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Economics Gazette

Economy and Business news

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June 22, 2018

Economics

North Korea

North Korean economic reform had started

The promise of the North Korean leader Kim Jong-un to work for “socialist economic development” could bring reforms inspired by the Chinese model,, but Pyongyang will never say it. The regime announced on Saturday the end of the nuclear tests and trials of intercontinental missiles, and closed the nuclear experiment field. This gesture was welcomed

Croatia

Russia prepares to get big influence in Croatia

Two of Russia’s largest banks are in the process of gaining a significant stake in Croatia’s largest retailer. In this way Russia is expanding its reach on the periphery of the European Union, which for years has been trying to repel Russian investments. The state-owned Sberbank and VTB Group are starting to convert claims of

Iran president

Iran is ready for reaction against the breakdown of the nuclear deal

The Iranian nuclear agency is ready for “expected and unexpected” reactions if the US withdraws from the multinational nuclear deal, as US President Donald Trump threatens to do. “Our Atomic Energy Organization is fully prepared for actions they expect and actions they do not expect”, said the Iranian President Hassan Rouhani, citing a possible Trump

us elections

US Democratic Party has filed a lawsuit for intervene in the presidential elections

The US Democratic Party has filed a lawsuit against the government of Russia, President Donald Trump’s election headquarters and WikiLeaks, accusing them of intervene in the US presidential election in 2016. The party’s request, filed in Manhattan, records that high-ranking representatives of Trump’s election headquarters, along with the Russian government and Russian military intelligence officers,

britain home

Young Britons may never have their own home

Generations of young people in the UK may never have their own home and live on rent during whole life. This is clear by the Resolution Foundation, according to which up to one-third of the Y generation (born between 1980 and 2000) will not have their own home. According to the institute, the radical reforms

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