World & Politics
Catalan separatists agree to form a coalition in exchange for independence talks - 11/26/2019
The Republican Left of Catalonia party, which is for independence of the autonomous community, supported formation of a coalition government with a majority of votes in exchange for the resumption of negotiations on regional independence, El Pais reports. According to the publication, 94.6% of party members supported formation of the coalition. In return, they demand that the PSOE socialists who...
Boris Johnson promises to finally deal with Brexit - 11/25/2019
If UK Prime Minister Boris Johnson’s party wins the election, he promises to hold a debate before Christmas and the next vote by agreement with the EU. Other promises contained in the manifesto of the Conservative Party include an increase in tax on the purchase of real estate in Britain by foreigners and foreign companies. The paper also promises not to raise income tax, VAT and national...
Michael Bloomberg enters US presidential race - 11/25/2019
The former New York Mayor is betting on moderate political views and “unique experience in business, management and charity.” One of the richest people in the world wants to “defeat Donald Trump and restore America.” If he wins this race, he is ready to be paid just $ 1. “We cannot afford another four years of reckless and immoral actions by President Trump. It poses an existential threat to our...
India is trying to cash on US-China trade war - 11/21/2019
New Delhi plans to offer 324 companies, including Tesla and Glaxo, incentives and preferences to lure major manufacturers from China. Indian authorities are trying to capitalize on the trade standoff between China and the United States. According to Bloomberg, New Delhi plans to offer 324 companies, including Tesla and Glaxo, benefits and preferences in order to lure major manufacturers from...
Huawei's Meng Wanzhou appeals against extradition to USA - 11/21/2019
Lawyers of Huawei’s financial director Meng Wanzhou, accused of fraud in the US, have filed a lawsuit calling on the Canadian government to immediately stop trying to extradite their client to the US, CTV News reported on Thursday. A spokeswoman for Huawei Canada says the appeal was filed on November 13th. It alleges that attempts to extradite Meng Wanzhou "cannot meet the double criminal...
Fitch confirms China's rating at A+ - 11/20/2019
The international rating agency Fitch has kept China's long-term issuer default rating (IDR) in national and foreign currencies at "A +", the outlook is stable, the agency said in a release. The short-term IDRs of the PRC in both currencies remained at the “F1 +” level, the country ceiling rating was at the “A +” level. "China's ratings are supported by a strong level of external financing of...
Will bookmakers' predict 2019 United Kingdom general election? - 11/18/2019
If you listen to bookmakers, it becomes clear that the central issue of the upcoming elections in the UK is not the victory of Boris Johnson, his ability to pry himself away from the competitors. According to bookmaker Paddy Power, Johnson is the favorite among the vast majority of the country's population. Many want him to remain as Prime Minister after the December 12 vote. With the current...
French Yellow Vests movement changes clothes to black - 11/18/2019
The yellow vest movement attempted to draw attention by holding its 53rd Saturday demonstration. The initially peaceful march resulted in pogroms and arson. 147 people were detained, 129 of whom were arrested. A year after the movement's founding and the action in Paris on this occasion showed that the radicalism is growing in proportion to the decline in the number of participants. This...
Eurozone economy slows down, no recession expected - 11/15/2019
The German economy avoided recession in the third quarter, but its growth was extremely weak, amounting to only 0.1% of GDP quarter-on-quarter and 0.5% in annual terms. The sharp decline in industry was partially offset by an increase in consumption, as well as growth in construction. However, given that the trade disputes that hit the country's exports are still far from being resolved, experts...
Japanese GDP slows to minimum in Q3 - 11/14/2019
The trade war has had a negative impact on the Japanese economy. Against this background, Tokyo may increase budgetary investments in the economy. Japan's GDP in the III quarter grew at the slowest pace for the year, as the trade war between the US and China and weak global demand led to a reduction in exports. This may force politicians to increase fiscal and monetary stimulus in order to...
