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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
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.