breakingnews
02.11.2008, 09:04
The Russian markets may not be out of the woods yet, but there are at least signs of the green shoots of recovery. The Russian RTS and MICEX indices have shown a stable rise this week.
03.11.2008, 11:34
When the credit crunch bites it's most visible in commerce and industry but it's also hitting the arts. Whether it's the world of film or fashion the Russian cultural scene is also now feeling the pinch. However,the financial slump is not only about money
16.10.2010, 01:30
15 comments
The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?
21.10.2010, 22:14
3 comments
The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.
03.03.2010, 00:49
75 comments
Violence breaks out as students at the flagship school of the University of California protest stiff tuition hikes.
23.10.2010, 00:52
7 comments
Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.
23.10.2010, 02:59
5 comments
The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.
30.04.2010, 13:37
16 comments
Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”
08.02.2010, 03:19
17 comments
For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.
16.02.2010, 20:33
15 comments
Greek Prime Minister George Papandreou met with Russian leadership on Tuesday. Cooperation on major gas and oil pipeline projects dominated talks.
Published: 31 October, 2008, 11:33
Always when there is a downturn in the economy a tirade of criticism is directed against the model of market economy and competition. And yet it is the other way around: all financial crises are the result of lack of competition. A crisis is when monopoli
