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Friday, 20 July 04:45 (GMT -05:00)



Business And Politics News

Fitch Downgrades Economic Forecast for Russian Economy


An international rating agency named Fitch has downgraded the economic forecast for the Russian Federation. In particular, the experts working for the international agency assume that the Russian economy will grow by 1,8% this year. The previous forecast used to be 2% in 2018. The economic forecast for the next year has dropped from 2% down to 1,9%. In 2020, the Russian economy is believed to gain only 1,5%. The long term forecast is also bearish – 1,2% a year on average.

Publication date: 28 June 12:51 PM

IMF Will Consider Another Tranche to Ukraine on April 3

According to several online sources, the International Monetary Fund is going to consider making another tranche of financial aid to Ukraine. The IMF is expected to do this on April 3, 2017. If the tranche is approved, this is definitely going to become a major event for the Ukrainian economy and financial system requiring financial support from outside.

Publication date: 31 March 03:38 AM

President Trump Wants to Change U.S. Tax System

President Trump has announced his decision to start reforming the American tax system. To be more specific, the President believes that the entire system is outdated and inefficient since it doesn’t correspond to contemporary needs. That’s why it needs to be reformed.

Publication date: 31 March 02:51 AM

Fillon Accuses Hollande of Creating a Shadow Government

Francois Fillon, who is one of the candidates for the post of the President of France, has accused President Hollande of establishing a shadow government in France. Also, he urges the police to start investigating into the matter.

 

 
Francois Fillon made this statement during his interview on France 2. He said that the local newspapers had got some documents just a couple of days after the were confiscated by the police. According to the politician, the journalists would have never done this but for the support coming from some secret forces led by a shadow government.
Publication date: 30 March 01:27 AM

Marine Le Pen's Victory Will Destroy EU, Stratfor Says

The year of 2017 is seen by the international expert community as the year of crucial changes determining the long-term fate of the entire European Union. Apparently, the forthcoming elections in Germany and France are going to be the key political events determining this fate, Market Leader reports.

Publication date: 29 March 08:23 AM

Ukraine Asks USA for Major Non-NATO Ally Status

Ukraine is reported to have made an official request to the USA to obtain the status of the USA’s key ally outside of the NATO. This decision came as the result of the voting in the Ukrainian parliament. 232 out of 327 parliamentarians supported this idea.

Publication date: 29 March 07:59 AM

NATO Reinforces Troops in Lithuania

A Germany-led military group of the joint NATO forces participated in the recent military exercise in Lithuania in mid-March. This means that the NATO decided to show their power to potential enemies. Apart from the German military, there were the military from Norway, Belgium, and the Netherlands. The troops are ready to defend Lithuania in case of an assault. 

Publication date: 27 March 10:17 AM

Ukraine Is Highly Rated by UN's Human Development Index

A couple of days ago, the United Nations released their Human Development Report 2016. This report is released annually as a part of the United Nations Development Program. The mentioned report was presented to the public on March 21 in Stockholm, Sweden . Market Leader reports that the UN included Ukraine in the list of the countries with a high level of human development.

Publication date: 27 March 08:57 AM

Marine Le Pen Visits Russia to Meet with Putin

On March 24, Marine Le Pen, the leader of French party «National Front», came to Moscow to meet with Vladimir Putin.

Publication date: 26 March 02:51 PM

Soros, Rockefeller and Other Billionaires Ask U.S. Government to Raise Taxes for Them

The State of New York’s richest citizens – including some of the world’s richest families such as Soros, Rockefeller, Disney and others – have signed a petition to ask the local authorities to raise the taxes for the super-rich.

 

 
The extra money allocated as the result of those tax hikes are offered to be spend on schools, infrastructure, support for the homeless and other important things. The billionaires say that it’s time to invest in the long-term economic attractiveness of New York.
Publication date: 25 March 06:02 AM

Polish Defense Minister Calls Donald Tusk a Traitor

Not so long ago, Poland found itself in the middle of another political scandal. The thing is that the Polish Minister of Defense accused President of the European Council Donald Tusk in a diplomatic betrayal. For those of you who don’t know, Donald Tusk used to be the Prime Minister of Poland.
 
To be more specific, Donald Tusk was allegedly cooperating with Vladimir Putin when he was the Prime Minister of Poland. They Defense Minister claims that the aim of this cooperation was to undermine Poland’s national interests after the Polish President’s airplane crashed in Russia in 2010. Apart from the President, there were 95 people on board, including a lot of high-ranking Polish politicians. Unfortunately, nobody survived the crash.
 
Publication date: 24 March 09:48 AM
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