Washington confirmed the implementation of the arms contract with Saudi Arabia, whose value is expected to be $1.4 billion. US sold Saudi Arabia military equipment and exercises. The contract was signed by the 45th President of the United States, Donald Trump during his visit to Riyadh May 20th, during his first foreign trip after taking office. Washington's lawmakers still have 30 days to block the entry into force of the contract, but the State Department’s decision is an important step towards achieving a record of transactions between the two allies. The US Administration and Saudi Arabia announced, moreover, that this is only "the beginning of" a series of major arms contracts between them. Media reported on contracts, considered in the longer term, having a value of $350 billion.
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President Donald Trump proposed to increase military spending by $54 bilion. This will be possible thanks to the reduction of quotas on nonmilitary programs, including foreign aid and the activities of the Environmental Protection Agency. At the meeting in the White House, Trump said that he intends to rebuild depleted US forces. There will bo no changes in middle-class social programs such as Social Security and Medicare.
Read MoreLeftist politician, Lenin Moreno from PAIS Alliance, (Proud and Sovereign Fatherland) beat conservative candidate Guillermo Lasso who received 30,81% of votes in the first round. Candidate for president needs 40% of all votes and 10 percentage point difference to win the elections. Lenin Moreno served as a Vice President under President Rafael Correa. Moreno represents the government which focus on poverty reduction, disability rights and closer Latin American integration.
Read MorePresident Donald Trump’s national security adviser, Michael Flynn stepped down Monday after it comes out that he had contacts with Russian ambassador, Sergei Kislyak. His talks concerns U.S. sanctions on Russia. Originally, he denied but Justice Department informed The White House that Flynn could be vulnerable to Russian blackmail. He held this function for three weeks and three days. He issued the statement in which he apologized President Donald Trump and Vice President Mike Pence for presenting incomplete information regarding his phone calls with the Russian ambassador.
Read MoreWith a defiant inauguration address, President Trump begins his first term, leading the USA on what could be a radically different path compared to previous administrations. The speech reiterated opposition to global trade and the deindustrialisation in the 80s & 90s. Despite large protests around the world and in Washington, the event was a calm and orderly affair. It is expected that President Trump will be signed a series of executive orders in the next few days, following through on his promise to end TPP, abolish or renegotiate NAFTA, end immigration from majority Muslim countries, and remove the Affordable Care Act.
Read MoreIn the last days of the Obama administration, the United States and Cuba have signed a memorandum of understanding to further cooperation between the two countries or law enforcement and information sharing. These agreements specifically refer to counternarcotics, money laundering, fraud and human smuggling, and counterterrorism. This follows agreements a few months earlier on creating frameworks for cooperation in meteorological science, climate research, and on cancer research.
Read MoreAfter being postponed several times, presidential elections were finally held in Haiti. According to preliminary results Jovenel Moïse has won the election with more than 50% of the vote, meaning that the second round of voting will not take place. He will take over from a transitional government in power since his predecessor Michel Martelly left office in February. Protests have sprung up with allegations that the election was rigged. The new president will face a multitude of challenges in governing the Western hemisphere’s poorest nation, including a cholera epidemic, continued recovery from the 2011 earthquake, galloping inflation, and high unemployment.
Read MoreCuba has declared nine days of national mourning to mark the death of Fidel Castro, whose demise at the age of 90 has prompted emotional scenes in Havana and Miami, tributes and reflections from world leaders, and ushered the island into an uncertain era. The US president, Barack Obama – who two years ago brokered a deal to restore diplomatic ties between Washington and Havana for the first time since they were severed in 1961 – offered his condolences and said the thoughts and prayers of the US were with the Cuban people.
Read MoreAfter the public initially rejected a peace deal in a referendum a month earlier, both sides promptly returned to the table to renegotiate some of the finer elements. President Juan Manuel Santos and FARC leader Rodrigo Londoño “Timochenko” signed the deal on Thursday, definitively ending the war that has gripped the country for decades. The accord will be sent to congress, and is expected to pass after a debate in the following weeks. The original deal was rejected on grounds that it was too soft on guerrilla commanders responsible for war crimes, and rewarded them by allowing them to run for public office.
Read MoreYesterday, on 9th of November the US presidential election took place. Donald Trump won 276 of electoral votes and thus became the 45th president of the United States. In comparison his main rival Hilary Clinton received 218 votes. The new president will be sworn into office on 20 January, 2017. Whereas, the new Vice President-elect nominated by Trump is the Indiana governor Mike Pence. He is known as the representative of the most conservative wing of the Republican Party.
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