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Global economy

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

‘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

What Putin is not telling us
Even facing what under any circumstances is a perfect storm; President Putin delivered an extremely measured performance at his annual press conference and Q&A marathon.

18.12.2014 14:38

TTIP won’t lead to NHS privatization, Deputy PM claims
The controversial EU-US trade deal, TTIP, would not be backed by the British government unless national control of public services is guaranteed, Deputy Prime Minister Nick Clegg has insisted.

18.12.2014 12:28

​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

Solstice searching: On market panics & currency collapse
The shortest day of the year is almost at hand. The longest night of worry for Russia’s economy is already upon us. Despite financial storm clouds which threaten international contagion, there is still hope.

17.12.2014 08:32

'Ruble slide: Speculators moved in as Central Bank was asleep at the wheel'
For the sake of the Russian economy, the Central Bank cannot continue its waiting game strategy for too long hoping that speculators give up before it does, says Mike Ingram, a market strategist at BGC Brokers in London.

16.12.2014 14:25

Whites the new minority in America by 2044
New population projections by the US Census Bureau show that whites will become a minority by 2044. The US will be home to a youthful, growing minority population juxtaposed against an aging, slow-growing, and soon to be declining white population.

16.12.2014 02:41

Canada pressures US to pass Keystone XL as falling oil prices threaten project
The Keystone XL pipeline may no longer make economic sense to build, thanks to falling global oil prices. However, Canada's natural resources minister is in Washington to push hard for the project’s construction.

15.12.2014 21:13

Labour immigration stance contradicted in counter-UKIP strategy leak
On the morning of Ed Miliband’s critical speech announcing Labour’s immigration policy, a leaked document revealed the party’s MPs and activists had been told to “move the conversation” away from immigration when speaking to voters.

15.12.2014 12:19

Oil prices plunge below $60 on weak forecast by IEA
The oil glut continues, says the latest International Energy Agency’s (IEA) report which slashes demand growth forecasts for 2015. A weak economic outlook for China, Europe, and Russia will see demand rise one percent, not enough to offset oversupply.

12.12.2014 11:25

Delta Airlines employee fired for protesting low wages
A Delta Airlines employee spoke to the press about the need to raise the minimum wage for less than a minute – but that was long enough to invalidate more than a quarter-century of work and get him fired.

12.12.2014 01:14