World & Politics
Deutsche Bank initiates investigation into deals of Trump's private banker - 08/04/2020
A private banker of the German bank Deutsche Bank, Rosemary Vrablic, whose clientelle, among others, includes US President Donald Trump, has become the subject of an internal investigation. The bank is verifying a previously unknown real estate deal it struck with a company partly owned by Trump's son-in-law, Jared Kushner. The fact that Vrablic bought an apartment associated with Kushner in 2013...
India introduces strict quarantine rules for all foreigners arriving to country - 08/03/2020
The Ministry of Internal Affairs of India, in connection with the continuation of the novel coronavirus pandemic, has updated the rules for foreign travelers arriving in the country. Earlier, the Indian Civil Aviation Authority extended the ban on international flights to and from India until 31 August. At the same time, the country's aviation ministry approved the partial resumption of flights...
New COVID-19 mutation: Vietnam opens new front - 07/29/2020
The Vietnamese authorities are taking urgent measures to contain a new outbreak of coronavirus, which has arisen in the popular tourist destination, the third largest seaside city of Da Nang. Considered one of the most successful countries with regards to combating COVID-19, Vietnam found itself at risk after 22 cases of COVID-19 infection were recorded in Da Nang in recent days. Although these...
HSBC denies collusion with US authorities against Huawei - 07/28/2020
British bank HSBC said it did not collude with the United States to harm the Chinese tech corporation Huawei, but only cooperated with an investigation by the American authorities. The bank's statement, made on Chinese social networks, was a response to a publication of HSBC's in the Chinese media accusations that the bank had lured Huawei into a trap. In December 2018, Huawei CFO Meng Wanzhou...
Fitch confirms Greece's rating at 'BB' with stable outlook - 07/27/2020
International rating agency Fitch has confirmed Greece's long-term foreign currency issuer default rating (IDR) at 'BB', outlook stable, the agency said. “Greece's ratings reflect high levels of income per capita... Strengths are pitted against weak medium-term growth potential, extremely high non-performing loans in the banking sector and very high stocks of government debt and net external...
South Korea falls into recession after COVID-19 crisis - 07/24/2020
South Korea, one of the few countries that managed to stop the spread of COVID-19 at an early stage and avoided the introduction of a national confinement, nevertheless faced an economic recession. According to the results of the second quarter of this year, the decline amounted to 2.9% in annual terms. The reason for this was the sharp drop in exports, on which the South Korean economy largely...
London to start UK citizenship program for Hong Kong residents in 2021 - 07/23/2020
From January 2021, the British government will launch a program to accept immigrants from Hong Kong, who, after a certain period of residence and work in the kingdom, will be able to obtain the full citizenship. The details of the plan were presented by British Interior Minister Priti Patel. Hong Kong residents holding a British Overseas Passport (British Overseas Citizenship) and their immediate...
India, US are close to concluding trade agreement - 07/22/2020
India and the United States are close to a trade agreement after two years of negotiations, Indian Trade Minister Piyush Goyal said on Tuesday. “In the long term, I believe we have a trade deal that includes some outstanding issues that have piled up over the past couple of years that we need to quickly address. We are almost there,” Goyal said at the US-India Business Council Ideas Summit, which...
US polls show Biden's overwhelming advantage over Trump - 07/21/2020
The American presidential race is gradually losing its intrigue. According to the latest polls, Democratic candidate Joe Biden is more than 10% ahead of the second-term Republican President Donald Trump. The main complaint of voters against Рead of the White House is the deplorable situation with the coronavirus in the country. The newcomer to the presidential race, rapper Kanye West, is unlikely...
EU sets to build hydrogen transport networks worth €64B - 07/20/2020
A group of 11 gas transmission operators from nine EU countries presented a plan for the development of a pan-European gas transport infrastructure, most of which is planned to be built on the basis of existing gas pipelines. The companies expect that from the mid-2020s, a network will gradually begin to emerge, which will take shape by 2030 into an initial system of 6,800 km of gas pipelines...
