VTB finds 'tricky' main SPO buyer: Qatar

Qatar’s sovereign wealth fund will become the main purchaser in VTB’s secondary public offering, buying $1 billion of the available $3.3 billion shares. It may prove to be a difficult shareholder for Russia’s second largest lending bank.

May 21, 2013 08:37

Inequality surges in world’s richest countries, esp. in times of crisis

Not only has social inequality risen in the industrialized nations over the past three decades, the economic crisis of 2008-09 sped up the deterioration as “pain of the crisis was not evenly shared,” a new report says.

May 19, 2013 04:18

‘Bitcoin threatens economic monopoly, bolsters free speech’

Bitcoin threatens both the financial elite’s monopoly over the economy and the online web of payment systems which have been used as a tool to crack down on free speech on the Internet, Amir Taaki, a bitcoin software developer, told RT.

May 17, 2013 18:21

‘Central banks looking at Bitcoin as real threat to dominance’

Governments and banking officials are watching Bitcoin in fear of losing their leading position to the virtual currency and the infrastructure building around it, Arwa Mahdawi, consultant, journalist and Bitcoin employee, told RT.

May 17, 2013 14:00

'Non-political' Bitcoin is 'like internet – can’t be put away easily'

The crackdown campaign against the Bitcoin payment system was instigated by banks which see it as an “existential threat” to current financial system “crashing down and squeezing so much human energy out of our planet,” blogger Mike Gogulski told RT.

May 17, 2013 12:48

ECB to become chief euro bank supervisor

The establishment of ECB supervision is set to become a prerequisite for banks to receive direct loans from the European Stability Mechanism, the eurozone bailout fund. All 17 member states have endorsed ECB's regulatory role, but fear power may corrupt.

May 17, 2013 09:59