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Global economy

Gorbachev Foundation urges ‘new Perestroika’ to save Russia
A leading NGO founded by ex-Soviet President Mikhail Gorbachev has released a report saying that Russian authorities should decentralize power, stimulate political competition and abandon the policy of confrontation with Western nations.

28.05.2015 08:23

Corporations shell out $1.2mn in Senate contributions to fast-track TPP
Records from the Federal Election Commission show corporations have been donating tens of thousands of dollars to Senate campaign coffers, particularly to lawmakers who were undecided over a controversial trade deal involving Pacific Rim countries.

27.05.2015 22:39

Chinese trend sees new billionaire every week - report
The center of great wealth creation has shifted from the United States east to Asia, a joint report from UBS and PwC shows. China, the most outstanding example, produced new billionaire almost every week in the first quarter of 2015.

27.05.2015 09:19

Chicken or Egg? Brexit & the End of the EU
Britain is demanding reform and the EU risks its own demise if it doesn’t listen.

26.05.2015 14:43

‘Greek government’s responsibility for debt crisis approximately zero’
After inheriting years of poor economic performance, Greece’s new Syriza government can’t be blamed for being unable to pay June installments to the IMF, James Galbraith, economist and professor from the University of Texas, told RT’s In the Now show.

26.05.2015 09:57

Oil platform ablaze in Gulf of Mexico, 28 workers evacuated – Coast Guard
A fire broke out early Friday morning on a small oil platform in the Gulf of Mexico, forcing the evacuation of 28 workers. No injuries were reported, but a 1.4-mile oil slick was visible in the water.

22.05.2015 22:48

​BRICS to establish new multi-currency financial order – experts to RT
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT.

22.05.2015 15:40

Kiev’s limitations on human rights in Donbass ‘not a carte blanche’
Ukraine’s derogation from certain human rights obligations in east Ukraine does not give it carte blanche; all restrictions must be proportionate or necessary, and monitored by international bodies, Rachel Denber of Human Rights Watch, told RT.

22.05.2015 09:58

​‘Astounding lack of oversight’: UK foreign aid decried by NGOs, cautioned by watchdog
The UK government has been criticized for the increasingly close relationships it has encouraged between businesses, aid delivery and development following an audit by a development watchdog.

21.05.2015 13:07

​Terror threat: Belfast most dangerous city in Europe – risk analysts
Belfast faces the highest risk of terrorism of all European cities, while London is “low risk” despite being an “attractive target,” a new study claims.

21.05.2015 08:23

‘Kiev blames Russia as Ukraine approaches default’
As Kiev passes legislation allowing it to halt debt repayments, Russia is getting the blame, Jacques Sapir, from the School for Advanced Studies in the Social Sciences told RT.

20.05.2015 14:12

Los Angeles to raise minimum wage to $15 by 2020
The Los Angeles City Council agreed to raise the city’s minimum wage by more than a dollar per hour each year until the amount reaches $15 an hour by 2020, city officials said on Tuesday. The measure would affect the finances of 800,000 people.

19.05.2015 23:02