World & Politics
FT: India plans to refuse Huawei equipment - 08/25/2020
India intends to gradually abandon the use of equipment of Huawei Technologies and other Chinese companies in its telecommunications networks in connection with the recent aggravation of relations between the two countries, writes the Financial Times, citing informed sources. As a result, Huawei, which previously faced tough US restrictions, could lose access to one of its most important markets....
Biden intends to raise taxes for those who earn over $ 400,000 a year - 08/24/2020
US presidential candidate from Democrats Joe Biden said that if elected, he would raise taxes for those who earn more than $ 400 thousand a year, but for those who earn less, there will be no new taxes. “I will raise taxes for those who receive more than $ 400 thousand. Why? Because the time has come for them to start paying their share of the economic responsibilities that we have. I am not...
Bloomberg: US may impose new sanctions against Venezuela - 08/19/2020
The administration of US President Donald Trump is considering the possibility of introducing additional sanctions against Venezuela to end the remaining oil trade operations with that country, Bloomberg reported, citing a source. According to the agency, the sanctions may affect deals with companies in Europe and Asia. US officials have been discussing the move for several months, but initially...
Study: Coronavirus economic shock increased gender gap in employment - 08/19/2020
The economic crisis caused by the coronavirus pandemic in developed countries has worsened the position of women in the labor market more than that of men. Thus, it differs from the recessions of previous years, in which the decline in employment went the opposite way. The economic crisis caused by the coronavirus pandemic could affect the economic situation of women more than that of men, says a...
Global number of coal power plants decreases for the first time - 08/18/2020
For the first time in the world, the growth of the volume of electricity obtained from coal has stopped. The decline is due to Europe, while China, on the contrary, is increasing production. For the first time in the history of recent decades, global electricity production from coal declined in the first half of 2020. This is stated in the report of the environmental organizations "Global Coal...
Tsikhanouskaya: I am ready to become National Leader of Belarus - 08/17/2020
The main rival of President of Belarus Alexander Lukashenko in the presidential elections, Sviatlana Tsikhanouskaya, announced her readiness to become the national leader of Belarus during the period of power change. She spoke about this in a new video message. “I am ready to take responsibility and act as a national leader during this period in order for the country to calm down and enter into a...
China sets to reorient economy from export to domestic consumption - 08/14/2020
The Chinese authorities are preparing a number of important initiatives that should help them reorient the economy to domestic consumption from exports, amid the global recession and deteriorating relations with the United States. The need to make appropriate decisions is growing as Chinese companies, including Huawei Technologies Co. and Bytedance Ltd., are increasingly facing restrictions in...
Lebanese government resigns amid massive protests - 08/11/2020
The Lebanese government will resign in full. The inability of the Cabinet of Ministers to cope with the economic crisis caused discontent among the people, which sharply increased after the devastating explosion in the port of Beirut. Lebanese government will step down, Prime Minister Hassan Diab will announce it in a televised address on August 10, Health Minister Hamad Hassan said, Reuters...
Several countries led by the US accused China of undermining Hong Kong's autonomy - 08/10/2020
US Secretary of State Mike Pompeo, as well as the Foreign Ministers of Great Britain, Canada, Australia and New Zealand issued a joint statement condemning China's actions towards Hong Kong. They called the postponement of the parliamentary elections an undermining of the fundamental rights and freedoms of the inhabitants of the special administrative region (SAR). “These moves have undermined...
Trump allows that Beirut explosion resulted from attack - 08/06/2020
US President Donald Trump said that it is not yet known exactly what happened on August 4 in Beirut. Earlier, Head of the White House said that "some kind of bomb" had exploded in the Lebanese capital. US Defense Secretary Mark Esper called the incident an "accident." “Some think it was an attack, some think it wasn't. Whatever happens there is terrible. But they don't really know what it is....
