Several dozen historical Italian castles are up for sale, their owners unable to pay maintenance costs and high taxes. But Russian buyers are stepping in, searching for properties in "strategic locations."
Obama and Castro are master chess players, but Fidel has never lost a game in his life: the US is betting the government will be overthrown while the Castros are sure they will consolidate their position, Daniel Bruno, Buenos Aires based expert told, RT.
President Putin has not disclosed his future strategic plans during the annual Q&A since to surprise international markets one should always have an ace up the sleeve, French economist Jacque Sapir told RT.
A global crisis has never ended, most of the Western states have enormous debts which they are not able to pay off, and the current collapse of the Russian currency is just its continuation, Mitch Feierstein, of Glacier Environmental Fund, told RT.
Britain’s oil industry is in a “crisis” and may be “close to collapse,” a senior oil industry expert has said, as the UK’s biggest oil and gas companies continue to cut staff and investment and the price of crude slumps.
For the sake of the Russian economy, the Central Bank cannot continue its waiting game strategy for too long hoping that speculators give up before it does, says Mike Ingram, a market strategist at BGC Brokers in London.
The current ruble exchange rate does not correspond to the macroeconomic situation, Russia’s Economic Development Minister Aleksey Ulyukaev said, adding that market players now need a new set of guidelines.
The UAE Energy Minister Suhail Al-Mazrouei says OPEC will maintain output at 30 million barrels of oil a day, and wants to monitor the price for three months before even considering a meeting about possible changes.
The abolishment of the South Stream gas project will negatively affect countries which need cheap energy, such as Hungary, Anna Van Densky, a political commentator for EU Reporter Magazine, told RT ahead of the Central Europe summit in Prague.