Spain became one of the first European countries to roll out a 5G network as Vodafone Spain commercially launched the service in 15 cities, including Madrid and Barcelona, in cooperation...
June 15, 2019
Moscow and Brussels are keen on quickly extending the use of the ruble and the euro to bilateral payments, the Russian Finance Minister said, after a meeting with the European...
June 14, 2019
New Delhi is preparing to respond against unfriendly US trade policies directed at it, by hiking levies on 29 American goods, in all worth up to $290 million, Indian media...
June 14, 2019
Iranian President Hassan Rouhani said on Friday that his country is ready to provide incentives for economic activity to the member states of the SCO (Shanghai Cooperation Organization). Read Full...
June 14, 2019
US investment in Russia was 13 times bigger than official numbers show, statistics released by the United Nations Conference on Trade and Development (UNCTAD) have revealed. Read Full Article at...
June 14, 2019
Chinese technology giant Huawei is in the process of launching its “Hongmeng” operating system (OS) to replace Google's Android OS, the firm's vice president of public affairs and communications Andrew...
June 14, 2019
The bridge linking the Crimean Peninsula with mainland Russia has had its first railroad line completed. The first train is expected to cross the newly built Crimean Bridge later this...
June 13, 2019
Russian President Vladimir Putin has invited recently re-elected Indian Prime Minister Narendra Modi to attend the Eastern Economic Forum, which takes place in Vladivostok in September. Read Full Article at...
June 13, 2019
The Central Bank of Russia (CBR) reported Thursday that the country's international reserves amounted to $502.7 billion last week, thus exceeding the target level set by the regulator. Read Full...
June 13, 2019
Crude shipments designated for the West could be in danger, the International Association of Independent Tanker Owners (INTERTANKO) has warned after what Iran described as suspicious attacks on oil tankers...
June 13, 2019
Chinese overseas direct investment has fallen precipitously in the last four years, John Quelch, dean of the University of Miami Business School has told Boom Bust. Read Full Article at...
June 13, 2019
US president Donald Trump says he is considering slapping sanctions on Russia's Nord Stream 2 natural gas pipeline project, insisting that the US has a much “better” alternative for Europe....
June 13, 2019
The Central Bank of Russia (CBR) is studying a proposal to create a gold-backed cryptocurrency, which could be used for cross-border settlements with other countries. Read Full Article at RT.com
June 13, 2019
While the raging trade dispute between the world's largest economies is none of Moscow's business, it is hard to remain impartial when it comes to the interests of strategic partners,...
June 12, 2019
Iran is revising its economic policies in order to make its economy independent from oil and fend off the consequences of US sanctions against the Islamic Republic, Foreign Minister Mohammad...
June 12, 2019
One of the world's largest telecom companies, Huawei, may launch self-driving vehicles as early as 2021 together with partners in China and beyond, a Huawei representative has revealed to the...
June 12, 2019
Ridesharing giant Uber plans to start trials of its flying cars next year in Melbourne. The city is the third flagged by Uber for the new taxi service, while it...
June 12, 2019
In a bid to reduce its reliance on crude oil revenues, the sultanate of Oman's Secretariat General of Taxation has announced a slew of new taxes on products ranging from...
June 11, 2019
Chinese authorities have invited the Indian government to join efforts to effectively offset the potential impact of “protectionist“ and “unilateral“ trade practices implemented by the US across the world over...
June 11, 2019
US President Donald Trump has once again accused France of creating trade barriers to US wine exports. He promised that he would work to open the European market to ‘great'...
June 11, 2019
Malaysian Prime Minister Dr. Mahathir Mohamad proposed a gold-backed currency as a unit of account for trade between East Asian nations. Today's currency trading is manipulative, he said. Read Full...
June 11, 2019
After Google cut Huawei off its Android operating system, the Chinese telecom giant is seeking alternatives to keep its smartphones working. A viable option has reportedly been found in Russia....
June 11, 2019
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says....
June 11, 2019
There is a risk that oil prices could drop to as low as $30 a barrel because OPEC and its Russia-led allies could produce more oil by the end of...
June 11, 2019
India must reduce import duties on American goods, motorcycles in particular, to zero, President Donald Trump demanded amid escalating trade tensions with the South Asian nation, stressing that the US...
June 10, 2019
China's vast gold stockpile saw another boost in May, marking an ongoing increase for a sixth straight month, according to the latest data published by the People's Bank of China....
June 10, 2019
US President Donald Trump said on Monday that China will make a deal with the United States “because they're going to have to.” China has lost trillions of dollars since...
June 10, 2019
Exceeding all the analysts expectations, exports of goods from China saw a dramatic surge in May as Chinese trade activity demonstrated stiff resistance against the ongoing trade battle with Washington....
June 10, 2019
Several countries, including the United Kingdom, have been offering safe havens to economic offenders from India “through investment-based schemes,” according to India's finance minister Nirmala Sitharaman. Read Full Article at...
June 10, 2019
The world's leading producer of rare earth metals, China, reduced its exports of the minerals last month, according to the country's official customs data. Stopping supplies to the US could...
June 10, 2019
Russia and most OPEC members are at odds about the ideal price for a barrel of oil and this could seriously affect the terms of a possible extension of the...
June 9, 2019
Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand picture is...
June 9, 2019
Widely-debated climate change may cost the world's biggest corporations nearly $1 trillion, according to the latest survey data from 215 listed firms, ranging from Apple and Microsoft to Nestle and...
June 9, 2019
A study by international consulting company BCG has found that Moscow will continue attracting more travellers; the influx of tourists to the Russian capital will grow by almost half to...
June 8, 2019
OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June, said Khalid al-Falih, the energy minister of...
June 8, 2019
World trade is on course for its worst year since the financial crisis, with only 0.3 percent growth anticipated in 2019, according to Dutch bank ING. Read Full Article at...
June 8, 2019
Global clothing manufacturers Nike, Adidas and Uniqlo are expressing strong interest in locating their production lines in Russia, according to Deputy Minister of Industry and Trade Viktor Yevtukhov. Read Full...
June 7, 2019
The spiraling conflict between the world's two largest economies, China and the US, is undermining global trade and development, the premier of Antigua and Barbuda, Gaston Browne, told RT, at...
June 7, 2019
The role of the US dollar as a reserve currency should be reconsidered since it has become Washington's political weapon, Russian President Vladimir Putin told participants of the St. Petersburg...
