The global economic slowdown has caused oil prices to fall to the lowest since 2002, with Brent crude sliding more than seven percent on Monday to just $22 a barrel....
March 30, 2020
UK budget carrier EasyJet said on Monday that it has parked its entire fleet after completing repatriation flights. The coronavirus health crisis is bringing the global travel industry to a...
March 30, 2020
Stocks in Asia and Europe suffered fresh losses on Monday due to unrelenting pressure from the worsening global spread of Covid-19. The virus has already infected more than 724,000 people...
March 29, 2020
Those trying to get gold via the EFP (Exchange for Physical) are now realizing that the real metal is not there, further shattering the positions of paper gold, RT's Keiser...
March 29, 2020
Paid holidays announced by the Russian government to prevent the spread of Covid-19 will come at the expense of economic growth, but support for struggling businesses may offset the negative...
March 29, 2020
If the Covid-19 infection does not get you thanks to government prevention measures, the downside is that these steps may deprive you of fresh food, including fruit and vegetables. While...
March 29, 2020
If the Covid-19 infection does not get you thanks to government prevention measures, the downside is that these steps may deprive you of fresh food, including fruit and vegetables. While...
March 29, 2020
If the Covid-19 infection does not get you thanks to government prevention measures, the downside is that these steps may deprive you of fresh food, including fruit and vegetables. While...
March 28, 2020
Russia has learned to survive Western sanctions and managed to accumulate enough funds to keep its economy afloat for several years even if oil prices continue to decline. In a...
March 28, 2020
As the deadly infection spreads across the US, the demand for gold, the all-time safe-haven metal, has skyrocketed, but there is not enough of it in local coffers to satisfy...
March 28, 2020
A new agreement to stabilize oil markets is possible if more nations support the initiative, according to the head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev. In an...
March 28, 2020
SpaceX rival OneWeb has filed for bankruptcy less than a week after launching another batch of internet satellites, as it failed to raise more funds for its program amid the...
March 27, 2020
World economy has entered a recession ‘as bad or worse’ than the global financial crisis – IMF chief
IMF chief Kristalina Georgieva said it's “clear” that the global economy has “entered recession” due to the evolving Covid-19 pandemic, and that the organization is working on projections to assess...
March 27, 2020
US markets dropped on Friday as the House of Representatives is expected to vote on a $2 trillion stimulus bill to contain the coronavirus spread. Almost 86,000 Americans have now...
March 27, 2020
US markets dropped on Friday as the House of Representatives is expected to vote on a $2 trillion stimulus bill to contain the coronavirus spread. Almost 86,000 Americans have now...
March 27, 2020
As the US surpasses China in the highest number of coronavirus infections worldwide, economists are raising concerns of massive bankruptcies, as well as supply shock and demand problems for the...
March 27, 2020
Russian gold and foreign currency holdings have shed almost $30 billion or more than five percent in one week in the biggest drop since the global financial crisis amid the...
March 27, 2020
European markets opened significantly lower on Friday, ignoring all the stimulus pledges by governments this week, as the deadly Covid-19 pandemic continues to spread. Europe now accounts for more than...
March 27, 2020
The coronavirus pandemic will push the US jobless rate even higher than it was during the Great Depression if all the gloomy forecasts are true, Roger Farmer, an economist at...
March 26, 2020
Governments across the world are taking emergency measures to curb the rapid spread of the Covid-19 pandemic. There are currently almost 500,000 cases and over 22,000 deaths worldwide. The Keiser...
March 26, 2020
Key American stock indexes opened higher on Thursday despite fresh jobs data revealing a worse than expected number of unemployment claims which has surged to over three million. The Dow...
March 26, 2020
The US Labor Department reported on Thursday a record number of jobless claims which surged to 3.28 million. The number shatters the Great Recession peak of 665,000 in March 2009...
March 26, 2020
The number of Americans filing for unemployment benefits is set to climb to historic highs after claims in Canada crushed the previous weekly record as Covid-19 brings businesses to a...
March 26, 2020
The global economic downturn due to coronavirus and the breakup of OPEC+ has sent the ruble tumbling, which could give Russia an unexpected advantage in the oil price war. While...
March 26, 2020
Global market sentiment has declined ahead of the latest US jobless claims data that is expected to show a massive spike in unemployment claims after businesses stateside shut down in...
March 25, 2020
Russian President Vladimir Putin outlined a range of measures on Wednesday to tackle the economic impact of the Covid-19 outbreak. They included making sure that everyone pays their fair share...
March 25, 2020
Wall Street was up and down on Wednesday after a historic surge in the previous session that saw the Dow Jones Industrial Average soaring more than 2,000 points in its...
March 25, 2020
The US Senate and the White House have reached an agreement on a $2 trillion relief plan to buffer the economy as fears of a deep global recession continue to...
March 25, 2020
Russia is less vulnerable to external shocks linked to turbulence in energy markets than many other oil-exporting nations, according to rating agency Moody's. The dramatic plunge in oil prices could...
March 25, 2020
Operations at Boeing factories in the state of Washington were suspended on Wednesday for two weeks in order to reduce Covid-19 risks after several workers contracted the virus. The measure...
March 25, 2020
Markets in Europe continued gaining on Wednesday as the US government agrees to unlock $2 trillion worth of funds to cushion the blow to the economy from the coronavirus pandemic....
March 25, 2020
Key indices in Asia continued to rise on the news that the White House and US Senate reached a long-anticipated rescue plan to mitigate the impact of Covid-19 on the...
March 25, 2020
Key indices in Asia continued to rise on the news that the White House and US Senate reached a long-anticipated rescue plan to mitigate the impact of Covid-19 on the...
March 25, 2020
Shares advanced in Asia on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on injecting...
March 24, 2020
Federal authorities have charged a Pennsylvania attorney with bilking his law clients out of more than $2.7 million in an investment fraud scheme. The U.S. attorney's office said Tuesday that...
March 24, 2020
The Dow Jones Industrial Average had its best one-day percentage gain in nearly 90 years, soaring 2,093 points by the time markets closed on Tuesday as investors braced for Congress...
March 24, 2020
Unemployment in the United States could hit unprecedented levels in the coming weeks and months, according to recent research by the developers of the US Private Sector Job Quality Index...
March 24, 2020
The main American stock indexes surged on optimism that the huge government rescue bill to save the economy from the coronavirus is close to being passed, and an unlimited stimulus...
March 24, 2020
Since the outbreak of the Covid-19 pandemic, global stock markets have been on a dizzying rollercoaster ride and, according to experts, that is likely to continue. RT's Keiser Report was...
March 24, 2020
This is the single greatest financial crisis of our time, chief economist and the CIO of Saxo Bank Steen Jakobsen told RT. It is worse than 2008 and perhaps the...
