World & Politics
Japan to Continue Financing the US Troops Presence in the Country - 12/16/2015
The US and Japan have agreed that the Japanese government will proceed to pay for the American military presence until March 2021. The military support is estimated at 198.9 billion yen. Japan will continue to financially support US troops on its territory in the amount of nearly 190 billion yen (1.6 billion dollars) a year, reported Kyodo news agency on Wednesday. According to the agency,...
Zika Virus Threatens the 2016 Olympics in Brazil - 12/15/2015
A dangerous virus Zika has spread to nine countries in Latin America, according to the World Health Organization (WHO). The first cases of Zika infection were marked in Brazil in May. Recently the virus has been found in Panama (three cases), Paraguay (six cases), Mexico (three cases), Venezuela (seven cases), Guatemala, El Salvador, Suriname and Colombia. The WHO advises the authorities of...
The Delicate Equilibrium Between Data Privacy and Public Safety - 12/14/2015
Administration of Twitter warned some of its users that they might have been hacked to steal information from their accounts. At that, the attacks could have been ordered by foreign states. This is the first statement of this kind made by Twitter. Among the warning’s addressees are experts in cryptography, security researchers, political activists and journalists. In the message, Twitter...
Japan’s expeditionary force is growing… But is Japan prepared for what’s coming? - 12/14/2015
Tensions are rising in the South China Sea, as China is reclaiming islands “at a rapid pace,’ according to Japanese Prime Minister Shinzo Abe. China has already built artificial islands and facilities in the disputed areas, provoking other claimants, including the Philippines and other Southeast...
American Middle Class is Losing Ground - 12/10/2015
According to the Research Center Pew Research, share of middle class in the entire US population is now less than 50%. The reduction was triggered by increase in number of the poorest and the wealthiest segments of the nation. According to Pew Research center, the middle class, which was the economic mainstay and the majority of American society for nearly half a century, now found itself in the...
Monetization of Social Benefits: The Finnish Experiment - 12/09/2015
The Finnish government plans to pay monthly 550 euros ($ 810) to all adult citizens, regardless of whether they have other income. The amount will not be taxed. Instead, the Finns will have to give up all other social benefits, which account for an average of 600 euros, but no more than 1,500 euros (data from the Social Security Administration). The government is going to finalize the idea and...
Marine's Wave: Why Le Pen Will Have Troubles in Following Up the Success in 2017 - 12/08/2015
French nationalists, led by Marine Le Pen, won a decisive victory in the first round of regional elections. However, it is unlikely that she will consolidate the success two years later on presidential and parliamentary elections. According to public opinion polls, Marine Le Pen, who heads the nationalist party "Front National" (FN) was to achieve good results on the regional elections held on...
Greece to Loosen Capital Controls in the First Months of 2016 - 12/07/2015
Greece plans to ease the country's current capital controls in the early months of 2016, said Deputy Prime Minister Yannis Dragasakis, speaking in parliament. He said that the country's international lenders will have verification of the Greece crisis program completed at the beginning of 2016. According to Dragasakis, negotiations on the restructuring of Greek debt will begin after that....
The Brazilian Parliament Started Impeachment Proceedings Against Dilma Rousseff - 12/03/2015
The speaker of the lower house of the Brazilian Congress Eduardo Cunha announced commencement of impeachment of President Dilma Rousseff. This step was preceded by accusing the President of corruption and a two-month investigation into financial irregularities committed by the president in the re-election campaign. Last night the speaker of the lower house of the Brazilian parliament Eduardo...
Greeks Will Have to Declare About Hidden Money - 12/02/2015
Once the Greek authorities ignored their citizens’ opinion. Now, they are forced to seek money wherever possible, even asking for help ordinary people. Athens is now aimed not only on deposits but also for cash of the Greeks. Earlier, the Greek magazine Enikonomia reported that Greek taxpayers will have to report about all their available cash savings worth more than 15 thousand euro, including...