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Economics

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The International Monetary Fund (IMF) and the World Bank are two sister institutions created in 1944 by the Bretton Woods Agreements. The Fund was established to support the international financial system, granting conditional credits to countries experiencing temporary difficulties with their balance of payments. The World Bank, meanwhile, by financing investment projects vital to the… Read the full article

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Will there be a union of all Turkic peoples? For the first time in the 100-year history of the Turkish Republic, restoration of past greatness has become the policy of the Turkish government.[1] The failure of integration with Europe makes the idea of a new “empire” very attractive. Alongside the neo-Ottoman idea that focuses on… Read the full article

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On February 17, 2021, the new Italian government led by Mario Draghi won a confidence vote in the Senate with 262 votes in favor, 40 against and 2 abstentions. The next day, in the Chamber of Deputies, he received 535 votes in favor, 56 against and 5 abstained. Draghi thus was able to form the… Read the full article

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Cultural roots of a confrontation After the end of the Soviet Union, both the pro-Western Russian elite and the vast majority of the population harbored the hope of becoming part of the Western community, or rather, of becoming part of Europe again, after having traveled their own path since the October Revolution. There was a… Read the full article

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On December 30, 2020, the European Union and China completed political negotiations for a Comprehensive Agreement on Investment (CAI). The pact was signed at the end of a videoconference involving Chinese President Xi Jinping and top European representatives: Ursula von der Leyen, President of the European Commission; Charles Michel, President of the European Council; and… Read the full article

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January 6 should have been a day of quiet confidence for American Catholics. Joe Biden had been elected president and the Congress was about to confirm the popular vote. Speaker of the House Nancy Pelosi, as she opened the House session, took  note of the Feast of the Epiphany and prayed the Peace Prayer attributed… Read the full article

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The Sustainable Development Goals (SDGs) set out in the 2030 Agenda, endorsed by the United Nations in 2015, are the result of a long deliberative process. They reflect a broad international consensus on the greatest challenges facing humanity in the 21st century.[1] It is clear that scientists, economists, engineers, politicians, sociologists, and even militaries have… Read the full article

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What to do after Covid-19? “After Covid-19 it will all be different.” We often hear these words. However, people have different opinions about how it will be different, just as people evaluate differently how things were before. How will we act after Covid-19? The answer depends on our views about the pandemic. One can view… Read the full article

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