that any new national currency would still be tied to a basket of currencies. She noted that the...