Why China will win the trade war (by Philippe Legrain) 13 April 2018 Although Donald Trump has a strong faith that the U.S. would win the trade war with China, this Foreign Policy piece argues that China is much stronger politically and economically. If we take into account the trade war, the authors highlight that the both parties will lose, however, they will do their best to get less...

OPEC mulls a long-term alliance with Russia to keep oil prices stable The Economist comments on the strengthening relationship between Saudi Arabia and Russia and puts forward the idea that the countries are set to reach more effective limits to the global production of oil. Resurgence of shale production in the U.S. makes it natural for the large producers whose economies are strongly dependent on...

Introduction  The concept of “checks and balances” is a system of separation of power by ensuring that each branch of government such as legislative, executive and judiciary would have exclusive control over its sphere of responsibility, thus precluding any of them from concentrating power. Contemporary states have widely different political system, even if they belong to a large family of...

I. Introduction  In the last decade we have witnessed one of the greatest economic crises  in the modern history, which provoked numerous disputes and proposals looking for the way how to better counteract its devastating consequences. Since 2007-2008, some of those have worked and some failed, but the underlying tune is clear: politics and economy are indivisibly connected. Namely, democracy as...

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