The situation around the Brexit agreement is once again heating up on the eve of the British Prime Minister Theresa May’s talks with the authorities of the European Union (EU). The main issue for them will be the border of Great Britain with Ireland and the fate of the backstop mechanism. In the opinion of opponents of its use, the mechanism makes the Brexit procedure itself senseless. Fearing...

On January 22, German Chancellor Angela Merkel and French President Emmanuel Macron signed a new treaty in Aachen to strengthen cooperation based on the current 1963 Élysée Treaty. Under the new Treaty of Aachen, the countries agreed to deepen cooperation in five areas, including the spheres of European and domestic policy, anti-terrorism security and the fight against organized crime, as well as...

According to many American politicians, Saudi Arabia is taking great risks tacking between Washington and Moscow. Ties between the United States and Saudi Arabia Despite are long-standing and strong allied (suffice it to recall how Trump defended the Saudis after the murder of journalist Khashoggi). However, many American politicians are unhappy with the geopolitical games that Riyadh plays. On...

The Economist Intelligence Unit experts ranked cities in terms of convenience for living. The study examined 140 cities around the world, and assessed them basing on various criteria, including stability, health, culture, the environment, as well as level of development of education and infrastructure. Below are the 10 most livable cities in the world. 10. Adelaide, Australia Points: 96.6...

Saudi Arabia has no plans to increase oil production in the light of the introduction of US sanctions against the Venezuelan state-owned company PDVSA, The Wall Street Journal reported. According to sources in the kingdom, Riyadh is not currently going to increase production volumes, as it was in the case with Washington declaring restrictions on Iran’s oil industry. "Last time, when the US...

Last year was not easy for the main European economy. The economy of Germany resisted, but it was in a fever, and in the second half of the year it almost slipped into recession. In addition to well-known issues, there are problems that are less known and noticeable. One of them is the German rivers, which were shallowed in the summer of 2018, which, according to calculations by JPMorgan...

Europe’s mechanism of circumventing sanctions against Iran will commence working in the coming days. This was said on the air of France Inter Radio by French Finance Minister Bruno Le Maire. The mechanism is an independent financial institution, which will be created jointly by the UK, France and Germany. According to Le Maire, such a mechanism will make it possible to demonstrate that Europe...

Relations between Italy and France has sharpened. It was initiated by Deputy Prime Minister of Italy, Head of the Interior Ministry, the leader of the right-wing party Lega Nord Matteo Salvini, who is considered the most popular politician in the Apennines nowaday. He gained popularity thanks to his irreconcilable fight against migrants, whom he refuses to allow on the Italian coast, and with...

Volume of Japanese exports in December 2018 declined at a maximum rate in more than two years due to a sharp drop in demand from China. Against this background, last year Japan recorded a deficit in the balance of foreign trade for the first time in three years. The volume of exports from the country in December fell by 3.8%, according to data from the Ministry of Finance. The decline was the...