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Tuesday, 25 April 00:29 (GMT -05:00)



Business And Politics News

Europe Is getting Ready for Euro Disintegration, Stratfor Reports


This is going to be a decisive year for the entire European union and the Eurozone. Starting from the next month and through September 2017, we are going to see a series of elections in France, Germany and the Netherlands. International experts say that those elections will decide the future of the common European currency as we know it. By the way, Italy may also hold a similar election in late 2017.
 

 

 

 

Amid such an uncertainty, the Eurozone’s key participants are already taking steps to secure themselves against possible financial misfortunes. Stratfor experts have just released a report explaining the existing and future risks for the Eurozone.
 
The Italian government seems to be hanging by a thread. However, whenever the government decides to hold an election, almost half of the electorate seems to be supporting the parties willing to quit the Eurozone for good. If that’s the case, this is definitely going to undermine international markets, not to mention Eurozone economies themselves. The worries re going to grow over time. The thing is, some representatives of the Democratic Party of Italy claim to have created a whole new party. The National Front of France is also planning to hold a referendum to quit the Eurozone.
 
At the same time, the experts believe that no Grexit (stands for Greek exit) will seriously affect the Eurozone’s stability. Still, the Grexit has become more probable today. Athens promised to implement the unpopular economic reforms required to get another tranche from the lenders. Some of those reforms touch upon very sensitive questions, which may trigger social instability on Greece. At the same time, the coalitional government now represents an insignificant amount of seats in the Greek parliament, which is another major reason why the current government may collapse. An early election in Greece may turn into a referendum to quit the Eurozone. While Greece owes most of its debt to international lenders, a Grexit is not expected to become something challenging for the Eurozone unlike something it could have been5 years ago. Anyway, this could create the sol-called domino effect and spread over other Eurozone members like Italy and Spain . if happening shortly after the Brexit, the Grexit may cause instability in the Eurozone and even affect the forthcoming elections.
 

 

This is why some Eurozone members have already started studying alternatives. For example, not so long ago, the Netherlands started studying the relations with the Euro. The thing is that the local authorities are worried that the ECB’s policies may seriously affect Dutch pensioners and bank depositors. The recently started research is expected to clarify the situation an even to provide the ways to quit the Eurozone with the least amount of pain possible. The very fact that such research was started indicates how serious the governments are about the problem. This also means that they do believe in the likelihood of a Eurozone crash. For now, the political and financial future of Europe seems to remain unclear.

 

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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

OPEC's Average Oil Price Raises to $53,67

The average price of a barrel of the crude oil produced by the OPEC is reported to have gone all the way up to $53,67. This is confirmed by the cartel’s official website. This happened yesterday. At this point, the price has retraced a bit and is currently trading around $53,36/b, Market Leader reports.

Publication date: 13 April 07:54 AM

Brexit Will Split UK. Scotland’s Getting Ready for Another Referendum

The Scottish government is reported to have initiated another referendum dedicated to quitting the United Kingdom.
 

 

The whole point is, Scotland wants to stay a part of the European Union. Given the fact that being also a part of the United Kingdom, Scotland will also have to quit the EU together with other UK fellow members.
Publication date: 13 April 01:23 AM

Tillerson Brings Russia an Ultimatum on Syria

Rex Tillerson offered Vladimir Putin to betray Bashar Asad. The US Secretary of State came to Moscow with an ultimatum, experts report. At the same time, we are now witnessing an unprecedented situation. The thing is, this is the first time, a high-ranking politician representing a superpower comes to Moscow without knowing whether he is going to meet with the Russian President.

Publication date: 12 April 03:44 AM

USA Won't Make a Deal with Russia at the Expense of Ukraine, Tillerson Says

According to several Western media sources, United States Secretary of States Rex Tillerson had a phone talk with Ukrainian President Poroshenko yesterday, right in advance of his visit to Moscow.

Publication date: 11 April 09:46 PM

German Government Hopes That Moscow Reconsider His Attitude To Bashar Asad

The German government still hopes that the recent events happening in Syria will help Russia make the right decision. In particular, Berlin hopes that Moscow will stop supporting Bashar Asad in the Syrian conflict.  
 
Apparently, no one in Germany or the entire EU is surprised with the Kremlin’s hostile reaction to America’s missile assault on a Syrian airbase belonging to Asad’s troops. Moreover, it would be a surprise to see Moscow show another reaction to the USA’s decision to shell the airbase in Syria in response to the fact that Bashar Asad used chemical weapons, which led to massive deaths of civilians including children.
Publication date: 11 April 10:35 AM