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Finance

​‘Bitcoin better than any form of money that has ever existed before’
Bitcoin is shaping up to be the currency of the future, enabling people to send and receive money anywhere in the world free of charge in a currency that govts are unable to control, Roger Ver, bitcoin investor and the CEO of Memory Dealers told to RT.

23.04.2014 19:46

Russia says Visa, Mastercard should pay 'security fees' for possible disruptions
International payment systems such as Visa and Mastercard should start sharing their income with Russia to shield the country against future possible disruption, said Natalya Burykina, head of the financial markets committee of the State Duma.

23.04.2014 06:33

Merrill Lynch unveils $8 million ‘boys club’
The entrance ticket to the new “Pinnacle Club” at Merrill Lynch is now $8 million, as the sum top brokers need to produce in commissions and fees has doubled. The joys of membership include $10,000 in cash and additional benefits, Reuters reports.

22.04.2014 07:31

Boomers’ bust: Number of California adults moving in with parents explodes
A shocking reminder of the Great Recession of 2008 is evident by the over-67 percent increase in the number of Californian Baby Boomers who have been forced to move back in with their aged parents out of economic necessity.

22.04.2014 08:51

‘Ukrainian crisis puts China in a very advantageous position’
The Ukrainian crisis is likely to push Russia to develop a crucial relationship with China, and it’s also probable that the US will cozy up more with China to balance against Russia, both of which benefit China, Chinese expert Andrew Leung told RT.

21.04.2014 09:55

Benefit sanctions, greater poverty forcing more people in UK to use food banks
​The users of food banks in the UK are people are being forced to do so as a result of benefit sanctions and delays, family breakdown or debt, and for many it’s the absolute last resort, Alison Inglis-Jones, from the Trussell Trust, told RT.

16.04.2014 13:24

'Russia should take a closer look at China's Union Pay'
By 2018 China will be Russian energy’s biggest customer, along with huge trade volume between the two states. So it makes sense for Russia to take advantage of the China’s Union Pay system, Chinese expert, Andrew Leung, told RT.

15.04.2014 11:54

Asia invests in infrastructure projects despite economic hurdles
While old Europe is sliding into a Cold War redux of self-destructive anti-Russian and pro-US attitudes, Asia is moving fast to consolidate and improve its business.

15.04.2014 11:59

'Time for a new recession'
​The economic cycle is approaching its average upswing, but worryingly many Westerners have yet to encounter the green shoots of recovery.

14.04.2014 11:17

​Euro-Catch 22: Mario Draghi’s woes over QE
Not only is the eurozone economy festering, even the ultimate in Quantitative Easing may prove an entirely poisoned chalice.

08.04.2014 07:36

Moody’s downgrades Ukraine to ‘default imminent’
Moody's Investors Service has downgraded Ukraine's government bond rating one notch from Caa2 to Caa3, citing the current political crisis and deepening economic instability as reasons for its negative outlook.

05.04.2014 08:30

Russia should switch to ruble payments with all trading partners - head of VTB Bank
The head of VTB Bank has urged Russia to start transitioning to ruble payments with all its trading partners, including China and Western Europe, adding that export companies should lead the way in adopting the change.

02.04.2014 23:23

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