OPEC`s decision not to reduce oil production will affect major oil producers and may undermine the global oil industry, planting the seeds for a major oil crisis in 2015 or 2016, international oil economist, Dr. Mamdouh Salameh told RT.
Since 2011, 151 financial institutions worldwide have invested £17 billion in firms that produce deadly cluster bombs, which are banned under international law. Seven of these financial institutions are British.
OPEC is not a monolithic organization and it fails to agree on common policy, so it’s unlikely that the upcoming Vienna meeting will become a deciding factor on oil prices, Adrian Salbuchi, International consultant, told RT.
The Eurasian Economic Union is a major new geopolitical organization contributing to the further integration of Western Europe and the dynamic economies of the Asia-Pacific region, according to a top Russian parliamentarian.
The average UK household is just days away from an emergency situation in the event of sudden financial hardship, according to a new report to be released this week. Meanwhile, one food bank has reported a surge in new participants.
MPs on Friday debated Labour MP Clive Efford’s Bill to protect the National Health Service (NHS) from what critics claim is a path of permanent privatisation. Labour won the vote, with a majority of MPs backing the proposed legislation.
Around 30 percent of the world’s population is now obese, while 50 percent is expected to fall into the category by 2030. Meanwhile, 5 percent of global deaths each year are linked to the condition, creating a drag on the global economy.
US corporations have enough profit to grease the wheels of Washington DC to have legislation that benefits them, and their workers which are becoming fewer and fewer, are shouldering the tax burden, independent journalist Charlie McGrath told RT.