S&P experts have analyzed movement of US indices during pre-election period for the last 72 year, and traced relationship between the exchange "rally" and election of a new president. Analysts of S&P Global Market Intelligence conducted a historical study, and calculated that victory of a candidate for US presidency is almost always anticipated by investor sentiment in the course of a few...

"The President of the Republic decided that the National Guard will be based on the existing military reserves", - says a communique released by President François Hollande’s administration. Parliamentary hearings, which will determine composition and format of the new forces, will be held in September. President's initiative was a response to a series of terrorist attacks that lately occurred in...

World of fashion and retail industries with a turnover of more than $ 1 trillion is the most convenient sphere of the world’s economy for the accumulation of well-being. It holds more than 15% of billionaires’ total revenue, followed by areas such as oil, natural resources, finance and high technology. High technologies are on the second place in popularity among the wealthy people. It takes $...

Pension funds of agricultural workers and Rabobank will invest EUR 60 million in an investment fund established by the Government of Amsterdam and the social housing corporation, writes Financial Times (FT). The pension funds will have 35% share in 1012 Inc investment fund, named after an index of the central area of Amsterdam. The enterprise’s goal is to reconstruct the famous Red Light District...

McDonald's fast food restaurant chain put away Big Mac from the menu in Venezuela due to lack of raw materials for the burger’s production, according to Globovision. According to the channel, single McDonald's supplier ran out of finished pieces of bread, which are essential for the burger. Previously, McDonald's already faced a shortage of raw materials in Venezuela. Instead of French fries,...

Victory of Donald Trump threatens the most important export markets of Germany, and may result in a trade war with China, according to Deutsche Welle. Most opinion polls say is that the chair of US president will be taken by Hillary Clinton, not Donald Trump. However, sociologists predicted victory of EU supporters before the referendum, too, and we all know the results. The decision to Brexit...

The French authorities have demanded from Microsoft to cease online monitoring actions of Windows 10’s users if they haven’t logged in. The National Commission for Data Protection and Freedoms of France said that the American corporation also violates rules of storage European user data on the US servers. The company has three months to remove all shortcomings; otherwise, the IT giant will get...

Each new generation of British is poorer than previous, and Brexit is only exacerbating this trend. Institute for Fiscal Studies argues that the millennium generation in the UK is poor, and continues to peter out, while older generations are getting richer year by year. The experts think that this trend promises an extremely bleak future. The UK referendum has created economic uncertainty, and...

Turkish Interior Ministry claimed they suspended from work almost 8 thousand civil servants after the failed coup attempt, undertaken by the military at the weekend. Above other servants, the sanctions affected 30 provincial governors and 47 heads of district administrations. Turkey suspended from work 30 provincial governors, reports Hürriyet Daily News. They were subjected to sanctions imposed...