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1155 words Jean-Sylvestre Mongrenier, an expert in NATO, European Defense, Eurasia issues, has answered our questions about three hot topics: Ukraine, Russia and the BRICS, oil and Iran. Mongrenier stressed on the fact that the Ukraine situation still has the potential ...
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1792 words The world’s most powerful politicians and most able people to shape the future are Pope Francis, Xi Jinping, Vladimir Putin, Angela Merkel and Marine Le Pen. Their ability to shape the future, their effective political power, their networks and ...
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464 words Google has a dominant position in providing general online search services throughout the European Economic Area (EEA), with market shares above 90% in most countries of the area. Following complaints by search service providers about “unfavorable treatment of their ...
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284 words Back in August 2012, three months after François Hollande was elected the President of France, and considering the difficulties of the French economy, his foreign minister Laurent Fabius introduced economic diplomacy – one “pet craze” of his – as ...
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327 words Just a few weeks ago, a growing number of experts was telling media that Russia was on the brink of collapse to the point that even President Vladimir Putin’s grip on power would likely be in jeopardy soon. Some of ...
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263 words At first sight, Chile’s economy looks in better shape than most of its Latin American and Caribbean (LAC) neighbors with 4.1 percent of GDP growth in 2013, much higher than the regional 2.5 percent according to the World Bank. ...
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327 words It sounds shocking to hear that the Ebola epidemic has been both a threat and an opportunity. A very serious threat since it has killed more than 10,000 people so far and could have turned into a world public health ...
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324 words Iran and the six great powers have signed an “historic accord” in Lausanne last week, to the great displeasure of the Israeli government and the Republicans. On the contrary, business circles do share President Barack Obama’s optimism and are ...
In an interview with the Financial Times, the Japanese head of the Asian Development Bank (ADB) Takehiko Nakao has dismissed China’s move to establish a rival, saying the Asian Infrastructure Investment Bank (AIIB) was years away from parity in resources or potential impact.
The Central Bank of China announced that it will cut its bank reserve requirement ratio (RRR) by 1 percentage point to fuel more lending into a slowing economy. The People’s Daily said the cut will release 1.2 trillion yuan ($194 billion).
Good Q1 2015 for JP Morgan too: “this was our strongest quarter in many years with improved performance across most areas of the firm. It reflects our ongoing strategy to build platforms for growth while maintaining a prudent risk profile and disciplined expense management,” James P. Gorman, Chairman and CEO said.
Annualized return on Goldman Sachs (GS) average common shareholders’ equity (ROE) was 14.7% for the Q1 of 2015. “Given more normalized markets and higher levels of client activity, we remain encouraged about the prospects for continued growth,” said Lloyd C. Blankfein, GS’ Chairman and CEO.
“By the end of 2014, Russia’s GDP has grown by 0.6 percent – a small growth, but it is growth nevertheless. Despite the significant fluctuations on the financial market, Russia’s banking sector has demonstrated good dynamics. Overall, we concluded 2014 with a slight deficit of 0.5 percent and managed to prevent a spiraling into a major deficit,” Russian President Vladimir Putin said in his annual TV Q&A session.
In January 2015, Cyceon wrote that Marine Le Pen’s editorials and interviews in the NYT and WSJ, two of the most respected newspapers, were very significant developments. Now, Le Pen is among Time’s 100 most Most Influential People in the world in 2014. French President François Hollande is not, contrary to his counterparts Obama, Xi, Putin and Merkel.
Chinese sources said Pakistani Prime Minister Nawaz Sharif approved the purchase of 8 Chinese submarines – probably diesel-powered Yuan class, known as Type 039A or 041 – in what will likely be one of China’s most important arms deals ever, worth between $4 and $5 billion. China accounted for more than half of Pakistan’s arms purchases in recent years.
The ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05 percent, 0.30 percent and -0.20 percent respectively. A press conference with President Mario Draghi followed.
Financial results aren’t as good as some hoped they’d be but here is some good news about Netflix whose membership surged past 60 million. Netflix, which wouldn’t see HBO as a threat, is therefore strengthening its status of world’s leading Internet TV network available in over 50 countries.
Foreign direct investment (FDI) into China contrasted much with weak March 2015 trade data as it increased 2.2 percent YOY while inbound FDI was up 11,3 percent to $34.88 billion for Q1 2015.
Nokia and Alcatel-Lucent announced their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States.Get more In Brief...