The french billionaire clarified that the disclosures made in the leaked papers regarding his assets, were known to French and British tax authorities. On Wednesday, Bernard Arnault, the richest billionaire of France who also heads the luxury group LVMH stated that the assets pertaining to him that...

Despite their difference in approach towards emerging threats from North Korea, both leaders have opted to present a united front. The visit is likely to be closely scrutinised by China, North Korea’s only ally. On Tuesday, with the backdrop of U.S. President Donald Trump’s visit to Seoul, South...

Within the next few days, more than half of the EU member states will publicly announce their intention to sign the European defense pact - the Permanent Structured Cooperation (PESCO), the Financial Times reports. The project was initiated by France and Germany for a more effective mobilization of...

The Globalization Center and the IESE Strategy published the annual updated IESE Cities in Motion Index (CIMI). The annual Cities in Motion Index of the IESE business school is considered to be one of the most complete in terms of geographic coverage and volume of data processing. The authors of...

The German parties, which are trying to form the next government of the country, have found a common language in the areas of social policy and digital infrastructure. Yet, they still have disagreements over issues that sparked violent clashes last week, Reuters reports. Negotiations between...

The first set of charges of Russia’s potential meddling into U.S. Presidential elections of 2016 could be unsealed on Monday. In a development that could potentially trigger an avalanch, the first set of charges in the special probe led by ex-Director of the FBI into Russia’s possible meddling in...

Appearing increasingly strained amidst the current crisis is the decades-long strategic relationship between Beijing and Pyongyang.   According to Kim Tae-hyo, political science professor at Seoul-based Sungkyunkwan University, a Wednesday message from North Korean leader Kim Jong...

While the declaration is largely symbolic it is likely to lead to civil unrest; similarly how Madrid will implement its direct rule also has to be worked out. On Friday, Catalonia’s parliament has declared independence from Spain in defiance of Spanish government which had threatened to impose...

As Saudi Arabia continues to push ahead with sweeping cultural and economic reforms, the Kingdom’s Crown Prince Mohammed bin Salman, has promised a return to "a more moderate Islam."   He would be prepared to "destroy" extremist ideologies in order to put the country in unison with other...