Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Sunday, 25 October 05:13 (GMT -05:00)



Business And Politics News

Trump Turned G7 Into G6+1


The British media are criticizing Donald Trump's stance and behavior during the recent G7 summit in Quebec, Canada. 
 
They claim that the American president was initially reluctant to go the G7 summit in Canada and was late for almost every session, not to mention the fact that he refused to discuss the duties he imposed on the American import of steel and aluminum. Later on, after Donald Trump left the summit prematurely, he insulted the other participants of the G7 summit in Twitter. 
 
In one of the recent articles in The Financial Times, one of the editors regretted that Donald Trump had visited the G7 summit. Not only did he criticize the closest allies of the United States, he also suggested inviting Putin to the summit and restore the G8. 
 
According to the British media, Donald Trump literally isolated himself from the Western political elite and turned the G7 into the G6+1. Now the G6 is forced to resist the USA's protectionism while maintaining the existing world order until this craze in the white House is finally over. 
 
The Guardian claims that the failed G7 summit may well become a turning point for Western democracies. The author of the article doesn't deny the scenario according to which the American president makes friends with the North Korean dictator. 
 
They claim that President Trump's narcissism and clowning are destroying the existing world order established after World War II since the USA has been its cornerstone ever since. It seems that President Trump has split the Western democratic world. Without the United States, the Western world will eventually fail to support the existing world order. The core values of the liberal democracy as well as the international trade and law are now in jeopardy. So, the British media claim that the rest of the Western world will have to close ranks in order avoid cyberattacks and other hostile actions coming from Russia and China. 
  
 
 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

SEC Announces $10M Bounty For Whistle Blowers

Publication date: 17 September 12:38 PM

Raygan's Former Advisor Accuses the Fed of a Big Fraud

The former budget advisor under Ronal Raygan's administration, of the founders of the so-called Rayganomics, David Stockman, is a big adversary of the Federal Reserve's policies. He thinks that artificial interest rate cuts coupled with uncontrolled QE (money printing) creates madness in financial markets, thus separating asset evaluation from their intrinsic value of those assets.

Publication date: 23 August 07:32 AM

U.S. Labor Market Disappoints, Economy Slows Down

The employment rate in the United States increased by 167.000 people in July 2020. It's important to mention the fact that the data came in much worse than expected. According to Reuters, this increase was expected to reach 1.5 million people. At the same time, July's figures were much worse than those revealed in June 2020.

Publication date: 06 August 10:06 AM

iPhone as a Payment Terminal: Apple Bought a Startup For That

Apple has recently acquired Mobeewave, a startup specializing in online payments. The price of the deal is 100 million dollars. According to Bloomberg, the company's technology may allow Apple to turn iPhones into mobile payment terminals accepting mobile payments. To be more specific, Mobeewave developed a technology making it possible to make financial transactions between mobile devices through the built-in NFC module.
Publication date: 05 August 09:27 AM

China Makes Blockchain Professions Official

There are 1838 officially recognized professions in China. Now, there list is up by 2 professions - blockchain engineer and blockchain app operator. The Chinese Ministry of Human Resources and Social Security (MOHRSS) has recently confirmed that by updating the list of official professions.
Publication date: 20 July 11:42 AM

South Korea Invests Billions In Blockchain Technologies

By 2025, South Korea is planning to invest over 48 billion dollars in  blockchain. The goal is to digitize all of the industrial sectors of the national economy in this post-pandemic era. According to ZDNet Korea, the president highly rated some of the benefits this process may bring to South Korea.

Publication date: 18 July 09:40 AM

Black Lives Matter - Investors Keep Ignoring Major Riot In US In 50 Years. Why?

Everyone has probably heard of the #BlackLivesMatter riots, which have been going on in the United States for a while. However, international financial markets seem to have been underestimating this event, which happens to be the biggest riots in the USA in 50 years! Why is that?

Publication date: 18 June 07:56 AM

Donald Trump Influences Bitcoin Exchange Rate

Publication date: 05 June 04:42 AM

Only 4 Of All Existing Billionaires Made Their Fortunes With Cryptocurrencies

Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
Publication date: 13 April 11:54 AM

Life After Brexit: EU-UK Talks Are Underway

Publication date: 07 March 09:03 AM