A “toxic triangle” of political inaction, short-sighted economic policies and profit-driven fossil fuel advocates threaten to raise global temperatures, leaving 400 million people in jeopardy of hunger and drought by 2060, Oxfam UK warned on Friday.
One of the European Parliament’s most outspoken eurosceptic group has collapsed after a Latvian MEP withdrew her membership. The bloc’s dissolution represents a financial blow to Nigel Farage’s UK Independence Party.
Even the Swiss economy isn’t immune to the "fragile and vulnerable eurozone" and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.
Athens has informed the International Monetary Fund (IMF) that it will end its obligations to the unpopular rescue program, which placed crippling austerity measures on the country, more than a year early.
Corporations around the world have billions of dollars in their bank accounts and they don’t spend it because the economy is not growing, but the economy is not growing because they are not spending the money, stock market analyst David Kuo told RT.
With current forecasts Germany can’t keep up the rates of economic bailout and credit support that it has previously given to South European countries, the director of the Freedom Association in the UK Rory Broomfield told RT.
Four NHS hospitals have been placed on standby to cope with a potential Ebola outbreak in Britain. Prime Minister David Cameron chaired a Cobra security meeting on Wednesday to address the threat posed by the virus.
The Fitch rating agency has downgraded Kiev's long-term rating, as the Ukrainian capital failed to repay its domestic $87 million debt. The move could be classified as a “restricted default” if the city fails to settle bonds by October 10.
In the dramatic diplomatic disaster that is occurring alongside the Ukrainian crisis, why are European leaders compelled, against their better interest and judgment, to follow Washington into an intractable feud with neighboring Russia?