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Security vacuum’s making Libya a Failed Economy

Online since 9 hours

361 words “The question is to know how, after an intervention that took place 3 ½ years ago, there has been no thinking about what would occur after that,” said French President François Hollande ...

Still 800 million hungry people in the world

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252 words The United Nations (UN)’s World Food Program (WFP) announced that 72 countries have achieved the Millennium Development Goals (MDG) of halving proportion of hungry people. This is good news although officials talked ...

Cash Crunch, the Greek nuke against the EU

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405 words As Athens finally admitted it won’t pay the IMF in June 2015, it’s unclear whether it is because Athens really can’t or don’t want to. The words of Greek Interior Minister Nikos ...

Is the signal for Cuba valid for Venezuela?

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589 words In April 2009, US President Barack Obama had perceived positive signs from Cuba and Venezuela. At the time when Hugo Chavez was alive and President of Venezuela, Obama had believed “that the ...

Don’t forget SMEs in Business and Climate

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465 words “The human environmental and financial cost of climate change is fast becoming unbearable,” warned United Nations (UN) Secretary-General Ban Ki-Moon in September 2014. “To ride this storm we need all hands on ...

2nd phase of Africa’s smartphone wave started

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398 words It’s common to say that Africa has become one of the fastest, if not the fastest, growing markets for mobile phones in the world. According to the International Telecommunication Union (ITU), the ...

Narrow opportunity to avoid the Brexit

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469 words Financiers, investors and bankers pushed a sigh of relief when David Cameron and the Conservatives have won the latest general elections in the United Kingdom (UK) by a large margin and have ...

Towards a globalized Future of systemic crisis

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1144 words Alain Chouet, a former top ranking official with the French foreign intelligence service (DGSE), thinks one has to prepare in the future for adaptation or resistance systemic crisis inherent in globalization. If ...

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“(We want) the challenges of (the Arctic) economic development and social cohesion (to be) addressed in a creative, sensitive, responsible way,” US Secretary of State John Kerry said as the US took over the chairmanship of the Arctic Council.

War against ISISis not classic warfare, and this is not guerrilla warfare,” Iraqi President Fuad Masum said in an interview with VOA. “This is a new war, one that relies on roadside bombs, booby-trapped houses, and explosive-filled bulldozers to attack. Iraq needs time to be able to fight this type of war,” he explained.

According to Cyceon, the likelihood of a definitive agreement between Iran and the P5+1 is lower than what it was just after the Lausanne “historic agreement”, because the Obama administration has much difficulty to convince Israel and its Arab allies on the one hand, and Iran’s hardline conservatives demand “fair and positive US involvement” in the Middle East.

Besides, Wendy Sherman, the lead US negotiator in the Iran nuclear talks and the third highest official at the US State Department as Undersecretary of State for Political Affairs, will be leaving her post when the talks end.

The IRS announced that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts. This data included Social Security information, date of birth and street address.

Despite uninterrupted economic growth for 25 years and no recession following the financial crisis, Poland has voted for change by electing conservative candidate 43-year-old Andrzej Duda as its next president.

According to Iranian official sources, Japan’s Ambassador to Tehran Koji Haneda told Iran’s media that Japanese companies are currently studying the potentials to make investments in Sistan and Baluchestan.

Meanwhile, Israeli Prime Minister Benyamin Netanyahu tweeted that “as horrific as ISIS is, once Iran, the preeminent terrorist state today, acquires nukes, it’ll be a 1000 times more dangerous than ISIS.”

From a period of low growth, high inflation and shrinking production, the Narendra Modi’s government has not only strengthened India’s macro-economic fundamentals, boasted an official communiqué, but has also propelled the economy to a higher growth trajectory. India’s GDP growth rocketed to 7.4%, which is the fastest among all the large economies of the world.

The Republican-led US Senate gave President Barack Obama a victory when it passed the Trade Promotion Authority bill, the so-called “fast-track” for the TPP.

According to a report by KKR, the BRICS have endured over the past 5 years some of the greatest absolute multiple compression as investors have become disillusioned with – among other things – excessive government intervention, declining returns, weakening currencies, and unorthodox monetary policy.

“The economy is (complicated) by both internal and external factors. At the same time, (…) a change in the ruble exchange rate enhances the competitiveness of Russian goods in terms of pricing, thereby opening up an opportunity to take over new niches both nationally and internationally,” said Russian President Vladimir Putin.

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