Search: Economy,European Union (37 materials)


A “Synchronized Downturn” Calls for a “Synchronized Response”

... putting the 2019 growth estimate at the lowest level since the 2008-2009 financial crisis This year’s Annual meetings of the IMF and the World Bank in Washington DC revealed a growing preoccupation with the mounting signs of a slowdown in the world economy. The IMF’s diagnosis was that of a “synchronized slowdown” across the globe with the Fund revising its growth projection for global economic growth downwards and putting the 2019 growth estimate at the lowest level since the 2008-2009 financial ...


Remarks at the 12th Eurasian Economic Forum

... other parts of the world can only dream of living standards of European or US level regardless of the damage to environment. As far as Russia-EU and, relevantly, EAEU-EU interaction is concerned, the following is clear. For 30 years our country and the European Union have remained key economic partners, but the recovery growth factor in mutual trade recorded over the past couple of years is by now largely exhausted. Therefore, resumption of sustainable positive dynamics in trade and economic relations ...


Is a New Economic Crisis Coming?

... these discussions? And what might the consequences for Russia be? Objective and Subjective Problems of Global Economy Ivan Timofeev: A New Anarchy? Scenarios for World Order Dynamics The three main global economic powerhouses – the United States, the European Union and China – are all currently facing serious (albeit different) problems. At first glance, it would appear that the U.S. economy is in excellent shape: GDP has been growing faster than the average for developed countries over the past several years, unemployment is low and continues to decline, and the stock market keeps setting new records. However, everybody agrees that ...


World Economy in The Grips of “Moral Hazard”

... speedy improvement in US-China relations. The uncertainty afflicting the markets is further exacerbated by the contradictions between the Trump camp and the Fed, with increasing trade tensions forcing the Fed to accommodate the negative effects on the US economy through monetary policy easing. The problem is that the Fed may not be ready to fully compensate the effects of escalations in trade tensions and with good reason. August is never an easy month for Russia’s markets, but this time surges in volatility ...


Russia and Belarus: The “Post-Soviet” Interaction Model Is Exhausting Itself

... countries was $36.5 billion at year-end 2018, while its trade turnover with the European Union was $17.3 billion (24.2 percent of the state’s total trade turnover). At the same time, Belarus sells mostly raw materials and semi-finished products to the European Union, while it mostly sells high added-value goods to Russia and EAEU countries – engineering, MIC and agricultural products. Russia is the principal investor in the Belarusian economy. Rosatom is finishing construction of the first Belarus NPP in Astravets (financed through a Russian loan of over $10 billion). The Belarusian government estimates that it will cut purchases of Russian gas by 5.5 billion cubic meters annually....


Can Russia Plug Through US Sanctions to Reconstruct Syria?

... and even more so those that Iran has come to experience. All of this contributes to the continuing crippling of the Syrian economy. Against this background, Russia could step up as an oil supplier to Syria, yet its companies, including state-owned corporations,... ... differences in this area. While Russia sees Syrian reconstruction mainly in terms of rebuilding the damaged physical infrastructure, European Union states link the reconstruction efforts to political transition. Meanwhile in Moscow there are two competing views ...


Squaring the Circle: Russian and European Views on Syrian Reconstruction

... Syria because it cannot provide the capital and technologies desperately needed for Syrian projects. Russia doubts that the European Union is willing to allocate significant funding for Syria, given multiple competing needs and priorities in Europe. ... ... Europeans have to engage in a more specific discussion about the impact of international sanctions on various sectors of the Syrian economy, the political dynamics in Damascus, and what the notion of “smart sanctions” might mean in the case of Syria. Fifth....


Contradictions of the “Golden Era” in UK–China Relations

... Initiative. In 2016, the United Kingdom was China’s eighth-largest global partner, and its second-largest trade partner in the European Union ( its trade turnover was ₤55 billion ). In 2017, China’s investment in the UK totaled ₤20 billion , and ... ... announced a new ambitious UK–China educational programme of humanitarian contacts (155,000 Chinese students bring annually the UK economy approximately ₤5 billion to the UK economy every year.) Addressing the Parliament of the United Kingdom in November ...


A Different Global Governance: Taming the Excesses of Realpolitik

... each others’ expense. The result as game-theory would suggest is a “prisoner’s dilemma” pyramid that is built from the foundations of individual values to the level of international institutions. It turns out that the egoism in today’s world economy is multi-dimensional and multi-layered. Within countries the society appears to be more often than not atomized and individualistic, with individualism espoused as a virtue, and collectivism perceived as a threat to individual freedoms. At the ...


Can Italy's "Government of Change" Change All of Europe?

The EU will still have to rescue the Italian economy. However, Brussels is growing ever more reluctant to save Rome March 1 st marks nine months to the day since the new Italian "government of change" came to power. Few in Europe would have believed that Italy, one of the EU founding ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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