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As the coronavirus pandemic advances worldwide coming to the fore is the ability of economies to hold out against an increasingly likely global recession. Throughout the past year, a number of economists predicted a deterioration in international and country situation in 2020. However, at that moment, the researchers cited “classical” macroeconomic reasons for such a recession - the trade war, the slowdown in leading economies, the growing “bubbles” in stock markets, factors of cyclic nature.
  • Category: Analytics |
  • Date: 17-04-2020, 12:36
  • Views: 255
The collapse of the OPEC+ deal, coupled with a drop in demand amid the raging coronavirus pandemic, has sent tectonic shocks across the global oil and gas markets. Simultaneously, attacks on the Nord Stream-2 gas pipeline project have intensified again. The global demand for oil had started to decline well before negotiations on the possibility of OPEC+ extension got under way in Vienna at the beginning of  March. The decline was due to the pandemic and warm winter.
According to US media reports, the incumbent President Donald Trump has secured enough Republican Party support to launch a re-election campaign. Meanwhile, unexpectedly for observers, former Vice President Joe Biden has in recent weeks achieved impressive results in the race for being nominated the Democratic candidate. Although the campaign within the Democratic Party is not over yet, the chances of the former vice president are becoming more tangible. What are the views of the most likely contenders for the presidency?
  • Category: Experts |
  • Date: 31-03-2020, 12:18
  • Views: 264

With the number of cases of coronavirus spreading in multiple countries around the globe, the outbreak has already been labeled a pandemic by the World Health Organization (WHO). Global economic relations have been hit hard by the virus, and demands for making the West less dependent on supplies from third countries are getting louder. What impact could the COVID-19 pandemic have on the globalization process?

In an article published on the Washington-based website The Hill, Richard Sawaya, vice president of the US National Foreign Trade Council, writes about the serious damage that the anti-Russian sanctions are causing to America’s business interests. Richard Sawaya is also convinced that the irresponsible use of sanctions actually undermines the United States’ leading role in the realm of "international finance." The US business community and experts have been talking about the disastrous impact of the US-imposed unilateral sanctions on the United States itself since at least the 1990s, when these sanctions were already reducing the US’ share of a number of important export markets and resulting in up to $1 billion dollars’ worth of wage losses for US company employees.
On February 5, the US Senate found President Donald Trump not guilty of actions which could be classified as requiring his removal from office. All Republican Senators, who have a majority in the house, except Mitt Romney, turned down both charges against the president which accused him of "abuse of office" and " obstructing Congress work." That impeachment is not the option was obvious to any Washington insider from the very beginning. To remove Trump from office it was necessary to enlist the support of two thirds in the Senate, which is unrealistic at the moment.
  • Category: Experts |
  • Date: 17-02-2020, 10:09
  • Views: 342
On January 31, the United Kingdom left the European Union, after three years of exhausting negotiations in which the terms of the "divorce" were postponed several times. Now, Britain is setting sail free. A staunch supporter of the exit, Prime Minister Boris Johnson claims that breaking away from the EU will “liberate the country from a terrible" yoke "." Johnson promises the British "a decade of prosperity and opportunity." A major advantage to the breakaway is believed to be the prospect of a new rapprochement between Britain and the United States. How realistic are these expectations?
  • Category: Experts |
  • Date: 6-02-2020, 15:50
  • Views: 392
The head of the International Monetary Fund, Kristalina Georgieva, has warned that the global economy risks a return to the Great Depression. Speaking at the Peterson Institute of International Economics in Washington, she referred to IMF experts, who compare the current economic trends to the situation that existed at the close of the 1920s and culminated in the great market crash of 1929. Georgieva pointed to inequality and financial sector instability as the main reasons for the growing threat to global economic stability.
The impressive victory scored in last spring’s parliamentary elections in India by Prime Minister Narendra Modi inspired numerous comments about the start of a new stage in the development of one of the largest countries around. However, the spate of dramatic events that have since happened in India has drawn attention to the negative trends in the world’s second most populous nation.
  • Category: Analytics |
  • Date: 14-01-2020, 10:17
  • Views: 530
In the fall of 2019, Democratic Speaker of the US House of Representatives, Nancy Pelosi, went on record saying that competition for resources was turning ecology into a national security issue. A growing number of politicians and experts share her opinion. While most countries worldwide take a “mixed” picture of the consequences, upsides and downsides of global warming amid an ever-growing rivalry between states, the environmental idea is becoming a convenient and attractive tool to discredit opponents.
  • Category: Experts |
  • Date: 9-01-2020, 12:12
  • Views: 395