World & Politics
Singaporeans now can use social networks profiles to transfer money - 07/04/2016
Singapore banks announced introduction of a new service for its customers. Now, to transfer money online, they don’t need to remember long bank account numbers. The new, simplified systems requires just having an ID in social networks. Singapore banks are offering to attach Facebook ID or Twitter username to their customers’ bank accounts. In this case, intra remittances through Singapore FAST...
Tesla Autopilot got in the first fatal accident - 07/01/2016
US authorities have started an investigation into the first fatal accident with a Tesla S car riding on autopilot. Now US officials are checking other similar vehicles and exploring causes of the accident. American authorities have launched an investigation in connection with an accident with an auto piloted Tesla S. The crash killed the Tesla’s driver occurred on May 7 in the state of Florida....
Saudi Arabia takes a back seat in the oil market - 06/30/2016
Saudi Arabia is losing ground as a leading exporter of oil in the key Asian market. Reuters’ experts see this as a deliberate refusal to dump in anticipation of the growth in oil prices. Saudi Arabia is moving away from its strategy to expand oil sales in the Asian markets. The country now begins to give way to its competitors in a hope of further price increases. Reuters analysts made such a...
English may lose status of the European Commission's official language - 06/28/2016
Brexit would diminish status of the English language in the EU institutions. According to The Wall Street Journal, French and German languages are going to be heralds of the new era. Two EU officials commented that the European Commission has taken a symbolic decision to predominantly use the two languages in its press statements and public appearances. The EU has 24 official languages, but the...
Coalition political crisis in Spain is heating up - 06/27/2016
Once again, Spain is faced with difficult negotiations on formation of a ruling coalition and the government. This follows from results of the early parliamentary elections, which have become the second confirmation that the bipartisan Spanish system existed for decades is gone. The first place in the voting was taken by right-wing People's Party ruled by Prime Minister Mariano Rajoy. Now, the...
What media are saying about the UK's decision to leave the EU - 06/24/2016
Everyone is discussing the UK’s decision to leave the European Union. The resolution was adopted on the referendum, which took place on 23 June. Le Figaro Some people always think that the grass is always greener on the other side of the fence. This is true for the French Euro-skeptics, who are very happy with the camp’s victory of Britain’s "exit" from the EU. Encouraged by this unexpected...
Italy's capital is now ruled by a Eurosceptic - 06/22/2016
A woman was elected Mayor of Rome for the first time in history. Victory of 37-year-old Virginia Raggi is just one of successes of Five Star populist Movement. The latter caused a weighty defeat of the ruling Democratic Party in the local elections. This was challenge for the country's Prime Minister Matteo Renzi, who hopes to hold a referendum on constitutional reform in autumn this year....
British trains will be fined for being late - 06/21/2016
Starting from 2019, British railway companies will be fined for being late, even for one minute. The British government wants to change the current system in which trains are considered being in time even if they are 10 minutes late. Last year only 64% of trains in the country came on time to the destination station (i.e. within 59 seconds after the time specified in the schedule). According to...
2015 was the deadliest for environmentalists - 06/20/2016
According to human rights organization Global Witness, 2015 became the deadliest for environmentalists. Number of killings of activists has grown by almost 60% compared to 2014, and reached a record mark of 185 people. Human rights organization Global Witness published a report which shows that a record number of killings of environmentalists was recorded in 2015. There were 185 people murdered,...
China: Barack Obama seriously undermined Sino-US relations - 06/16/2016
US President Barack Obama hosted the Dalai Lama in Washington. The meeting was arranged despite the warnings sounded from Beijing. China claims that the rendezvous with the spiritual leader of Buddhists, considered "anti-China separatist" in China, will have the most unpleasant impact on relations between the two countries. Today, the Chinese authorities have harshly reacted to rapidly to a...