World & Politics
Six countries with the most expensive gasoline - 06/11/2018
The prices for gasoline are growing all over the world. According to Bloomberg analysts, the average increase in gasoline prices is 6.1% over the past three months. Analysts of the agency studied gasoline prices in 61 countries of the world and compiled a ranking of countries with the highest prices for gasoline. 1. Hong Kong Gasoline price per liter: $ 2.08 Experts note that Hong Kong...
Summit G7 and the crisis in the US-EU relations - 06/08/2018
The summit of the heads of state and government of the G7 countries will take place on June 8-9, in Quebec, Canada. The summit will be dedicated with problems of free trade and cooperation of G7 countries in the international arena, as well as measures to protect the climate. There are serious disagreements on all these issues between the United States and the other six countries. Given this, and...
Greece is finishing the bailout program - 06/07/2018
The last program of aid to Greece is ending at the end of August. Greece is now preparing to return to the world financial markets after an eight-year absence. So far, everything is going rather well. There were potential problems associated with the political crisis in neighboring Italy, which could intervene in the situation due to a sharp drop in investor confidence in the entire south of...
Europe to restrain China in the South China Sea - 06/06/2018
Europe is entering a struggle for domination in the South China Sea. France and the United Kingdom have declared their commitment to preventing domination of any one country, namely China, in an important maritime region through which goods worth more than $ 5 trillion are transported, the Asia Times writes. Both European powers are expected to carry out regular patrols in the area in order to...
Mexico to impose a 20% duty on pork from the US - 06/05/2018
Mexico will impose a duty of 20% on imports of pork from the United States in response to US duties on steel and aluminum. This is reported by Reuters, citing two sources familiar with the plans of the Latin American country. Last week, Mexico announced that it would introduce reciprocal duties on pork legs and shoulder blades from US suppliers. "It's about 20% of the leg and shoulder blades,...
The US imposed steel and aluminum duties on the European Union - 06/01/2018
The US decision to introduce duties on steel and aluminum for producers from the European Union, Canada and Mexico came into effect at midnight on June 1, Washington time. On the eve, on Thursday, May 31, US Secretary of Commerce Wilbur Ross confirmed the fact that the decision was taken definitively. According to him, negotiations with the European Union did not lead to an agreement that would...
Japanese government to attract 500,000 foreign workers - 05/31/2018
The Government of Japan intends to simplify entry to the country for foreign workers with low and medium qualifications. Until 2025, the authorities hope to attract up to 500,000 workers who are sorely needed in agriculture, construction, shipbuilding and the service sector. The government of Japan can officially announce initiatives to attract foreign workers in mid-June. Several media reported...
Mariano Rajoy may lose the Prime Minister seat due to corruption scandal - 05/31/2018
The Prime Minister of Spain, Mariano Rajoy, is under threat of resignation. The reason is a corruption scandal involving high-ranking members of the People's Party headed by him (NP). Today, the parliament will discuss the expediency of passing a vote of no confidence in the government, and on Friday will vote on this issue. Pedro Sanchez, the leader of Spain's main opposition force, has already...
Venezuelan authorities are getting ready to denominate the bolivar - 05/30/2018
Venezuela warned enterprises that they should not slow down operations during denomination planned by the authorities. However, critics believe that monetary reform could lead to chaos due to the speed of its conduct. Venezuelan President Nicolás Maduro said in March that the country’s currency, the bolivar, will be denominated on June 4, and the central bank has already published photographs of...
What to expect from Italy? - 05/29/2018
Brussels is not in a hurry to comment on the events taking place in Italy, but it is obvious to everyone that this is the worst scenario for the European Union. There’s not much that the Five Star Movement and the Northern League, which created the ruling coalition, have in common, yet, extremely negative attitude towards the EU is one of those things. Both parties hastened to reassure the...