Photo: Nikolay Gyngazov/Global Look Rgege next year minimum wage (the minimum wage) should be compared with the cost of living. The job has given Vladimir Putin. The state Duma has promised to enact as soon as possible. Thus, the minimum wage equal to the subsistence minimum for the first time, although it has declared in recent years. Will this help in the fight against poverty? Details…
- China has sharply reduced import of waste from USA
- Expert: Tyumen reached the fourth place in Russia on volume of housing
- Average check of Russians during one trip to the store has exceeded 500 rubles
Go to a section…”Sevastopol should become the southern capital”Photo: Vasily Batanov/RIA “news”,”If you spend time on the constant scandals, public discussion, and to care in other planes other than work, then you have nothing useful happens” – said the newspaper VIEW, the newly elected Governor of Sevastopol Dmitry Ovsyannikov. In particular, he commented on the subject of previous disagreements with the team of his predecessor Alexey Chaly. Details…
- Clinton declared a “personal vendetta” Putin after NATO enlargement
- Pushkov compared the German magazine Focus with a newspaper of the Nazis
- On elections of the head of Nizhny Tagil defeated the United Russia Nosov
Go to a section…”to Turn Victory Park into a Museum not normal”Photos: spravka.sevas.com”Sevastopol has a glut, where virtually every square meter of the monuments. Residents even said that there are already enough” – said the newspaper VIEW Nadezhda Vinokurova, chief engineer of “Institute Novgorodgrazhdanproekt”, developed the project of reconstruction of Victory Park in Sevastopol. Details…
- Rocket “Soyuz-FG” was launched from the Baikonur cosmodrome with a manned spacecraft “Soyuz MS-06”
- In the movement “forty times Forty” did not agree with Govorukhin and Medina on “Matilda”
- Andrey Urgant commented on the quarrel of son with Solovyov
Go to a section…the United States remained a gap, a critically vulnerable to nuclear attackPhoto: Workman/WikipediaРассуждающие about the prospect of nuclear war between the US and the DPRK think in terms of a missile strike, the benefit is for the missiles, Pyongyang has bet. Meanwhile, it is obvious that such an attack is impossible. But it is theoretically possible the other is also nuclear and so devastating that America after he did not recover for a very long time. Details…
- North Korea has rejected a new UN security Council sanctions
- Volker suggested to resolve in court the question of citizenship Saakashvili
- In the district of Sagrada Familia declared anti-terrorist operation
Go to a section…”Arrow from Ivanteevka” was inspired by the American experiencePhoto: from the personal pages vk.com the alleged shooter”Ivanteevka is a very beautiful, prosperous city with good, proper social environment. We need to understand what pushed a young man to such actions,” – said the newspaper VIEW Duma Deputy from the Moscow region Sergei Zhigarev. A student opened fire in class, according to classmates, was different unsociable disposition, however, he did not hide his intentions, no one took the example. Details…
- The building of the Federation of Jewish communities in Moscow threw “Molotov cocktail”
- In Samara, an anesthesiologist was accused of raping patient
- In an accident with a drunk policeman in Moscow killed a motorcyclist
Go to a section…
Eduard Birov: Where did the “Orthodox LIH”
Media horror story “ISIL is terrorizing the Orthodox culture”, it seems, may be one of the main subjects of liberal propaganda in the new political season leading up to the elections of the President.
Details…Discussion: 17 comments
Andrew Schmidt: Why Russia is easy to do business
What we in Germany took years of painstaking work, managed to do in Russia for a few months at a comparable budget, and he’s always at the start of several thousand euros.
Details…Discussion: 15 comments
Yevgeny Satanovsky: the Arc of the armistice
What are the chances of eradicating the “Islamic state” as a tool of influence in the middle East the Sunni elites in the development of the situation in the Muslim world? The IG is not the structure, the aim of which was the establishment of a Caliphate.
