‘Central banks looking at Bitcoin as real threat to dominance’

Governments and banking officials are watching Bitcoin in fear of losing their leading position to the virtual currency and the infrastructure building around it, Arwa Mahdawi, consultant, journalist and Bitcoin employee, told RT.

May 17, 2013 14:00

India and China to dominate world savings and investment by 2030

Countries classified today as developing will dominate global savings and investment in less than a generation, according to the World Bank. India and China are forecast to provide 38% of the total investment by 2030.

May 17, 2013 13:19

'Non-political' Bitcoin is 'like internet – can’t be put away easily'

The crackdown campaign against the Bitcoin payment system was instigated by banks which see it as an “existential threat” to current financial system “crashing down and squeezing so much human energy out of our planet,” blogger Mike Gogulski told RT.

May 17, 2013 12:48

US companies treat UK citizens like ghosts to rip them off

Google, Amazon, and Starbucks are being pilloried by the UK public accounts committee for their tax policies in the UK. Is this just?

May 17, 2013 12:09

Market Buzz: Crude recovery could bump Russian floors

Russian stocks continued their slump, falling a fifth consecutive day as crude oil declined. The rouble strengthened against the dollar, closing at 31.34, and continues to gain momentum on Asian floors, currently up 0.17 percent to 31.40 at 9:41 MSK.

May 17, 2013 06:51

Shares of Russian metallurgy and electricity giants plummet on key index exit

Russian metallurgy and electricity giants have seen their shares nosedive up to 10% after being kicked out of the exclusive MSCI index. Analysts say even more losses lay ahead for the companies.

May 16, 2013 15:32