According to The Financial Times, Saudi Arabia aims to inhibit the growth of Iranian oil exports, limiting the access of Iranian oil tankers in the Saudi Arabian ports. Iran has quite actively increasing oil production and exports after the abolition of sanctions. Earlier, Saudi Arabia announced that it will not freeze its own oil production unless Iran agree on the same condition. According to...

In Stockholm, you can pay a street hawker with a credit card; in Copenhagen you can buy a single shot espresso with a smartphone; in Helsinki, you can go grocery shopping without a wallet… Yet while this futuristic utopia and cashless society may benefit financial institutions and big businesses, customers won’t be included in that.

Google's representatives reported that an Android mobile app developed by Taliban movement has been removed from Google Play online store. A public organization specializing in monitoring the activities of jihadist organizations on the Internet reported about the application on Friday. Late last night, Google’s representatives confirmed to US media the company has removed from Google Play online...

Yesterday, French citizens held mass protests against changes in labor laws that provide simplification of the workers’ dismissal procedure and possibility of extending the standard 35-hour work week. Several hundred thousand people came out to the streets of French cities, and more than 100 people were detained after clashes with the police. On Thursday, hundreds of thousands of French people...

Turkish border guards opened fire on refugees trying to cross the Syrian-Turkish border, claim the British The Times and The Independent. According to them, several migrants were killed. According to the Syrian Center for Monitoring Human Rights, Turkish border guards opened fire on civilians trying to cross the Syrian-Turkish border on March, 4. Two people were killed, another 10 were injured....

Chinese law enforcement agencies are looking for authors of an "open letter" to President Xi Jinping, which calls on him to resign. The authors did not give their names but instead signed as "loyal members of the Communist Party". They accuse the Chinese leader in an authoritarian governing style and numerous failures in domestic and foreign policy. According to the Chinese opposition media,...

A serious political crisis caused by the upcoming referendum on the country's withdrawal from the EU structure is brewing in the UK. Most members of the government (including the Prime Minister David Cameron) are in favor of maintaining the status quo on the basis of the June vote. Yet, a number of ministers supported drastic measures and, according to British media, is exposed to obstruction on...

Israel Supreme Court has blocked a deal to develop offshore gas fields "Leviathan" and "Tamar" by a consortium led by Noble Energy. The Court was not satisfied with the deal's fiscal conditions. The cancellation is a threat to the development of Israel's natural gas reserves and the country's plans to export gas to Europe. Israel Supreme Court ruled unconstitutional a deal for development of the...

US Justice Department said that the authorities are interested in speedy settling disputes with Argentina relating to the default of 2001. After that, the US Court of Appeals sided with Buenos Aires and besieged creditors. Judging by recent events, Washington began a large-scale policy aimed at easing of the US relations with other countries. Barack Obama is restoring relations with Cuba...