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Sunday, 18 March 11:33 (GMT -05:00)

Business And Politics News

Why Is German Parliamentary Election Important to Europe?

Judging by the results of several sociological surveys, the chances of electing Angela Markel for the next 4 years is fairly high at the moment. Even though there is almost no intrigue in the election, the international community has still been closely watching it, Market Leader reports.




The election is scheduled for today, September 24th. Not only are they important from the stand point of choosing the Chancellor. The thing is, for the first time since World War II, the Germany parliament may be represented by 6 political parties at a time, including the right-wing nationalists. Also, this is the first election since the 2015 migration crisis.
For those of you who don’t know, a couple of years ago, Markel’s government announced the so-called “open door” policy. As a result, over 900 000 refugees came to Germany. Back then, Angela Merkel promised the people that they would be able to cope with this problem. This is what happened. However, Merkel’s political party lost a lot of their electorate.
Germany’s on the Verge of Major Changes
The thing is that the political situation in Germany is now changing. There is a lot of defragmentation going on in Germany’s political life. Chances are that “Alternative for Germany” is going to win a lot of seats in the parliament and become the 3rd biggest political power in Germany. This party is against Islam and Muslim migrants.
At the same time, the previous parliamentary election ended up with 4 parties sharing seats in the parliament. This time, we may well see 6 political powers in the German parliament, which is something we haven’t seen since WWII. For now, there are 34 political parties participating in the election.


It should also be noted that this election is of major importance to the entire European Union. The thing is that Germany’ is Europe’s biggest and strongest economy. It contributes most of all to the union’s wellbeing. This means that German politicians play the key role in determining the future of Europe.


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USA's Ultimatum to NATO: Spend More on Defense

The USA doesn’t seem to want to quit the NATO. However, they are fed up with financing the lion’s share of the alliance.
The Pentagon’s ultimatum to the rest of the NATO says:  Either you start spending more money on defense or we start reconsidering our participation in the alliance.
Publication date: 21 February 04:21 AM

Russia Captured the Crimea Because of Obama's Indecisiveness, Trump Says

Donald Trump keeps on making Russia unpleasantly surprised. If a couple of months ago they used to welcome Trump’s victory and hope to make friends with the USA, now they start thinking that maybe Hillary Clinton could have become a better option for Russia as the U.S. President.


Publication date: 21 February 03:35 AM

Fed Chair Janet Yellen Says Delaying Interest Rate Hikes Is Unwise

According to the Chair of the Federal Reserve, it would be unwise to keep on delaying interest rate hikes. The other day, Janet Yellen told the Board of Directors of the Federal Reserve that they might consider another interest rate hike during the forthcoming FOMC meeting.
Publication date: 20 February 08:25 AM

The Guardian Questions Relations Between Trump and Putin

According to a number of political observers, including those working for The Guardian, the relation between the USA and Russia has been begging many questions ever since Donald Trump moved to the White House.


Publication date: 20 February 02:21 AM

New Secretary of the Treasury Says No to Canceling Sanctions against Russia

Even despite the fact that Donald trump unexpectedly become the 45th President of the United States, and he seems to be more loyal to Russia than any U.S. leader over the last couple of decades, Russia has still been failing to find a common language with the USA.


Donald Trump started his presidency with unpopular decisions. Some of his policies are not welcomed by politicians from both parties, not to mention mass media, secret services and millions of U.S. citizens. Maybe Putin was hoping that Trump would start helping Russia implementing its imperial ambitions despite the public discontent in the USA. But those hopes now seem to be broken. The sanctions will stay effective until Russia gives the Crimea back to Ukraine. That’s the standpoint put forward by Trump’s administration.
Publication date: 19 February 09:03 PM

Trump Leaves Putin Without Key “Trump”

The dialog between Vladimir Putin and Donald Trump is following an unexpected scenario. It’s unexpected for Moscow. The Kremlin seems to have lost their key “trump” card in the talks with Washington.


According to some military experts, even the most unbiased Russian media ignored a sensational statement published by Reuters. To be more specific, Reuters claimed that during the recent phone call to Washington, Putin told Trump that he was ready to discuss the possibility of extending the agreement to cut nuclear arms. The agreement was signed in 2010 in Prague and will expire in 2020.
Publication date: 19 February 12:22 PM

Trump Wants Big Deal with Russia. What May Come out of It?

It’s seems like Donald Trump doesn’t mind creating some kind of an alliance with Vladimir Putin. Is so, can he succeed or will he become another U.S. president fooled by Putin. This is the question a number of international experts are trying to answer.


For now, the details of the plan are vague. The current ambiguity existing among the representatives of Trump’s administration hints at this fact. Even when the USA's Permanent Representative to the United Nations demanded for the condemnation of Russia’s aggression in Ukraine, Donald Trump seemed to still have some hope for making friends with Putin. At the same time, he wouldn’t dare say something like ‘the USA is as blood-thirsty as Russia’.
Publication date: 19 February 10:48 AM

Scotland Is Against Brexit

The House of Commons of the British Parliament decided that Prime Minister Theresa May should fulfil the people’s will expressed during the Brexit referendum in summer 2016 and launch the Brexit procedure to quit the European Union. This means that the British government is allowed to start the negotiation with Brussels over the terms and conditions quitting the European Union for good.
Publication date: 19 February 02:22 AM

Senate Prepares a Draft Law Forbidding to Cancel Anti-Russian Sanctions

Several members of the U.S. Senate led by ben Cardin and Lindsey Gram prepared a draft law designed so as to make the White House provide the Congress with a detailed explanation if at some point in the future the U.S. Presidents decided to cancel the sanctions imposed on Russia. On top of that, 120 days after the explanation is provided, the Congress will decide whether to support this initiative.
Publication date: 16 February 09:16 AM

Putin's Chances to Improve Relations with Trump Are Close to Zero, Experts Say

Some experts say that Putin has almost zero chances to reach mutual understanding with Trump. First of all, they remind us that over the first 10 days of his presidency, Donald Trump managed to create as much uncertainty around US-Russia relations that as no other president has ever created even within the first 100 days of their presidency.


Publication date: 16 February 08:07 AM