The Commission for Economic Justice at the British Institute for Public Policy Research (IPPR) presented results of a two-year study of the state of the UK economy. They came out disappointing: the country's economy is not operating properly, it is not fair, is not contributing to the prosperity of citizens and, as a consequence, immediately needs fundamental structural reforms. For nearly two...

European regulators reported serious problems in coordinating actions of authorities of different EU countries in the fight against money laundering. The flaws have become clear after several scandals with money laundering in the banks of Denmark, Malta and the Baltic countries. Now the EU is considering a possibility of creating a separate pan-European agency that will specifically monitor...

After the Minister of the Environment, Nicolas Hulot, resigned on August 28 on the air of France Inter radio, journalists and politicians argued about who would take his place. The former "green" European MP Daniel Cohn-Bendit was expected to fill...

32 branches of the Bank of Japan, the central bank of the country, have launched a survey of companies in various districts to assess impact of the trade war on exports and the supply chain. This is reported by the Nikkei Asian Review. While the trade conflict between the US and China is darkening the outlook for the world economy and new sources of fear, such as the currency crisis in Turkey,...

Price increases in the European Union countries reached a five-year high: inflation amounted to 2.1 percent in July this year, reports Eurostat. These are already adjusted data, confirming the first predictions of economists. Thus, the EU statistical office marked a record of the last five and a half years (the last time inflation was higher was in December 2012). The achieved level slightly...

The ceasefire between the US and the DPRK turned out to be short-lived. The situation is gradually returning to the former regime of confrontation, it seems from the last steps of Washington and Pyongyang. Yesterday, the South Korean government confirmed that it is considering a possibility of resuming joint military exercises with the United States off the coast of the DPRK, as the Pentagon...

There is a first loss in the government of President Emmanuel Macron, The Minister of Ecology, Nicolas Hulot, is resigning. He made his statement live on radio during an interview with the France Inter. The departure of Mr. Hulot becomes a new sign of the government's shift to the right. When officials say they quit Twitter, it does not surprise anyone, but what the Minister of Ecology and the...

Matteo Salvini, leader of the far-right Italian party Northern League, which is part of the ruling coalition together with the populist Five Star Movement, and concurrently the head of the Italian Ministry of Internal Affairs, once again went to the warpath. He is fighting with the ships of human rights organizations that swim the Mediterranean, rescue migrants trying to get from Libya to Europe...

Mexico may stop oil auctions for at least two years. The President of Mexico also intends to review the already concluded contracts. According to the Wall Street Journal, the elected president of Mexico Andres Manuel Lopez Obrador will suspend oil auctions for at least two years. Some experts believe that his administration will not conduct any new oil auctions at all during the entire six-year...