Business

September 17, 2020
US-China investments plunge to lowest level in nearly a decade

A new report by Rhodium Group shows that investment between the United States and China in the first half of the year tumbled to an estimated $10.9 billion, from $26...

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September 17, 2020
Federal Reserve must ‘thread a narrative needle’ as Covid-19 splits US into ‘two parallel economies’ – ex-Fed insider to Boom Bust

The US Federal Reserve has announced that it can keep interest rates near zero for at least the next three years despite better than expected recovery of the US economy...

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September 17, 2020
WVa National Guard hosting regional disaster training in ’21

The West Virginia National Guard will host a regional disaster training exercise next year, and the event is expected to draw more than 1,000 participants. Gov. Jim Justice announced Vigilant...

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September 17, 2020
EPL to air in China again through Tencent deal

The English Premier League has found a new broadcast partner in China, with digital media platform Tencent Sports showing games for the rest of the season. The previous deal with...

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September 17, 2020
No lie too big: Keiser Report compares Big Oil’s plastic pollution to US Fed’s ‘toxic waste dumps’ of fiat money

In a new episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that most plastic is not actually recycled. It is just dumped in the landfill...

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September 17, 2020
Alibaba teams up with drug maker Sinovac to create platform for coronavirus vaccine inoculation

The flagship health care platform of one of China's leading tech giants - Alibaba Health Information Technology - has inked an agreement with Chinese coronavirus vaccine developer Sinovac Biotech. The...

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September 17, 2020
US Treasury & the Fed like partners in crime ripping off the American public – Peter Schiff

As the fiscal 2020 budget deficit of the United States surged past $3 trillion, more than double the previous record deficit, Treasury Secretary Steven Mnuchin called for more federal spending....

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September 17, 2020
TikTok’s Chinese owner says Oracle deal in limbo as Trump ‘not prepared to sign off on anything’

The fate of US operations of Chinese video app TikTok is still uncertain as both the White House and the owner of the platform, ByteDance, say that no final agreement...

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September 17, 2020
Asian stocks retreat on lack of new Fed action

Asian stock markets tumbled Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans....

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September 17, 2020
Asian stocks retreat on lack of new Fed action

Asian stock markets tumbled Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans....

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September 16, 2020
Pioneer in women’s college sports has died in Pullman

Pioneering sports administrator Joanne Washburn, who spent 39 years at Washington State and was involved in a landmark lawsuit to bring equality to women's sports, has died at the age...

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September 16, 2020
OPEC+ complied 101% with oil production cuts in August

The OPEC+ coalition saw its overall compliance rate with the production cuts at around 101 percent in August, three sources in the group told Reuters. On Wednesday, OPEC+ panels start...

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September 16, 2020
OPEC+ complied 101% with oil production cuts in August

The OPEC+ coalition saw its overall compliance rate with the production cuts at around 101 percent in August, three sources in the group told Reuters. On Wednesday, OPEC+ panels start...

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September 16, 2020
OPEC+ complied 101% with oil production cuts in August

The OPEC+ coalition saw its overall compliance rate with the production cuts at around 101 percent in August, three sources in the group told Reuters. On Wednesday, OPEC+ panels start...

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September 16, 2020
Boeing is broken in more ways than one – pilot spokesman tells Boom Bust

The US Federal Aviation Administration (FAA) is expected to reach a key milestone for the troubled Boeing 737 MAX's return. The jet has been grounded for nearly 18 months since...

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September 16, 2020
Unprecedented decline: Global economy expected to contract 4.5% this year

After collapsing in the first half of 2020, global economic output is recovering following the easing of measures to contain COVID-19 and the initial re-opening of businesses. However, a sharp...

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September 16, 2020
Germany offers US billion-euro LNG investment deal to lift sanctions from Russia’s Nord Stream 2 gas pipeline – report

Berlin has offered to invest €1 billion in US liquefied natural gas (LNG) if Washington lifts sanctions against the Russia-led Nord Stream 2 gas pipeline project, newspaper Die Zeit reported...

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September 16, 2020
Global tourism industry lost $460 BILLION due to COVID pandemic, UN says

The massive drop in international travel during the first half of 2020 has led to a loss of 440 million international arrivals, according to the UN World Tourism Organization (UNWTO)....

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September 15, 2020
US violated trade rules with 2018 China tariffs, WTO rules – but good luck enforcing it

The Trump administration's 2018 tariffs on Chinese goods violated an international trade treaty, the World Trade Organization has ruled, finding in China's favor. But its decision might be difficult to...

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September 15, 2020
China opens its market to more Russian meat suppliers

Eight more Russian firms have been allowed to supply meat and poultry by-products to China, Russia's food safety regulator Rosselkhoznadzor said on Tuesday. As a result, 49 Russian enterprises will...

