India knows what to get and from whom, Dr. Sreeram Chaulia of the Jindal School of International Affairs told RT. It wants to hedge its bets and build close relations with BRICS, while trying to attract investment from the US and Europe, he said.
The trade deficit of the world’s third largest economy hit a new record of around $108 billion in 2014, the highest since 1979. Sharp demand for energy in Japan after the Fukushima disaster boosted imports; lower oil prices could reverse this in 2015.
Russia is immediately banning the import of table salt from a Ukrainian company because of impurities in the product. Consumer watchdog Rospotrebnadzor says salt from Ukraine’s Artemsol is not up to standard.
UK Prime Minister David Cameron paid tribute to Saudi Arabia's King Abdullah bin Abdulaziz after the monarch passed away on Thursday. His death has prompted debate over his legacy, and his relationship with the British establishment
It’s doubtful the Davos forum will address unemployment as the participants are more concerned with what model of car they should buy than care about people who work for living, says Curtis Ellis Executive Director of the American Jobs Alliance.
The current oil price decline can be explained by heavy selling in US future markets which is part of an all-out economic war between the US and countries like Russia, Iran and Venezuela, says financial journalist, Willem Middelkoop.
US should hold itself to a higher standard and stop acting unilaterally and violating international rules whenever it feels its interests jeopardized, said Nick Sarwark of the Libertarian National Committee on President Obama’s State of the Union speech.
US President Barack Obama has called on Congress to begin work on ending the five-decade Cuban embargo in 2015. Instead of “a phony excuse for restrictions,” Washington is now offering “the hand of friendship to the Cuban people,” he said.
A broad alliance of farmers, ethical consumers, and anti-capitalist activists staged a march through Berlin that numbered up to 50,000, to denounce the proposed TTIP treaty between the US and EU, and mass farming technologies.
OPEC countries have so far failed to reach an agreement on cutting oil production and currently the group is divided into two camps: those in favor of reducing production and those who want to keep things as they are oil expert Rami Eljundi told RT.