Hyperinflation and a drop in oil production forced the Venezuelan authorities to initiate a large-scale monetary reform. The national currency of the country will be linked to the rate of the new crypto-currency Petro on August 20. Previously, the national currency was pegged to the price of oil....

The Parisians were very proud of Velib, a bicycle rental network created in summer 2007 in Paris and initiated by the then mayor Bertrand Delanoë. Now, however, Velib has sharply braked both in direct and in a figurative sense of this word. Replacement of the project’s operator resulted in a sharp...

Barley crops in northern Europe are threatened by hot and dry weather. This can create problems for brewers who need to buy malt, writes Bloomberg. According to Evergrain Germany trader, the yield of the main barley producers in Scandinavia, Northern Germany and the Baltic states may be 30-40%...

A wide public discussion about whether it is permissible to publish instructions for 3D printing weapons is going on in the US. Publication of such schemes was banned for several years, but in July the US authorities gave permission to do so. Politicians from Democratic and Republican parties, as...

The interest shown by the United States administration under President Donald Trump for Southeast Asia is typically viewed as counter strategy to the dominance of the China on the region. While the influence of China over the region would likely be a part of the agenda during the slated visit of...

According to calculations of Global Footprint Network international research organization, on August 1 the world economy spent all the conventional reserve of renewable natural resources that can be restored in a year. To meet the requirements for biological resources, the world population still...

More than $113 million would be spent on digital economy, energy and infrastructure by the United States in the Asian region in a move that many analysts are viewing as a strategy by the US to counter the rising influence of China in the region.   This plan and pledge was outlined in a...

Despite continuing talks and negotiations with multiple parties over its denuclearization and missile programs, it has bene reported that construction is being carried out by North Korea at the factory where the rouge nation’s first intercontinental ballistic missiles capable of reaching the US was...

During a meeting with Donald Trump in the White House, the Italian Prime Minister acted as a supporter of US policy in the heart of the European Union. During his first meeting with Donald Trump at the White House, Italian Prime Minister Giuseppe Conte expressed support for the views of the US...