Starting April 1, Gazprom will no longer offer Ukraine discounted gas prices because it is more than a year and $1.5 billion late on their debt payments to Russia’s largest gas producer for deliveries, Russian President Vladimir Putin said Tuesday.
Britain’s tax authority is to stop charging value-added tax (VAT) on Bitcoin transactions. It's just a couple of days after one of the world’s biggest exchanges Mt. Gox collapsed, which has added to growing worldwide skepticism about the currency.
A second-wave of revolution, a missing President, and a treasury that is nearly empty, Ukraine is on the brink of bankruptcy. Kiev’s finance minister said it needs $35 billion in aid by the end of 2015.
A controversial trade deal being touted by the White House is expected to give American corporations broad new authority if approved. Now according to newly released documents, big banks gave millions to the execs that are now orchestrating the agreement.
Russia has had diplomatic ties with Tehran since the 16th century and “was close to Tehran in difficult moments",so it should have an advantage in Iran’s re-opened markets following sanctions, says Mehdi Sanai, the Iranian ambassador to Russia.
China is developing its first national single mobile payment platform. It's been created to lift domestic information consumption and boost economic growth, and could replace cash, credit and debit cards.
Chile, Colombia, Peru and Mexico have signed a treaty to eliminate tariffs on 92 percent of goods and services. The Pacific Alliance is free trade area of some 210 million people, accounting for more than a third of all Latin American and Caribbean GDP.
Switzerland’s decision to curb the flow of EU migrants and secure its borders has sparked a fierce discussion over the country’s future relationship with the bloc. MEPs Jo Leinen and Paul Nuttall debated their viewpoints on RT.
Mathew Martoma, a former SAC Capital hedge fund manager, has been found guilty of insider trading by a federal jury. He bought early information about drugs tests which helped his firm avoid $275 million in losses, and netted Martoma a $9 million bonus.
The US risks isolation on the issue of Iran if it is going to continue threatening countries against doing business with Iran, says political analyst and professor at the University of Tehran, Seyed Mohammad Marandi.
A newly unveiled agriculture bill in the United States is drawing heavy fire from Canada, which is threatening retaliatory action if the law’s country-of-origin labeling mandate earns enough support to go into effect.