World & Politics
USA: China is deliberately driving Africa into a debt hole - 03/09/2018
Secretary of State Rex Tillerson criticized the model of China's economic development in Africa, saying that it encourages dependence and deprives the government of the opportunities for long-term democratic growth. Tillerson noted that China is using methods of corruption and bonded lending to undermine the governments of African countries and drag them into a debt trap. All this is happening...
Opioid overdoses in the US reached epidemic proportions - 03/08/2018
The US Centers for Disease Control and Prevention (CDC) has published data on the dynamics of emergency service calls due to an overdose of opioid drugs. From July 2016 to September 2017, the number of such applications increased by 30%. Experts urge authorities and doctors to more actively conduct explanatory work among the population and timely signal to social services in identifying patients...
The UK has to find a new place in the European security system - 03/07/2018
On Thursday, the House of Lords of the British Parliament will hold hearings about the future participation of the United Kingdom in operations conducted under the Common Security and Defense Policy (CSDP) of the European Union. The British Prime Minister Theresa May expressed her desire to continue the defense partnership with the EU after Brexit. Although third countries are not formally...
Brussels is shocked at Italian election results - 03/06/2018
The results of the elections in Italy shocked Brussels. A new front of Eurosceptic offensive opened after Brexit - this time in the center of the euro area. The morning after the vote it was clear: the populist and Eurosceptic parties received many votes not only because of the migration problem, but largely due to the situation in the economy. People voted against the measures of Brussels, which...
Deloitte: Food corporations are refusing salt and sugar - 03/05/2018
International company Deloitte issued its annual report Health & Wellness Progress. The paper tells about measures taken by the largest companies in the consumer sector around the world to make a positive contribution to the protection of human health. Over the past year, the number of companies that are reducing the content of sugar, salt or trans-fats has increased significantly. At the...
Cashless payments carry Sweden too far - 03/02/2018
Sweden is the first country where cash is almost out of circulation. Has gone this process too far? The trend for the denial of cash in Sweden is increasing. Almost everyone there is now paying with a card or a mobile phone. However, the local authorities are starting to worry about this process, writes Bloomberg. In early summer, the central bank of the country should issue a report, where the...
Seven bizarre economic indicators - 03/02/2018
Can the number of pregnant women, the length of skirts, men's underwear and the height of skyscrapers predict a recession? Number of pregnancies The decrease in the number of pregnancies is a sure sign of the approaching recession in the economy, the National Bureau of Economic Research of the USA (NBER) has revealed. The number of conceptions began to decline at least six months before the...
Will Great Britain become a net oil exporter? - 02/28/2018
British oil companies intend to launch several new projects in the North Sea. This will give the UK a chance to regain the title of a net oil exporter in the near future. Given that the United States is constantly increasing production, the plans of the British are bad news for Russia and OPEC, which are trying to balance the market with agreements. According to a study by JBC Energy GmbH, the...
The Central Bank of Greece needs a financial safety net - 02/26/2018
Greece will need a financial "safety net" after the program of financial rescue of the country ends in August, the head of the Greek central bank said, Reuters reports. Greece received 260 billion euros in financial aid since 2010, and the third phase of the program will end in August 2018. Athens, seeking to show that they can already access the debt markets, already attracted 3 billion euros...
The European Union is getting ready for a trade war with the United States - 02/22/2018
The US Department of Commerce called for a sharp increase in duties on imports of steel and aluminum. The European Commission is preparing retaliatory measures: the union may ban American motorcycles and whiskey. The European Union is preparing for a trade war with the United States. If Washington's restrictions on the import of steel and aluminium affect European enterprises, then the EU can,...