Increasingly more countries are making their claims to the Arctic territories. Let’s take off the table countries directly related to the Arctic and border on the waters of the Arctic Ocean as they have their own fights. Apart from them, there are other interesting strategies - in particular, Chinese, Japanese and South Korean. China The People's Republic of China wants to take full advantage...

Virtually no one could foresee that this would happen. Late on Sunday, countries of the Persian Gulf, led by Saudi Arabia, including Egypt, shook the world, saying that they broke off relations and closed the border with one of the richest countries of the Gulf, Qatar. Qatar is already a former member of the Council for Cooperation of the Gulf States, so this event could well be called a...

Last week, the European Commission (EC) Deputy Chairman Valdis Dombrovskis and the European Commissioner for Economic and Financial Affairs Pierre Moscovici presented an analytical report in Brussels. The paper introduces a draft of a large-scale reform of the euro area until 2025. The brightest of the proposals is creation the euro area’s own budget, the Ministry of Finance and the European...

The United States' decision to withdraw from the Paris climate agreement caused a sharp negative reaction in the world. President Donald Trump's policy in other countries was called a "mistake about the future of the whole planet", a "real slap in the face" for those who developed a "good and efficient agreement", and even "a betrayal of Mother Earth." Mr. Trump himself, however, argues that the...

The Governor of Puerto Rico, Ricardo Rosselo, published a spending plan of $ 9.6 billion. According to the paper, a fifth of the island state’s budget will be allocated to pay civil servants, as pension funds may lose all funds in July, Bloomberg reports. This is the first budget of the US-dependent territory, since the federal supervisory board has received ample powers to review its expenses...

Indian Prime Minister Narendra Modi's fight with the hidden income of Indian citizens over the past year has contributed to the growth of the number of new taxpayers: they have increased by 9.1 million. This number is almost equivalent to the population of Austria. In November last year, the government of Moody invalidated 86% of the currency in an attempt to crack down on black cash and...

The number of people living in the British capital with a fortune of at least $ 30 million rose again and reached 4,549 people in the last year. According to a study conducted by Verdict.co.uk and WealthInsight, London's closest rival, Tokyo, boasts only 3,611 multimillionaires. Despite the fact that last year the British voted for the withdrawal of their country from the European Union and many...

Foreign Minister Zigmar Gabriel is skeptical about American-European relations. Nevertheless, the German Federal Government stressed the importance of transatlantic relations on Monday. Despite this, the EU has to restart to gain more independence. America had been a bright ideal for Merkel once. Now, however, she declared the end of a reliable relationship between the US and Europe. The words...

Once the power in the US changed, Hispanic inhabitants of the country sharply reduced consumer activity. Consequently, profit of companies targeting this group of people has fallen by 30-50%. The Spanish-speaking people began to spend less, including because of fears of being deported, says British newspaper The Financial Times. Recall, intensification of the fight against illegal immigrants was...