The UK economy is expanding at its fastest rate since 2007, performing better than any other economy in the G7. Despite the GDP boost, critics say that youth unemployment and wage depression point towards far deeper structural issues.
Major airlines saw stock shares nosedive on Wednesday, after media reports said that Russia could block flights over Siberia. However, Russian Foreign Minister Sergey Lavrov said the reports are simply rumors.
People find it hard enough to trade with Russia in the first place without any sanctions. While sanctions will cause a big detrimental effect and will job losses in the UK, the founder of Export Explorer Tim Jelley told RT.
Egypt is planning to build a new Suez Canal alongside the existing waterway, as part of a multi-billion dollar project to invest in port and shipping infrastructure. This will be a vital source of hard currency to the Arab country.
Judges who serve on the FISA court, approving the government’s collection of phone metadata, have bought Verizon stock in the last year. Although the justices have financial involvement in the company, it is not considered a conflict of interest.
The United Arab Emirates announced plans to get ahead of other Arab nations and enter cosmic exploration with a space agency of its own. By 2021, the first unmanned UAE spaceship is supposed to blast off from the Arabian Peninsula on a mission to Mars.
EU leaders may impose a new round of sanctions against Russia at Wednesday’s summit, including blocking trade and investment in Russia and Crimea, according to media sources that have obtained a copy of a draft statement.
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.
Foreign buyers of US residential real estate surged 35 percent last year, with Chinese buyers, searching for moderately priced, safe investments in a sea of economic and political uncertainty, outspending the rest of the world.