The French government announced plans to increase defense spending by more than 40% by 2025. This is reported by the television channel France 24 with reference to AFP. The promulgated bill provides growth of military spending from 34.2 billion euros in 2018 to 50 billion euros in 2025. From 2019 to 2022, the Ministry of Defense plans to increase spending annually by 1.7 billion euros, and from...

Cobalt is silvery metal, used for the production of batteries for almost all modern electronics. Over the past two years, the price for cobalt has risen more than threefold. Investors buy cobalt in thousands of tons, and analysts predict that soon it will become a deficit. The problem is that 60 percent of this metal is mined in the Democratic Republic of the Congo, one of the poorest and most...

2018 has just come, but avid travelers already make lists of places that they would like to visit this year. TripAdvisor portal recently published its annual list of tourist destinations that are gaining popularity, which included a variety of places - from Croatia to Kenya. TripAdvisor experts compiled their rating based on the annual growth of positive feedback about attractions, restaurants...

China is developing plans to tighten restrictions on harmful emissions for three years until 2020, an official from the Ministry of the Environment said. This is happening after the five-year plan on pollution control helped the agency achieve the air quality targets last month. "Three-year plan to fight for the environment," developed by the Ministry of Environment, as the representative of the...

A study by the University of Oxford shows that up to 47% of jobs in Western countries can disappear within two decades. The reason lies in the automation of production, which deprives cashiers and cleaners, guards and train drivers of income. State payments may substitute compulsory employment. The UK, the Netherlands and France are considering plans for the introduction of unconditional basic...

The countries of Eastern Europe are leading in terms of economic development in the Old World. One of the reasons for the growth is investment in infrastructure. The governments of these countries are trying to increase their political weight. The countries of Central and Eastern Europe are not in Brussels’ good books in the question of protection and development of democracy. However, in...

The head of the European Central Bank (ECB), Mario Draghi, said at the meeting of the Board of Governors that the economy of the euro area is showing steady growth and he is not going to interfere with this, Bloomberg writes. After the IMF raised its growth forecasts, and the world elite in Davos highly appreciated the brighter economic outlook, Draghi said that raising interest rates this year...

Although the world economy is emerging from the crisis, the number of unemployed in the labor markets of developed and developing countries will remain almost at the same level in 2018-2019 (about 200 million people), believes the International Labor Organization. The number of people employed in non-standard labor relations will increase simultaneously with the number of unemployed, as will the...

The presidential campaign de facto began in Venezuela: the incumbent head of state, Nicolas Maduro, announced plans to run for a second term. Elections will be held until April 30, although they were originally planned to be held at the end of the year. More than a dozen Latin American leaders have criticized the plans of the Venezuelan authorities, but they do not intend to listen to the...