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Economy

One year on: How the Western media finally changed its tune on Sochi
Almost a year after the Sochi Olympics wowed winter sports enthusiasts worldwide, it’s possible to review the initial impact of their legacy. The former Soviet resort city has been transformed into a luxury destination the equal of anything in Europe.

23.01.2015 15:08

Cuba urges US to end economic blockade, return Guantanamo
Cuban leader Raul Castro has called on the US to end the economic embargo against the country and demanded that Guantanamo Bay be returned to Cuba as relations between the two nations undergo a historic thaw.

28.01.2015 19:44

Nae fracking here! SNP govt imposes shale gas moratorium in Scotland
Scotland has imposed a moratorium on shale gas planning permits while an assessment on the impact of shale drilling is completed, ministers told the Scottish Parliament on Wednesday.

28.01.2015 15:14

US signs $2bn loan guarantee deal with Ukraine
The US has put a final signature the $2 billion loan guarantee deal for Ukraine, adding that it is prepared to step up sanctions against Russia if necessary.

28.01.2015 15:31

Russell Brand says scrap Trident nukes, challenged by shipyard MP
Comedian and activist Russell Brand has received an invitation from docklands workers in Cumbria after he called for the UK’s Trident nuclear deterrent replacement program, which their jobs depend on, to be scrapped.

28.01.2015 13:26

How the super-rich deal with social inequality?
As social inequality is increasing, the rich look to protect their wealth and many invest in supporting candidates who’d lighten their regulatory and tax burden, Robert Johnson President of Institute of New Economic Thinking told RT.

28.01.2015 14:26

‘US seeks to swallow Ukraine to exploit resources, bring it into NATO’
The US, along with West-controlled financial institutions, plans to take Ukraine into its economic, financial and military orbit, Richard Becker from the Answer Coalition told RT.

28.01.2015 11:52

‘Greece-EU clash over anti-Russia statement: others may follow Athens’ suit’
Greece’s discontent with the EU over an anti-Russian statement may give new momentum to other European countries, and make it easier for them to have courage to say “no” to Brussels dictate, foreign affairs analyst Srdja Trifkovic told RT.

28.01.2015 09:53

£5bn Scotch whisky industry outpaces UK steel, shipbuilding
Scottish distilled barley, better known as whisky, adds £4.96 billion to the UK economy per year, making it bigger than the British iron and steel, textiles, shipbuilding or computer industries, according to the Scotch Whisky Association.

28.01.2015 08:47

​Russia’s PM signs multibillion dollar anti-crisis plan
Russian Prime Minister Dmitry Medvedev has signed a one-year anti-crisis plan designed to stabilize the economy. The document includes 60 measures and will cost at least $35 billion (2.3 trillion rubles).

28.01.2015 07:20

Russian PM vows ‘unrestricted’ response if banned from SWIFT payment system
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more sanctions as the Ukraine crisis deteriorates.

27.01.2015 19:22

​MP blames Somali immigrants for death of British pubs
Britain’s pubs are closing down because of Somali immigrants, a government minister has said, arguing that migrants are replacing white working class communities in the UK.

27.01.2015 17:03