Economic upheavals in modern global history have often been succeeded by promising periods of reinvention and revival.

Following the financial crisis, the European Banking Authority (EBA) has established tighter standards around the definition of default (CRR Article 178) to achieve greater alignment across banks and jurisdictions. These need to be implemented by the end of 2020.

15 Oct: U.S. Foreign Policy – where does America stand today?

Until now, the U.S. foreign policy has been characterized by tension. But given the anxiety about President Donald Trump and what his administration might do – pull out of NATO, start a war with Iran or North Korea – it was something to be grateful for.

09 Oct: Vladimir Putin – the modern Tsar of Russia

Vladimir Putin – the modern Tsar of Russia– is serving as President of Russia since 2012, previously holding the position from 2000 until 2008. In between his presidential terms, he was also the Prime Minister of Russia under his close associate Dmitry Medvedev (Putin was barred from a third consecutive term by the Constitution). However, Vladimir Putin gained 76% of the March 2018 presidential vote and was re-elected for a six-year term that will end in 2024.

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The Australian government has accused China of undermining their free trade agreement over a series of actions by Beijing against Australian export goods. In the latest stous with its number one trading partner, China has imposed levies of up to 212 per cent on Australian wine exports.

December 10, 2020

The standoff between protesting farmers and the Centre in India seems to have hit a stalemate. Central trade unions went on a nationwide strike on Thursday with the participation of over 25 crore workers to protest against various policies of the central government.

December 3, 2020

Effect of climate change on the Great Barrier Reef

The health of Australia’s Great Barrier Reef, the world’s most extensive coral reef ecosystem, is in a critical state and deteriorating as climate change warms the waters around it, an international conservation group said, warning that more than a third of the world’s heritage sites are similarly threatened.