World & Politics
States of Germany are ready to decide Merkel's fate - 03/24/2017
German Chancellor Angela Merkel is about to face another test on her way to the September parliamentary elections. On Sunday, the federal state of Saarland will hold election of the local parliament (the Landtag). For the first time since 1994 the election can result in defeat of the Christian Democratic Union (CDU) of Angela Merkel. The union’s main rivals, Social Democrats, are on the rise...
Westminster attack: What the world says - 03/23/2017
On March 22, a man in a car drove into a crowd on the Westminster Bridge in London, and then stabbed several policemen on the British Parliament’s territory of. The attacker was shot dead, three more people were killed, more than 40 people - injured. The British police regard the incident as a terrorist attack. The Times (London, UK) Although little is known about organizers of the Westminster...
Why did the US introduce the laptop ban? - 03/22/2017
On Tuesday, the US Department of Homeland Security announced banning electronic devices on board of certain flights coming from 10 airports in the Middle East and Africa. Many airlines were dumbfounded by such news. The order is entering into force in four days, but so far it is not clear how many air carriers will be able to work out logistics in order to execute this instruction. In addition,...
Tillerson finishes Asian trip, leaves many questions unanswered - 03/21/2017
US Secretary of State Rex Tillerson finished his first trip to Asia by visiting Japan, South Korea and China. The journey took place against the backdrop of impeachment to the President of South Korea, a new missile launched by the DPRK and growing tensions between Asian allies of the United States and China. The main result was that the White House confirmed its readiness to abandon the old...
McKinsey: Welcome to the new era of energy efficiency - 03/20/2017
The world economy may halve intensity of energy consumption by the middle of the century. Already in the next 20 years, lower consumption of natural resources, primarily energy, may save $ 900 billion to $ 1.6 trillion a year. This is possible due to development of technology and abandonment of energy-intensive "economic miracles" in developing countries. The digital revolution, unmanned...
Independent Scotland may toss British pound away - 03/17/2017
Independent Scotland can abandon a monetary union with the rest of the United Kingdom, said former First Minister of Scotland Alex Salmond. Right-winged first Secretary of Scotland, Nicola Sturgeon, this week called on the British authorities to hold a second referendum on independence at the end of 2018 or early in 2019. However, Prime Minister Theresa May said that now is not the time for such...
Seven most optimistic countries - 03/16/2017
Brunswick, an international consulting company, published results of an international study compiled on the basis of a survey of over 40,000 people from 26 countries. This study takes into account a gap between generations, geographical differences, and concludes how optimistic is population of a country about the future. As a result, the survey showed that population of developing countries (40%...
Elections in India prove Modi's political appeal - 03/15/2017
India is summarizing outcomes of local elections in five states. In fact, the elections became a referendum on confidence in ruling "Bharatiya Janata Party" led by Prime Minister Narendra Modi. The voting brought victory to the party of power, and sensationally strengthened its position, despite a number of unpopular measures, one of which was a painful monetary reform. After this victory,...
Iceland entries international financial market - 03/14/2017
Iceland is going to lift restrictions on movement of capital that were introduced in the crisis year of 2008. Nine years ago, the country's authorities took this step to preserve the country's economy. Iceland cancels control over the movement of capital, which has operated since the financial crisis, CNBC reports. This measure was introduced in 2008, after the country's three largest banks -...
TrumpCare will leave 52 mln US citizens uninsured - 03/14/2017
Bill of the Republican Party, proposed as an alternative to a medical insurance system adopted by Barack Obama, will reduce the US budget deficit by $ 337 billion, but leave 62 million people without medical insurance. Office of the Budget for the US Congress noted in a report, "expenditures will be cut by $ 1.2 trillion ... until 2026, and revenues will be reduced by $ 0.9 trillion." According...