World & Politics
2020 US presidential election: More than 500 candidates - 01/23/2019
Former California Attorney General, Democratic Senator Kamala Harris, officially announced that she was going to run for the presidency of the United States in 2020. She became the first female candidate for presidency of African American descent. In addition to her, eight prominent Democratic politicians have already announced their intentions to take part in the presidential race. The total...
New civil unrest in Venezuela: Beginning of the end? - 01/22/2019
On Monday, social networks and independent media of Venezuela spread information that a unit of the National Guard soldiers stationed in Caracas refused to obey orders of President Nicolas Maduro and called on citizens to disobey. Soon, the authorities announced arrest of "a small group of raiders and traitors of the motherland" who were going to "create violence and alarm the population." These...
Japan resumes exporting Iranian oil - 01/21/2019
Japan, following China, South Korea, India and Turkey, resumed imports of Iranian oil. This was announced on Monday by the head of the Central Bank (CB) of Iran, Abdolnaser Hemmati. “Following China, South Korea, India and Turkey, Japan also began to import Iranian oil,” IRNA quoted him as saying. “Gradually, new revenues from the sale of hydrocarbons will flow into the country's economy.” He...
Europe’s largest economy is slowing down - 01/17/2019
The political environment is putting pressure on German exports, the main engine of the German economy, and threaten it with a technical recession. After a decade of economic boom, thunderclouds appeared in the political sky. They are beginning to increasingly affect the state of the global economy. So, the forecast for its growth for this year, according to Consensus Economics, is below 3% for...
Alliance of large global companies takes on fight against plastic pollution - 01/17/2019
On Wednesday, large international companies announced creation of a new organization whose task will be to develop and implement solutions to combat environmental pollution, in particular water resources, plastic waste. The Alliance to End Plastic Waste (AEPW) includes about thirty companies. David Taylor, who is Chairman of the board of directors, President and Chief Executive Officer of Procter...
Greek politicians are going to test new stability - 01/14/2019
Experts believe that early elections can be good news for investors. Greece’s political class is going to test investor confidence in the fact that the years of turbulence have gone. The political future of Prime Minister Alexis Tsipras is under threat due to the fact that the collapse of the coalition forced him to raise the issue of confidence in the government before parliament. This...
Angela Merkel returns to international area - 01/14/2019
At the end of her political career, Angela Merkel decided to protect the global order and give the final battle to the nationalists and populists. After a long break related to solving internal problems, German Chancellor Angela Merkel is going back to the international arena. She commenced the New Year with a two-day visit to Greece, the first in five years. In Athens, she was received with...
Analyst: Losses of the US economy due to shutdown amount to $ 1.2 billion a week - 01/11/2019
Losses of the American economy as a result of suspension of a part of the US federal agencies may amount to about $ 1.2 billion a week if the “shutdown” drags on, says Kevin Hassett, adviser to the US President for economic issues. Despite the fact that such losses will weaken growth of the country's economy by only 0.05 percentage points, they can make it difficult for the US government to...
Change in World Bank’s management can reverse global financial support system - 01/10/2019
World Bank (WB) President Jim Yong Kim will leave his post earlier than scheduled. He was expected to remain in power until 2022, but now his leave may aggravate a discussion about work of the largest distributor of financial assistance in the world. Members of the World Bank have supported a large-scale increase in the capital of organizations within the group for this year, but the USA has...
Euroskeptics unite on the threshold of elections - 01/10/2019
Italy’s Deputy Prime Minister Matteo Salvini visited Warsaw. From there, he reminded that Europe must fight the influx of illegal migrants and quickly expel those who have already entered illegally into its territory. This statement was enthusiastically supported by the Polish leadership. Mr. Salvini’s talks with Polish Prime Minister Jaroslaw Kaczynski actually commenced an election campaign of...