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Finance

Cuban reset is ‘gambit by Obama administration’
Obama and Castro are master chess players, but Fidel has never lost a game in his life: the US is betting the government will be overthrown while the Castros are sure they will consolidate their position, Daniel Bruno, Buenos Aires based expert told, RT.

19.12.2014 09:32

Russians abandon London real estate as recession looms over Moscow
Russia’s economic crash, driven by the plunging price of oil and tough Western sanctions, is prompting well-off Russian investors to abandon London’s property market. Money from super-wealthy Russian oligarchs, however, continues to flow into Britain.

19.12.2014 09:20

‘Putin keeps ace up his sleeve to surprise market’
President Putin has not disclosed his future strategic plans during the annual Q&A since to surprise international markets one should always have an ace up the sleeve, French economist Jacque Sapir told RT.

18.12.2014 13:29

Russia to supply banks with up to $6.54bn to fight off crisis
Banks in Russia will get a government boost to finance debt and projects as the country risks recession. On Friday, the State Duma passed the last two readings of a law to allocate up to 10 percent, or $6.54 billion, from a sovereign wealth fund.

19.12.2014 09:38

Swiss central bank turns to negative interest rate amid ruble crisis
The Swiss National Bank has switched to a negative deposit rate for some deposits, as it seeks to avoid excessive growth of the national currency. The ruble crisis and unrest in global financial markets have fuelled demand for the Swiss franc.

18.12.2014 14:04

‘Ruble drop- continuation of global credit crisis’
A global crisis has never ended, most of the Western states have enormous debts which they are not able to pay off, and the current collapse of the Russian currency is just its continuation, Mitch Feierstein, of Glacier Environmental Fund, told RT.

18.12.2014 15:02

US media in propaganda war with global anti-fracking activism
As 2014 comes to a close the American mainstream media has represented the most aggressive attack on global environmental movements that defend peoples’ right to live in healthy and clean environment worldwide.

18.12.2014 14:02

Latest Psaki gaffe no laughing matter
Jen Psaki, the US State Department spokesperson, uttered yet another gaffe when she declared that the Obama administration signed off on more economic sanctions against Russia, setting off alarm bells in Russia.

18.12.2014 14:30

​America’s wealthiest families smash income ceiling, middle-class left far behind
Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant.

18.12.2014 08:32

​AFK Sistema shares skyrocket after co-owner released from custody
The shares of AFK Sistema have jumped by more 35 percent by 12.00pm MSK after the company's co-owner Vladimir Yevtushenkov was released from house arrest earlier than planned.

18.12.2014 08:24

More equal societies do better. Why then are governments supporting inequality?
The OECD has confirmed what most sensible economy watchers realized a long time ago - rising inequality is smothering economic growth globally. As the erosion of the middle class continues, when will policymakers wake up?

16.12.2014 12:39

Upper House plans probe into Central Bank role in ruble crash
Federation Council Chair Valentina Matviyenko has ordered a vote on a parliamentary investigation into the recent activities of the Central Bank and its alleged role in the worst-ever plunge of the ruble rate.

17.12.2014 12:48