Online since 23 hours
247 words “March 31st is the deadline. It has to mean something and the decisions don’t get easier after March 31st,” State Department spokeswoman Marie Harf said, giving the talks a 50-50 chance of success to reach an agreement on the ...
Online since 2 days
210 words “If underlying conditions had truly returned to normal, the economy should be booming,” Federal Reserve (Fed) chair Janet Yellen said. The US economy has successfully recovered for several years. Unemployment now stands at 5.5 percent, the lowest level in ...
Online since 5 days
329 words In recent years, Arctic waters have drawn growing attention on behalf of several governments, particularly Russia, Canada and the United States. Thanks to its supposed large natural resources, the Arctic has become a major geopolitical and national security issue. ...
Online since 6 days
200 words Every year, Russian President Vladimir Putin presides the Federal Security Service board meeting that reviews the results of the operations carried out in the previous year and sets up the priority targets for the present year. Putin started his ...
Online since 6 days
175 words A markets’ correction may be in the beginning stages. Both US and European markets followed a same bearish trend for one week with, for instance, the German DAX30 topping on March 16, 2015 at 12,220 points. Also, the NASDAQ100 ...
Online since 7 days
332 words Two months ago, the Shiite Muslim rebellion of the Houthis – the “Partisans of God” – had made great strides in controlling most strategic places of Yemen’s capital Sanaa. The so-called consensus allegedly reached at the time between the ...
Online since 1 week
230 words The relations between Germany and Greece have reached an unprecedented low point since WWII. The former demanded the latter to undertake structural reforms, build a solid budget and run a functioning administration if it seeks any further financial aid. ...
Online since 1 week
245 words Russian President Vladimir Putin has dreamed of setting up a new financial order which would depose the US dollar as the international currency. His Chinese counterpart Xi Jinping might be making the dream come true. In the United States, ...
Online since 2 weeks
308 words “We expect the Prime Minister of Greece to attend the (36th) celebrations” of the WWII Russia’s victory in Moscow, Foreign Minister Sergey Lavrov said. Just ten days after Alexis Tsipras took office, Russian President Vladimir Putin invited the newly-elected ...
Online since 2 weeksGet more Articles...
262 words “One of the key problems today is that politics is such a disgrace, good people don’t go into government,” once wrote Donald Trump, billionaire real estate developer and host of reality show “The Apprentice”. World famous, strong with assets ...
“We do not agree with sanctions (against Russia). I believe that this is a road to nowhere. I support the point of view that there is a need for a dialogue and diplomacy, we should sit down at the negotiating table and find the solutions to major problems,” Greek Prime Minister Alexis Tsipras said.
Student loans may emerge as a global threat to America’s economy. According to the Chicago Tribune, around 100 students seek to “pressure the government into forgiving their student loans.” Teaming with Occupy Wall Street activists, they – the “Corinthian 100” – affirmed their college broke the law.
Saudi Arabia and Gulf region allies – Qatar, Bahrain, Kuwait and the UAE – launched military operations including air strikes in Yemen against Iran-backed Houthis. “The operation is to defend the legitimate government (of President Abd Rabbuh Mansur Hadi),” Adel al-Jubeir, the Saudi envoy to the US, told reporters. Oil prices increased quickly.
China unveiled ambitious plans to upgrade manufacturing power. The implementation of the “Made-in-China 2025” strategy will be accelerated, Premier Li Keqiang announced. This will be key to helping China maintain economic growth at a medium-to-high level and to move up the global value chain, a communiqué said.
“I think reconciliation between what markets think and what the committee thinks will have to happen at some point, (…) that’s a potentially violent (encounter) … and I am concerned about that,” Fed policymaker James Bullard told reporters at London’s City Week financial conference.
“Inflation hit zero for the first time, pushing Britain closer to deflation (…) the falling cost of bread, a beer or petrol does impact the housing market (…) if deflation goes on for a fraction too long it can flip a switch in (UK’s) housing market,” Anna White, The Telegraph’s property correspondent wrote.
“We will not accept a bad deal. Our diplomatic engagement with Iran has already delivered concrete results. (…) We know Iran is living up to its commitments so far because (…) we have gained unprecedented access to Iran’s nuclear program,” White House Chief of Staff Denis McDonough said after reports accused Israel of spying on US diplomatic activities as regards Iran.
“Labour will make us as bad as France,” conservative UK Prime Minister David Cameron said. As the national election campaign is approaching its full swing, Cameron said the Labour leader Ed Miliband wanted “to follow the same path as the French government,” namely “catastrophic job losses, a drop in the quality of life, debt to make us weep, and a massive fall in all hope for the future.”
A rate hike “likely will be warranted before the end of the year,” US Fed Vice Chairman Stanley Fischer said. Moreover, “a smooth path upward in the federal funds rate will almost certainly not be realized,” Fischer added.Get more In Brief...