The Strategist
World & Politics

Gold: a dainty bit for investors all around the world - 05/18/2016

Chinese ICBC Standard Bank obtained one of Europe's largest warehouses for precious metals from the British financial conglomerate Barclays. The safe is located in London. It is capable to keep 2 ths. tons of gold or another precious metal, which is equivalent to the sum of more than $ 80 billion. ICBC Standard will be the first Chinese bank with its own storage and related businesses in the UK....

Income of illegal migrants carriers reached $ 6.5 billion in 2015 - 05/18/2016

Europol and Interpol issued a joint report on a study of migration flows within the EU. The document is the organizations’ official call to fight against criminal organizations involved in smuggling of migrants and their coordination within the European Union. According to the document, 90% of migrants make their way to Europe with the assistance of organized criminal groups. "I am pleased to...

The US Navy to receive Zumwalt latest stealth destroyer worth $ 4,4 bln - 05/16/2016

This week, new-class torpedo-boat destroyer Zumwalt will be transferred to the US Navy. This is the latest generation of the multi-purpose vehicle, designing of which took 15 years. Total price numbers $ 4.4 billion. The destroyer boasts with stealth technology, high level of automation, Tomahawk cruise missiles, long-range artillery systems, able to hit a remote target at a distance of more than...

SWIFT reported new hacker attacks on banks - 05/13/2016

According to SWIFT banking system of information exchange, hackers made a second cyber attack on a bank, similar to that of the Central Bank of Bangladesh’s burglary in February this year. Name of the bank was not revealed. Agitated by the increased cases of cyber-attacks on banks, the European Central Bank want to create a system for data collection and early warning of such attacks. On...

Mainstay of the US economy faltered - 05/12/2016

According to Pew Research Center, share of the middle class has been reduced in the vast majority of US cities. Experts claim that the stratification is growing as proportion of highly prosperous and low-income citizens is growing in most cities and agglomerations. Yesterday, Pew Research Center has published a study on the income distribution among the US population in large cities and...

The French Government is on the verge of no confidence vote - 05/11/2016

On Thursday, the French Socialist government will have to face a vote of no confidence in parliament. The reason was the executive branch’s use of special constitutional provisions. The latter allowed the politicians to promote controversial amendments to the labor law by bypassing parliament. Under the new changes, employers in France will be able to increase number of working hours, adjust...

13 former secretaries of state and US defense ministers urged Britain not to weaken Europe - 05/10/2016

In an open letter published in The Times, 13 former secretaries of state and US defense ministers called on Britons to support preservation of the country's membership in the EU. According to them, ‘Brexit’ would reduce the "country's influence and weaken Europe." "Keep in mind that even very close relationship between our two countries will not be able to compensate loss of power and loss of...

King of Saudi Arabia sacked Oil minister - 05/09/2016

Salman bin Abdulaziz Al Saud issued a number of decrees on reorganization of several ministries and appointment of new ministers. In the course of permutations, he has dismissed oil minister Ali al-Naimi, talk of whose resignation went after failure of the Doha negotiations. King Salman bin Abdulaziz Al Saud issued a decree dismissing oil minister Ali al-Naimi. Rumors of his resignation started...

'Panamagate' raises hot-button tax evasion issue in the US - 05/06/2016

US authorities proposed to introduce a number of new laws, which should help in the fight against tax evasion and money laundering. Among other things, the new regulations demand financial institutions to reveal true owners of companies, including foreign ones. The discussion of the need to introduce new rules intensified in connection with the ‘Panamagate’ scandal flared up in April. On...

One chair to rule all London - 05/05/2016

The London mayoral elections are being held today in Great Britain. In addition to representatives of the Labour and Conservative parties, the chair of the British capital’s mayor is claimed by the leader of ‘One Love’ party, supporters of marijuana legalization, and even by a Polish prince. The mayor of the British capital mainly performs economic functions, yet victory of a candidate from one...
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