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Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

U.S. Tariffs Force Chinese Factories to Halt Production and Hunt for New Markets 04/28/2025

Americans Fear Repetition of 2008 Financial Crisis as Tariff War Intensifies 04/28/2025

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World & Politics

Does Turkey-Britain alliance have a future?

Recently, British Prime Minister Theresa May visited Turkey. Last week, CIA Director Mike Pompeo has had his first international visit to Ankara, which resulted in an apparently fruitful conversation on security and trade relations between Turkey and the United States. This development is important...

Against Trump: Mexico and the European Union are stepping up cooperation

Purpose of the negotiations is to modernize a FTA agreement concluded between the EU and Mexico in 2000. Over the years, volume of European trade with Mexico has increased three-fold. The European Union and Mexico are accelerating negotiations on a new free trade zone agreement as new US president...

Nationals Of Seven Gulf Countries Are Banned To Set Foot On The U.S. Soil, Including Flight Crews

The ban on Middle Eastern travellers and cabin crews throws the airline industry in a unprepared state. Seven “Middle eastern countries” have been banned in the U.S. for travel, whereby taking the “airline industry unprepared” as the “flight crews from those states” are also denied an entry in the...

Steinmeier leaves Foreign Ministry of Germany

Frank-Walter Steinmeier has resigned from his post as head of the German Foreign Ministry. Sigmar Gabriel, former Economy Minister and vice-chancellor of Germany was appointed his successor. Steinmeier has headed the Ministry of Foreign Affairs of Germany for seven years. He left the post in...

Calling it Part of a 'Buffet of Options', White House Softens 20% Border Tax Idea

Having received widespread attention in the wake of a dispute between President Donald Trump and Mexican President Enrique Pena Nieto over plans to construct a border wall between the two countries, White House press secretary Sean Spicer clarified earlier remarks he made on Thursday about the...

May & Trump In A Crucial Talk That Is Going To Decide The Fate Of Both The Nations

NATO is the top agenda in Trump and May’s meet. The U.S. President Trump and the Prime Minister of Britain Theresa May are scheduled to meet today on the 27th of January 2017 for arriving at an “unity on NATO, Russia and trade”. It is going to be the first meet of Trump with a “foreign...

Leading manufacturers move forward with the New Plastics Economy

By 2050, there will be more plastic in the ocean than fish, says joint study of the World Economic Forum, Ellen MacArthur Foundation and consulting firm McKinsey. The new joint report has been submitted in Davos last week, and represents a plan of action to address the problem of plastics...

Obama hopes for quiet and peaceful life

After the end of his term, Barack Obama plans to spend some time in a relaxed atmosphere and contribute time to writing. He also intends to leave a space for governance for his successor, writes Reuters. 44th US president told about his future during the final press conference, where he praised...

A very expensive cashless economy

After the March 2011 earthquake and tsunami that struck the coasts of Japan, one of the most important difficulties faced by the survivors was to buy their daily groceries. Most of them had left with their credit cards and phones but those proved to be useless in a post-disaster society. A few...

Nine facts about the World Economic Forum

History of WEF stems from January 1971, when Professor Klaus Schwab of University of Geneva in Switzerland for the first time brought together business leaders and politicians to discuss prospects of European businesses in the global market. Initially, these annual meetings were called "European...