Foxtrot.News — Latest News in Economics, Business, Technology, Life, Culture, Politics and Sports

The Wall is Near, and the Brakes Are Failing

The two largest developing economies are no longer developing as rapidly. A slowdown in China and India could have far-reaching effects on the world, creating echoes that will be felt even where they are least expected. Interestingly, this crisis is not yet truly global. Recent protective...

Beijing, You Have a Problem

The issues surrounding China’s economy have been a topic of increasingly intense debate for the last four years. Now, we have some figures to add to this discussion. For example, in July 2024, for the first time in 19 years, lending to the industrial sector has...

Gazprom Exits the Stage

The Ukrainian offensive in Russia’s Kursk region is gradually expanding to the east and north. From the early stages of this advance, Ukrainian forces took control of the small Russian border town of Sudzha, home to a Russian gas hub responsible for exports to Western Europe...

Lethal Sanctions Still on the Horizon

The EU is preparing its 15th package of sanctions against Russia in response to its war against Ukraine. The United States is also working on additional sanctions against Russia, while Canada has imposed sanctions on Belarus’ military-industrial complex for arming Russian aggressors. Ukraine is increasingly questioning the...

Petrol Prices Stay Put for Now

Oil prices are falling on the global market due to declining demand from China and concerns about a potential decrease in consumption in the US. Even the escalating tension in the Middle East has not supported prices, which have dropped over the past 30 days from...

AI Brings and Takes Away Money

Anyone who remembers the dot-com boom 25 years ago will not be surprised by the rapid rise in the popularity of AI among users, developers, and investors. But the biggest earners are the manufacturers of chips and equipment on which AI systems run. Just look at...

Lukoil Attempts to Circumvent Sanctions

Hungarian and Slovakian refineries are currently unable to receive oil through the Ukrainian section of the international Druzhba pipeline from the Russian oil company Lukoil, which is subject to Ukrainian sanctions. This situation has sparked a strong reaction in Bratislava and Budapest. Kyiv is closely...

China’s Slowdown

The slowdown of China’s economy is causing significant ripples globally. Although the IMF has somewhat improved its forecasts for the world’s second-largest economy, its expectations seem overly optimistic. This is happening amidst lively interactions around the “axis of evil Moscow-Pyongyang-Tehran” and stern warnings from Brussels...

President’s Technocrat Takes Charge of French Government

It has finally happened—French President Emmanuel Macron has appointed a candidate for the role of Prime Minister who is acceptable to him: Michel Barnier. This 73-year-old liberal-conservative politician, with openly right-wing views, appears as something of a veteran compared to his predecessor, Gabriel Attal,...

Prospects For a UK-Ukraine Union

In the three years of Russia’s full-scale invasion of Ukraine, the world has changed more than in the previous 30 years. Approaches to diplomacy, state security, and ways of waging war are changing. At the same time, the US is concentrating more and more...

A Strong Start Shakes Up the Race

The main task for Kamala Harris now appears to be to maximise the momentum provided by Joe Biden’s unexpected decision. She has achieved the crucial first step – the Democratic National Committee unequivocally announced her as the Democratic Party candidate on Monday, 5 August. There was...

The Cost of Nuclear Agreements with Russia

On August 5, 1963, representatives from three countries—USSR, USA, and the United Kingdom—signed the Treaty Banning Nuclear Weapon Tests in the Atmosphere, in Outer Space, and Under Water, also known as the “Moscow Treaty.” The treaty came into force on October 10 of the...

Middle East on the Hot Brink

The Pentagon announced on 3 August that it is deploying additional aviation forces and ships equipped with missile defence systems in the Middle East to protect not only American interests in the region but also Israel. While such deployments are not unprecedented, why are...

Jurassic Parks

The abnormal heatwave has finally left Europe, and it is time to think about a holiday. If the idea of spending your vacation on a beach, among tourists and souvenirs, bores you, why not look for something more original? After all, you can plan...

What We Do in the Shadows

The massive missile attacks on Ukraine’s energy system, resumed by the terrorist state of the Russian Federation in the spring of 2024, have predictably led to prolonged blackouts. To say that Ukrainians have gotten used to this would be an understatement. One should neither...

Venetian ‘Merchants’

The 81st Venice International Film Festival took place from 28 August to 7 September 2024 in Venice, on the island of Lido. It was chaired by French actress Isabelle Huppert, with the opening film being Beetlejuice Beetlejuice, the sequel to Tim Burton’s once-popular hit....

Ten Oldest Opulent Opera Houses in Europe to Impress

An opera house is an important and luxurious part of cultural history, reflecting the style of its city and the traditions of its country. Historic iconic buildings of opera houses are never repeated and you will not find two identical opera houses in the...

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