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Tuesday, 25 June 18:07 (GMT -05:00)



Business And Politics News

US-China Trade Conflict May Trigger Another Global Financial Crisis


Beijing and Washington are one step away from escalating their trade conflict. The confrontation may harm the entire global economy. Some experts belive that the trade war may also trigger another global financial crisis. At this point, the parties seem to have come to a standstill, which is why the chances of the conflict escalating into a move severe trade war are still growing.

Publication date: 18 June 10:18 AM
Author: Елена Тараканова

Trump Will Need Revolutionary Methods to Make America Great Again, Experts Say

It’s not a secret that Donald Trump has been the focus of international mass media ever since he decided to participate in the 2016 U.S. presidential election and eventually won it to become the 45th President of the United States.

 

 
For those of you who don’t know, President-Elect Trump promised to make America great again. If to take a closer look at his ambitious plan he is going to implement, it becomes clear why the current American political elite started accusing him of sexism, racism, and even fascism, not to mention other accusations.
Publication date: 13 January 02:12 AM

London Doesn't Know What To Do After Brexit

The United Kingdom seems to have already recovered from the shock triggered by the results of the Brexit referendum in June 2016. At this point, the British authorities are busy getting ready for quitting the European Union for good.
 

 

British Prime Minister Theresa May promised to appeal to Article 50 – the legal mechanism of quitting the EU. This is likely to happen in March 2017. She got a round of applause for saying that during the party conference. This means that even the High Court’s detailed investigation into the referendum results won’t prevent her from triggering the Brexit process. 
Publication date: 11 January 11:07 AM

New Global Crisis Is Coming, Some Experts Say

 

The very fact that more and more populists are getting integrated into the political elite all around the world is a sign that a new global economic and financial crisis is round the corner. Apparently, this is not the reason why the crisis is coming. This is just an indicator telling us just that.

 

Yet, this is not about Western Europe alone. Over the last few years, populism has become the world’s most popular political trend. But the question is, can we talk about one and the same phenomenon with common roots or can we say that the so-called global populism is nothing but fiction?

Publication date: 05 January 03:14 AM

Ukraine's 48 Achievements in November 2016

November 2016 happened to be full of good news and achievements for Ukraine and its economy. No months of the year goes without such achievements. The situation seems to be changing for the better on a regular basis.
 
In November 2016, the Supreme Military Court at The Hague recognized the Russian takeover of the Crimea on 2014 a military conflict. The Ukrainian were looking forward to Russia’s reaction to this court decision. At the same time, the Ukrainian government simplified the conditions for conduction a business in Ukraine. However, there was a pause in the Ukraine-IMF talks due to the government’s inefficiency in fighting corruption to get a loan. Along with political changes in Ukraine, there were some economic changes as well. Let’s take a closer look at them:
Publication date: 29 December 09:19 AM

Obama Calls Not to Make Hasty Conclusions About Trump's Policy

President Obama call the international community to avoid making hasty conclusions when it comes to President-Elect Trump’s future policies. He thinks that it’s important to avoid any premature conclusions and give the new president a chance to collect a team of experts and show the world what they all are capable of. This statement was made during the recent summit in Peru.
 
Publication date: 18 December 05:05 AM

Italy Throws Europe Into Uncertainty Period

For those of you who don’t know, during the recent referendum in Italy, the Italians voted against the constitutional reform offered by Premier Minister Matteo Renzi. This resulted in him wanting to resign his post. This means, that Italy is about to face a period of uncertainty, with either reformatting the government or early parliamentary elections.

Publication date: 15 December 04:47 AM

Trump’s Victory Won’t Bring Russia Any Good, Expert Says

According to Steen Jacobsen, chief economist for Saxo Bank, Donald Trump’s victory doesn’t necessarily mean that the Russian economy is going to benefit from that.

 

 
Mr. Jacobsen assumes that those who say that Donald Trump’s victory is a nightmare for America are completely wrong. His victory showed an urgent necessity of radical changes in the USA. Today, the USA is living in a world with the lowest labor productivity, the highest social inequality, the lowest interest rates and inflation, and the most inflated stock market in history.
If the latest U.S. presidential election had been all about candidates' personalities, and politics, neither Donald Trump, nor Hillary Clinton would have managed to become even candidates.
Publication date: 07 December 03:32 PM

During Trump's Presidency, Global Economy May See Stagflation, Bank of America Says

Bank of America warns after Donald Trump’s victory in the presidential election, over 20% of international investors are expecting stagflation in the global economy in the near future.

 

 
To be more specific, the recent survey conducted by the bank shows that 20% of 177 portfolio managers running over 456 billion dollars in assets assume that the global economy is going to fall into stagflation within the next 12 months.
Publication date: 05 December 05:20 AM

Trump's Victory Means Both Risks and Opportunities for Ukraine

Vitaly Portnikov, a Ukrainian political expert, has evaluated the results of the U.S. presidential election and its possible impact on the situation in Ukraine.

 

 
He says that Donald Trump’s victory gives Ukraine both risks and new opportunities. In particular, the Ukrainian journalist, political observer, and blogger writes that after Donald Trump unexpectedly won the election, the entire political world was slightly shocked and uncertain how to react to this unexpected event.
Publication date: 30 November 05:23 AM

UK Prime Minister to Launch Brexit in Spring 2017

The current Prime Minister of the United Kingdom Theresa May gave her first big interview after coming into power a few months ago. During the interview, she warned the people of the United Kingdom about the likelihood of a difficult period they would have to face in the near future. She is almost convinced that the so-called Brexit, or the process of quitting the European Union is going to be economically and financially painful to the UK, its people, economy, national currency, and financial system.
 
Publication date: 29 November 09:18 AM
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