The German economy in the second quarter of 2015 regained the pace of growth thanks to booming exports. Gross national product rose from April to June by 0.4 per cent compared with the previous quarter, reported on Friday, August 14, the Federal Statistical Office. The surveyed economists expected on average an increase of 0.5 per cent, despite the fact that the beginning of the year did not...

Indonesian police arrested three people connected with the terrorist group "Islamic State", that planned to organize a series of bombings during the celebrations scheduled for Monday 70th anniversary of independence of the country, the newspaper New Straits Times writes, citing the police. Detainees would make attacks on several churches and a police station in the city of Surakarta in Java,...

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...

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...

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...

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...

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...

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...

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...