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Transnational companies are the key drivers of foreign direct investments & major actors in international trade. They are involved in more than two-third of international trade & determine its direction, composition & volume. The relationship between transnational companies & international trade is complex & interwoven, raising the following question: are transnational companies substitutes or complements of international trade? The author explores this relationship. She studies the role of these companies in international trade as a whole & in foreign trade of domestic & host countries. Tables, Figures, References. Adapted from the source document.

The author analyses the development of EU in the new international surroundings during the last decade, also exploring the development of the European Security & Defence Policy (ESDP). The first part treats the changes in international relations, the role of USA & the NATO evolution. With the changes in international relations that are characterized by the relative weakening of USA, the rise of the powers such as China & Russia as well as the process of globalization within the multipolar frameworks, the European Union & its members states are facing the problem of adjusting to the new conditions. The second part of the article overviews the EU development, its geostrategic priorities as well as the development of ESDP. In the last dozen of years, the Common Foreign & Security Policy & the ESDP development have gone through a dynamic evolution. The attempts of the EU countries to emancipate from USA & become a serious factor in international relations imply that it should strengthen its international identity, & the political & military components, in particular. References. Adapted from the source document.

In this article, the author suggests that in recent years climate change is gravely affecting the stability of the international order. The reason is not only the recklessness of the industrial sector as a source polluter, but also the lack of political will in drafting a global blueprint for creating a unique international climate regime. Even though the effects of climate change are getting worse each year, the selfish interests of states, the realpolitik in foreign policy and anarchy dominate international relations, thus representing an obstacle to creating an international climate regime. The author examines ways to overcome these obstacles to international institutionalization of climate issues by introducing three IR theory perspectives: realist, rationalist and idealist. The synthesis of these three perspectives is that the international climate regime should be decentralized; its legal acts should be drafted from inter-state agreements on specific issues, while its principles should be incorporated to the already existing international legal acts. Adapted from the source document.