The Strategist
World & Politics

Expert: The world must invest billions to prevent future pandemics - 03/04/2022

The world must invest billions of dollars to prevent the next pandemic by creating vaccines for each individual virus family. The Financial Times reports this, citing a leading expert. "With a similar set of vaccines, it would take only 100 days to create effective vaccines against the new viruses. Five years would be enough time for the world to implement such a project," says Richard Hatchett,...

Japan starts unlocking its oil reserves - 03/04/2022

As part of the International Energy Agency's (IEA) member countries' agreements, Japan has started unlocking oil reserves and is preparing to sell 7.5 million barrels from strategic reserves. The newspaper Kyodo News reported about it with reference to the comment of the Minister of Industry Koichi Hagiuda. As the newspaper notes, such volume of oil is consumed in the country in four days. The...

Worldbank reacts to Ukraine's situation - 03/03/2022

The World Bank says it has halted all its programmes in Russia and Belarus. The World Bank said it had halted all its programmes in Russia and Belarus in light of developments in Ukraine, the financial institution said in a statement.  "The World Bank Group has not approved any new loans or investments in Russia since 2014. There have also been no new loans approved for Belarus since...

Experts: Japan's GDP could shrink by 0.3% - 02/28/2022

In the worst-case scenario, as a result of some Russian banks disconnecting from the SWIFT international interbank payment system, Japan's GDP may drop by 0.3 percent. In the worst-case scenario, as a result of some Russian banks disconnecting from the SWIFT international interbank payment system, Japan's GDP may drop by 0.3 percent.Ρ„One of Japan's major securities and financial businesses,...

China deals a blow to US economy - 02/28/2022

According to Reuters, the US trade imbalance for 2021 increased by 27% to $859.1 billion, a new high. The previous high was $676.7 billion, reached in 2020. The balance sheet deficit was $80.7 billion at the end of December, up 1.8 percent from November. Experts attribute the surge to increased consumer goods imports. At the same time, November's figures were downgraded from $80.2 billion to...

FT: UK and Germany argue about disconnecting Russia from SWIFT - 02/25/2022

UK Prime Minister insisted on disconnecting Russia from SWIFT, but the German Chancellor opposed it, the FT learned. British Prime Minister Boris Johnson and German Chancellor Olaf Scholz argued over the issue of disconnecting Russia from the international banking system SWIFT, the Financial Times learned. During the talks, Johnson firmly insisted on disconnecting Russia from SWIFT, but Scholz...

Ukrainian President declares defense emergency in Ukraine - 02/24/2022

Ukrainian President Vladimir Zelensky has declared defense emergency throughout the country. He stated this in an address to Ukrainians. He also decided to urgently convene the National Security and Defense Council. The president said that Russia had carried out a strike on Ukraine's military infrastructure. In an address to Ukrainians, he said that the entire security and defense sector of...

75% of people are for a total ban on single-use plastic - 02/23/2022

According to a survey by IPSOS, 75% of people around the world want single-use plastics to be banned completely. And 85% of respondents want manufacturers and retailers to be responsible for reducing, reusing and recycling plastic packaging. 75% of people around the world want single-use plastics banned as soon as possible, according to a survey by IPSOS research firm. The survey was conducted as...

German Chancellor suggests that most COVID restrictions be lifted by spring - 02/17/2022

Germany may lift most COVID-19 restrictions by early spring, according to a plan prepared by Chancellor Scholz's office. Germany could cancel most of the country's COVID-19 restrictions, Bloomberg reported, citing a plan prepared by Chancellor Olaf Scholz's office. The initiative is expected to be approved at a meeting between Scholz and regional leaders on Wednesday, the agency noted....

Thailand to rename its capital - 02/17/2022

The capital of Thailand, Bangkok, has been renamed Krung Thep Maha Nakhon. This is a short form of the city's full name in Thai, which is listed in the Guinness Book of Records as the longest name for a capital city. The Royal Thai Academic Council announced the change of the official foreign name of the capital from Bangkok to Krung Thep Maha Nakhon. A statement to this effect is published on...
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