Go to a section…
Online marathon “election Night – 2017”
Discussion: 7 comments
Putin held a plenary meeting of the Eastern economic forum
Putin held an open lesson “Russia looking into the future”
Discussion: 9 comments
Go to a section…
Defined “Miss America – 2018”
For the first time in the history of the contest “Miss America” winner was the representative of North Dakota. 23-year-old Kara Mundu is the USA champion, and six years ago was marked by Obama for his merits in the field of philanthropy. Local media and bloggers, however, the winner dubbed the “fatty”Details…Discussion: 21 review
“Irma” flooded Miami
The popular American resort of Miami in Southeast Florida, like many other cities of the coast of the Atlantic ocean, was almost flooded after a hurricane swept “Irma”. Only in the de-energized state of 3 million buildings evacuated nearly 6.5 million of itemattribute…
Musk first showed SpaceX space suit in full growth
Elon Musk in his blog posted photos of the new SpaceX space suit in full growth. Prior to that, he showed the helmet and upper part of the protective space suit. The man in the suit standing on the background of the ship Crew DragonПодробности…Discussion: 11 comments
Go to a section…For whom do you support in the conflict between Saakashvili and Poroshenko?
- I wish you success Saakashvili
- I wish success to Poroshenko
Alexey Chaly invited to make a Patriotic Sevastopol the capital of Russia. How do you feel about this idea?
- Patriotic capital should be another city
- Patriotic do not need the capital
Ramzan Kadyrov has expressed its disagreement with Russia’s position regarding Myanmar. Is it acceptable that the head of the Russian region publicly challenged the country’s foreign policy (which is not true to his official authority)?
- Yes, a politician can always defend its position publicly
- No, in this case, it’s insubordination
- All depends on the personality of the head region
Go to a section…
- In the world
- The incident
- About the newspaper
- Advertising on the website
News of the HOUR:North Korea has rejected a new UN security Council sanctions
Medina said his “patience is full””Russian helicopter” was found in Kherson region Ukrainegorokhiv: Poklonskaya woke obscurantist siliporite of the Russian Federation demanded an apology from the German magazine for insults to Putinesque details of the draft resolution of Russia in the UN mission in Donbasskogo on behalf of Putin, met in Damascus with Bademantel Urgant commented on the quarrel of son with Solovevym-speaker explained his statement about the armless democraticpresident of the USA to Ukraine spoke about the fate of Saakashvilia announced the drop of relations with Russia at “lowest point”Mass “telephone terrorism” raises many вопросовApple introduced a new iPhone
The main theme
Russia prevents the United States to stifle the DPRK
Krasovskii and pubic hair got in a fight over the procession regarding “Matilda”
The U.S. explained the dissatisfaction with the purchase of a Turkey-400
China began to reject American trash
“breach of obligations”
EU puts Ukraine the conditions for the allocation of the next tranche
“we believe in democracy”
Clinton said the reasons “personal animosity” Putin to her
How would look like the scenario of a nuclear attack by the DPRK to the United States
Andrei Babitsky: In the boat of Ukrainian statehood punched a huge hole
“the great project”
Sergei Khudiyev education Reform in Ukraine indicates an important watershed
The scandal with the “Matilda”
Eduard Birov: the Root cause of the incident is obvious miss state
in your opinion
For whom do you support in the conflict between Saakashvili and Poroshenko?
Trump declared war against the German car industry the Welfare of the United States is impossible without money from the rest of the world
For the first time in history the U.S. national debt exceeded 20 trillion dollars – and that’s more than 100% of GDP. Thus the new US President continues Obama’s policies – although before the election he promised the opposite, namely, to force America to live within its means. Why even the highest officials of the USA not in forces to stop the spiral of debt capacity?
US government debt for the first time exceeded 20 trillion dollars, according to Business Insider.
The debt ceiling was reached back in March and since then have been frozen at the level of 19.84 trillion dollars, and the American Ministry of Finance has been severely curtailed borrowing. Had to spend reserves. But to the current moment, those reserves were almost exhausted: 399 billion dollars on 6 September was only 38.6 billion And then there was raging element: last week hurricane “Harvey” has caused devastating floods in Texas and on the weekend, Florida was in the area of another hurricane – “Irma”.
