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Tuesday, 23 May 16:31 (GMT -05:00)



Business And Politics News

Herman Van Rompuy: there is a way out from crisis


Forex news. The web-site of European Union displays a video message from EU President Herman Van Rompuy, in which he announces that another meeting of EU heads has been planned for January 30, 2012. Formally, the problem of unemployment will be the key topic of discussion, whereas in fact the issue of Eurozone debt crisis will certainly be raised.
In general, the message is rather positive: "We are to take drastic measures in the sphere of unemployment. Providing financial stability within Eurozone is of major importance for our future. This year we have made significant decisions to fight the crisis of sovereign debt. Almost all countries, members of the union, are holding reforms aimed at rising the competitiveness of our companies and strengthening public finance. There is a social way out from crisis".

As a balance to the official optimism of European Union, RBC Daily newspaper has published a translation of Nobel Prize winner in economics Joseph Stiglitz’s view on current situation. Its main idea can be summed up as "World is on the point of new chaos". Stiglitz supposes that the best thing about the expiring year of 2011 is that it has probably been better than the coming 2012.

At FOREX market EURUSD currency pair is forming a rising wave "С" of h1 level, which corresponds to sub-wave "с" within the ТР (Turning Point) of h4 level.
4th sub-wave is being formed as a part of wave "С". As soon as it is over, the current rising trend will probably continue, provided that there are no signals about its termination. In such a case, point 1.3183 will be the nearest target, as stated by the specialists of the System of Early Prediction Sub-department under the Department of Masterforex-V Trading System .

 

 

SRP Sub-department under the Department of Masterforex-V Trading System will signal about the change of the situation or trend.

 

You are free to discuss this article here:   forum for traders and investors

 

Text: Alex von Stachelkopf, expert of SRP Sub-Department under the Department of Masterforex-V TS
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Macron Will Shift the Balance of Powers in the Normandy Format in Favor of Ukraine

For those of you who don’t know, the so-called Normandy format was created to resolve the difficult situation in the East of Ukraine. France is one of the participants. As you know, Emmanuel Macron has recently won the presidential election in France. This means that he is going to become the successor to Francois Hollande as President of France, participating in the Normandy format as the French representative.

 

 
Publication date: 17 May 08:48 AM

Stratfor Gave Prediction for the next 3 Months

The other day, Stratfor released another quarterly prediction for the global geopolitical situation.
 

 

According to the report, the USA will try to settle the nuclear dispute with North Korea. Europe will be waiting for the results of the presidential election in France. Russia will dive even deeper into the local problems. The OPEC will extend the Vienna Accord aimed at cutting oil production.
 
Publication date: 10 May 10:26 AM

The Price of Defeating North Korea May Be Too High

These days, more and more experts start talking about a possible war against North Korea. However, they also say that the price of defeating North Korea may be too high for the USA and its allies.

 

 
For now, North Korea seems to have made considerable progress in creating nuclear arms, which is something that worries the entire world, especially as North Korea keeps on making harsh statements and threatening the USA, South Korea and Japan. The recent test launch of ballistic missiles in North Korea are now treated as wake-up call and real threat. Theoretically, there is a threat that North Korea may hit American military facilities located in Japan and South Korea. As the US Navy is moving closer to the Korean peninsula, international observers are talking about the possibility of another armed conflict between North and South Korea, even though both of them are still at war with each other.
Publication date: 26 April 01:16 PM

Sixteen Structural Reforms Is the Cost of the Next IMF Tranche to Ukraine

Anders Aslund, a Swedish economist and a Senior Fellow at the Atlantic Council, commented on the current and future cooperation between the IMF and Ukraine. He claims that Kiev will have to implement at least 16 structural reforms in order to get another tranche from the International Monetary Fund. He also explained why the IMF is still cooperating with Ukraine.

Publication date: 26 April 11:01 AM

Putin Underestimated Ukrainians When Invading Ukraine, Atlantic Council

American private institution Atlantic Council assumes that Vladimir Putin underestimated the Ukrainians when invading Ukraine.
 

 

They say that the hybrid war started by Russia in Ukraine has been going on for the 4th year. There were times when nobody believed that Ukraine would hold on even for 4 weeks. The thing is, the Crimea was annexed without any fight, which made international experts believe that Ukraine was weak and completely dependent on Russia. This stand point used to be popular in Moscow as well. Some Russian politicians expected a complete victory in a couple of months, but back than Ukraine was vulnerable after the revolution, which lead to the end of Yanukovich’s regime, while the temporary government was lacking legitimacy to seriously resist Russia. Back then, Russia got a chance to occupy the rest of Ukraine. Vladimir Putin seemed to be encouraged by the success in the Crimea.
Publication date: 26 April 08:37 AM

Experts on Statements Made by Russian Officials about Russian Economic Recovery

International experts have commented on the recent statements made by several Russian officials about some economic recovery in Russia. They say that the weak economic growth isn’t backed by higher standards of living in the Russian Federation.

Publication date: 23 April 02:05 AM

USA Today Names the Reasons Why the USA Is Concerned about the Situation in Ukraine

USA Today has named the reasons why the United states should be concerned about the armed conflict in the East of Ukraine.

 

Previously, US Secretary of State Rex Tillerson asked his European colleagues why American taxpayers should be concerned about the situation in Ukraine. The answer came from his French colleague, who said that the United States should be interested in a strong Europe. On top of that, there are some other reasons why the USA shouldn’t stop thinking about Ukraine.

Publication date: 21 April 12:00 PM

Trump's Plan on Syria: Russia to Stay in Syria, Asad Has to Leave

At this point, several media sources, including Associated Press, report they know the details of the offer brought by Rex Tillerson to Moscow during his official visit. Now, everyone seems to be wondering what exactly Rex Tillerson and Sergey Lavrov discussed during their meeting in Moscow.
 

 

First of all, the sources claim that the USA is ready to unite forces with Russia to destroy the ISIS once and for all. Secondly, Bashar Asad has to quit anyway. He will be even allowed to go to Russia or Iran to avoid prosecution. Thirdly, a temporary government need to be established in Syria to back stabilization and holding a democratic election in Syria. Russia can stay in Syria to back security but they shouldn’t interfere with the local politics.
Publication date: 18 April 11:34 PM

Today's Russia-US Relations Are Worse Than During Obama’s Administration

At this point, the bilateral relations between Moscow and Washington are even worse than they used to be during Obama’s administration. This is what President Putin thinks on the matter.

 

 
Even though the Russian president thinks so, he hasn’t commented on the details of this degradation in the bilateral relations between the 2 superpowers. He assumes that the level of trust between the United States and the Russian Federation has dropped, especially on the military level.
 
Publication date: 18 April 11:05 PM

Will North Korea Become Another Syria for the USA?

The latest events in Syria made many international observers change their mind regarding President Trump. The current conditions also show that getting rid of North-Korean leader Kim Jong Un may also become a major goal for President Trump.

 

 
The news that U.S. aircraft carrier Carl Vinson suddenly reversed and moved to the Western part of the Pacific Ocean in the direction of the Korean Peninsula attracted the interest of the international community. Given the 59 missiles launched to hit a Syrian airbase a couple of weeks ago, this maneuver of the aircraft carrier does raise a lot of concerns.
Publication date: 18 April 03:29 AM