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Big deal

EU & Switzerland ink historic agreement to end Swiss banking secrecy
The European Union and Switzerland have signed a tax transparency agreement that will put an end to Swiss banking secrecy for EU residents. The sides will start automatically sharing data on residents’ financial accounts from 2018.

27.05.2015 07:28

Russia won’t be taking Mistral warships from France – official
Russia won’t try and get its ill-fated Mistral helicopter carriers from France, a Russian official has announced. Moscow and Paris are set to discuss damages to be paid by France for welching on the deal.

26.05.2015 15:43

Charter Communications acquires Time Warner Cable in $78.7bn deal
US leading broadband company Charter Communications has acquired Time Warner Cable in a deal worth $78.7 billion. The new company is expected to become one of the largest cable and broadband operators in the US.

26.05.2015 10:26

Iran to construct 48 power plants in Indonesia in 5yrs
Iran and Indonesia have agreed to build 48 small-scale hydroelectric power plants. The two countries seeking to improve ties harmed by sanctions over Tehran’s nuclear program.

25.05.2015 11:31

Russia’s MPs give final nod to capital amnesty
Russia’s Duma has adopted the final reading of the capital amnesty legislation which is expected to curb the outflow of money from Russia, estimated at $2 trillion in recent years.

22.05.2015 14:52

BRICS trample US in South America
It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow.

22.05.2015 13:36

Greece claims deal with Troika in 10 days
Greece says a deal with creditors will be reached in the next 10 days, and aims to meet all payments in time while the eurozone says “a lot is still left to do.” A Troika deal will unlock the much-awaited €7.2 billion bailout for cash-strapped Athens.

22.05.2015 07:34

China offers to build 1st high-speed rail link to Russia
Jilin Province in China has offered to build a railway to Vladivostok for Russia’s Far East Region of Primorsky Krai. It would be the first cross-border high-speed rail link between the two countries and Russia’s major Pacific port.

21.05.2015 09:47

Show us the deal: Senators Warren, Manchin demand Obama disclose TPP
Two Senate Democrats have sponsored a bill demanding the White House reveal the terms of the Trans-Pacific Partnership (TPP) to the public at least two months before Congress could give President Obama fast-track authority.

19.05.2015 21:23

‘US closing eyes to Saudi atrocities – sign of extraordinary hypocrisy for Iranians’
The US is accusing Iran of being a “sponsor of terrorism” while ignoring their Saudi allies are slaughtering Yemeni civilians, funding Al-Qaeda, and have occupied Bahrain, said political analyst at Tehran University Seyed Mohammad Marandi.

14.05.2015 12:10

‘Quasi-state Kosovo West’s only ally in Balkans, SE Europe’
Albanians are just a proxy for Western intervention in the Balkan area where it is easy for the West, following its goals, to ignite the Balkan powder keg by playing off ancient ethnic discords, Sasha Knezev, Serbian-American author, told RT.

14.05.2015 03:36

China allocates $96mn for Sino-Russian Amur Rail Bridge
The Heilongjiang branch of the Export-Import Bank of China has allocated over $96.5 million to construct the Chinese section of the Sino-Russian railway bridge. The first railway bridge over the Amur River should cut transportation times and boost trade.

12.05.2015 11:26