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Trade

'Russia should take a closer look at China's Union Pay'
By 2018 China will be Russian energy’s biggest customer, along with huge trade volume between the two states. So it makes sense for Russia to take advantage of the China’s Union Pay system, Chinese expert, Andrew Leung, told RT.

15.04.2014 11:54

Asia invests in infrastructure projects despite economic hurdles
While old Europe is sliding into a Cold War redux of self-destructive anti-Russian and pro-US attitudes, Asia is moving fast to consolidate and improve its business.

15.04.2014 11:59

WTO expects trade growth to more than double in 2014
World trade is expected to grow by 4.7 percent in 2014, more than double the 2.1 percent increase last year, the WTO says. The growth however could be subdued by increasing geopolitical tensions and the slowdown in developing economies, the report warns.

15.04.2014 07:35

US to become oil independent by 2037 – EIA
US may stop importing oil by 2037 as abundant domestic crude supplies, including North Dakota’s Bakken field and Texas’s Eagle Ford formation, may push production to the level of consumption, according to the US government.

08.04.2014 10:46

Europe not moving away from Russian energy
Europe has no plans to move away from Russian gas, with major energy projects like South Stream expected to remain in place, according to Reiner Hartmann, Chairman of the Association of European Businesses.

08.04.2014 07:41

'Bumpy start': World Bank trims China growth forecast to 7.6%
​The Chinese economy continues to cool, and the World Bank has lowered its 2014 forecast to 7.6 percent growth, down from an earlier 7.7 percent. The global recovery remains shaky as 2014 kicks off with a “bumpy start”.

07.04.2014 11:19

Russia will not import GMO products - PM Medvedev
Russia will not import GMO products, the country’s Prime Minister Dmitry Medvedev said, adding that the nation has enough space and resources to produce organic food.

05.04.2014 23:30

No winners if sealing trade agreement tanked Ukraine economy – Yanukovich
Neither the EU, nor Ukraine and Russia would have gained if Kiev had rushed to sign the trade association agreement back in November, Ukraine’s ousted President Viktor Yanukovich has said.

02.04.2014 13:20

Pyrrhic victory for whistleblowers on Transatlantic Trade Agreement
​Unbeknownst to the wider world, two enormous trade deals have been in the works for the past several years.

02.04.2014 08:59

Japan hikes sales tax first time in 17 years
Japanese consumers stocked up on necessities or splurged on luxury goods before April 1, when sales tax increased for the first time since 1997 from 5 to 8 percent. Tax revenues will help combat deflation and tackle the country’s $10 trillion public debt.

01.04.2014 11:00

EU cozies up to China, as relations with Russia sour
Chinese President Xi Jinping is wrapping up his official European tour. His hosts have pampered the head of state and his 200-strong business entourage as the two economic blocs work towards a multi-billion dollar free trade agreement.

31.03.2014 12:11

Crimea to be special economic zone with tax breaks
Moscow will make Crimea a special economic zone with tax breaks to attract investors, Russian Prime Minister has announced at a government session in Crimea’s capital Simferopol.

31.03.2014 09:47

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