The EU ‘horror show’ would not have offered Ukraine any financial benefits, geopolitical analyst William Engdahl told RT. He argues that multinational corporations just want to use Kiev to extract the resources of yet another European country.
The EU is utterly disappointed by Ukraine’s decision to align itself closer to Russia and halt its preparations for signing a European trade and political agreement, effectively killing the country’s chances to eventually join the bloc.
The EU could be caught in the crossfire of Ukraine’s gas gamble with Russia, as a shortfall in supply could mean a cold winter not only for Kiev, but also for the EU, which receives 25 percent of Russian gas via Ukraine.
The secretive Trans-Pacific Partnership agreement is the Obama administration’s bid to perpetuate US hegemony in Asia and lay the groundwork for a Pacific century led by American corporate and military muscle.
The Central Bank of Russia says bonds issued by the steel producer Mechel will no longer be accepted as loan collateral. The announcement shows an apparent strong note of distrust in the company that saw shares nosedive 40 percent in Wednesday trading.
Many EU countries have declared an end to recession, but the weak 0.2 percent growth in the EU for Q3 tells another story. Strong Germany growth dipped to 0.3 percent and the French economy fizzled, dropping to 0.1 percent.
Russia’s President has pushed for an "Iron Silk Road", a trading route to link South and North Korea with Europe, as he visited Seoul. Mr Putin expressed hope that political disputes, one of the main stumbling blocks, will be solved.
Vietnam is a step closer to joining the free trade zone between Russia, Kazakhstan, and Belarus. During President Putin's trip to Hanoi, Russia and Vietnam signed 15 cooperation agreements expected to double trade to $7 billion by 2015.
The United States and the European Union are negotiating a free-trade agreement they hail as mutually beneficial but in actuality would allow corporations to supersede countries’ sovereignty and legal framework, says Max Keiser of RT’s The Keiser Report.
In China this Monday has been dubbed the 11.11 Shopping Festival, and is expected to hit new records for internet purchases. Online retailers offer huge discounts on all sorts of goods, driving sales well above the record seen in the US on Cyber Monday.