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.
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.
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.
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.
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.
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.
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.
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.