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OPEC+ likely to prolong existing oil cuts despite rising prices – media

Members of the Organization of Petroleum Exporting Countries (OPEC) and their allies led by Russia, known as OPEC+, may further hold back oil supplies amid concerns over demand. Read Full Article at RT.com
RT Business

OPEC+ likely to prolong existing oil cuts despite rising prices – media

Members of the Organization of Petroleum Exporting Countries (OPEC) and their allies led by Russia, known as OPEC+, may further hold back oil supplies amid concerns over demand. Read Full Article at RT.com

Six US oil executives convicted in Venezuela on corruption charges

A Venezuelan court has found six American oil executives, known as the Citgo 6, guilty of a wide-ranging corruption scheme, immediately sentencing them to prison on Thursday. Read Full Article at RT.com
RT Business

Six US oil executives convicted in Venezuela on corruption charges

A Venezuelan court has found six American oil executives, known as the Citgo 6, guilty of a wide-ranging corruption scheme, immediately sentencing them to prison on Thursday. Read Full Article at RT.com

‘Like mafia’: US tramples over European sovereignty in bid to stop Nord Stream 2, EU must FIGHT BACK, German MP tells RT

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus Ernst, told RT, calling on the EU to fight back. Read Full Article at RT.com
RT Business

‘Like mafia’: US tramples over European sovereignty in bid to stop Nord Stream 2, EU must FIGHT BACK, German MP tells RT

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus Ernst, told RT, calling on the EU to fight back. Read Full Article at RT.com

Venezuela continues selling oil to China despite US sanctions – report

Undeterred by US sanctions, Venezuela has reportedly resumed direct oil shipments to China after a year of underground trading. Venezuelan oil exports had crashed to multi-decade lows under intense pressure from Washington. Read Full Article at RT.com
RT Business

Venezuela continues selling oil to China despite US sanctions – report

Undeterred by US sanctions, Venezuela has reportedly resumed direct oil shipments to China after a year of underground trading. Venezuelan oil exports had crashed to multi-decade lows under intense pressure from Washington. Read Full Article at RT.com

Beijing slaps up to 212% tariffs on Australian wine in response to price-dumping

Chinese regulators said on Friday they would start imposing heavy duties on Australian wines after finding preliminary evidence of dumping. The move comes amid deteriorating trade relations between Canberra and Beijing. Read Full Article at RT.com
RT Business

Beijing slaps up to 212% tariffs on Australian wine in response to price-dumping

Chinese regulators said on Friday they would start imposing heavy duties on Australian wines after finding preliminary evidence of dumping. The move comes amid deteriorating trade relations between Canberra and Beijing. Read Full Article at RT.com

‘Like mafia’: US tramples over European sovereignty in bid to stop Nord Stream 2, EU must FIGHT BACK – German MP to RT

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus Ernst, told RT, calling on the EU to fight back. Read Full Article at RT.com
RT Business

‘Like mafia’: US tramples over European sovereignty in bid to stop Nord Stream 2, EU must FIGHT BACK – German MP to RT

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus Ernst, told RT, calling on the EU to fight back. Read Full Article at RT.com

European firm withdraws from Russia’s Nord Stream 2 gas pipeline project in face of US sanctions

The latest extension of punitive measures introduced by the White House against Russia’s natural gas pipeline to Germany has forced one of the sub-suppliers to quit the project. Read Full Article at RT.com
RT Business

European firm withdraws from Russia’s Nord Stream 2 gas pipeline project in face of US sanctions

The latest extension of punitive measures introduced by the White House against Russia’s natural gas pipeline to Germany has forced one of the sub-suppliers to quit the project. Read Full Article at RT.com

US shale bankruptcies accelerate despite pandemic protection

The US oil industry has had a particularly tough time coping with the Covid-19 pandemic despite numerous federal relief measures to help ease the pain. Read Full Article at RT.com
RT Business

US shale bankruptcies accelerate despite pandemic protection

The US oil industry has had a particularly tough time coping with the Covid-19 pandemic despite numerous federal relief measures to help ease the pain. Read Full Article at RT.com

China accuses India of market violations as more Chinese apps are banned

Beijing says India is violating basic market principles and rules of the World Trade Organization (WTO) after the country barred 47 Chinese apps over alleged security concerns. Read Full Article at RT.com
RT Business

China accuses India of market violations as more Chinese apps are banned

Beijing says India is violating basic market principles and rules of the World Trade Organization (WTO) after the country barred 47 Chinese apps over alleged security concerns. Read Full Article at RT.com

Race for Covid-19 cure: Boom Bust explores why EU has a problem with Russia’s cheap and effective vaccine

As Russian scientists boast about the high efficacy and low price of their pioneering Sputnik V vaccine, the race for a Covid-19 cure in other countries goes on. RT’s Boom Bust looks into the issue. Read Full Article at RT.com
RT Business

Race for Covid-19 cure: Boom Bust explores why EU has a problem with Russia’s cheap and effective vaccine

As Russian scientists boast about the high efficacy and low price of their pioneering Sputnik V vaccine, the race for a Covid-19 cure in other countries goes on. RT’s Boom Bust looks into the issue. Read Full Article at RT.com

Chinese buyers of American soybeans to call off contracts as processing margins collapse

Chinese soybean importers and processors are planning to cancel deals signed for US cargoes for December and January shipment, Reuters reported, citing its trade sources. Read Full Article at RT.com
RT Business

Chinese buyers of American soybeans to call off contracts as processing margins collapse

Chinese soybean importers and processors are planning to cancel deals signed for US cargoes for December and January shipment, Reuters reported, citing its trade sources. Read Full Article at RT.com

From Russia with wheat: Exports by global grain superpower on track to hit record high

