The Strategist
World & Politics

Five countries dependent on tourism - 08/08/2017

Globalization and new opportunities for travel resulted in the fact that number of tourists traveling to foreign countries is growing every year. Accordingly, incomes of the most popular touristic countries are also growing. Some are more popular than others, but not all countries are equally dependent on tourist flows. Countries with the largest GDP in the tourism industry include the...

Will France stop "wild" influx of migrants? - 08/07/2017

The Minister of the Interior Gérard Collomb told Journal de Dimanche about how the country's leadership intends to respond to external threats. Gérard Collomb’s interview turned out to be a response to a recent speech of French President Emmanuel Macron, who set his administration's goal: "No immigrants on the streets." This desire is not easy to implement, although Mr. Collomb announced 3.5...

The Czech Republic will be the first in the EU to raise rates - 08/01/2017

This week, the Central Bank of the Czech Republic may launch a program of tightening monetary policy after 3 years of stimulation. 12 out of 22 economists surveyed by Bloomberg expect this event to be announced at a meeting on August 3. Now the figure is at a record low level of 0.05%. Experts predict that the rate will increase immediately to 0.25%. At the same time, monetary regulators in the...

What you need to know about abolished roaming charges in EU - 07/28/2017

Citizens of the EU countries can now use mobile communications without roaming for more than a month. The payment was canceled on June 15, just at the beginning of the holiday season. Now, a traveler across Europe can buy just one SIM card that can be used all over the EU and even in a number of other countries. The price of calls, sms-messages and mobile Internet will equal to the same price in...

Swedish ministers face resignation due to a large-scale leakage of confidential data - 07/27/2017

The Swedish government found itself in the center of a scandal involving one of the largest data leaks in the country in the last decade. In 2015, the Swedish transport agency handed over databases with confidential information, including information on drivers' rights to the Swedes, military vehicles and even emergency plans, to foreign IT professionals. Scandal can deprive three ministers of...

Bank of Japan: Japanese companies are too cautious to increase prices - 07/26/2017

Bank of Japan’s Deputy Chairman Hiroshi Nakaso said that the services sector has simplified operations to avoid the transfer of labor costs to consumers. However, there are indications that companies will raise prices in the future, Reuters reports. Nakaso, in a speech to business leaders in Hiroshima, western Japan, also expressed confidence that inflation would reach the Bank of Japan target of...

Top-19 countries with the most productive economies - 07/26/2017

Productivity is one of the key factors of economic success. The more productive the population of the country, the more income it can bring to employers and, consequently, the state’s economy as a whole. A new study of Expert Market shows which countries are the most productive workers in the world. The company’s analysts analyzed the 35 largest economies. They compared GDP per capita and divided...

Turkey calls more than 500 German companies "terrorists supporters" - 07/24/2017

The Turkish government has included some German companies on a list of suspected terrorists. According to German business publication Handelsblatt, there are 681 companies from Germany. Handelsblatt’s journalists referred to sources in government circles in Germany. Previously, it was believed that only 68 persons and companies from Germany were on the list of suspects. Moreover, the Turkish...

The IMF agrees to allocate € 1.6 billion to Greece - 07/24/2017

The Board of Governors of the IMF agreed to allocate € 1.6 billion to Greece for the first time in three years. The funds will be unlocked only after parameters for reducing the country's debt load after the completion of the current assistance program are coordinated with Brussels. Participation of the IMF will allow the European creditors to continue negotiations with Athens since the earlier...

Arab world weakens the blockade of Qatar - 07/21/2017

Qatar's Permanent Representative to the United Nations, Alya Al Thani, said on Thursday in an interview with The New York Times and the Wall Street Journal that the "anti-Qatar coalition" led by Saudi Arabia withdrew 13 demands presented to the emirate a month ago. Instead, the countries put forward a new list of conditions for the resumption of relations with Qatar. Now, the list contains only...
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