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Friday, October 30, 2020
The US could be easing its draconian sanctions against Huawei by letting more chip suppliers ship components to the Chinese tech company – as long as they are not used for...
The UK and India have announced agreements on financial services, infrastructure, and sustainable finance at the 10th Economic and Financial Dialogue (EFD) between the two countries. The agreements...
Global stocks dropped sharply on Wednesday amid investor fears that rising coronavirus numbers in the United States and Europe could halt economic recovery. The Dow Jones Industrial Average...
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews. ...
While hopes that a new coronavirus stimulus deal will be adopted before the election are fading, there is a possibility that Americans won’t see paychecks for months from now, ex-Fed insider...
How long would it take to increase my credit score? This is a question many of us keep on asking. Well, the truth is that it does not happen overnight. However, the good news is that there are a...
Asia's third-largest economy, India, accelerated its recovery in September thanks to stabilizing consumer demand and activity in the manufacturing sector, which returned to pre-crisis levels. Five of the...
US plane maker Boeing reported its fourth straight quarterly loss on Wednesday as the coronavirus pandemic and the grounding of the troubled 737 MAX hurt the company’s sales. ...
A selloff and political dynamics are driving the stock markets right now, according to veteran stockbroker Peter Schiff. He explores why the markets and the economy are so dependent on, and...
The potential of the BRICS nations is unique, and the group’s New Development Bank (NDB) is showing high financial efficiency during the global Covid-19 crisis, Russian representatives at the Sixth BRICS...
ACI Europe airports association warns that 193 airports are at risk of insolvency in the coming months if passenger traffic does not start to recover from the coronavirus shock. ...
Max Keiser and Stacy Herbert of the Keiser Report look into corporate buybacks of the biggest US corporations which have continued for two decades, while in China business is booming. ...
The growing number of coronavirus infections have pushed global stocks down, but market fluctuations are still far from what were seen in March, when the coronavirus started rapidly spreading across the...
The bitcoin network has recently seen the largest dollar value transaction in history, as an anonymous holder moved more than 88,857 bitcoin (BTC) worth around $1.15 billion. The...
Major Chinese industrial firms saw their profits surge for the fifth straight month, National Bureau of Statistics (NBS) data shows, as the world’s second largest economy continues to recover from the...
A United Nations trade report issued on Tuesday says that foreign direct investment (FDI) has plunged by 49 percent around the world in the first half of 2020 from the same...
A report by consulting firm Kearney found that US’ trade war against China hasn’t achieved the key objective of reversing America’s decline in manufacturing. Jobs haven’t returned to the US, it...
The fifth annual India Energy Forum began on Monday, chaired by Prime Minister Narendra Modi via video conference. The three-day event will be attended by around 50 CEOs from major global...
As Tesla continues to race for total electric vehicle domination, its next big market opportunity may lay in India. India has some major plans in store for developing...
Alibaba founder Jack Ma says the dual initial public offering (IPO) listings of his fintech company Ant Group in Shanghai and Hong Kong will break the world record as the biggest...
More than 50 percent of small and medium-sized businesses (SMEs) operating in Europe’s top-five economic powerhouses fear they will have to close in 12 months as they’re struggling to stay afloat...
The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel. “Targets are plenty…Start by...
Russia's largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons of...
The Covid-19 pandemic may inflict deeper economic pain for countries of the Middle East and Central Asia than previous recessions, the International Monetary Fund has warned. In its...
The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has said,...
While gold is considered a safe heaven, it is not currently a mainstream investment among Russians, whose money is more likely to go into other options, including cryptocurrencies. ...
A new study from the University of Chicago has revealed a rise in child labor in global cocoa production despite pledges by international companies to stop using cocoa harvested by children. ...
Beijing may be speeding up the diversification of its foreign exchange reserves away from US dollar assets in response to Washington’s potential sanctions, the South China Morning Post reported, citing analysts. ...
As the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT’s Boom Bust explores what effect the turbulent talks might have on stock...
Chinese telecoms giant Huawei said the company’s revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted its...
A new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked the...
Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin. ...
Goldman Sachs (Asia) has been fined $350 million by Hong Kong’s Securities and Futures Commission (SFC) for its role in a multibillion-dollar scandal that involved top Malaysian officials, including its former...
London and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion). ...
Cash-strapped International Airlines Group (IAG), which operates British Airways, has been forced to cut its flight schedule for the rest of the year as the coronavirus lockdowns continue to restict travel. ...
The hosts of RT’s Keiser Report note that global perception in advanced economies has shifted so that China is seen as the world’s number one economic power. Max...
The US is facing a very serious economic downturn and the current “political bickering” about new stimulus measures isn’t doing any good for the American people, Professor Richard Wolff told RT’s...
Another gloomy prediction for the fate of the greenback has been voiced by an analyst at Standard Chartered Bank, who warned that the dollar is heading for “a multi-year depreciation,” given...
Data by the Silver Institute shows that global silver-backed Exchange-Trade Products’ holdings rose by 297 million ounces through the first three quarters of 2020, nearly tripling the growth seen during the...
PayPal has jumped into the cryptocurrency market and plans to allow its customers to buy, sell and hold bitcoin, ethereum and other virtual currencies using their online wallets. ...
If Washington proceeds with sanctions against the Russia-led natural gas pipeline, Nord Stream 2, it will hurt a wide range of Western contractors and investors involved in the undertaking, the project...
Widening restrictions on the participants of the Nord Stream 2 gas pipeline constitute the “egregious use of the sanctions weapon” targeting both Russia and the US’ loyal ally Germany, former British...
Brazil has become the latest battleground in the US tech war against Beijing, with the Trump administration offering the South American country lucrative financing to shift away from China’s Huawei when...
Russia’s newest nuclear-powered icebreaker, the Arktika, will start operating in the Arctic waters of the Northern Sea Route (NSR) in December after the vessel’s acceptance and delivery certificate was signed on...
India’s commerce and industry ministry said the country has received the highest ever total foreign direct investment (FDI) during the first five months of the financial year (April-August 2020). ...
Russia’s second-largest producer, Lukoil, is eager to increase its oil production in Iraq once the production cuts of the OPEC+ group end, Egor Zubarev, Managing Director of Lukoil Mid-East, told Bloomberg. ...
The US State Department said on Tuesday it has extended the sanctions against the Nord Stream 2 project to firms that provide services or funds to upgrade or install equipment on...
The hosts of RT’s Keiser Report say that the US Treasury market is now so large that the only way to keep it under control is for the Federal Reserve to...
There are four main forces currently driving US stock markets ahead of the elections – the spread of Covid-19, the stimulus deal, the Fed’s policy and the vote itself – says...
As markets begin to handicap the US presidential race, they seem to be viewing a Biden win as a positive for the stock market, which doesn’t really make sense, according to...