Business

August 24, 2020
Russia calls on fellow BRICS countries to DUMP US DOLLAR in favor of trade in national currencies

The Russian trade minister has called on the members of the BRICS trade alliance to increase the volume of settlements in national currencies to be more independent from Washington's policies....

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August 24, 2020
Russian economy to contract under 5% this year before returning to growth

Russia's response to the coronavirus outbreak and government stimulus measures will prevent the national economy from falling more than five percent, according to the country's Industry and Trade Minister Denis...

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August 24, 2020
China’s steel output jumps to new record high in July as demand recovers

As the world's second largest economy recovers from the coronavirus pandemic, its steel sector reached record high output last month, according to fresh industry data. China produced 93.36 million tons...

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August 24, 2020
3 reasons why oil prices won’t rally anytime soon

It's a worrying time for oil markets as bullish news fails to drive oil prices higher and a wave of negative developments look set to hit the industry in the...

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August 24, 2020
India wants all the coking coal & anthracite Russia can deliver

New Delhi plans to boost imports of coking coal, anthracite, and pulverized coal from Russia to 40 million tons per year. The supplies, worth around $4.5 billion, are intended to...

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August 23, 2020
Kuwait is running out of money to pay public salaries

Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country's finance minister told parliament. Unless oil...

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August 23, 2020
Kuwait is running out of money to pay public salaries

Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country's finance minister told parliament. Unless oil...

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August 23, 2020
Kuwait is running out of money to pay public salaries

Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country's finance minister told parliament. Unless oil...

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August 23, 2020
Sales of electric cars growing in Russia but trend not exactly catching on

Russians bought just 48 new electric vehicles (EVs) in July, which is 17.1 percent more than in the same month last year, according to data from the analytical agency Avtostat....

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August 22, 2020
Thousands of tons of cargo to be transported via Russian Arctic sea route in 2020

About 12,000 tons of cargo is planned to be transported this year via Russia's Northern Sea Route (NSR), according to Petr Savchuk, Deputy Head of the Russian Federal Fishery Agency....

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August 22, 2020
Saudi Arabia refuses to learn from its two FAILED oil price WARS

Saudi Arabia appears to have learned nothing from its two failed oil price wars, with the oil kingdom suggesting this week that it is ready to increase its production capacity...

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August 21, 2020
Apple asks court to reject Epic Games’ bid to keep Fortnite in App Store during legal battle over in-game payments

The plot has thickened in the legal battle between Apple and Epic Games, as the iPhone maker accused the developers behind Fortnite of deliberately hurting customers to profit from their...

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August 21, 2020
‘Eurozone at crossroads’ as economic recovery stalls on Covid-19 growth

A new survey by the research firm IHS Markit showed that the European economy's recovery from the coronavirus recession stalled this month, as some earlier pandemic-related restrictions have been reinstated....

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August 21, 2020
World’s largest offshore rig owner files bankruptcy

UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8-billion debt pile for equity. The company...

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August 21, 2020
Domestic travel is biggest thing right now, authority in sector tells Boom Bust

The global travel sector has been battered by the Covid-19 outbreak, with 2020 becoming one of the worst years for the industry so far. RT's Boom Bust talks to Barry...

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August 21, 2020
Chinese electric car maker Nio ready to challenge Tesla in major global markets

One of China's largest electric car marques, Nio, is pressing ahead with plans to expand to Europe and beyond. Shares of Nio, which is considered by many as the ‘Tesla...

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August 20, 2020
Trump canceling talks with China just ‘electoral posturing by president in a difficult election,’ Professor Wolff tells Boom Bust

US trade talks with China have been placed in hiatus, after President Donald Trump said he doesn't want to speak to Beijing anymore. RT's Boom Bust is joined by the...

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August 20, 2020
Trump canceling talks with China just ‘electoral posturing by president in a difficult election,’ Professor Wolff tells Boom Bust

US trade talks with China have been placed in hiatus, after President Donald Trump said he doesn't want to speak to Beijing anymore. RT's Boom Bust is joined by the...

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August 20, 2020
Russia & China will lead the world back to GOLD STANDARD, investment manager tells Keiser Report

In the latest episode of Keiser Report's annual Summer Solutions series, Max and Stacy talk about governments' endless money printing and a global hyperinflation in fiat currency. They talk to...

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August 20, 2020
Worst financial crash coming: ‘US is the LARGEST DEBTOR NATION in the history of the world’ – legendary investor Jim Rogers

While monetary stimulus may have provided short-term relief to the financial markets, the enormous amount of debt created as a result will create negative consequences for the economy in the...

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August 20, 2020
‘Humbled’ Boeing gets first 737 Max order since two deadly crashes

US plane maker Boeing has received its first order for the 737 Max since regulators grounded the jets after two fatal crashes. It said that Polish airline Enter Air had...

