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Tuesday, 17 September 06:34 (GMT -05:00)



Business And Politics News

US-Russia Cooperation is Impossible due to Putin and Trump's Ambitions

Some experts say that the cooperation and friendship between Moscow and Washington is impossible because both President Putin and President Trump are too ambitious and those ambitions prevent them from establishing a long-term dialog.
 

 

 

 

They say that today we can witness a unique situation in our history. The thing is that the 45th President of the United States of America is ignorant in terms of both external and internal policies. He lacks the corresponding expertise. He doesn’t understand what he is going to face further down the road.
 
On top of that, Donald Trump is an impulsive personality. Chances are, he is going to be guided by his own opinion rather than his advisors’ opinion. That’s why, even the most experienced American observers don’t dare predict President Trump’s next move when it comes to US-Russia, US-EU, and US-China relations.
 
President Trump made hostile statements about China and its impact on the USA. Vladimir Putin seems to be the only leader Trump hasn’t criticized so far. However, some experts are skeptical about this friendly rhetoric. Donald Trump and his administrations are smart enough to understand that any further escalation of this friendship with Russia may undermine his status as the American president. His opponents have been doing their best to find more and more reasons for impeachment.
 
As for a major deal between Moscow and Washington, President Putin has already revealed his conditions for the deal to be a success. By the way, these are the very conditions that once spoilt the US-Russia relations during Obama’s administration. Putin wants more than just a deal concerning the spheres of interests and influence.
 
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He wants Russia to have a personal vision of multiple standards related to sovereignty and international relations, as well as some other important fields. Should the West had agreed to that, we would have seen a much bigger chaos than today.
 
Russia also want to be globally recognized an energy superpower and to make the EU abandon the 3rd energy package to let Russia continue dominating the European energy market. Russia wants the West to stay away from Ukraine, not to mention canceling the anti-Russian sanctions. This is not the end of the list.

The thing is, what can President Putin offer President Trump in exchange for that? Not much, to say the least. Trump wants Putin to reduce his nuclear weapons in exchange for canceling the sanctions. Russia responded negatively, considering this a nonsense.

All in all, both presidents are ambitious and don’t like to lose or make concessions, which is why it’s hard to tell whether they are really going to make friends in the future, especially as both of them are trying to make their countries great again.
 

Между тем Трампа вовсе нельзя отнести к тем, кто идет на сдачу своих позиций. Вопрос сделки, если говорить в целом, упирается в непомерные амбиции Кремля, ведь любое отступление для Путина является потерей лица, тем более, накануне президентских выборов в России. Между тем Дональд Трамп собирается вернуть Соединенным Штатам былое величие – судя по всему, он также собирается пройтись "чугунными сапогами" по международной арене. Поэтому "большая сделка" между Путиным и Трампом вызывает очень большие сомнения, в том числе и из-за несовпадения личностей президентов России и США. 

 

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Fed Cuts Key Interest Rate For The First Time In 10 Years

The U.S. Federal Reserve is reported to have cut the key interest rate, which is something really outstanding since the Fed has done it for the first time since 2009.

Publication date: 11 August 03:05 AM

New Prime Minister Names Brexit Date

It seem that the new Prime Minister of the United Kingdom is really determined about everything related to the Brexit. The process is expected to start in later 2019. Boris Johnson's standpoint on the matter didn't come as a surprise to the international expert community, Market Leader reports. The thing is, he has been well-known for being an advocate ad big supporter of quitting the European Union in general, and doing so without a major agreement in particular, which is also known as the hard Brexit scenario. 

Publication date: 07 August 06:54 AM

Johnson Launches Hard Brexit Ad Campaign

Boris Johnson, who has recently been appointed new UK Prime Minister, is on his way to launch an ad campaign to promote the idea of quitting the EU the hard way, which is also known as the hard Brexit. For those of you who don't know, the hard Brexit scenario implies quitting the European Union without signing a major agreement.

Publication date: 31 July 11:43 AM

U.S-China Trade War Is Sponsored By Consumers

According to the IMF, consumers and producers are the biggest losers in the trade war between the United States and China. Despite growing duties, American companies are not in a hurry to move their production back to the USA.

Publication date: 12 July 01:19 AM

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

WTO Lowers Global Trade Growth Forecast

 WTO experts are reported to have revised their forecast for the pace of global trade growth. The renewed forecast names figures below the previous ones - 2,6% against 3,7%. It's also interesting to note that the previous forecast for 2018 failed to match the actual figures.

 
Publication date: 19 May 02:58 AM

How to Protect Investment Capital in 2019?

Existing political and economic risks are pushing international investors into thinking about the security of their investment capital. Chasing big profits becomes secondary to this kind of security.

Publication date: 31 March 11:26 AM

EU Comes Up With Workaround to US Sanctions

The representatives of Germany, France, and the UK have registered a company to let it trade with Iran despite the US sanctions. The company still needs to be approved by 28 EU members.

Publication date: 31 March 02:33 AM

Beijing and Washington are getting ready for the final talks

Publication date: 17 February 08:58 AM

US-China Trade War Reaches Next Level

Washington and Beijing have announced a new round of talks. International experts say that the trade war is indeed going to a whole new level.
Publication date: 08 January 10:17 AM