World & Politics
ECB's Quantitative Easing is Delivering Results - 08/27/2015
Growth in bank lending to companies and individuals in the euro zone accelerated in July 2015 compared with the previous month, according to the European Central Bank (ECB). Thus, the policy of quantitative easing (QE), implemented by the ECB, is bearing fruit. The total volume of bank lending in the past month increased by 0.9% compared with July 2014, after increasing by 0.2% a month earlier....
Environmental Pollution: India vs China - 08/25/2015
China and India play a major role in ensuring the growth of the Asian population and identify trends in the process of urbanization. According to the research institute McKinsey in 2010, it is expected that the two countries will provide 62% of the continent's urban population growth between 2005 and 2025, and an impressive 40% of the growth in the world. Statistics point to the urgency of the...
America Forgets about Other Ties While Concentrating on Europe and Cuba - 08/25/2015
The political crisis in Brazil does not have a negative impact on relations with Washington, as well as the causes of delays in the bilateral cooperation. This is the official discourse of both countries, which emphasize the resumption of relations, turned over from the fresh leaf, formalized by Dilma Rousseff’s visit to the US in June, after the crisis caused by the scandal with the surveillance...
What Chinese People Think About Other World - 08/24/2015
The Chinese people wonder why there is “so many black people” in France, Sweden “imports waste”, “milk-induced longevity” in Bulgaria, and Poland “hates China”. Foreign Policy examined the most popular searches in the main Chinese search engine Baidu to find out what they the citizens of the PRC think about rest of the world. Like other search engines, Baidu has an auto-complete feature, that is,...
Syria, Migrant Workers and the Armenian Genocide. Why Relations Between Turkey and Germany are Becoming Worse - 08/21/2015
In recent years, the two partners - Berlin and Ankara - collected many claims to each other. Dissatisfaction of Germany, which is home to more than three million Turks, is arisen by reluctance of many immigrants to integrate into German society. The Bundestag is convinced that this is fault of the president Erdogan and his entourage, who has repeatedly called German Turks to preserve their native...
Fifteen-Year-Old Teenager Entered the US Presidential Race - 08/20/2015
A teenager from Iowa Brady Olson has registered as a candidate for the US presidency. He described himself as ‘Deez Nuts’ filling out an application on the site of the Federal Election Commission (FEC), reports New York Post. - The next step will be to find a party that would support my candidacy, such as the Minnesota Independence Party or ‘Modern Whigs’ - said the 15-year-old Olson. - Still it...
Will Switzerland be Attractive to Foreign Business? - 08/19/2015
Switzerland is famous not only for banks and chocolate, but also for its favorable framework conditions for doing business, being attractive to both domestic and foreign business people. More precisely - famous so far because the strong Swiss franc and the migratory restrictions, entering into force soon, may cause serious damage to the Confederacy, fobbing off perspective foreign investors. The...
"Media should be a counterbalance to the concentration of political and economic power" - Former chief editor of Diario 16 and El Mundo told about his new edition - 08/18/2015
Former chief editor of the Spanish newspaper El Mundo Pedro Ramirez spoke about his new information publication El Espanol, which will be launched in the coming weeks, in an interview with the Financial Times. According to its creator, which is known for high-profile investigative journalist, El Espanol will fight the "corrupt oligarchy that undermine Spanish democracy". The official launch of...
The Debt Write-Off Will Not Save Greece from Problems - 08/17/2015
Greek economic crisis continues to rage, and many famous people - from the Nobel Prize in economics (such as Paul Krugman) to senior officials (eg, US Treasury Secretary Jack Lew) - call for easing of financial aid to the country and alleviate its debt burden. Even the International Monetary Fund, which, along with other European creditors, gave emergency funding to Greece, recently joined this...
German Economy Recovers - 08/14/2015
The German economy in the second quarter of 2015 regained the pace of growth thanks to booming exports. Gross national product rose from April to June by 0.4 per cent compared with the previous quarter, reported on Friday, August 14, the Federal Statistical Office. The surveyed economists expected on average an increase of 0.5 per cent, despite the fact that the beginning of the year did not...
