On December 19, 2018, the United Nations General Assembly voted to adopt the Global Compact for Safe, Orderly and Regular Migration, with 152 votes in favor, five votes against, and 12 abstentions. Supporters hailed the Compact as a step toward more humane and orderly management of migration, yet opposition remains formidable
Dramatic changes have swept the world since British voters decided in 2016 to leave the European Union. None of them could have been easily foreseen in 2016, but their occurrence makes avoiding a no-deal Brexit a matter of urgent national security for the UK
The world has witnessed many sharp economic declines over the years, but Venezuela’s is surely one of the worst to date. The country has experienced a loss of real (inflation-adjusted) GDP greater than that of most war-ravaged countries during World War II, and its inflation rate is expected to reach 10,000,000% this year. At well over 100 times the black-market rate, the official exchange rate depreciates so rapidly that a quote has lost its meaning by the time it is published
С тех пор как в 2016 году британские избиратели решили выйти из Евросоюза, в мире произошли радикальные изменения. Ни одно из этих изменений нельзя было с лёгкостью предвидеть в 2016 году, но они произошли, и теперь предотвращение выхода страны из ЕС без соглашения становится неотложным вопросом национальной безопасности для Великобритании
In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax
After a long period of investment-driven growth, China is finally changing its policy playbook. Having recognized the costs of relying on excessive credit growth in the medium term, now it is emphasizing tax cuts, further market opening, and incentives to boost consumption over investment. This means accepting lower growth rates in the future.