World & Politics
Non-standard forms of employment: boon or bane? - 11/18/2016
According to report of the International Labour Organization (ILO), proportion of workers, engaged in non-standard forms of employment (part-time, temporary or "contract labor"), is growing. In Europe, the proportion ranges from 5% to more than 20%, in Asian countries - from 24% to 67%. Difference in salaries of comparable professionals with permanent and non-standard contracts can reach 30%....
Sweden to introduce a national cryptocurrency - 11/17/2016
The Bank of Sweden is considering introduction of a new national currency called e-krona, writes Business Insider. Deputy Governor Cecilia Skingsley told to Financial Times that the Central Bank of Sweden is forced to make such a step catastrophic due to steep downfall of use of cash. Since 2009, number of coins and banknotes in circulation fell by 40% while online purchases and bank cards...
Terror attacks in 2015 killed 650% more people in developed countries - 11/17/2016
The Institute for Economics and Peace (IEP) published its annual Global Terrorism Index (GTI) study. In 2015, 92 countries have fallen victims to terrorist attacks. On the other hand, number of sufferers from terrorist attacks began to decline for the first time since 2010. Primarily, researchers link this fact to successful start of military operations against groups like ISIL and Boko Haram (in...
One in three Europeans believes that corruption is a big challenge - 11/16/2016
Every third citizen of Europe and Central Asia considers corruption one of the biggest challenges of their country. The same number of people are afraid of reprisals if they start to deal with it. This suggested in a new study published by Transparency International. Transparency International, headquartered in Berlin, conducted a survey of 60 thousand people in 42 countries of Europe and Central...
Five-year war destroyed the Syrian economy - 11/16/2016
More than five years of war have killed about 250 000 people in Syria. 5 million men became refugees, and other 7 million have been ousted from their homes. More than half of the country is controlled by armed groups, including the "Islamic State", and territories controlled by President Bashar Assad are experiencing severe shortage of electricity. Roads in the country are dangerous, and truck...
Experts predict inflation growth in the United States during Trump's reign - 11/15/2016
The US economy is likely to enter a new era with advent of Donald Trump’s rule, the US President-elect, writes The Wall Street Journal. The Republican’s policy may lead to increased rates of economic recovery in the US, higher interest rates and inflation, as well as emergence of new risks, including threat of an international trade war, noted experts interviewed by the newspaper. Expectations...
Ecuador's Foreign Minister: Assange should be free - 11/14/2016
WikiLeaks founder Julian Assange said that he intends to leave the Ecuadorian embassy in London in the near future, according to Agence France-Presse. During a press conference, he stressed that he would do it, but "not for the previously reported reasons ", and refused to provide more detailed information. Recall, a number of US media wrote that the WikiLeaks founder has problems with health. In...
TTIP can be put into cold storage - 11/11/2016
Fate of Transatlantic Trade and Investment Partnership, TTIP, is in the hands of future US administration, said German State Secretary of the Ministry of Economy and Energy Matthias Machnig on Friday. Republican Donald Trump unexpectedly won the United States presidential elections. Experts say that this is casting doubt on possibility of reaching an agreement on TTIP. They are pointing to...
Anti-Trump protests: what happens when public opinion polarizes - 11/10/2016
Rallies against President-Elect Donald Trump are held in many US cities. Several thousand people took to the streets of New York City chanting "Not my president!". The action participants divided into two groups. One gathered in the middle of Manhattan and went to Trump Tower skyscraper, and other settled in a local park. Demonstrations involving hundreds of thousands of people marched in...
Europeans are setting their minds on cooperation with Trump - 11/09/2016
Results of the US presidential election can be called a stunning political sensation in America. Most forecasters and analysts were confident of Clinton’s victory. "America never accepts anything less than the best," - said Trump on November 9, referring to his victory speech to the voters. "Our campaign is over, but our work is just beginning, and we will do this work so that you will be proud...