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Tuesday, 25 June 17:38 (GMT -05:00)



Business And Politics News

Europe Cannot Trust Trump, Merkel Says


Market Leader reports that after talking to Donald Trump, some European leaders came to a conclusion that this president is unreliable and the EU cannot trust the USA anymore while Donald Trump is in charge of the White House. This is what Angela Merkel gave everyone to understand while answering questions after the G7 summit.

 

 

 

 
Last week, Donald Trump held a range of meetings with European leaders. Those meetings were held within both NATO summit and G7 summit. As a result, President Trump doesn’t seem to have been welcomed by the European community and leaders. Angela Merkel says Donald Trump cannot be trusted anymore and the USA cannot be relied on as an ally.
 
While talking about the relations with the United States, Angela Merkel said that the times when the United States could be a reliable partner are gone. She underlined that European nations should rely on themselves while building their future.
 
Previously, it was reported that European leaders failed to agree on some important issues because of Donald Trump. At the same time, his visit to Europe resulted in a number of scandals. For instance, while wanting to be in the front row during the NATO summit, Donald Trump pushed aside the Prime Minister of Montenegro .
 
As for the G7 summit, climate was one of the key issues on the agenda. Donald Trump didn’t want to carry responsibility for the quotes related to industrial combustion. At the same time, the USA and the EU did compromised over the Ukrainian question. In particular, the Western world is united over the integrity of the Ukrainian territory.
 

 

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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

Roma May Drag Moscow and Brussels Into Major Financial Crisis

International experts are trying to evaluate the situation in Italy. Some of them are convinced that the EU is not going to save the Italian populists. For those of you who don't know the details, in October, the European Commission rejected the draft budget devised by the new Italian government. This means that the draft budget needs to be improved in order to approved.
Publication date: 19 December 11:48 AM

USA Strikes Iran Again

As you probably know, a couple of weeks ago, the United States imposed a new round of sanctions on Iran. International experts say that the package includes 700 new points, including an embargo on the import of crude oil from Iran. It's interesting to note that the sanctions will touch upon some other states as well. Some temporary exception are said to have been maid for 8 partners of the USA.
Publication date: 29 November 12:04 PM

Trump Offers Putin to Compete for Multi-Polar World, Eggert Says

According to Konstantin Eggert, a Russian journalist writing for Deutsche Welle, Donald Trump is offering his Vladimir Putin to compete for a multi-polar world, but on American terms. In particular, he highlights the fact that many international experts started panicking when finding out that the USA had withdrawn from the missile control treaty with Russia. They say that this is the end of the strategic partnership between the United States ans Russia and the disruption of the nuclear arms control system created decades ago.

Publication date: 29 November 11:07 AM

The world is on the verge of another global race

International experts are commenting on the events taking place over the last few years. In particular, President and CEO of Atlantic Council Frederik Kempe believes that we are nearing another race between the world's biggest superpowers.
Publication date: 07 November 09:02 AM