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Crisis

​IMF policies in Ukraine irresponsible – Ron Paul
The IMF move to extend a bailout to Kiev only serves the US foreign policy agenda and does nothing to save Ukraine from economic meltdown, according to former US presidential candidate Ron Paul, who says the whole system cannot be fixed but only scrapped.

31.03.2015 03:59

Kiev's new plan to avoid collapse? Ban Russian cartoons!
Ukraine’s economy is close to collapse as its banking system falls apart. Rather than facing fiscal reality, its hyper-nationalist government has prioritized banning Russian cartoons.

30.03.2015 16:14

​Greece to turn to Russia for economic help - media
The Greek government reportedly plans to negotiate a possible reduction in gas prices from Russia and the lifting of the embargo on certain types of Greek products.

30.03.2015 10:42

​Ukraine’s Naftogaz suggests Gazprom extend ‘winter gas package’
Ukraine’s Naftogaz has written to Gazprom suggesting extending the terms of the ‘winter package’ deal until the fall–winter period of 2015. There will be a trilateral meeting of Russia, Ukraine and the European Union in mid-April over the gas dispute.

30.03.2015 07:41

Germany needs 500,000 migrants a year until 2050 - study
With the baby boom generation preparing to retire, the scarcity of labor in Germany is likely to become chronic, with half a million immigrants needed annually for 35 years, a study claims, predicting a sharp drop in Germany's workforce.

28.03.2015 11:45

​‘Mideast unrest causes oil spike, but it’s only temporary’
The risk of political instability in Saudi Arabia always goes along with a spike in the oil price as it has been the largest producer of crude oil in the world, Amir Handjani, lead director at RAK Petroleum, told RT.

27.03.2015 14:07

Ukraines's $3bn debt to Russia puts multibillion dollar IMF package at risk
Ukraine’s $3 billion debt to Russia could undermine the IMF’s four-year multibillion dollar bailout program. If the debt is considered official, it will breach the terms of providing financial assistance, said IMF spokesperson William Murray.

27.03.2015 06:54

China-led infrastructure bank - ‘indication of de-dollarization that makes US unhappy’
The US was forced to change its mind over cooperating with the China-led development bank after its allies refused to join a boycott, which is a sign that dollar hegemony is not lasting, Lew Rockwell, chairman of the Ludwig von Mises Institute told RT.

25.03.2015 10:13

​Moody’s downgrades Ukraine heralding imminent default
International rating agency Moody's has downgraded the long-term issuer rating of Ukraine to the second lowest Ca grade from Caa3, leaving the outlook negative and a high possibility of the country’s imminent default.

25.03.2015 07:34

‘We’re going to succeed in implementing our economic policies’ – Greek minister
What Greece is trying to achieve negotiating with the EU is to have time and political space in order to implement a social program of reform, Greek Minister or Administrative Reform George Katrougalos told RT.

24.03.2015 14:16

Conflict in Ukraine wipes out 25% of country's economy
Ukraine’s economy has contracted by a quarter due to the conflict in the south east of the country as hundreds of facilities are closed, said Prime Minister Arseny Yatsenyuk.

24.03.2015 08:51

Germany wants Greece in eurozone, but demands more reforms
Germany says it wants Greece to remain part of the eurozone and wants good relations with its fellow EU member. However, Chancellor Angela Merkel concedes Athens must commit to implementing structural reforms to pay back the bailout money.

24.03.2015 09:10