Originally posted on Global News:
BRUSSELS – European Union leaders have agreed to relocate 40,000 migrants from Italy and Greece to other EU countries over the next two years, in an effort to share the burden of a growing migrant crisis. WATCH: Canadian doctor taking part in mission to rescue migrants EU President Donald Tusk said…
Russia declared that it has begun work on a helicopter carrier similar to a Mistral and provided a few interesting details. Little analysis. By Dimitri Halby The assault vessel named “Pyotr Morgunov” is being built in St. Petersburg’s Yantar shipyards and is supposed to “join the navy in 2018 after the completion of construction and all … Continue reading
Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two … Continue reading
Russia has lifted a ban on deliveries of its advanced anti-missile system to Tehran on Monday, according to a statement from the Kremlin. The lifting of the ban is in wake of progress that was made during the Iran nuclear talks over a week ago, which paves the way for the international community to gradually lift sanctions from the … Continue reading
The Obama administration, much to its embarrassment, in recent weeks has been spurned by its Western allies that have flocked to the $50 billion Chinese-led Asian Infrastructure Investment Bank (AIIB) — a potential rival to the Western-led IMF and World Bank — despite pleas from the White House to stand back amid concerns that Beijing will extend its influence in the … Continue reading
A cargo train has just completed its maiden round trip journey of 16,156 miles on the world’s longest railway line that connects China to Spain and hopes are high that the new rail link will boost trade, according to an article on The Independent. The new Yixin’ou rail line spans from China and runs through Kazakhstan, Belarus, … Continue reading
Vladimir Putin met with President of the Senate of France Gerard Larcher at his Novo-Ogaryovo residence outside Moscow. By The Kremlin PRESIDENT OF RUSSIA VLADIMIR PUTIN: Good afternoon, Mr Larcher, friends. We are very happy to see you here. It is a pleasure to see that relations between France and Russia, particularly thanks to our … Continue reading
Investment in the euro area, and particularly private investment, has not recovered since the onset of the global financial crisis. By Bergljot Bjørnson Barkbu, S. Pelin Berkmen, and Hanni Schölermann In fact, the decline in investment has been much more drastic than in other financial crises; and is more in line with the most severe of these crises … Continue reading
By Michael Ben-Gad Ever since Greece elected its new Syriza government, there has been growing talk of Greece defaulting on its debt and leaving the eurozone. I’ve been arguing that once Greece achieved a primary budget surplus it would default on its debt since late 2010, when Greece was negotiating its second bailout. This might not … Continue reading
Vladimir Putin met in Sochi with President of Belarus Alexander Lukashenko. By The Kremlin PRESIDENT OF RUSSIA VLADIMIR PUTIN: Mr Lukashenko, I am very pleased to have this opportunity to meet and discuss our bilateral affairs and development of the integration process between Russia and Belarus within the Union State and also within the new … Continue reading