Chinese authorities have turned out to be at the crossroads with no clear strategy regarding the Ukrainian crisis, as any definite stance would have a negative impact on relations with one of its main partners.
An ‘enormous gulf’ has been exposed between the EU and the US through Europe’s reluctance to buy hormone meat or GM food from the US. Industry and labor groups voiced concern to EU and US negotiators that the globe’s biggest trade pact was under threat.
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.