Industrial emissions of carbon dioxide in the world have increased by 2% in a year. This is the maximum rate over the past 7 years, which can be explained by a record demand for electricity in the world, according to BP’s annual review of world energy. If the situation does not change, the pace of global warming will double. Primary energy consumption grew at a rate of 2.9% last year, almost...

Inability and unwillingness of the Italian authorities to curb the growing debt are forcing the EU to initiate a disciplinary procedure in the amount of €3.5 billion. A report of the European Commission notes that this step is necessary, since Italy has not been successful in reducing debt. Brussels hopes to weaken the position of euro-skeptic and Deputy Prime Minister Matteo Salvini. At the...

The USA stopped the actual most-favoured-nation status for India exactly on the day of the beginning of re-elected Prime Minister Narendra Modi’s new term. The story is extremely interesting for a variety of reasons. To start, it destroys the cherished diplomacy of Narendra Modi, expressed as: “We are a special country, we stay away from the superpowers conflict (for example, the United States...

About three million people live in territories controlled by the opposition in the Syrian province of Idlib. According to the UN, this figure includes about a million children and the same number of people who previously fled there from other regions of the country. For several weeks now, the Russian and Syrian air forces have been bombing this province in northwestern Syria every day. “We are...

Large countries are predisposed to a higher level of corruption, concluded researchers of the World Bank (WB), who analyzed data from surveys of entrepreneurs. The World Bank recommends large states to monitor activities of officials stricter, and to punish corrupt officials more severely. Having issued such an ambiguous recommendation, the WB experts admitted that they could not explain the...

Beijing is open to trade negotiations with the United States, but is ready to "fight to the end" if necessary, the white paper emphasizes. China laid responsibility for unleashing a trade war on the United States. China laid the entire responsibility for unleashing a trade war between the two countries on the United States, but at the same time expressed willingness to negotiate. “China does not...

British authorities paid £ 97 million to the world's leading consulting companies in order to access consequences of Brexit and prepare for it. As of the beginning of April 2019, the bulk of the funds was paid to 6 companies: Deloitte, PA Consulting, PricewaterhouseCoopers, Ernst & Young, Bain & Company and the Boston Consulting Group. At the same time, the UK Audit Office (National Audit...

According to a study conducted by the American consulting company Duff & Phelps, the majority of surveyed top managers in the financial sector considered New York to be the main global financial center, whereas a year earlier they preferred London. The respondents noted the alarm over the uncertainty surrounding Brexit and believe that in the near future Hong Kong may be competing with New...

Greek voters turned away from Alexis Tsipras’ left-wing Syriza party during the elections to the European Parliament and within the local elections held on the same day. The oppositional conservative party New Democracy, which outperformed Syriza by 9% in the elections to the EP, went ahead. Such a gap, of course, is very large, given that Syriza is the ruling party. The local elections are no...