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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

EU formally charges Google over search 'abuse'
The EU has officially filed a complaint against Google for allegedly abusing its dominance in the European market. The case could carry a fine of up to $6 billion, which would be the biggest settlement in EU antitrust history.

15.04.2015 10:08

Barclays ends investment in ‘toxic’ coal mining practice under campaign pressure
Following years of political pressure from financial justice campaigners and concerned account holders, British bank Barclays has ceased funding controversial firms that profit from environmentally devastating mining techniques.

07.04.2015 16:13

Market watch: Tesla shares jump after company unveils ‘Model W’ timepiece on April Fools
In the eyes of investors, Tesla Motors can do no wrong. A blog post unveiling the company’s “Model W” ‒ a watch ‒ sent stocks surging momentarily… until, perhaps, people actually read the post that referred to an orangutan and Big Ben.

02.04.2015 16:00

Foreign investors to return to Russia, as economy ‘entering new track’ – Finance Ministry
Overseas investors will start bringing their money back to Russia soon, after they realize the country’s economy is “entering a new track,” according to Russia’s Deputy Finance Minister Aleksey Moiseev.

02.04.2015 14:04

​BRICS leadership passes to Russia, $100bn development bank ‘main priority’
As Russia assumes the chairmanship of the BRICS business council, the launch of the New Development Bank for its members will begin as an alternative to the US-dominated International Monetary Fund (IMF).

01.04.2015 11:43

Worst over for Russian economy, time to talk success - economists
Economists in Russia and the US agree the worst is over for Russian economy, with Bloomberg changing its tone praising it as an ‘underrated land of opportunity’. Experts agree President Putin’s economic team managed to turn around a pressing environment.

30.03.2015 12:42

Fitch downgrades Greece’s rating to 'CCC'
International ratings agency Fitch has downgraded Greece’s sovereign rating from B to CCC ahead of the agency's next scheduled review, amid worries that the country is defaulting on its sovereign debt.

28.03.2015 17:33

​‘Mideast unrest causes oil spike, but it’s only temporary’
The risk of political instability in Saudi Arabia always goes along with a spike in the oil price as it has been the largest producer of crude oil in the world, Amir Handjani, lead director at RAK Petroleum, told RT.

27.03.2015 14:07

China-led infrastructure bank - ‘indication of de-dollarization that makes US unhappy’
The US was forced to change its mind over cooperating with the China-led development bank after its allies refused to join a boycott, which is a sign that dollar hegemony is not lasting, Lew Rockwell, chairman of the Ludwig von Mises Institute told RT.

25.03.2015 10:13

​New realities: Parliamentary BRICS
The idea to establish a parliamentary forum emerged as a result of the active development of diverse cooperation within the framework of BRICS.

24.03.2015 14:12

Lee Kuan Yew - Political genius personified
Once a swamp, Singapore has grown, despite lacking the natural resources of neighbors, to become one of the world’s richest states with a simply staggering economic growth, all thanks to the leadership of one great statesman.

24.03.2015 11:20