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Friday, September 25, 2020
Despite India being an important partner for the United States geopolitically, a bilateral free trade agreement (FTA) is unlikely to be reached soon regardless of who wins the upcoming US presidential...
As relations between the world’s two major economies, the US and China, continue to deteriorate, RT’s Boom Bust talks to Professor Richard Wolff about what’s really going on. ...
California’s Governor, Gavin Newsom, signed an executive order to ban the sales of new passenger vehicles with internal combustion engines from 2035 in the state’s latest push towards a cleaner energy...
When it comes to property sales, houses happen to be one of the most valuable assets that cost a fortune. Renovating a place is the best thing any homeowner can do. It helps improve the worth of a house...
Keiser Report hosts, Max and Stacy look at the growing value of ‘intangibles’ in the stock market as the real economy disappears, only to be replaced by goodwill, derivatives, and some...
With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers around the world. ...
Next year will be brutal for the US currency, according to Yale University senior fellow Stephen Roach. He said that his “seemingly crazed idea” that the dollar will crash shouldn’t seem...
While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine. ...
With rising US-China tensions affecting the tech sector, Intel has secured a license to supply equipment to 5G giant Huawei. RT’s Boom Bust explores why Washington allowed this to happen. ...
China has been buying a lot of US crude oil lately as part of the trade deal, but this buying spree could be about to end. This month...
New research by investment bank Morgan Stanley found that US consumers have been saving more money than ever, having stockpiled a record $12.5 trillion in savings from April through July. ...
Calculating wealth can be “extremely complicated,” according to JPMorgan Chase CEO Jamie Dimon, who says the rich should be taxed on their income which is “given” and harder to cheat. ...
Investments in precious metals by Russian banks increased in August, reaching almost $7.4 billion (568 billion rubles), data released by the country’s central bank (CBR) showed. In terms...
The US Federal Reserve will eventually have to let interest rates rise unless it wants the dollar to become worthless, says veteran stockbroker and CEO of Euro Pacific Capital Peter Schiff. ...
The hosts of the Keiser Report, Max and Stacy, look at the US national debt, which has spiked by $4.2 trillion in a year to total $26.7 trillion. ...
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel, saving nearly $700 million in the process, India’s Ministry...
Germany’s largest lender, Deutsche Bank, is reportedly suspected by the US of facilitating more than half of the $2 trillion of suspicious transactions that were flagged by the US government between...
German flagship carrier Lufthansa announced on Monday that it will cut more jobs amid projections of a bleak future for the global airline industry in the wake of the Covid-19 crisis. ...
US stocks fell sharply on Monday, extending last week’s declines, as concerns about coronavirus cases in the United States and other countries sparked fears of a second wave of the pandemic...
Orders for LNG-fueled vessels are soaring as the world’s shipping companies are warming up to the idea of using LNG as a cleaner shipping fuel. The world’s first...
Five major banks (Bank of New York Mellon, Deutsche Bank, HSBC, JPMorgan and Standard Chartered) processed trillions of dollars of transactions identified as suspicious, a new ICIJ report reveals. ...
Research by anti-poverty charity Oxfam and the Stockholm Environment Institute reveals carbon dioxide emissions rose by 60 percent from 1990 to 2015. The report blames the wealthiest one percent for 15...
A massive leak of internal bank documents has supposedly revealed that the world’s biggest financial institutions moved more than $2 trillion in suspected dirty money for mobsters, drug cartels, and ponzi...
The Iranian rial hit a fresh low against the US dollar on Sunday, shortly after Washington unilaterally restored sweeping sanctions on Tehran, despite opposition from the international community and its own...
Russia’s labor market is set to rebound by the end of 2021, with the unemployment rate falling below five percent, according to documents related to the national budget plan. ...
Struggling to make technology companies play by its rules, the EU may unleash measures similar to those the US imposed on TikTok, forcing them to sell some of their European operations...
The US budget deficit is set to hit $3.3 trillion when the fiscal year ends in September, while the national debt is projected to be equal to the size of the...
Uranium One, a unit of Russia’s state-owned nuclear energy firm Rosatom, plans to begin producing lithium by 2023, targeting between 9% and 10% of the global market by 2030. ...
The oil demand recovery is taking longer to materialize than many analysts initially thought, but it’s not just demand, the oversupply situation in markets also continues to be a bearish factor. ...
A group of over 50 of the largest European tech and industrial firms have criticized EU members for lagging behind other countries in the rollout of 5G networks, calling for urgent...
Russia is set to cut military spending next year in favor of boosting the national economy, marking the first time in seven years the two areas have traded places in the...
Russian gold and foreign currency holdings increased to a total of $591.8 billion, according to the latest data released by the country’s central bank. The international funds grew...
TikTok has reportedly filed a complaint against the Trump administration, seeking to block the looming ban on the app’s operations. It marks the second time the company has tried to legally...
China has rolled out a mechanism allowing curbs on foreign entities harmful to its security and interests. It comes as the US pledges to bar people from downloading Chinese mobile apps,...
Russia’s Arctic LNG 2 (liquefied natural gas) project is set to receive all the planned external financing, as foreign lenders have reportedly pledged to provide about $9.5 billion in financial support. ...
The US stock market had an up-and-down day on Thursday, ending in the red in response to the Federal Reserve’s policy announcements and new data showing that the economic rebound is...
The US’ plans to block imports of cotton from China’s Xinjiang region over the alleged use of forced labor could be impossible to enforce, the US apparel association said, adding that...
The world’s largest economy, the United States, is exhibiting signs of decline under the mountainous debt that stunts growth, warns veteran hedge fund manager Ray Dalio. He told...
Buoyed by a weaker US dollar and the fast recovery of China’s economy after the coronavirus outbreak, this week the Chinese yuan (renminbi) hit its strongest level against the greenback since...
The price of safe haven gold, which has soared nearly 30 percent this year, could rise further and remain high as global uncertainties persist, according to Swiss investment bank UBS. ...
A new report by Rhodium Group shows that investment between the United States and China in the first half of the year tumbled to an estimated $10.9 billion, from $26 billion...
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, has promised to punish excessive betters in the oil markets with an “ouching like hell” by way of externally influencing the market. ...
The US Federal Reserve has announced that it can keep interest rates near zero for at least the next three years despite better than expected recovery of the US economy amid...
How badly will coronavirus hit UK house prices in 2020? Well, that is a question that not even the very best property experts can answer. To forecast property prices during a global pandemic is almost impossible as we still...
In a new episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that most plastic is not actually recycled. It is just dumped in the landfill with...
The flagship health care platform of one of China’s leading tech giants - Alibaba Health Information Technology - has inked an agreement with Chinese coronavirus vaccine developer Sinovac Biotech. ...
The fate of US operations of Chinese video app TikTok is still uncertain as both the White House and the owner of the platform, ByteDance, say that no final agreement has...
As the fiscal 2020 budget deficit of the United States surged past $3 trillion, more than double the previous record deficit, Treasury Secretary Steven Mnuchin called for more federal spending. ...
The OPEC+ coalition saw its overall compliance rate with the production cuts at around 101 percent in August, three sources in the group told Reuters. On Wednesday, OPEC+...
The US Federal Aviation Administration (FAA) is expected to reach a key milestone for the troubled Boeing 737 MAX’s return. The jet has been grounded for nearly 18 months since two...