World & Politics
US refuse to impose sanctions against Belarus because of EU - 10/01/2020
The United States refrained from joint sanctions with the UK and Canada against Belarus due to disagreements on this issue in the European Union, sources told Reuters. The agency previously reported that the three countries should have introduced joint sanctions. According to Reuters interlocutors, Washington dropped the sanctions in the hope that Brussels would develop a common position on the...
World Bank to allocate $12B to help poor countries with COVID vaccine - 09/30/2020
The World Bank (WB) has announced a $ 12 billion funding plan that will allow poor countries to purchase the coronavirus vaccine when it becomes available, the Guardian newspaper writes. It is reported that the organization is asking key players from developed countries to support the initiative, under which funding will be allocated over the next 12-18 months. The initiative is needed,...
US healthcare network hit by massive cyberattack - 09/29/2020
The American company Universal Health Services, which operates about 400 medical facilities, fell victim to a massive cyberattack over the weekend, according to NBC News, citing sources. It can be one of the largest cyberattacks against the US medical system. According to the channel, computers began to fail over the weekend at various Universal Health Services facilities. Doctors had to write...
Ecuador allows private companies to import petroleum products - 09/28/2020
The President of Ecuador has authorized the import of petroleum products into the country by private companies for the needs of industry. The former state monopoly Petroecuador will continue to serve the automotive sector and supply gas for domestic use. “On September 24, the President of the Republic, Lenin Moreno, signed Decree No. 1158, which establishes a mechanism to allow the import of...
Canada unveils plans to rescue economy in COVID-19 pandemic - 09/25/2020
Canada, worried about new outbreaks of the coronavirus infection, declared the second wave. Prime Minister Justin Trudeau delivered a keynote speech outlining the government's key priorities in the fight against the epidemic. He promised not to ration on the fight against COVID-19, create more than 1 million jobs, and also support citizens and businesses, despite the huge public debt. The number...
Trump introduces new sanctions against Cuba - 09/24/2020
US President Donald Trump announced new sanctions against Cuba, Reuters reported. Additional restrictions will be imposed on the import of Cuban cigars and alcoholic beverages into the United States. In addition, American tourists will be prohibited from staying in hotels and other facilities owned by the Cuban government while traveling. Donald Trump announced this at a ceremony honoring...
Brussels prepares new "powerful solidarity mechanism" for dealing with migrants - 09/23/2020
On Wednesday, the European Commission is expected to present a package of proposals for the reform of EU migration policy. The goal is to achieve a more equitable distribution of the burden caused by the influx of migrants among all members of the European Union. According to the President of the European Commission Ursula von der Leyen, the new system will include "a powerful new mechanism of...
UK ponders canceling tax free system - 09/22/2020
The plan of the UK authorities to cancel the tax free system on December 31 drew sharp criticism from the tourist industry, BBC News reported on Monday. "The government's plan to end the tax free system for foreign visitors from 31 December could cost the UK billions of pounds in lost profits. 70,000 jobs will be at risk," the portal writes, citing a letter from the heads of Marks & Spencer,...
World Bank updates Human Capital Index, results better than expected - 09/18/2020
The World Bank has once again assessed the human capital index. The global average is 56%, the index for low-income countries is 37%, for high-income countries - 70%. The index measures the human capital that a child born today can possess by adulthood, based on an analysis of five indicators. These include the probability of surviving up to five years, the expected duration of schooling for...
US congressmen name reasons for Boeing 737 MAX crashes - 09/17/2020
The fatal plane crash involving the Boeing 737 MAX occurred because of "colossal financial pressure" on the company, "erroneous assumptions" of engineers and the influence of Boeing on American officials. This conclusion was reached by American congressmen after a year and a half of investigation. The Boeing 737 MAX plane crashes were "the horrific culmination of a series of erroneous assumptions...