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August 20, 2020
‘Humbled’ Boeing gets first 737 Max order since two deadly crashes

US plane maker Boeing has received its first order for the 737 Max since regulators grounded the jets after two fatal crashes. It said that Polish airline Enter Air had...

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August 19, 2020
Apple becomes first $2-TRILLION US company after seeing almost 60% growth in 2020

Apple became the first US-listed company in history to reach a $2-trillion market capitalization, which means it doubled in valuation in about two years. Shares in the technology giant rose...

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August 19, 2020
Cash in on chaos: Oil piracy has SPIKED during COVID pandemic

The Covid-19 pandemic and floating oil storage boom are threatening to reverse the trend of declining attacks as pirates are looking to cash in on the chaos. The year 2019...

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August 19, 2020
Washington wants to use ‘sanctions weapon’ against Russia’s Nord Stream 2 pipeline – professor tells Boom Bust

US lawmakers are ramping up threats against the construction of the Nord Stream 2 pipeline that will carry natural gas from Russia to Germany. Boom Bust talks to Bill Hederman,...

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August 19, 2020
Endgame for America: Dollar literally a BOMB that could go off any day, warns Peter Schiff

The scale of money printing in the United States is unprecedented, says veteran stockbroker Peter Schiff. The deficits are “through the roof and the government is spending more money than...

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August 19, 2020
DESPOTIC DOZEN: Top 12 US oligarchs now own $1 TRILLION in total wealth – more than GDP of Belgium & Austria combined

New research by the US' Institute for Policy Studies (IPS) showed that, since the beginning of the pandemic, the 12 top US billionaires have seen their combined wealth soar by...

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August 18, 2020
Brazil’s Petrobras launches development of major deepwater oil field

Brazil's state oil major Petrobras has launched a new phase in the development of the first deepwater oil project since the start of the crisis, at the Mero field in...

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August 18, 2020
US states seek BILLIONS from drug ‘KINGPIN’ Johnson & Johnson and its distributors for causing opioid crisis

About a dozen US attorneys general are seeking a combined $26.4 billion from three major drug distributors and drug maker Johnson & Johnson (J&J) to settle opioid litigation against the...

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August 18, 2020
Banks will fail, GET OUT of FIAT, economist tells RT’s Keiser Report

In the latest episode of Keiser Report's annual Summer Solutions series, Max and Stacy talk about the big moves in gold prices and the signals that the US dollar's days...

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August 18, 2020
Death of DOLLAR good for GOLD: Bullion pushes past $2,000/oz as greenback dips

The price of gold has climbed one percent above $2,000 per ounce on Tuesday, as the US dollar weakened to a more than two-year low. Analysts expect the bullion run...

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August 18, 2020
Death of DOLLAR good for GOLD: Bullion pushes past $2,000/oz as greenback dips

The price of gold has climbed one percent above $2,000 per ounce on Tuesday, as the US dollar weakened to a more than two-year low. Analysts expect the bullion run...

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August 18, 2020
Death of DOLLAR good for GOLD: Bullion pushes past $2,000/oz as greenback dips

The price of gold has climbed one percent above $2,000 per ounce on Tuesday, as the US dollar weakened to a more than two-year low. Analysts expect the bullion run...

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August 18, 2020
India’s GDP to contract by over 16% in April-June amid pandemic uncertainty

The world's fifth-largest economy, India, is expected to contract by 16.5 percent during the quarter covering April to June of the current fiscal year, according to a research report by...

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August 17, 2020
Trump’s election victory will boost US stock market, Biden-Harris win will be ‘disastrous’ – Mark Mobius

President Trump's stance of lifting COVID lockdowns will kickstart the country's economic recovery, according to veteran investor Mark Mobius. He believes governments should lift lockdowns to get economies going. In...

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August 17, 2020
Trump’s election victory will boost US stock market, Biden-Harris win will be ‘disastrous’ – Mark Mobius

President Trump's stance of lifting COVID lockdowns will kickstart the country's economic recovery, according to veteran investor Mark Mobius. He believes governments should lift lockdowns to get economies going. In...

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August 17, 2020
Trump’s election victory will boost US stock market, Biden-Harris win will be ‘disastrous’ – Mark Mobius

President Trump's stance of lifting COVID lockdowns will kickstart the country's economic recovery, according to veteran investor Mark Mobius. He believes governments should lift lockdowns to get economies going. In...

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August 17, 2020
Editorial Roundup:

Dallas Morning News. Aug 14, 2020 Only one Texas prison has zero COVID-19 cases. Let's follow their example. There's no secret to this prison's success: They wash hands, wear masks...

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August 17, 2020
China is the biggest winner of the US renewables boom

As the shift to clean and renewable energy begins to gain serious momentum, the US is now facing another conundrum: Being too dependent on China for the minerals used to...

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August 17, 2020
Crowd protests outside US Postmaster’s North Carolina home

More than 100 demonstrators converged outside the North Carolina mansion of the postmaster general, protesting the cutbacks, delays and other changes to the U.S. Postal Service that have created fears...

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