Russia could become the third largest participant in the China-led Asian Infrastructure and Investments Bank (AIIB) and enter its board of directors, said Stanislav Voskresensky, Deputy Minister of Economic Development.
As the EU tries to battle its way out of financial crisis, the British mega rich continue to gain capital, according to the Sunday Times’ Rich List. It revealed that during the past 10 years the top one percent’s fortunes more than doubled in the UK.
Russia is interested in developing Chinese investment and cooperation, according to Russian Finance Minister Anton Siluanov. Cooperation has been recently growing, as Western markets are now closed for Russia.
There are no reasons why Russia and Argentina should’t have bilateral ties, Argentinian President Cristina Kirchner said, stressing that it is “absurd” to deem Russia a threat. Kirchner spoke to RT in her first interview to a foreign media in five years.
Political activists gatecrashed Barclay’s AGM in Central London on Thursday to highlight the role of private finance initiatives (PFI) in “killing off” Britain’s public services, racking up unsustainable debt, dodging tax and funneling profits offshore.
China will reportedly allocate $62 billion of its foreign exchange reserves to three state-owned “policy banks” in order to support its New Silk Road project, aimed at creating infrastructure links with foreign markets.
India's Rafale deal is not just purchasing fighter jets. It’s also about facing the challenge of national security, and balancing defense relationships as well as bilateral ties. A diplomatic deftness PM Narendra Modi seems to have lived up to.
Chinese President Xi Jinping has arrived in Pakistan on Monday on his first visit to the country in nearly a decade. He is reportedly going to announce a $46 billion investment in energy and infrastructure.
A third of higher income Americans are living paycheck-to-paycheck, even when they earn $75,000 a year because they would rather spend money on eating out and experiences than save money for retirement, according to a new survey.
A new link between Asia and Europe through Russia will create millions of new jobs and slash travel time between the two by three-quarters. It’s expected to change the world economic map and bring Russia-Asia economic ties to a new level.