Raising the debt ceiling in 2011 – it is always a political game between the President and the Congress. Before the White house and the Congress about 80 times consistently raised the debt ceiling. But in 2011, they could not come to an agreement nearly three months, the risks of technical default for the first time was so high. Even the rating Agency Standard & Poor’s for the first time in history downgraded the sovereign rating of the United States.
In the fall of 2013 sparked a debate on the debt between Republicans and Democrats. Due to the failure of the Republicans to vote for raising the debt ceiling in the US administration responded by closing down part of government agencies for two weeks. But ended up traditionally again: the bar of public debt was raised.
This time the process of raising the debt ceiling was calm. Under the auspices of the victims of the hurricane “Harvey” Donald trump last week signed the law on the temporary increase of the state debt by December 8.
Nepovyshenie the debt ceiling means a technical default of the USA, the consequences of which do not undertake to predict even the guru of the economy. One thing is clear – no one seems little. This would mean the collapse of the dollar and the stock market crash, and the standard of living of Americans would have come to African.
However, trump signed document will allow to avoid budget disputes, even for a time. After a few months, American politicians will again have to come back to this issue, but doubt that the debt ceiling will be raised again, no one.
Why U.S. policy periodically are waging a fierce struggle for something, to stop to increase the national debt? Some do not exclude that it is a pure play, nothing more. His goal is to keep low the cost of borrowing. If you constantly talk about plans to take a lot in debt, this can significantly raise the cost of borrowed money. And promises to reduce debt this is not allowed. Here only in practice, States continue the policy of increasing the national debt, in spite of some rhetoric.
To date, the rate of public debt has already reached 20,164 trillion dollars, exceeding 100% of GDP, which is estimated at 19.6 trillion. And continues to grow.
During the eight years of President Obama the debt of the country rose from 10.63 trillion dollars almost twice. Trump has repeatedly stated that the debt must be reduced. The new President advocated that the United States finally began to live within its means. Meanwhile, the whole point of the prosperity of the American economy lies in the fact that it takes more and more to more to spend on themselves.
However, easy money is not so easy. So trump, as have previous leaders of the United States, agreed to increase the national debt to fulfill social obligations within budget. In addition, when the price of debt service is small, to live on borrowed funds is advantageous. This is the secret of the US economy, which is relatively easy to cope with economic crises.
“By itself, the scale of the debt has no value, the value of the state’s ability to maintain it. If the bid is low, you can service the debt no problem,” says economist Mikhail Khazin, reports RNS.
For example, in terms of US GDP growth around 3% per year and record low rates, the fed at 0.25–0.5%, debt service was not a problem. But at the end of 2016, the fed began to raise rates, and thus debt will have to serve at a different rate. At the July meeting, the bet is kept at the level of 1-1. 25% per annum. The increase in the debt ceiling could force the fed to seek more aggressive rate increase, does not exclude Georgy Vashchenko of IR “freedom Finance”.
Thus increasing the debt limit of the United States? First, the country has avoided default and the budget crisis. Second, it will begin the planned bond placement, which is to become the largest over the past eight years.
“Another increase in the debt ceiling allows the U.S. primarily to raise money to pay off existing debt without defaulting”,
says financial analyst Gerchik&Co Victor Makeev. And, of course, this will allow to allocate more than $ 15 billion on liquidation of consequences of hurricane “Harvey”.
“The United States continues to live beyond its means – in August, the deficit amounted to 43.7 billion dollars. Large-scale ideas trump’s wall on the border with Mexico and infrastructure projects require large costs. Plus have to restore the effects of hurricanes. At the same time, tax reform has stalled and the growth of budget revenues in question”, – says Roman Tkachuk.
As a result, we continue to borrow on international markets. “The dollar continues to be the core of the global financial system and, therefore, the United States has the opportunity to take. While buyers for us bonds is, the US can keep printing dollars without the risk of acceleration of inflation, unlike other countries – Japan, Russia, etc.”, – Tkaciuk concluded.