Source Pravda.Ru

Euro declines after Merkel's victory

The euro has declined after first reports of the results of the parliamentary elections in Germany, in which Angela Merkel has kept her position of the chancellor for the fourth term, whereas nationalists have won their seats in the Bundestag.

On Monday, the euro has declined against most currencies of the world, including the US dollar, reports Interfax.

On Monday, the euro cost $1,1921 vs. $1,1951 after the North American session on September 22. The dollar exchange rate against the Japanese national currency climbed by 0.2% to 112.22 yen. The value of the euro paired with the yen is stable - 133.82 yen. Coupled with the pound sterling, the euro lost 0.5%, the Canadian dollar - 0.3%.

The CDU/CSU bloc has won the elections to the Bundestag, having scored 33% of the vote. However, according to preliminary estimates, CDU/CSU MPs will take 246 out of 709 seats, having thus lost  65 seats in comparison with the previous elections.


The aggravation of the relationship between Russia and the USA that started unfolding during the presidency of Barack Obama has evolved into a real war during the arrival of Donald Trump. The United States has conducted a series of powerful attacks on Russia in the economic field. However, it is the EU that poses the biggest threat for the US

USA will perish if China turns to European Union

Modern European monarchy is, perhaps, one of the most discussed topics in relation to Europe. Some are happy about the cultivated tradition and strongly support the monarchy in the EU, while some are very unhappy with the ruling family and call it a sham. The latter are largely right as the monarchs have forgotten about their responsibilities

Who needs modern monarchs?

The World Health Organization has issued an alert that Bubonic and Pneumonic Plague are back, ravaging Madagascar since August this year, causing panic in the heavily populated coastal cities. In total there have been 131 cases and 24 deaths. Despite this, the WHO as usual has advised against any travel or trade restrictions.

The Black Death is back