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Global economy

UK Supermarket first in world to be powered entirely by garbage
A Sainsburys supermarket has become the first to be powered directly from its food waste, instead of electricity from the National Grid.

21.07.2014 17:03

Turkey and Russia discuss Customs Union collaboration
Stalled progress towards EU membership has shifted Turkey’s economic interest, and it is now looking for closer cooperation with Russia’s Customs Union, Economic Development Minister Aleksey Ulyukayev said.

21.07.2014 07:00

Nobel Prize winning economist praises $100 bn BRICS bank created to counter Western dominance
Nobel Prize-winning economist Joseph Stiglitz has praised the new development bank founded this week by the BRICS countries for creating a financial institution that could counter the Western-dominated IMF and World Bank.

18.07.2014 14:50

Recession hits youth hardest - report
​Young Britons were struck far harder by the recession than older generations and have found it more difficult to secure work and housing, a report has found.

15.07.2014 10:57

Cameron announces £1.1bn investment in defense spending
UK Prime Minister David Cameron is to unveil an increase of £1.1 billion in defense spending, to fight “unseen enemies” including cyberattacks and terrorism.

14.07.2014 12:26

‘No to TAFTA’: France celebs campaign against EU-US trade deal, sign petition
One hundred French celebrities have launched a campaign against the upcoming TAFTA deal between the US and Europe. The protesters say the new treaty will lower economic standards and bring a large influx of GMO products from the US.

11.07.2014 08:15

UK wages took bigger hit post-crisis than govt. estimate- report
​UK wages during the financial crisis plummeted even more than originally estimated, new research shows.

10.07.2014 12:06

US sanctions are new type of offensive weapon – Russia’s Deputy FM
Russia's leading diplomat in charge of relations with the US has called Washington’s policy of sanctions “a new offensive strategic weapon”, and warned that Russia was preparing a response, albeit not a mirror one.

04.07.2014 07:26

Russian Deputy PM pledges support to Moldova’s breakaway region
The Association Agreement between Moldova and the EU is violating the basic rights of people living in the breakaway Republic of Transdniester, claims Deputy PM Dmitry Rogozin as he promised “full-fledged support” to the region.

02.07.2014 12:25

‘US hegemony in world has ended’ – Russia’s deputy security chief
The deputy head of Russia’s supreme security body says US international dominance is being replaced by multiple centers of power. He urged a global agreement on the results of the Cold War, warning that the world could otherwise become engulfed in chaos.

02.07.2014 07:47

'US aims to thwart Chinese Silk Road project proclaiming its Asia pivot’
A Chinese idea of creating two New Silk Roads could be a big boom for a lot of people who live along the Silk Road route, and obviously all the countries at both ends of it, China expert Ann Lee told RT.

26.06.2014 09:59

House passes bill to weaken Dodd-Frank and help Wall Street, Koch brothers
The House of Representatives voted Tuesday to water down key parts of the 2010 Dodd-Frank Act, weakening the Commodity Futures Trading Commission’s power to regulate derivatives. The resulting bill helps big banks and the Koch brothers.

26.06.2014 00:15

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