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Is the signal for Cuba valid for Venezuela?

Online since 2 hours

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 ...

Storm failed to sweep aside Russia’s economy

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301 words Less than three months ago, one would have been either crazy or intrepid to invest in Russia in 2015, after the ruble (RUB) had fallen sharply against the dollar (USD) and the ...

China, India work to build the Asian Century

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494 words Chinese President Xi Jinping has welcomed Indian Prime Minister Narendra Modi in his home province’s capital Xi’an; famous around the world for its Terracotta Warriors Museum. Modi’s visit has been an occasion ...

How does Goldman Sachs & Co. assess the Grexit?

Online since 2 weeks

466 words The endless Greek crisis has generated much comment from institutions like the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF). Their general perception, like most of ...

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US online distribution group Amazon told the AFP that it will now pay taxes in every European country where it is active. Now one may wonder to what extent previous years helped the group to prevent real competition from emerging.

Podemos, the Spanish version of anti-austerity party Greece’s Syriza, has given the Conservatives of Prime Minister Mariano Rajoy a tumble although it won in 11 out of 13 provinces. The left-wing coalition will now head cities like Madrid and Barcelona.

Our government cannot – and will notaccept a cure (austerity) that has proven itself over 5 long years to be worse than the disease,” wrote Finance Minister Yanis Varoufakis.

China’s government will cut import taxes on consumer goods by more than 50% on average in a bid to boost consumer spending.

China and Chile signed a host of cooperation deals on May 25, 2015 including a multi-billion US dollar currency swap pact.

“The problem with the Ukraine crisis emerged because Ukraine started a rapprochement with the EU in a situation where the EU categorically rejected our arguments about Ukraine’s obligations as part of the CIS,” said Russian Foreign Minister Sergey Lavrov.

The US Treasury Department has targeted an Iraqi airline, a Syrian businessman, and his Emirati company for providing support to a designated Iranian airline.

China and Colombia signed 12 agreements, including deals in infrastructure construction and more cooperation in industrial capacity. Bilateral trade has grown from $22 million in 1980 to $15.6 billion in 2014.

Structural and cyclical policies – including monetary policy – are heavily interdependent,” explained Mario Draghi, President of the ECB. “Potential growth is today estimated to be below 1% in the euro area and is projected to remain well below pre-crisis growth rates.”

China and Brazil issued a joint statement to further facilitate bilateral trade after talks between visiting Premier Li Keqiang and Brazilian President Dilma Rousseff.

Chinese professors among 6 defendants charged with economic espionage and theft of trade secrets from Avago Technologies and Skyworks Solutions for benefit of People’s Republic of China.

No permission will be given to (the opposite party to the nuclear talks) for inspecting any of the military sites as well as for interviewing nuclear scientists and (scientists in) other sensitive disciplines,” said Iran’s Supreme Leader Ali Khamenei.

Have the 4 years since the sovereign debt crisis led to nothing? German Finance Minister Wolfgang Schauble told the Wall Street Journal (WSJ) he can’t say Greece won’t default this time.

North Korea (DPRK) said it can conduct “any underwater operation with world-level strategic weapons capable of striking and wiping out in any waters hostile forces.”

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