... is far better,” The Economist suggests, “to make a careful exit [from the ‘fantasyland’] now than to wait for the illusion to come crashing down.”
picture alliance / CFOTO
The respected newspaper predicts that the world economy will face a crisis, and no one could disagree in essence. But will the ‘fantasyland’ only pertain to fiscal matters? What non-financial consequences can accompany an impending crisis?
Certainly, the dynamics of the crisis cannot be predicted as thousands of factors ...
This November 21 marked the 10th anniversary of the tragic events at Maidan Square in Kyiv, which actually were the starting point for the current Ukrainian crisis
This November 21 marked the 10th anniversary of the
tragic events
at Maidan Square in Kyiv, which actually were the starting point for the current Ukrainian crisis. Just a few months later in February 2014, the democratically elected president ...
Throughout the years, France has maintained an interest in the South Caucasus, as is reflected by its membership in the OSCE Minsk group, alongside the US and Russia, aiming to help find a solution in the Nagorno-Karabakh conflict. It is thus important to analyze the reasons and objectives behind Paris mediation efforts between Armenia and Azerbaijan, as France is the only EU country that has been a member of OSCE Minsk Group since 1997.
Source: Daily Sabah
France-Armenia and France-Azerbaijan Relations...
... discriminated against on several levels, for example, in the provision of municipal services to the population. The Palestinian people's desire is to have equal rights and peaceful coexistence with the Jews[14]”.
Both sides want peace despite the crisis in governments, external challenges and threats to security. “Today, Israel is still close to peace with the Palestinians. The issue what is Israel willing to give in exchange for peace and what will Israel get in return? It is possible to find ...
... United States and other Western countries again focused on the implementation of the so-called Istanbul Agreements. And Russia, which suspended its participation in the mechanism for several days, is once more being accused of provoking a humanitarian crisis and famine in developing countries.
However, no one seems to take note that the reason for our decision, which has since been reversed, was an
attack on the ships and port infrastructure
in Sevastopol by Ukrainian drones. The assault was set up ...
Russian economic growth has underperformed the global average almost every year since the 2008-09 financial crisis
Russian economic growth has underperformed the global average almost every year since the 2008-09 financial crisis. But it’s far from a homogenous pattern: in fact, since 2017, there has been a pronounced trend toward increasing divergence ...
... the current economic system and while the question of attempting to avoid severe crises in the future will invariably feature in economic policy debates, the more realistic question on the agenda is whether it is possible to exploit the potential of crisis episodes to spur innovation. Indeed, the response of the business community to the unique conditions in the global economy elicited a significant capability to meet the challenge of the pandemic via adjusting to changes in demand. Airline companies ...
Perhaps the current crisis will contribute to transformation of the world economic benchmarks towards the prioritisation of the development of “human capital”, particularly healthcare and education
Perhaps the current crisis will contribute to transformation of the ...
After several unprecedented global downturns in a little more than a decade, amid the reigning global crisis and the spectre of a second wave of the pandemic delivering renewed blows to global markets, is it at all conceivable to imagine a world where there is no place for such crises? It almost seems as if now crises are seen as an inevitable and perhaps ...
While the crisis, caused by the spread of coronavirus is not all over yet (and unlikely to be for quite some time), we will be moving along the curve, with experience which may expedite the process of transformation and transition to a new market model, writes ...
