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27.11.2008, 15:13

Morgan Stanley cuts 25% of jobs in Russia

US investment bank Morgan Stanley is shedding one in four jobs at its Russian office in a bid to cut costs, Russian daily Vedemosti reports.

16.10.2010, 01:30 15 comments

Socialism vs Capitalism in America

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

"EU may waste money of member states” – analyst

The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.

Image from dailycal.org 03.03.2010, 00:49 75 comments

University of California campus erupts in riots

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

US on collision course with economic ruin

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

Statistics highlight an American empire in decline

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

Debt-ridden Greeks angry at defense deal

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.”

Image from pakalert.files.wordpress.com 08.02.2010, 03:19 17 comments

BRIC will rule the world, but not that soon – former WB boss

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 PM on Russian cash-finding mission

Greek Prime Minister George Papandreou met with Russian leadership on Tuesday. Cooperation on major gas and oil pipeline projects dominated talks.

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.

Market Watch 6 November: Down, down, deeper and down

Published: 06 November, 2008, 21:20


Russian shares fell heavily in Thursday trade with stoppages on both the dollar denominated RTS and Ruble denominated Micex, as sliding crude prices and renewed weakness in the global prices for a range of metals combined with a renewed focus on the gloom

 
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