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.
The policies of the National Front led by Marine le Pen have become more understood and less demonized so the party is optimistic about the future French presidential election, National Front international spokesperson Ludovic de Danne told RT.
Rainy weather in Brussels did not stop tens of thousands of people from protesting against austerity measures introduced by the new Belgian government. Attendance estimates from police and organizers differed sixfold.
International ratings agency Fitch has downgraded Greece’s sovereign rating from B to CCC ahead of the agency's next scheduled review, amid worries that the country is defaulting on its sovereign debt.
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.
Washington is questioning Beijing's latest restrictions limiting the sale of foreign technology to Chinese banks, claiming the measures would hurt global trade, according to a filing with the World Trade Organization.
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.
The European Central Bank has increased the emergency funds available to Greek lenders by $1.1 billion, in an attempt to keep Greece in the eurozone. But, euroarea officials have told Greece they have zero trust in its ability to deliver effective policy.