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Thursday, 22 June 03:51 (GMT -05:00)



Business And Politics News

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.
 
Even though North Korea may still have a hard time launching those missiles and may even have no nuclear arms at all, starting a war against it is not an easy thing to do. North Korea has been getting ready for the war with the USA and South Korea for decades. Most likely the North Korean leader doesn’t hope to win the war but he wants to damage the enemies as much as possible. South Korea is a developing economy with a focus on tech and motor industries. Shelling its key industrial facilities may seriously damage the entire economy.
 
The thing is that Seoul, which is the capital of South Korea is just 40 km away from the border with North Korea, which makes it vulnerable since North Korean missiles and sells can reach and damage it. If there is a conflict, North Korea will definitely shell Seoul to damage it, and there is no information about the type and amount of the artillery located there, which is why it is hard to estimate the possible damage.
 

 

Still, the United States and South Korea clearly have much more advanced weapons to damage North Korea even more. Anyway, let’s hope that the situation won’t escalate.

 

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Fed Raises Key Interest Rate. How Will This Affect Russian Economy?

The federal Reserve has raised the key interest rate by 0,25%. According to international experts, this may well make foreign assets (including Russian ones) less attractive in terms of investing.

 

 
The decision was made as the result of the recent 2-day FOMC meeting. The interest rate was raised up to 1-1,25%. At the same time, it’s interesting to note that the actual decision matched expectations, both from the international expert community and financial markets.
Publication date: 20 June 05:12 AM

Why Did British People Punish Theresa May During Parliamentary Election?

During the recent parliamentary election in the UK, the British Conservatives failed to gain public support required to get the absolute majority in the British parliament. Now, the international expert community is discussing the reasons why Theresa May failed on her expectations.

 

 
Publication date: 20 June 03:09 AM

Why Does Trump Fail to Be a Good President?

As you probably know, the scandal around Donald Trump’s decision to fire FBI Director Comey is just one of the unpleasant incidents in his presidential career started in early 2017.

 

 
The truth of the matter is, after the investigation against Michael Flynn started, Donald Trump asked FBI Director Comey to let the investigation slide. While Director Comey didn’t dare object to President Trump openly, he didn’t do that. On the contrary, the investigation got even more intensive.
Publication date: 16 June 01:46 AM

Trump Accuses Qatar Of Financing Terrorists

Donald Trump thinks that Qatar has been involved in sponsoring terrorists in the Middle East. That said, the USA joined other nations accusing Qatar of this kind of financing. President Trump thinks that it’s time to put an end to this. However, he didn’t specify what exactly Qatar did to sponsor terrorists.

 
Publication date: 15 June 05:35 AM

Trump Is a Boomerang Russians Have Hit Themselves With

Experts say that Donald Trump is gradually turning into a boomerang launched by Russia, and the thing is, this boomerang is going to hit Russia, thereby disappointing the Kremlin instead of letting them. President Trump is turning from Russia’s hope into Russia’s disappointment.
 

 

The Kremlin celebrated Trump’s victory with champagne while today Vladimir Putin says he didn’t expect anything from Donald Trump as the next president of the United States. He moved to the White House 5 months ago, but none of his decisions was made in favor of Russia.
Publication date: 13 June 06:25 AM

Will Macron Become Anti-Trump?

 New French President Emmanuel Macron seems to be getting more popular both in France and outside. The 39-year-old President of France seems to have challenged his 70-year-old American peer.

 

 
Not so long ago, he made his TV speech in English. While some older representatives of the French people were indignant at this move since no other president in the history of France had ever dare do so, but the French youth seemed to like this.
Publication date: 12 June 01:52 AM

Google Reveals Near-Term Forecast

Google Technical Director Ray Kurzweil has revealed his forecast for the period until 2030. Previously, he also made similar prediction for the near future related to IT. Strange as it may see, most of his predictions did really become a reality. That’s why the international community has been closely watching his predictions over the last few years, even though sometimes it’s very difficult to believe that the future will be the same as he described in his forecast.

Publication date: 10 June 11:54 PM

25th Amendment Threatens Trump with Impeachment

President Trump is reported to have found himself in another unpleasant situation. To be more specific, just for revealing some top-secret information to Russian Foreign Minister Lavrov, he is now threatened with a possible impeachment. They say that the 25 amendment to the American constitution, this becomes a very likely scenario. In particular, this assumption was put forward by an advisor who used to work for George Bush Jr.

 

 
Publication date: 07 June 12:25 AM

Chinese IT Innovations as an Example for the Resto of the World

China seems to have been trying hard to revolutionize the Internet and entire IT industry through innovation. The international expert community has been seriously discussing the possibility of China setting a good example for the rest of the world when it comes to innovation.
 
Publication date: 05 June 06:04 AM

Europe Cannot Trust Trump, Merkel Says

Market Leader reports that after talking to Donald Trump, some European leaders came to a conclusion that this president is unreliable and the EU cannot trust the USA anymore while Donald Trump is in charge of the White House. This is what Angela Merkel gave everyone to understand while answering questions after the G7 summit.

Publication date: 01 June 11:41 AM