Italian politicians, instructed by President Sergio Mattarella, have been trying to agree and create an effective coalition government for more than a month. So far, however, all efforts to find a compromise and create a ruling coalition, have failed. This week, the leader of the Five Star Movement Luigi Di Maio, who, just like the League leader Matteo Salvini, wants to lead the government,...

Rapid melting of the Arctic ice made Washington and other countries urgently adopt strategies in relation to the northern part of the planet. The US strategy is expected to be promulgated this summer. Initially, the document was expected to be in force for 16 years. However, the melting is so fast that the strategy will have to be revised in four years. The concern of the Arctic states and the...

The government's privatization program calls for raising 35-40 billion riyals ($ 9.3-10.7 billion) by 2020 through the sale of sports clubs, flour mills and a water desalination plant, Director General of the National Center for Privatization (NCP) said. According to him, the water desalination plant’s sale, which is part of the Saline Water Conversion Corporation, should bring the bulk of the...

Donald Trump, in his speech to the National Rifle Association of the United States (NRA), said that if France and the UK legalized firearms, the number of victims of terrorist attacks in Paris, as well as cold-weapon attacks in Britain, would decrease. Trump's statements provoked outrage in both countries, and some French politicians have already called on him to apologize for these words. The...

Growth rates of the euro area economies in 2017 were the highest in ten years, reaching 2.4%, the European Commission (EC) said yesterday. According to the spring forecast of the EC, this year the growth will slow down to 2.3%, in 2019 - to 2%. European Commissioner for Economic and Financial Affairs Pierre Moscovici believes that the main drivers of growth were investment and improvement of the...

The White House postponed introduction of customs duties on steel and aluminum products before the beginning of June. This decision affects the European Union, Canada and Mexico. The US postponed introduction of customs duties on steel and aluminum products until June 1. The transfer of the term affects the European Union, Canada and Mexico, the White House reported on the night of Tuesday, May...

Greece can withdraw from the third program of financial assistance without a reserve credit line and without new measures of austerity, said Prime Minister Alexis Tsipras. Speaking at a joint news conference with the head of the European Commission Jean-Claude Juncker in Athens, Tsipras said that Greece does not intend to abandon the reforms and is on the way to achieving its financial goals for...

President of France Emmanuel Macron paid his first state visit to the United States. Meetings and negotiations in Washington will largely determine future relation between the US and its European allies as President Macron arrived in Washington to speak on behalf of not only France but also Europe. Among the most acute problems is development of a common position on the Iranian nuclear deal,...

Spanish GDP per capita in 2017, at purchasing power parity, surpassed that in Italy for the first time since 1998, states a report by the International Monetary Fund (IMF). According to IMF forecasts, in five years the Spanish indicator will be 7% higher than Italian, although ten years ago Italy was ahead by 10%. Moreover, the fund experts predict that such countries as Slovakia and the Czech...