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Saturday, 21 October 20:45 (GMT -05:00)



Business And Politics News

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.

 

 

 

 
According to ex-prime Minister of France Manuel Valls (born to a Catalonian father), if Madrid allows Catalonia to hold an independence referendum scheduled for October 1st, mostly likely most Catalonians will vote for independence. If that’s the case, this will be the end of the European Union.
 
At the same time, the situation will aggravate if Madrid uses force. Some Spaniards still remember the Civil War in Spain in 1936-1939, and the Catalonian politicians remind the people about that with photos and videos to promote the idea of gaining the independence from Spain .
 
The Spanish government should have focused on the political methods. For example, they could have offered Catalonia wider autonomy – like banks, with their own budget and tax system. At the same time, The EU is waiting and passively supporting Madrid without interfering in Spain ’s internal affairs.
 
Apparently, the problem won’t go anywhere and needs to be resolved. For now, Madrid and Barcelona have been exchanging warnings. While Barcelona promises they will never forget and forgive Madrid for the past, Madrid promises to create and economic border with Catalonia and prevent it from entering the EU as a separate unit.
 
In the meantime, the Spanish police keep on exempting the papers for the referendum. A couple of days ago, they arrested 2,5 million bulletins, around 4 million envelopes, and 100 ballot boxes.
 
 

 

 

 

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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

New U.S. Sanctions Against Russia Will Result In Geopolitical Changes

Political expert Lilia Shevtsova commented on the new sanctions against Russia imposed by the United States. She claims that the geopolitical situation in the world is going to change in the near future due to the sanctions.

 

She claims that introducing those sanctions was like a surgery. As the result of this surgery, the USA got rid of a foreign body. After that, Washington is probably going to reset their foreign policy. However, nobody can definitely say what exactly this event is going to result in. But one thing is sure – something is definitely going to change in the world order, and this creates certain threats for Russia.

Publication date: 28 August 03:32 AM

New Sanctions Against Russia Will Last Long

Russian political expert Leonid Shvets commented on the new round of anti-Russian sanctions. For starters, he claims that Russia has already turned into America’s biggest enemy. The thing is that the new law signed by Donald Trump not so long ago is designed to fight America’s enemies with the help of sanctions. North Korea and Iran are also on the same list.

 

 
Publication date: 28 August 01:02 AM

New Sanctions Will Hit Putin Personally, Piotrovskiy Says

This time, American sanctions are going to hit even Vladimir Putin himself, Andrey Piotrovskiy says. He says that the devil is in the detail. The thing is that the new sanctions approved by the U.S. Congress and signed by Donald Trump (even though he was against those sanctions), obliges the U.S. financial intelligence to provide the Congress with the information on all the known and probable assets belonging to the all the high-ranking Russian politicians, including Russian President Vladimir Putin. With that being said, it’s not accidental, that Putin is mentioned several times in the document.
 
Publication date: 27 August 11:35 AM

Russia Loses Ground in Energy Market

Washington is planning to increase the export of natural gas to Europe, which is expected to diminish Russia’s role as a major natural gas exporter to the European region. Experts say, that the policy aimed at expansion is now aimed at retaining the existing position in the European energy market.
 

 

For those of you who don’t know, Donald Trump signed a decree aimed at making America an energy superpower. As a part of this announcement, it was decided to expand the export of natural gas to Europe, which is also expected to reduce Europe’s dependency on Russian natural gas. At the same time, the U.S. government may cause extra troubles to Gazprom by means of sanctions.
Publication date: 22 August 11:47 PM