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September 15, 2020
Austria’s president wants Nord Stream 2 completed, says it’s a ‘commercial project’ with no connection to Navalny incident

Austrian President Alexander Van der Bellen says he is against the idea of blocking Russia's Nord Stream 2 gas pipeline over the situation with the alleged poisoning of Russian opposition...

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September 15, 2020
US economy DEAD & no ‘formaldehyde of fiat money’ could reanimate it – Max Keiser

In a new episode of RT's Keiser Report, Max Keiser and Stacy Herbert discuss ‘the chart of the year' showing income soaring in the United States as government transfers boost...

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September 15, 2020
Second wave of COVID could crush road fuel recovery

A resurgence of coronavirus cases in many part s of the world over the next few months will be the main hurdle to global demand for gasoline and diesel recovering...

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September 15, 2020
India’s economy to contract 9% due to impact of coronavirus pandemic – S&P

International ratings agency S&P Global said it is expecting the Indian economy to shrink by nine percent in the fiscal year ending March 31, 2021. That's larger than its previous...

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September 14, 2020
Airbus warns of MASSIVE LAYOFFS amid “gravest crisis” in company’s history

The head of European plane maker Airbus, Guillaume Fauryhas, has told staff that compulsory redundancies may be imposed as the air travel industry fails to recover as quickly as expected...

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September 14, 2020
Will Trump bail out struggling refiners?

The Trump Administration's biofuel boogie continues with a new plan to help ease the economic pains of refiners which have been denied waivers through a series of potential financial aid...

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September 14, 2020
China aims to boost yuan’s global drive along Silk Road

A senior Chinese government adviser said that Beijing aims to use its national currency, the yuan, “as much as possible” in its Belt and Road Initiative (BRI), to try to...

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September 14, 2020
Uber begins second court battle to fight London ban

Ride-hailing giant Uber kicked off an appeal hearing on Monday to fight a decision to ban it from operating in London, which is its largest market by far in Europe....

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September 14, 2020
Europe tests gateway for tracing apps to work across borders

Six European Union countries and the bloc's executive Commission have begun testing a virtual “gateway” to ensure national coronavirus tracing apps can work across borders. The trial starting Monday will...

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September 14, 2020
Fed set FIERCEST WILDFIRE that’s burning out of control through the entire US economy – Peter Schiff

As wildfires sweep through US West Coast states, causing millions of dollars in damage and disrupting countless lives, economist Peter Schiff says the Federal Reserve has set an even fiercer...

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September 13, 2020
Russians spending more on domestic holidays due to international travel restrictions

Spending by Russians on travel around the country grew 1.5 times in the second half of the summer season, amounting to about 9.5 billion rubles (over $125 million), VTB Bank's...

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September 13, 2020
Russian car market becomes second largest in Europe

Despite car sales falling in August, the Russian car market became one of the largest in Europe, climbing to the second spot only behind Germany, according to the analytical agency...

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September 13, 2020
US gasoline demand is crumbling as driving season comes to an end

The recovery in gasoline demand in the United States slowed down in August, even turning negative in the last week of the month as driving season came to an end...

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September 13, 2020
Central Bank of Russia does not rule out another pandemic wave & $25 oil price

Assessing risks for the Russian economy, the country's financial regulator warned that a new wave of Covid-19 may result in lower oil prices and a deeper economic contraction. The Central...

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September 13, 2020
Central Bank of Russia does not rule out another pandemic wave & $25 oil price

Assessing risks for the Russian economy, the country's financial regulator warned that a new wave of Covid-19 may result in lower oil prices and a deeper economic contraction. The Central...

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September 13, 2020
Central Bank of Russia does not rule out another pandemic wave & $25 oil price

Assessing risks for the Russian economy, the country's financial regulator warned that a new wave of Covid-19 may result in lower oil prices and a deeper economic contraction. The Central...

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September 13, 2020
The worst is yet to come: Another 176 mn people worldwide could fall into poverty after pandemic, UN warns

The economic downturn resulting from the Covid-19 pandemic is unprecedented in peacetime since the Great Depression of the 1930s, UN poverty expert Olivier De Schutter has said. According to a...

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September 13, 2020
The worst is yet to come: Another 176 mn people worldwide could fall into poverty after pandemic, UN warns

The economic downturn resulting from the Covid-19 pandemic is unprecedented in peacetime since the Great Depression of the 1930s, UN poverty expert Olivier De Schutter has said. According to a...

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September 13, 2020
The worst is yet to come: Another 176 mn people worldwide could fall into poverty after pandemic, UN warns

The economic downturn resulting from the Covid-19 pandemic is unprecedented in peacetime since the Great Depression of the 1930s, UN poverty expert Olivier De Schutter has said. According to a...

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September 12, 2020
Latest: Oregon officials urge outdoor work delay amid smoke

The Latest on wildfires in the U.S. West (all times local): 9:35 a.m. SALEM, Ore. — Oregon officials are urging employers to stop or delay outdoor work, including construction and...

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