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Crisis

Food scare: British health secretary demands urgent inspections of two UK chicken factories
Britain’s Health Secretary, Jeremy Hunt, has demanded the Foods Standards Agency (FSA) conduct an urgent inquiry into two UK factories' alleged poor hygiene practices.

25.07.2014 14:42

Bulgaria's Prime Minister resigns as banking crisis unfolds
The Prime Minister of Bulgaria Plamen Oresharski has resigned his post. His decision came after accusations by opponents of failing to cope with the worst banking crisis in 17 years.

25.07.2014 06:27

1.1 million UK households could be in ‘debt peril’ by 2018
A modest increase in interest rates could render almost 25 percent of UK households in severe financial stress, according to a report published on Thursday. The Bank of England (BOE) has confirmed that such rate hikes are imminent.

24.07.2014 16:31

'US wouldn't press for EU sanctions on Russia if it had any money risked'
There is a huge risk for the EU that Russia continues its pivot process that is already seen in terms of oil and gas pipelines and general trade as Russia switched to China, South Korea and Japan, expert on global financial markets Patrick Young told RT.

16.07.2014 10:23

​‘No way out for Greece while the same policies of austerity are implemented’
Greece has become a social experiment for the implementation of the most extreme neo-liberalism aimed at not contaminating the eurozone during the first period of the crisis, with the same policies being followed now, Greek MEP George Katrougalos told RT.

15.07.2014 13:05

BIS chief warns debt mountain puts global economy into worse state than before 2008 crash
​The global economy is more vulnerable than it was just before Lehman Brothers collapsed says the Bank of International Settlements (BIS), the international finance watchdog, citing even higher debt ratios and emerging market involvement.

14.07.2014 10:53

‘World is still livable due to BRICS counterbalancing West’
The West is now starting to move to its final decay, with the Russia-China alliance becoming stronger, offering Latin America and other regions a multipolar model of the world, author and international consultant Adrian Salbuchi told RT.

14.07.2014 08:57

​US may end controversial five-year ‘easy money’ program in October
The US Federal Reserve said it could end the controversial five-year-old ‘quantitative easing’ program that has pumped about $4 trillion into the US economy as early as October, if there are no signs the economy is still in trouble.

10.07.2014 05:54

​France: A last tango to economic disaster
Both Paris and Buenos Aires boast magnificent boulevards, beloved of tourists who enjoy looking at nations whose best days are (sadly) long since past.

10.07.2014 07:09

French financier to head scandal-plagued Vatican bank
French financier Jean-Baptiste de Franssu has been appointed the new President of the Vatican bank. It is part of the major overhaul of the bank to restore its reputation after a long list of money laundering scandals.

09.07.2014 12:20

‘America using the dollar as a weapon’
The US mixes trade with politics using the dollar as a weapon in sanctions against Iran and Russia, trying to restrict these nations’ access to the US dollar, which creates mass imbalances, Chairman of the Bruges Group think tank, Robert Oulds, told RT.

08.07.2014 10:07

IMF pushes Ukraine to ‘voluntarily commit suicide’
Western support will allow more IMF and European lending to prop the Ukrainian currency so the Ukrainian oligarchs can move their money safely to British and US banks, economist and author Michael Hudson told RT’s Truthseeker.

07.07.2014 13:17

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