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Friday, 18 September 07:59 (GMT -05:00)



Business And Politics News

Obama Waits For Congress Decision, Every Day Counts


 

The USA is currently seeing a boost in the export of various goods. Obama say that the very phrase “made in USA” seems to mean a lot to people all around the world, which supports the US economy and reminds the world that it is still competitive.
 
 
Apparently, the problems caused by the global financial crisis were the major reasons for multiple concerns that Obama’s ambitious plan to double the export volume may eventually fail.
 
According to Obama, high export is a cornerstone of a strong economy. In particular, $1bn gained from selling domestic products abroad may provide for 5000 jobs. That is why it is so important to maintain the positive dynamics in the future.
 
Since the 2008-2009 financial crisis hit the globe after some major US banks went bankrupt, the US economy has recovered and is now growing slowly but surely. This is what Obama underlines. Still, Obama’s political opponents say the growth is faint and some economic sectors with millions of people haven’t seen this growth at all. Still, Obama has created a special consultative committee, which includes the CEOs of Merck, Xerox, Boeing, Dow Chemical, Walt Disney and other major companies.
 
Congress Is About To Make Final Decision
 
Meanwhile, the House of Representatives of the US Congress is about to decide on the budget that will be financing public sectors and governmental agencies. This should be done as soon as possible since the financing should be started no later than November 15th, otherwise many civil servants had to be furloughed.
 
The Republicans seem to be speculating the situation. Experts connect it with Obamacare. President Obama is indignant at the Republicans’ actions, saying they use economic issues to reach their political goals. He says it is not the time to play political games when the USA’s economic security is in jeopardy.
 

 

 

 

The chart above, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of the US Dollar index (.DXY).

 

 

 

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It’s Necessary to Prevent Russia from Influencing the Balkans, Theresa May Says

According to British Prime Minister Theresa May, the Balkan states are in jeopardy. This threat is coming from Russia. That’s why she thinks that European leaders should establish tighter cooperation with those Balkan states that are not EU members to avoid letting Russia spread their influence over those states.

Publication date: 20 March 06:12 AM

Angela Merkel's Gonna Shed Some Light on the Situation in Ukraine for Donald Trump

Several Western online sources report that Angela Merkel is willing to tell Donald Trump all the truth about what’s really going on in Ukraine. The thing is that German observers assume that Donald Trump knows relatively little about the situation in Ukraine in general and the East of Ukraine in particular. That’s why they assume that their Chancellor seems to think that it’s now here responsibility as a European leader to shed some light on the situation and help the U.S. President understand the real state of affairs in the region, especially in the Crimea and Donbass.

Publication date: 20 March 05:35 AM

New U.S. Ambassador to Russia Is Against Reloading US-Russia Relations

The international expert community is now busy discussing United States Ambassador to Russia Jon Huntsman Jr. For years, he has been known as the adversary of Russia’s policies towards Georgia and Ukraine. Politico was the first media source to write about the assignment of Jon Huntsman. Indeed, he seems to have accepted Donald Trump’s offer to represent the USA in Russia.

Publication date: 16 March 04:05 AM

Russia's Dangerous for USA, FBI Director Comey Says

Director of the Federal Bureau of Investigation James Comey assumes that Russia is one the biggest threats for the United States. Russia is put in the same line together with China, Iran, and North Korea.

 

 
At the same time, he underlines that today’s threats are slightly different from those seen 30 years ago. First of all, he says that such powers as China and Russia create a lot of dangers in the field of cyber security. Moreover, he believes that their governments not only avoid prosecute local hackers, but they also spur hacker activities and even hire them to do some dirty jobs. On top of that, he believes that those counties are involved in stealing money and technologies, intervening into the internal affairs of other countries, both small and vulnerable and even powerful ones.
Publication date: 15 March 01:43 AM

Europe Is getting Ready for Euro Disintegration, Stratfor Reports

This is going to be a decisive year for the entire European union and the Eurozone. Starting from the next month and through September 2017, we are going to see a series of elections in France, Germany and the Netherlands. International experts say that those elections will decide the future of the common European currency as we know it. By the way, Italy may also hold a similar election in late 2017.

Publication date: 15 March 01:10 AM

Dialog between Washington and Moscow Turns into a Clash of Ambitions

According to some political observers, both Russian and American politicians are ambitious, which is why the dialog between them is gradually getting harder to maintain.

 

 
More and more Western experts say or imply the word “crisis” when talking about the relations between the United States and Russia. They say that the key reason for this is the fact that the Kremlin treats some of the regions in Eastern Europe as those included in Russia’s area of influence while the Western world wants to see those regions as emerging Western-style democracies. This is the very contradiction that leads the sides to confronting each other.
Publication date: 13 March 09:25 AM

Trump Starts a New Arms Race with Russia

More and more experts say that president Trump nearly destroyed the Russian economy by starting a new arms race.
 

 

For those of you who don’t know, in late February 2017, Donald Trump announced his decision to increase the defense budget by 10% next year. However, this wasn’t an unexpected decision since Donald Trump had mentioned the necessity to boost defense spending a number of times, even when making his election pledges as a candidate.
Publication date: 10 March 01:14 AM

No Big US-Russia Deal, Ukrainian Minister Klimkin Says

So far, Ukrainian Minister of External Affairs Pavel Klimkin has been spending most of the time abroad, including Washington, New York, Munich and other Western cities. Over the last couple of weeks, he managed to participate in a number of meetings.

 
While the entire world is watching President Trump still making his first steps in big politics, the European Union is getting ready for elections in several EU member states. Apparently, the Western world is not focused on Ukraine now as it used to be a couple of months ago. That’s why the minister is travelling around Europe and the USA trying to explain the pain that Ukraine has been suffering from over the last couple of years.
 
Publication date: 06 March 11:38 PM

Don't Mess With America! USA's Military Power Will Be Reinforced, Trump Says

President Trump is planning to seriously expand the budget spending on defense while upgrading the U.S. Army and Navy in order to stay the world’s biggest military force. Donald Trump is sure than after the USA has regained its strength, nobody will want to mess with America. By the way, Donald trump believes in peace through force.

Publication date: 06 March 11:42 AM

US-Russia Deal at the Expense of Ukraine Will be a Strategic Mistake, Vershbow Says

Since Donald Trump was elected President of the United States, the international community has been discussing the possibility of a big deal between Moscow and Washington, with the USA betraying Ukraine and giving it to Russia. In reality international experts can hardly believe that this can happen. Alexander Vershbow, former Deputy Secretary General of the North Atlantic Treaty Organization, shares this standpoint.

 

 
Publication date: 05 March 09:07 AM