Obviously, China has fallen on hard times. The communist revolution in October 1949, which put the country's supreme leader, Mao Zedong, on the throne, is celebrating its 66th anniversary. However, there is one big problem threatening to spoil the party. August 24, the "Black Monday", stock exchanges of the country collapsed – it was the most significant falling of the financial markets since the...

This week, many participants of the General Assembly may have seemed that the UN is going through a kind of reboot, which coincided with the 70th anniversary of the organization. Seven decades after the Second World War gave impetus to the creation of the United Nations, the tone of the annual performances of the major world powers’ traditional leaders at the General Assembly of the organization,...

Jets of Russian Aerospace Forces started striking Syria on Wednesday. It was first reported by the US media, adding that the bombing is delivered at targets near the cities of Homs and Hama. Then the information about the beginning of Russia's military operation in Syria was confirmed by the official representative of the Defense Ministry, Major-General Igor Konashenkov, noting that the strikes...

Full participation of women in employment would increase the size of the world economy up to 20% by 2025, estimated McKinsey’s analysts. A more realistic scenario would be not elimination, but gradual reduction of existing gender disparities by investing in the education of women and the creation of jobs for them in highly productive sectors. All this would make 8%-increase of global GDP by 2025....

There is a long way to recovery from the recession for the Brazilian economy, and it is not even about the weakening of the currency or other economic problems. The continuing devaluation of the real, the outflow of capital, falling consumer and business confidence - all this can be forgotten. Much more serious problem will interfere with recovery even against the background of improvement in all...

Yet another sensation is blowing out within the US presidential campaign. Carly Fiorina, the former head of Hewlett-Packard, considered the outsider of the race, won the second place in the ranking of applicants for the Republican nomination. The rise of its popularity comes amid falling of the Republican list ranking leader, Donald Trump. America is buzzing, agitated about the elections that can...

The authorities of the Eastern Europe countries have expressed their protest against the EU's plans to migrants accommodation. The Hungarian, Czech Republic and Slovakia authorities have declared that they will not tolerate the "diktat" of Brussels on the issue of immigration quotas. Wednesday, September 23, the leaders of Eastern European states have sharply criticized the plan for immigration...

London regained the status of the world's largest financial center, which he lost to New York in early 2014, according to a review of financial consulting firm Z/Yen Group, which calculates the half-yearly Global Financial Centres Index (GFCI). In the spring of 2015, the difference between the cities has shrunk to 1 point in favor of the New York. Now, London is ahead of the US rival once again,...

India is adding the Israeli drones in its army, while Pakistan and China are building up their military power. The drones are meant to help India open a "new front" on the border with Pakistan in Kashmir. However, Pakistan has also begun to use drones in the line of confrontation, according to Reuters. India has accelerated the implementation of the plans on purchasing Israeli  drones that...