Japanese Prime Minister Shinzo Abe promised to rescue the national economy by flooding the market with liquidity and devaluing the Japanese yen, but exports are faltering, nevertheless.
The Voice of Russia reports that, "Japan's year-on-year exports declined in May for the first time in 15 months, due mainly to slow demand from the United States and Asian countries, the government said Wednesday, as figures showed nearly two years of trade deficit – reports DPA. The value of exported goods fell 2.7 per cent in May compared to a year earlier, to 5.61 trillion yen (55 billion dollars)."
Can CNN stoop any lower when it comes to its media respectability? Now, they are lucky to arrange exclusive interviews with former Secretary of State Hillary Clinton, but only if they consent to submit their questions in an interview prep format.
The Houston Chronicle reports that, "Hillary Clinton refused to say what policies she disagrees with her husband, former President Bill Clinton, and insisted such matters should be kept private."
The European Union (EU) may soon throw the Ukraine under the bus in order to receive reliable natural gas shipments from Gazprom in Russia.
The Journal of Turkish Weekly, "If Ukraine disrupts Russian gas transit via its territory, the European Commission is ready to negotiate increased deliveries through the Opal pipeline, Gazprom CEO Alexei Miller said Monday."
Azerbaijan is pursuing a larger presence on the global stage.
According to the Voice of Russia, "There is a fairly realistic prospect that Azerbaijan will join either the Eurasian Economic Community or the CIS Customs Union, which includes Belarus, Kazakhstan and Russia at present, Russia’s Regional Development Minister Igor Slyuniayev announces in the interview, published on Tuesday by the Russian Business Gazette."
Former Secretary of State Hillary Clinton angered the entire nation of Germany by refusing to support a "no spy agreement" with one of the USA's most supportive allies.
The Voice of Russia reports that, "Clinton, meanwhile, said she understood Germany's anger at revelations that the US Natural Security Agency (NSA) had listened into Merkel's mobile phone as part of its large scale surveillance of electronic communications in Germany, America's close ally."
Norway had been enjoying a robust economy, due to its booming oil & gas industry. However, the Norwegian government implemented new tax hikes and now energy invstors are fleeing the country in droves.
According to the Houston Chronicle, "Oil and gas companies operating in Norway, western Europe’s biggest producer, predict investments will plunge 21 percent next year amid rising costs and increased political interference over offshore developments."