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Thursday, 19 January 08:53 (GMT -05:00)



Business And Politics News

Obama Calls Not to Make Hasty Conclusions About Trump's Policy


President Obama call the international community to avoid making hasty conclusions when it comes to President-Elect Trump’s future policies. He thinks that it’s important to avoid any premature conclusions and give the new president a chance to collect a team of experts and show the world what they all are capable of. This statement was made during the recent summit in Peru.
 

 

 

 

President Obama underlines that the way candidates often run their election campaign doesn’t coincide with the way they run the country as new presidents. During the election campaigns, candidates are trying to touch the electorate’s feelings, he says. However, later on, each president-elect faces a new reality and has to figure out how to deal with it properly.
 
Barack Obama underlines that Donald Trump has already showed the USA’s commitment to the NATO. At the same time, there are no reasons to expect any serious changes in the USA’s attitude to Latin America.
 

 

At the same time, Barack Obama highlights the fact that the U.S. president is not the only person running the country and defining the domestic and foreign policies. There are secret and military services, diplomats, as well as the Congress and other bodies. This makes the United States and irreplaceable super-power when it comes to maintaining the world order.

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Previously, the international community used to be concerned with Donald Trump’s victory, especially Western European allies, since they used to be afraid that the President-Elect was going to change his commitment to the NATO. The thing is that during his election campaign, Mr. Trump was promoting the idea that the NATO is an outdate military alliance. However, the NATO deiced to give President-Elect trump some time to decide on the USA’s policies.

 

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Why Did Trump Decide to Defend Putin?

As Barack Obama is leaving the White House, the relations between Moscow and Washington are getting tenser. In this situation, President-Elect Trump is acting as Putin’s advocate.

 

 
For those of you who don’t know, Barack Obama expanded the sanctions against Russia in late 2016 as a respond to Russia’s cyber-attacks in advance of the U.S. presidential election won by Donald Trump. Obama’s decision implies further confrontations between the Kremlin and the U.S. Democrats, including Obama’s administration and American secret agencies.
Publication date: 18 January 07:09 AM

Trump Hates Democratic Standards, That’s Dangerous for the Entire World, Foreign Policy Expert Says

After the end of World War II, the international community started spreading democratic standards across the planet. The USA seems to have been the leader in spreading democracy around the world, at least until recently. Now many experts are concerned that the situation may change because of the fact that Donald Trump is about to become President of the United States.

 

 
In his speeches, President-Elect Trump questioned the democratic world a number of times. They are afraid that if he makes the USA stop fighting for justice, mutual respect, and peace in the entire world, many of those dictators in various parts of the world may get greater freedom and power, and may start threatening weaker nations.
Publication date: 18 January 05:03 AM

Trump's Isolationism Policy May Lead To Major Conflict, Roubini Says

Nouriel Roubini, a world-famous economist who predicted the 2008 global crisis, expressed his opinion on how Trump’s isolationism policy may affect the entire world.

 

 
First of all, Donald Trump’s victory during the latest presidential election in the USA is not just a populist attempt to react to globalization. Chances are, the very “Pax Americana” is coming to an end. For those of you who don’t know, this is a system led by the Western community based on free exchange and collective security and created by the USA and its allies after World War II.
Publication date: 15 January 06:30 AM

Trump Will Need Revolutionary Methods to Make America Great Again, Experts Say

It’s not a secret that Donald Trump has been the focus of international mass media ever since he decided to participate in the 2016 U.S. presidential election and eventually won it to become the 45th President of the United States.

 

 
For those of you who don’t know, President-Elect Trump promised to make America great again. If to take a closer look at his ambitious plan he is going to implement, it becomes clear why the current American political elite started accusing him of sexism, racism, and even fascism, not to mention other accusations.
Publication date: 13 January 06:12 AM

London Doesn't Know What To Do After Brexit

The United Kingdom seems to have already recovered from the shock triggered by the results of the Brexit referendum in June 2016. At this point, the British authorities are busy getting ready for quitting the European Union for good.
 

 

British Prime Minister Theresa May promised to appeal to Article 50 – the legal mechanism of quitting the EU. This is likely to happen in March 2017. She got a round of applause for saying that during the party conference. This means that even the High Court’s detailed investigation into the referendum results won’t prevent her from triggering the Brexit process. 
Publication date: 11 January 03:07 PM

New Global Crisis Is Coming, Some Experts Say

 

The very fact that more and more populists are getting integrated into the political elite all around the world is a sign that a new global economic and financial crisis is round the corner. Apparently, this is not the reason why the crisis is coming. This is just an indicator telling us just that.

 

Yet, this is not about Western Europe alone. Over the last few years, populism has become the world’s most popular political trend. But the question is, can we talk about one and the same phenomenon with common roots or can we say that the so-called global populism is nothing but fiction?

Publication date: 05 January 07:14 AM

Ukraine's 48 Achievements in November 2016

November 2016 happened to be full of good news and achievements for Ukraine and its economy. No months of the year goes without such achievements. The situation seems to be changing for the better on a regular basis.
 
In November 2016, the Supreme Military Court at The Hague recognized the Russian takeover of the Crimea on 2014 a military conflict. The Ukrainian were looking forward to Russia’s reaction to this court decision. At the same time, the Ukrainian government simplified the conditions for conduction a business in Ukraine. However, there was a pause in the Ukraine-IMF talks due to the government’s inefficiency in fighting corruption to get a loan. Along with political changes in Ukraine, there were some economic changes as well. Let’s take a closer look at them:
Publication date: 29 December 01:19 PM

Italy Throws Europe Into Uncertainty Period

For those of you who don’t know, during the recent referendum in Italy, the Italians voted against the constitutional reform offered by Premier Minister Matteo Renzi. This resulted in him wanting to resign his post. This means, that Italy is about to face a period of uncertainty, with either reformatting the government or early parliamentary elections.

Publication date: 15 December 08:47 AM

Trump’s Victory Won’t Bring Russia Any Good, Expert Says

According to Steen Jacobsen, chief economist for Saxo Bank, Donald Trump’s victory doesn’t necessarily mean that the Russian economy is going to benefit from that.

 

 
Mr. Jacobsen assumes that those who say that Donald Trump’s victory is a nightmare for America are completely wrong. His victory showed an urgent necessity of radical changes in the USA. Today, the USA is living in a world with the lowest labor productivity, the highest social inequality, the lowest interest rates and inflation, and the most inflated stock market in history.
If the latest U.S. presidential election had been all about candidates' personalities, and politics, neither Donald Trump, nor Hillary Clinton would have managed to become even candidates.
Publication date: 07 December 07:32 PM

During Trump's Presidency, Global Economy May See Stagflation, Bank of America Says

Bank of America warns after Donald Trump’s victory in the presidential election, over 20% of international investors are expecting stagflation in the global economy in the near future.

 

 
To be more specific, the recent survey conducted by the bank shows that 20% of 177 portfolio managers running over 456 billion dollars in assets assume that the global economy is going to fall into stagflation within the next 12 months.
Publication date: 05 December 09:20 AM