World & Politics
Iran Set a Record On Executions - 03/11/2016
On Thursday, Ahmed Shaheed, the UN Special Rapporteur on human rights in Iran, published a report. According to the document, Iran authorities executed a record since 1989 year number of people (at least 966). Also, according to Mr. Shaheed, Iran "intensified attack on freedom of speech and belief" in 2015. According to a report by the UN Special Rapporteur on human rights in Iran, Ahmed Shaheed,...
Top 10 Most Expensive Cities in the World - 03/10/2016
Worldwide Cost of Living is a study of Economist Intelligence Unit, carried out every two years. The study compares more than 400 retail prices of 160 products and services. Among them are food, beverages, clothing, household goods and personal care, rent, travel expenses, the cost of housing and communal services, private schools, the cost of home help and holiday expenses. This study is a...
Low Oil Prices Made Saudi Arabia Look for Loans - 03/10/2016
The Saudi government is forced to seek help from foreign lenders to replenish the state’s budget. According to unofficial information, the country’s leaders are negotiating a loan for $ 6-$ 8 billion. According to Reuters and The Wall Street Journal, referring to unnamed sources, the Saudi authorities are considering a bank loan of $ 6-8 billion. It is reported that the Ministry of Finance has...
EU: French and Italian Economies Are Disbalanced - 03/09/2016
EU authorities stated that the economies of France, Italy and Portugal are not balanced and require tighter controls. The European Commission came to such conclusion with results of a study of European economies. The study is part of a new system set up by the currency unit to prevent another debt crisis in the Eurozone. The system implies regular checks of economic indicators in the region. The...
The US to Place Heavy Bombers in Australia - 03/09/2016
The US is in talks with the Government of Australia to place American strategic bombers B-1 in the country. The only potential point for application of these machines is the South China Sea, where Beijing has sharply accelerated creation of a military and civilian infrastructure during last few years. Asked to comment, Australian Prime Minister Malcolm Turnbull said: "Everything that we do in...
Greeks Are Asking Financial Assistance Again, This Time - For Refugees - 03/08/2016
Greece is on the verge of another crisis, this time because of the situation with refugees. Macedonia’s actions have led to the accumulation of thousands of migrants at the north Greek border. The Greeks are asking for almost € 500 million to cope with the problem, but they will not help if other EU countries do not host the settlers. Against this background, Germany may reduce the requirements...
Head of the British Chambers of Commerce Is Asked Out Because of "Brexit" Support - 03/07/2016
Director General of the British Chambers of Commerce John Longworth resigned. His decision was caused by negative public reaction to support to ‘Brexit’, which he admitted to reporters on March 3. "With the reforms we have achieved to date, the United Kingdom will be richer if we decide to leave the EU" - he said to the press then. After these words, the organization's board of directors at its...
North Korea Responded on New Sanctions With An Explosive Reaction - 03/03/2016
On Thursday morning, North Korea launched several short-range missiles toward the Sea of Japan, according to South Korean agency Yonhap. According to Seoul’s military, the launches were made about 10 am local time from the area near the city of Wonsan on the east coast of North Korea. In the meantime, the UN Security Council yesterday approved a new, unprecedentedly tough resolution against...
Nigerian Farmers Once Again Sued Shell For Oil Spill - 03/02/2016
Nigerian tribes bille and ogoni filed in the London Court two new claim to Royal Dutch Shell oil company. This was reported by a law firm Leigh Day&Co, which represents the plaintiffs. The farmers demanded that Shell compensate for land pollution caused by oil spills in the Niger Delta. The Nigerians claimed to be victims of oil spills, which contaminated agricultural land and places for fishing....
India's New Budget: Infrastructure Is a Priority - 03/01/2016
The main issue related to the budget adopted by the Government of India's Prime Minister Narendra Modi on Monday is his ability to satisfy both farmers and investors? There is discontent growing in rural India after several consecutive droughts for the first time in 30 years, forcing Modi to allocate more funds for social assistance programs. In addition, he needs to increase salary of civil...
