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Sunday, 10 December 19:47 (GMT -05:00)



Business And Politics News

Trump’s Statements on Crimea Shocked Moscow


One of the key political news of the last few weeks is an unexpected turn in President Trump's rhetoric. He says that the USA is not going to cancel the anti-Russian sanctions unless Russia gives the Crimea back to Ukraine and starts deescalating the conflict in Donbass. This statement seems to be the opposite one to those he made previously when saying he wanted to make friends with Putting if possible. This statement was made by Sean Spicer, the White House Press Secretary and Communications Director for U.S. President Donald Trump.

 

 

 

 
According to President of the Committee for International Affairs under the Russian Duma, this was like a cold shower for Moscow. This cold shower has cooled the hot heads from the Kremlin thinking high of Donald Trump and seeing him as Russia’s friends.
 
At the same time, observers remind us that back in July 2016, during his election campaign, Donald Trump promised to devote special attention to the Crimea issue if elected the U.S. President. Shortly after he became President Elect, he promised several times to consider the possibility of canceling the sanction against Russia without specifying the conditions. That was the time when the Kremlin started thinking that Trump was loyal to Russia and was expecting tighter and friendlier relations between Moscow and Washington.
 
Some international observers think that the White House’s policy announced by Sean Spicer the other day testifies to the fact that Donald Trump is also capable of changing his mind when it comes to election pledges. If during the first days of Trump’s presidency, Russia was fairly optimistic about his loyalty to Putin, today it seems to be that the Kremlin will have to get realistic and avoid those ambitious expectations related to the USA.
 
And even despite the fact that Donald Trump seems to be sharing the standpoint that the annexation of the Crimea was against the international law, the experts do not expect him to turn his back on Russia regarding other important political issues. They say Trump’s current policies are nothing new since they also served as the basis for Obama’s administration as well.
 
What do sanctions mean to Trump – necessity or just a means of making better deals?
 
If at any time in the future Donald Trump wants to ease the official politics concerning Russia, he will have to cancel or at least ease those anti-Russian sanctions. The Congress may well create a law to prevent the President to cancel those sanctions at any time without the Congress’s consent. Anyway, experts believe that President Trump is unlikely to ease or cancel those sanctions since the USA promised to back the integrity of European countries, including Europe, with sanctions being a means of demonstrating this commitment.
 
Others say that while Washington may cancel some sanctions in theory, those sanctions related to the Crimea will remain intact since even if Trump thinks about it, this is still a good means to make better deals. And who would agree to abandon such a means without starting the talks?
 

 

Another important fact to keep in mind while considering the US-Russia relations is Trump’s decision to dismiss Michael Flynn, who used to advocate a more loyal attitude to Russia. Experts say that this may well hint that from now on, all of the decisions related to Russia will be made by Donald Trump himself since he is probably the only one being aware of the real price of any Russia-related decisions, and in some cases the price may be rather high.

 

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Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM

Brexit and Bank Capital Outflow

Since the Brexit referendum that took place in the United Kingdom last year, European banks have already withdrawn from the UK as much as 350 billion euros. That’s reported to be the official stats provided by the European Union, The Financial Times reports.

Publication date: 30 November 01:52 PM

Fed Will Raise Interest Rate 4 Times in 2018, Goldman Sachs Experts Predict

According to the experts working for Goldman Sachs, one of the largest investment banks in the world, the U.S. Federal Reserve is probably going to raise the key interest rate 4 times next year.

Publication date: 25 November 04:05 AM

Referendum In Catalonia May Hit Europe Harder Than Brexit

The possibility of Catalonia exiting from Spain is dangerous to the integrity of the European Union, even more dangerous than the Brexit. This is what The Daily Telegraph thinks on the matter.

 

Publication date: 01 October 04:58 AM

Trump Announced Revolutionary Tax Cuts for Americans

On Wednesday, September 27th, President Trump announced a tax reform. The thing is that Donald trump promised this tax reform when making his election pledges in 2016.

Publication date: 29 September 07:51 AM

What is so precious about Ukraine for international investors? An American businessman shares his opinion

More and more international investors have been paying attention to Ukraine as a promising area for profitable investing. Cody Shirk, an American entrepreneur, traveler and investor, is now urging international investors to look at Ukraine as a country with really great investment potential, Market Leader reports.

Publication date: 27 September 03:16 AM

China’s Debt Bubble May Trigger Another Global Financial Crisis

The Chinese economy keeps on slowing down as China’s debt bubble is growing. International experts are concerned about that. They are afraid of a new global financial crisis, Market Leader reports. The thing is, the Chinese economy is not growing fast enough anymore. Beijing has to admit the economic slowdown. The entire international expert community is now closely watching this slowdown and expressing their concerns about China’s economic prospects amid the mentioned economic slowdown and inflating debt bubble.

Publication date: 25 September 12:44 PM

Why Is German Parliamentary Election Important to Europe?

Judging by the results of several sociological surveys, the chances of electing Angela Markel for the next 4 years is fairly high at the moment. Even though there is almost no intrigue in the election, the international community has still been closely watching it, Market Leader reports

Publication date: 24 September 12:55 AM

Bitcoin Market Cap Exceeds $150 Billion

Bitcoin’s market capitalization exceeded $150 billion the other day. At the same time, the international expert community keeps on pondering upon the near-term prospects of Bitcoin and other digital currencies.

Publication date: 03 September 11:22 PM

American Sanctions Will Cut Investments In Russia

Some experts say that the next round of anti-Russian sanctions imposed a couple of weeks ago is going to undermine the Russian economy. In particular, they are threatening the investment capital inflow.

 

 
A few weeks after Donald Trump reluctantly signed the new sanctions approved by the U.S. Congress, Russian and foreign investors are still trying to figure out what the actual consequences of this decision are going to be. For now, they seem to have understood enough to be afraid of long-term negative consequences for their existing or potential investments in the Russian economy, which has just started recovering after a 2-year recession.
 
Publication date: 31 August 01:44 AM