The Strategist
World & Politics

E-commerce boosts the Asian air cargo market - 10/19/2018

Strong demand from online retailers provides an incentive for the air cargo market in Asia, while the trade war between the United States and China has so far had a minimal negative impact on the industry, Reuters reports. The volume of air cargo in the Asia-Pacific region in January-August increased by 4.8%, according to data from the Association of Asia Pacific Airlines (AAPA). The growth rate...

Will Brexit be postponed until 2022? UK and EU cannot reach an agreement - 10/18/2018

Today, leaders of the EU member states will hold a working session in Brussels on issues of migration, security and foreign policy. On the eve of the working dinner, the main topic of conversation was Brexit. Heads of state and government first discussed it in the presence of British Prime Minister Theresa May, and then - without her. The forthcoming summit is supposed to solve the remaining...

Is Draghi trying to scare Italian government? - 10/15/2018

Head of the European Central Bank, Mario Draghi, warned Rome before the official budget presentation: do not expect that the ECB will save the situation. At a press conference held on October 13 at the IMF and World Bank meeting in Bali, Draghi expressed confidence that a budget agreement would be reached, and urged all parties to “moderate the tone.” Draghi also noted that the resonance from the...

Saudi Arabia answers to Western threats - 10/15/2018

Riyadh promised to take serious measures against those who decide on sanctions against the kingdom. An official statement about this was made yesterday, the day after a statement of US President Donald Trump about "severe punishment" for Saudi Arabia, if it is proved that the authorities of this country are involved in disappearance of the famous Saudi journalist Jamal Khashoggi. As more new...

Chinese Belt and Road Initiative leads Pakistan into debt - 10/12/2018

The second major crack in the last three months appeared in the Chinese Belt and Road Initiative. The authorities of Pakistan, which had previously agreed to become the flagship of the project, announced their intention to contact the International Monetary Fund (IMF) for help. The country cannot cope with its foreign debt, the fifth of which consists of loans issued by the PRC. Beijing insists...

ESM Director: We cannot compare Italian and Greek crises - 10/11/2018

Managing Director of the European Stability Mechanism (ESM), Klaus Regling, stated that it is not fair to compare current concerns about the Italian budget deficit and the problems of Greece in the midst of the debt crisis. This is reported by CNBC. Over the past 8 years in the time of the crisis in the euro zone, Italy has never lost access to markets, Regling told CNBC during the annual meeting...

Is there a drug crisis in the US? - 10/11/2018

Indirect costs of the United States due to addiction of Americans to opioids amount to $ 500 billion annually. During the 73rd session of the UN General Assembly, US President Donald Trump drew attention of the world community to growth of drug addiction: drugs continue to take lives in the United States and around the world, and illicit drug trafficking is associated with crime, terrorism and...

US allows Iran to extract gas in the North Sea - 10/10/2018

The US Office of Foreign Assets Control (OFAC) has licensed British companies BP and Serica to develop the large Rhum gas field in the North Sea, in which 50% is owned by the National Oil Company of Iran (NIOC). Now the British can work with the NIOC to develop the field without fear of US sanctions. However, in accordance with the sanctions regime, the funds owed to the Iranian side will be...

Central Bank of China softens banks' reserve requirements - 10/09/2018

The Central Bank of China keeps moderating policy easing, once again reducing reserve requirements for banks. The regulator hopes that this move will expand business access to lending and will compensate for deterioration of business activity against the backdrop of US-imposed trade restrictions. Experts, however, indicate that the effect of lowering requirements will be limited: the Chinese...

OECD: Trade barriers impede digital trade - 10/09/2018

Digitalization has added to volume, scope and speed of international trade, significantly reduced cost of participation in it, simplified coordination of global value chains, promoted dissemination of ideas and technologies and establishment of connections between business and consumers around the world, according to the Organization of Economic Cooperation and Development (OECD) report. The...
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