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09.02.2009, 21:58

Think tank slams bailouts as big business asks for more

The Institute of Contemporary Development has blamed Russia's financial crisis on “fundamental, structural flaws in its economy,” which have “nothing to do with the West,” slamming bailouts for inefficient industries.

06.02.2009, 19:44

Bank bailouts come with greater focus on protecting Rouble

In a second round of bank bail-outs, Prime Minister Putin this week approved $28 billion in fresh liquidity. But unlike previous banking bailouts its emphasizing the funds don’t get used to speculate against the Rouble.

A trader at the New York Stock Exchange (AFP Photo / Timothy A. Clary) 11.02.2009, 04:47 1 comment

‘We’ll see worst U.S. economic collapse ever’

In 2009 we’re going to see the worst economic collapse ever, the ‘Greatest Depression’, says Gerald Celente, U.S. trend forecaster.

09.02.2009, 09:14

Obama warns of economic catastrophe

Barack Obama is struggling to win the support of a divided Congress for his economic recovery package. He says if lawmakers fail to approve the plan, America will plummet into economic catastrophe.

29.10.2010, 09:50 3 comments

EU leaders back tougher rules to avoid future debt crises and threats to euro

At a Brussels summit, EU leaders have agreed to prepare changes to the organization's fundamental Lisbon Treaty, involving tougher financial discipline and punishment for overspenders.

Dimitry Medvedev (L) and Nguyen Minh Triet (AFP Photo / Pool / Hoang Dinh Nam) 31.10.2010, 08:21 6 comments

Russia signs deal to build Vietnam’s first nuclear power plant

Russia and Vietnam have cemented their relations by signing a deal to construct Vietnam’s first ever nuclear power station.

Russia's President Dmitry Medvedev (R) and his Venezuelan counterpart Hugo Chavez show signed documents during their meeting in Moscow, October 15, 2010 15.10.2010, 15:55 6 comments

Russia, Venezuela urge world not to be dependent on mood of one state

Moscow and Caracas stand for forming a fair world order that would not depend on the wishes and prosperity of just one country, President Medvedev said, following talks with Venezuelan leader Hugo Chavez.

23.06.2009, 10:39 14 comments

Is Obama a Wall Street project?

Webster Tarpley, journalist, radio host and critic of the Obama administration, reveals to RT who he thinks really rules the United States.

AFP Photo / Paul J. Richards 14.10.2010, 00:42 3 comments

Washington hijacked by Wall Street

While 14 million Americans are unemployed and 1 in 7 Americans are living in poverty, one group isn’t doing too badly.

Image from sibirtelecom.ru 21.09.2009, 17:11

Sibirtelecom posts 1H 2009 Net Profit of 851 million Roubles

Sibirtelecom, telecom provider in Russia’s Siberia, has posted a 1H 2009 Net Profit of 851 million Roubles.

Bonus scandal and the bailout fraud

Published: 12 February, 2009, 19:50
Edited: 12 March, 2010, 15:45


A banker told me he’s sick of people complaining about bonuses. And he’s sick of people blaming the banks for the financial crisis.

 
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