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Sunday, 25 February 05:57 (GMT -05:00)



Business And Politics News

Marine Le Pen's Victory Will Destroy EU, Stratfor Says


The year of 2017 is seen by the international expert community as the year of crucial changes determining the long-term fate of the entire European Union. Apparently, the forthcoming elections in Germany and France are going to be the key political events determining this fate, Market Leader reports.

 

 

 

 
Stratfor decided to investigate into the matter as well. The local experts believe that the forthcoming elections in Germany and France are indeed going to be very important for the EU. The thing is, these are the two strongest and most influential economies in the European Union, which is why everything related to them is very important for the rest of the EU.
 
As for the presidential election in France, the experts are really afraid of the scenario in which Marine Le Pen wins and becomes the next President of France. If that’s really the case, the say this is going to be the end of the European Union as we know it. They say this is also crucial for the fate of the Russian-Ukrainian conflict in the east of Ukraine. Since Marine Le Pen visited Russia and met with Vladimir Putin a couple of days ago, she is clearly advocating the idea of tighter cooperation and friendlier relations between Russia and France, which is a nightmare for the existing political forces in the EU in general and France in particular. If the presidential elections in France and Germany allow the opposing forces to come to power, the experts are afraid that this may lead to a less united Europe, with national interests prevailing over the European ones. If so, this is expected to put an end to the European integration.
 

 

While the chances of such a scenario in Germany are low, the experts see the results of the presidential election in France as the key challenge to the European integrity. If Marine Le pen wins the election, Russia will get a chance to split the EU and weaken the union while strengthening its position in Europe. The experts say that Russia hopes for disintegrating the EU and make it cancel the sanctions.

 

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Any Brexit Scenario Will Damage the British Economy

In practice, there can be multiple Brexit scenarios, i.e. the scenarios of how the United Kingdom will exit the European Union. Experts say that almost any scenario will damage the British economy to some extent. Moreover, there will be some economic damage to both the UK, the USA, and the EU.

Publication date: 25 December 02:48 AM

The Era of Cheap Money from Central Banks is Over

According to two major investment banks – Citigroup and JPMorgan, the days of cheap money and low interest rates are nearly gone after almost 10 years since the last global crisis. They warn us that major central banks around the globe (including the ECB, for example) are going to start toughening their monetary policies in 2018 at the fastest pace in 12 years.

Publication date: 25 December 02:05 AM

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