World & Politics
Spain on the Road to Recovery, but Risks Remain - 08/13/2015
It was easy to overlook the economic recovery in other regions of Southern Europe against the backdrop of months of drama surrounding the possible Grexit (the same could happen with Greece if there was no politics, some experts assume). The rise in Spain is particularly important, since it is the fourth largest economy of the Eurozone, and one of those, which problems could have caused the...
Trump: The Devaluation of The Yuan Would Undermine the US Economy - 08/12/2015
The US presidential candidate from the Republican Party said that the devaluation of the Chinese yuan would be "devastating" for the US economy. - They just destroy us, - said the billionaire businessman, a longtime critic of China's currency policy in an interview with CNN. - They continue to devalue its currency and will do so in the future. They will achieve a strong fall of...
Army Games Will Increase Sales of Russian Weapons - 08/12/2015
The press is noting that the holding of such a military competition can help strengthen the military-political relations between Russia and the member states and to increase sales of Russian arms. A retired Brigadier General Ben Barry, an expert in land military operations of the International Institute for Strategic Studies (IISS) said in his interview to Bloomberg, that the international...
Relying on Buddha - 08/11/2015
In China, a scandal around Shaolin Temple abbot Shi Yongxin is gaining momentum. The monk turned the world famous Buddhist monastery into a prosperous enterprise, have already been the target of criticism because of the turbulent commercial activity. But now, it seems, things took a serious turn for Shi: an indirect confirmation of this was the fact that he has not led a delegation heading to...
Clean Energy for Dirty Money: Former Minister for the Environment of Italy Is Suspected of Corruption - 08/10/2015
On Sunday, Italian police and prosecutors have reported the beginning of a formal investigation against the former Minister for the Environment Corrado Clini. Investigators believe that he profited from the allocation of public funds earmarked for the development of green energy in China. As reported on Sunday, representatives of the Italian police and prosecutors, followed by Italian and...
The government of China is buying up billions of shares - 08/06/2015
Chinese state funds bought up shares in the amount of about $ 144 billion from the local stock market. This is about half of the funds allocated by the authorities to support the market, that has experienced several landslides over the past two months. Today it became known that in the past two months, the Chinese government has spent $ 144 billion on the purchase of shares from the stock market...
Turkey and China: Two Rising Powers - 08/05/2015
The program of the visit of a large group, led by President Erdogan, covers China, Indonesia, Pakistan. Each of the stops during this tour is important, yet one in China is in the limelight of attention. Turkey and China are two dissimilar countries. We are talking about a wide range of differences in political, social and cultural points of view. In addition, the views of China and Turkey on...
Puerto Rico is Caught in Default - 08/04/2015
Government Development Bank of Puerto Rico was not able to pay part of the payments on the debt to the creditors. Thus, the country found itself in a state of default. Earlier, authorities reported there is no assets to meet the obligations. General government debt is in excess of $ 70 billion - Due to the lack of funds allocated for the current fiscal year, payments were not made in full...
US Presidential Race: Who is Hiding Behing Their Backs? - 08/04/2015
There’s more than a year before the presidential elections in the United States starts, but the campaign is, in fact, has already been launched. Politicians have announced their participation in the race, making pre-election statements, including foreign policy. Let us try to figure out who advises candidates for the presidency of the United States, and what kind of advice these people can give....
Online Treason in Germany - 07/31/2015
There is a storm of indignation on the media and the Internet. The public prosecutor of the Federal Republic of Germany has launched an investigation against Netzpolitik.org journalists on charges of divulging state secrets. And immediately suspended. On Friday, July 31, the Attorney General of the Federal Republic of Germany Harald Range said that an independent commission of experts should...