Google, semiconductor giant Qualcomm and other blue chip companies have invested $542 million in venture funding into Magic Leap, a little-known company that promises to mesh virtual objects with our view of the world.
Economists in Russia say Moody’s rating cuts were largely expected and won’t have a dramatic effect on the economy, as its solvency remains strong and the debt to GDP ratio is many times lower than in most of the other major world economies.
A blockade on the truth in America can be broken by billboard campaigns, like that criticizing Fox News host Sean Hannity, with the involvement of crowdfunding and cryptocurrency, Max Keiser, the host of RT's ‘Keiser Report’, told RT.
On Election Day, Tennesseans will vote on whether or not to amend the state constitution to permanently ban income and payroll taxes in the Volunteer State. But even if the resolution fails, it is unlikely the legislature will institute new taxes.
Russia’s economic development minister Aleksey Ulyukaev has claimed that sanctions against Moscow will not be extended, but insisted that Moscow has no plans to cancel its own counter-sanctions until the West drops theirs.
Corporations around the world have billions of dollars in their bank accounts and they don’t spend it because the economy is not growing, but the economy is not growing because they are not spending the money, stock market analyst David Kuo told RT.
Even though China is stronger in terms of purchasing power parity (PPP), the US remains the largest economy in absolute terms and is likely to keep this position for at least six more years, Max Fraad Wolff, New York based economist, told RT.
A senior London banker has become the first person to be prosecuted for fixing the London interbank offered rate (Libor), a scandal that resulted in billions worth of losses for savers as banks fraudulently boosted their profits.
Ukrainian Prime Minister Yatsenyuk’s statement that $1.67 billion was transferred as part of the country's gas debt payment actually refers to the repayment of Eurobonds which Ukraine’s Naftogaz received under state guarantees, Russia’s Gazprom says.