World & Politics
Countries with highest quality of life - 03/02/2017
InterNations, the world's largest network for people living and working abroad, asked 14.3 thousand expats to evaluate their present country of residence in terms of 43 different aspects on a scale from 1 to 7. The respondents represented 174 nationalities living in 191 countries around the world. The concept of "best quality of life" is defined by opportunities for leisure, personal...
The European Parliament lifts Marine Le Pen's parliamentary immunity - 03/02/2017
The European Parliament (EP) lifted parliamentary immunity from leader of "National Front" and far-right French politician Marine Le Pen at a mini-session in Brussels. "A clear majority voted for deprivation of immunity," - declared the Chairman. Marine Le Pen herself was not present in the parliamentary audience at the moment of decision-making. Previously, EP Committee on Legal Affairs...
225 companies lined up to build Trump's wall - 03/01/2017
Hundreds of companies lined up to offer their services for construction of the border wall between the United States and Mexico. There were 225 construction and engineering companies as of Tuesday’s evening that have expressed interest in participating in construction of the wall on the Mexican-American border. This follows from a website for contractors interested in doing business with the...
Is China ready to become a globalization leader? - 02/27/2017
There is a huge temptation to consider the global game of chess as a kind of tug of war in Trump’s era. If the real protagonists are Washington and Beijing, the G2 of the modern world, then voluntary isolation of the US means more freedom for China. In recent weeks, a similar view of the situation spread particularly widely. Klaus Schwab called Xi Jinping a helmsman of globalization at the Davos...
How real is Donald Trump's impeachment? - 02/21/2017
Opponents of Donald Trump are actively discussing possibility of his impeachment. At that, no president in the US history was swept from office as a result of this procedure. Several centuries ago, Benjamin Franklin suggested that impeachment would prevent assassination of presidents. He said that it would be fair to bring charges of misconduct, and provide proofs. The proposal was approved, and...
Mexico marshalling forces for U.S.-Mexico Trade War - 02/17/2017
Mexican Entrepreneurial Council promised the country’s President that private business will invest 3.5 trillion pesos, or about $ 172 billion, in the Mexican economy by the end of this year. As President of the Coordinating Business Council of Mexico Juan Pablo Castañón put it, "the private sector will invest no less than 3.5 trillion pesos despite the difficulties. To clarify, it will be 3.5...
Latin America rocked by corruption scandal - 02/16/2017
The largest corruption scandal in Latin America’s history is growing in strength, having already affected ten countries. The initiator was Brazilian construction company Odebrecht, which for a long time has been bribing high-ranking politicians of various countries in order to obtain lucrative contracts. A two-day extraordinary meeting of Attorney Generals of affected states is opening today in...
Finns give thumbs down to unconditional basic income - 02/15/2017
Finland’s experiment with unconditional basic income (UBI) is going to work out, believes the country's largest trade union. In January, two thousand unemployed Finns aged 25 to 58 years received benefits in the amount of $ 600 under a new social security system from Government of Finland. "We believe that social security policy is being implemented wrongly", - said Ilkka Kaukoranta, chief...
Income inequality is higher in the US than in China - 02/15/2017
At first glance it looks like China is a country where income inequality has reached far larger proportions than in the US. Hundreds of billionaires dominate the small middle class in China, while the rest of the population lives on less than $ 1 a day. However, recent data suggest that a similar problem of inequality in the US has expanded much wider than in China. US National Bureau of...
N. Korea is getting ready for another provocation - 02/14/2017
North Korea is preparing to launch an intercontinental ballistic missile (ICBM) or to hold a new nuclear test. This was announced today by a member of intelligence committee of South Korean Parliament Lee Cheol-woo. The statement came amid condemnation of Pyongyang's actions by members of the UN Security Council. They threatened the North Korean leadership with "further substantive measures" in...