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Finance

Russian markets & ruble hit new lows, as OPEC oil decision weighs
The Russian dollar-denominated share index RTS, has plunged below 1,000 points Friday, with the ruble hitting new lows against the dollar and the euro. This is after OPEC decided to let the market stabilize oil prices and keep output as is.

28.11.2014 08:43

Blood money: 7 UK firms finance globally banned cluster bombs
Since 2011, 151 financial institutions worldwide have invested £17 billion in firms that produce deadly cluster bombs, which are banned under international law. Seven of these financial institutions are British.

27.11.2014 13:40

Reform of Britain’s ‘toxic’ retail banking sector will take a generation – think tank
Radical reform of a crippled and “toxic culture” in high street banking will take a generation to accomplish, a financial services think tank warns.

26.11.2014 12:54

Russia and Vietnam to jointly develop energy in Arctic, Siberia
Russia’s Gazprom and its oil arm Gazprom Neft have agreed with the Vietnamese energy company Petrovietnam to jointly develop Russia’s Arctic offshore oil and gas in Siberia, as well as supply the country’s ESPO blend crude to Vietnam.

26.11.2014 07:51

Kiev's military 'requests' for US aid leaked by Ukrainian hacker group
Ukraine's anti-government CyberBerkut hacker group published documents allegedly showing Kiev's detailed demands for money from the US military, and Washington agreeing to giving them support.

25.11.2014 11:41

Fitch names oil exporters 'vulnerable' to credit downgrades if weak prices persist
Bahrain, Angola, Venezuela, and Ecuador are the most vulnerable to sovereign credit rating downgrades if low oil prices continue through 2015, Fitch said in a report.

25.11.2014 15:51

​Putin signs ‘anti-offshore’ law
Russian President Vladimir Putin has signed into law the “anti-offshore” bill aimed at curbing capital outflow which is estimated at $2 trillion in recent years.

25.11.2014 09:42

​Market manipulation of oil prices backfires on those that start it - Putin
The modern world is interdependent and there is no guarantee that sanctions, a sharp fall in oil prices, or the depreciation of the ruble won’t backfire on those who provoked them, says Russian President Vladimir Putin.

24.11.2014 08:04

‘Privatised and exploited’: MPs debate bill to protect health service from TTIP
MPs on Friday debated Labour MP Clive Efford’s Bill to protect the National Health Service (NHS) from what critics claim is a path of permanent privatisation. Labour won the vote, with a majority of MPs backing the proposed legislation.

21.11.2014 14:04

#Euromaidan 1st birthday: How the Kiev coup grew (Op-Edge)
It’s been a year since thousands of peaceful protesters took part in the initial Euromaidan rallies in Kiev, hoping for a brighter future. Since that optimistic start, the state has been torn to shreds and now its very future is in doubt.

21.11.2014 13:06

‘Middle class would go to jail for what big corporations are allowed to do’
US corporations have enough profit to grease the wheels of Washington DC to have legislation that benefits them, and their workers which are becoming fewer and fewer, are shouldering the tax burden, independent journalist Charlie McGrath told RT.

21.11.2014 11:15

Russian ruble continues recovery, as oil back to $80
The Russian ruble continued its fight back on Friday to move above 46 against the US dollar, as the price of Brent crude slid over the $80 per barrel threshold.

21.11.2014 12:25