Relations between Turkey and the European Union have undergone a new test. Minister of Foreign Affairs of Luxembourg, one of countries - founders of the EU, Jean Asselborn threated Ankara with sanctions for arrest of opposition MPs from the pro-Kurdish People’s Democratic Party. In turn, President of Turkey Recep Tayyip Erdogan demanded that the Europeans stop interfering in internal affairs of...

Presidential race in the United States is nearing the finish line, yet keeps surprising even most imperturbable observers. Federal Bureau of Investigation has brought back a case with official e-mails of Democratic candidate Hillary Clinton. The correspondence relates to times of her tenure in the State Department. Public was surprised to learn that the FBI once again dove in clarifying...

A few years ago, many experts called for fiscal austerity, and investors feared that xcess costs would hit the government bond market. In 2011, investor Bill Gross, then ruled the world’s largest bond fund Pimco, sold US Treasury bonds saying that British bonds were based "on a nitroglycerine bed". Nowadays, Gross is urging to increase spending. There are signs that governments are willing to...

Despite negative predictions of experts after the Brexit referendum, the country's economy has grown in the third quarter. The G20 summit in July assessed Brexit as the most significant threat to growth of the global economy since the crisis of 2008-2009. However, the country’s GDP increased by 0.5%, which was above the average forecast of analysts in Bloomberg of 0.3%. yet was slightly lower...

According to UN data, 2016 became the most dangerous year for refugees attempting to reach Europe across the Mediterranean Sea. Such travel has already killed more than 3 800 people even despite the fact that number of those who ventured on the dangerous voyage declined by about threefold. Number of migrants perished or get lost in the Mediterranean Sea exceeded 3 800 people. Thus, 2016 has...

For the first time in the history, green electricity in 2015 grew higher than fossil fuel generation, as follows from new IEA’s report. In 2015, eco-friendly electric power industry produced 153 GW more than convenient energy sources did, according to report of the International Energy Agency (IEA) on medium-term market prospects for renewable energy sources. As noted by Bloomberg, total increase...

Only four French out of 100 are positive viewing President François Hollande. 96% or respondents are dissatisfied with him, as showed public opinion polls conducted by Center for Political Studies CEVIPOF. CEVIPOF Centre (Centre de recherches politiques de Sciences Po) published a new assessment of the pre-election situation in France. These polls are not ordered by media or candidates and,...

Cuban authorities are frustrated with new steps to ease economic sanctions against his country, announced by US President Barack Obama. These measures, came into force last week, "bring more benefits to the United States than to Cuba and its people", commented the Cuban Foreign Ministry. According to Cuban officials, some points of Barack Obama's paper are an " interference in internal affairs of...

Government of Scotland is preparing for after Brexit life. Yesterday in Brussels, Ministers of Regional Government discussed possibility of allowing this part of the UK to have access to the common EU market after the UK leaves the union. Moreover, the Scottish management intends to publish a bill to hold a second referendum on secession from the UK. Edinburgh believes that the situation has...