A strong economy is particularly important for Taiwan, as its political autonomy is heavily dependent on economic stability. Taiwan’s Directorate-General of Budget, Accounting and Statistics projects 2014 economic growth at 2.82%, which would represent a 3-year hi...

On July 15th leaders of the BRICS nations have agreed to establish a New Development Bank (NDB) while attending the group summit in Fortaleza, Brazil. This announcement has cause extraordinary attention all around the world, marking the undeniable significance for the f...

Corruption everywhere inhibits economic growth and hinders the development of the private sector. Research conducted by the World Economic Forum (WEF) shows that 67 of 144 states have named corruption as one of the three major obstacles to doing business in their countr...

Real estate is playing an increasingly important role in global investments, and wealthy people are looking for new alternative areas for investing their capital. Internationally important cities remain the most popular and safest places for purchasing real estate asset...

Recently there has been more and more talks about the fact that the unprecedented growth of the Chinese economy is slowing down, and soon the country will lose its economic attractiveness. However, already in November 2013 Chinese leaders worked out a number of reforms ...

The South Stream project is a very topical issue, as it determines Europe′s prospects for energy security. Not so long ago, the project was subjected to considerable criticism from the heads of some European countries, largely due to the political crisis in Ukrain...

On June 27 the EU signed an Association Agreement with three post-Soviet states: Ukraine, Moldova, and Georgia. Traditionally, the EU uses Association Agreements to strengthen economic ties with countries outside the Union. The EU simplifies trade and harmonizes certain...

In the previous issue we wrote about one of the most ambitious U.S. integration projects: the Trans-Pacific Partnership (TPP). Given the growing importance of the Pacific region in the world economy and politics, the creation of a free trade zone under the leadership of...

The global economy is experiencing the most serious test of its strength since the end of World War II. It is obvious that the old system is now gone. The bets have been placed: Russia is trying to lead the bloc of developing economies, and the goal of the U.S. is to su...

Two and a half years ago, when the last coalition forces left Iraq, U.S. President Barack Obama said that Americans were "leaving behind a sovereign, stable and self-reliant Iraq." But today jihadists are tearing the country apart, having taken several major cities in t...