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.
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.
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.
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.
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.
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.
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.
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.
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.