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Global economy

​HSBC threatens to leave Britain after mild banking reforms
Global banking giant HSBC says it could move its headquarters out of the UK in the wake of regulatory and structural reforms put in place after the 2008 financial crisis.

24.04.2015 14:57

Obama defends, pitches TPP trade deal as Democrats balk
President Barack Obama has been on the receiving end of harsh criticism over a pair of trade deals being negotiated among Pacific nations and the EU, mostly from his own party. On Thursday, he defended the deals as “vital” for the middle class.

24.04.2015 01:53

The EU-Gazprom war
The European Commission (EC) is slapping anti-trust charges against Russia’s Gazprom under the pretext the energy giant is blocking competition in Central and Eastern Europe.

22.04.2015 11:43

Unions, activists look to derail Trans-Pacific Partnership fast-track
Trade unions, populist activists and many Democratic lawmakers are rallying against the Trans-Pacific Partnership (TPP) trade deal. They say the secretive treaty is harmful to US workers, the economy and environmental policies.

20.04.2015 21:52

‘Default would be best scenario for Greece’
Given the remaining differences in the approach to the bailout between the Greek government and the Troika, a default would be the best thing for the Greek people, Marco Pietropoli, London-based economist, told RT.

20.04.2015 10:48

Sell at home, not to US, Treasury chief tells exporters
The world’s leading exporters should boost domestic demand and inflation to stimulate growth, the US treasury secretary said, rather than look to US markets to absorb their products. He also called for flexible currency rates, especially in China.

18.04.2015 00:41

UK postpones £3bn debt auction as Bloomberg outage keeps global investors in the dark
The UK Debt Management Office (DMO) was forced to put off an auction of short-dated Treasury bills, as Bloomberg terminals used by traders, investors and governments around the world suffered a two and a half hour outage Friday morning.

17.04.2015 11:37

US lawmakers agree to fast-track secretive international trade deals
Leaders of two key congressional panels have agreed on a deal that would “fast-track” the Obama administration’s ability to draft a pair of controversial international trade bills and move them through Congress.

16.04.2015 21:28

Juncker doesn’t have authority to delay EU treaty changes, say Tories
A growing number of Eurocrats allegedly oppose Prime Minister David Cameron’s demand for EU treaty renegotiation, as they are fearful of a quiet democratic revolution born of EU citizens’ will to protect the sovereignty of national parliaments.

16.04.2015 12:46

Texas chef hit with possible $2,000 fine for feeding the homeless
A Texas chef who has fed San Antonio’s homeless population for the past 10 years from a non-profit mobile food truck was suddenly cited and fined by local police for feeding the homeless.

16.04.2015 00:34

$50bn Asian infrastructure bank approves 57 founding members
The China-led Asian Infrastructure Investment Bank (AIIB) has approved 57 countries as founding members after including an extra seven, according to China’s Finance Ministry.

15.04.2015 10:50

​Big Mac attack: US low-wage workers prepare to strike in over 200 cities
Low-wage fast food workers are preparing for a one-day nationwide protest in what some are saying will be the largest mobilization of US workers seeking to achieve higher pay, benefits and the right to unionize.

15.04.2015 08:44