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22.01.2009, 04:12

Bank Bailout Risks Default

US and UK politicians seem determined to bankrupt their economies in their struggle to save the banks.

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.

02.12.2008, 16:54

Bank chief murder suspect arrested in Moscow

One of the key suspects in the assassination of Andrey Kozlov, the vice-president of the Central Bank of Russia, has been arrested in Moscow. Andrey Kosmynin had been on the federal and international wanted list for two years.

08.12.2008, 13:11

Don’t go breaking my bank! Elton’s Moscow payday

Sir Elton John has become the latest world star to visit Russia for a performance at a private party. The British pop icon reportedly received $US 3 million for attending Sunday’s grand opening of a concert hall in Rublevka, a super-rich area of Moscow.

28.02.2009, 21:39 4 comments

Expert predicts Eurozone collapse

Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.

AFP Photo / Leon Neal 14.03.2009, 22:19

G20 Finance ministers demand reforms and fight protectionism

At a meeting in southern England, financial policymakers from the G20 group pledged to increase the role of the International Monetary Fund and make a “sustained effort” to restore global growth.

Image from utilityweek.co.uk 18.10.2010, 09:09 4 comments

UK on verge of new crisis

Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.

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.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

15.09.2009, 09:36 6 comments

BRIC to call the shots in post-crisis world

The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.

Stupidity got us into this crisis – why can’t it get us out?

Published: 12 February, 2009, 19:48


Ewan McGregor in Trainspotting movie (Directed by Danny Boyle, 1996)

Western politicians are trying to take the high ground, publicly criticizing bankers for paying themselves big bonuses.

 
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