The volume of global wheat exports from Russia in the 2020-2021 agricultural year (which started July 1) is set to approach the historical record level of the 2017-2018 crop year, a report by the Sovekon research center has said. Read Full Article at RT.com
RT Business

From Russia with wheat: Exports by global grain superpower on track to hit record high

The volume of global wheat exports from Russia in the 2020-2021 agricultural year (which started July 1) is set to approach the historical record level of the 2017-2018 crop year, a report by the Sovekon research center has said. Read Full Article at RT.com

China’s digital economy exceeds $5 TRILLION in 2019

A new report by the Chinese Academy of Cyberspace Studies showed the nation's digital economy reached 35.8 trillion yuan ($5.45 trillion) last year, accounting for 36.2 percent of the country's total GDP. Read Full Article at RT.com
RT Business

China’s digital economy exceeds $5 TRILLION in 2019

A new report by the Chinese Academy of Cyberspace Studies showed the nation's digital economy reached 35.8 trillion yuan ($5.45 trillion) last year, accounting for 36.2 percent of the country's total GDP. Read Full Article at RT.com

Boeing’s troubled 737 MAX could soon return to European skies after deadly crashes

European Union Aviation Safety Agency (EASA) published a proposed airworthiness directive on Tuesday that could see Boeing’s 737 MAX aircraft cleared within weeks after a 20-month grounding over two deadly crashes. Read Full Article at RT.com
RT Business

Boeing’s troubled 737 MAX could soon return to European skies after deadly crashes

European Union Aviation Safety Agency (EASA) published a proposed airworthiness directive on Tuesday that could see Boeing’s 737 MAX aircraft cleared within weeks after a 20-month grounding over two deadly crashes. Read Full Article at RT.com

Trump tries to corner Beijing… but what does Australian wine have to do with it? RT’s Boom Bust finds out

While the Donald Trump presidency may be ending, his administration is still taking hard-line measures to derail the Chinese economy. Now, over Australian wine imports. Read Full Article at RT.com
RT Business

Trump tries to corner Beijing… but what does Australian wine have to do with it? RT’s Boom Bust finds out

While the Donald Trump presidency may be ending, his administration is still taking hard-line measures to derail the Chinese economy. Now, over Australian wine imports. Read Full Article at RT.com

Dow Jones breaks 30,000 milestone for first time as stocks soar amid vaccine hopes and formal start of Biden transition

The Dow Jones Industrial Average breached the 30,000-mark for the first time ever on Tuesday, as optimism soared on Wall Street amid hopes of multiple Covid-19 vaccines coming on-stream and an end to US election uncertainty. Read Full Article at RT.com
RT Business

Dow Jones breaks 30,000 milestone for first time as stocks soar amid vaccine hopes and formal start of Biden transition

The Dow Jones Industrial Average breached the 30,000-mark for the first time ever on Tuesday, as optimism soared on Wall Street amid hopes of multiple Covid-19 vaccines coming on-stream and an end to US election uncertainty. Read Full Article at RT.com

East beats West in travel industry recovery as Covid-19 continues to challenge the sector

The travel industry in Asian countries has been recovering faster than in Europe and in the US, as the entire world tries to shrug off the after-effects of the still-raging Covid pandemic. Read Full Article at RT.com
RT Business

East beats West in travel industry recovery as Covid-19 continues to challenge the sector

The travel industry in Asian countries has been recovering faster than in Europe and in the US, as the entire world tries to shrug off the after-effects of the still-raging Covid pandemic. Read Full Article at RT.com

British telecoms may be fined up to 10 percent of revenues for using Huawei gear

UK telecommunications companies could face fines of up to ten percent of their turnover or £100,000 ($133,140) a day if they fail to tighten security in their networks under the nation’s new legislation. Read Full Article at RT.com
RT Business

British telecoms may be fined up to 10 percent of revenues for using Huawei gear

UK telecommunications companies could face fines of up to ten percent of their turnover or £100,000 ($133,140) a day if they fail to tighten security in their networks under the nation’s new legislation. Read Full Article at RT.com

Everything on planet Earth will someday be priced in Bitcoin – Max Keiser

As the price of bitcoin has been surging, the hosts of Keiser Report, Max Keiser and Stacy Herbert, discuss how the biggest asset manager in the world, BlackRock, is finally admitting that bitcoin will take the place of gold. Read Full Article at RT.com
RT Business

Everything on planet Earth will someday be priced in Bitcoin – Max Keiser

As the price of bitcoin has been surging, the hosts of Keiser Report, Max Keiser and Stacy Herbert, discuss how the biggest asset manager in the world, BlackRock, is finally admitting that bitcoin will take the place of gold. Read Full Article at RT.com

Russian internet giant Yandex launches food delivery service in Israel

One of Russia’s most successful technology companies, Yandex, has launched an online grocery delivery service in Israel as part of its international expansion program. Read Full Article at RT.com
RT Business

Russian internet giant Yandex launches food delivery service in Israel

One of Russia’s most successful technology companies, Yandex, has launched an online grocery delivery service in Israel as part of its international expansion program. Read Full Article at RT.com

UN accuses Japan of ‘extrajudicial abuse’ in arrest of former Nissan boss Carlos Ghosn

Japanese authorities should compensate the former head of the Nissan-Renault alliance, Carlos Ghosn, for his lengthy and repeated “arbitrary” detention, a UN human right panel has concluded. Read Full Article at RT.com
RT Business

UN accuses Japan of ‘extrajudicial abuse’ in arrest of former Nissan boss Carlos Ghosn

Japanese authorities should compensate the former head of the Nissan-Renault alliance, Carlos Ghosn, for his lengthy and repeated “arbitrary” detention, a UN human right panel has concluded. Read Full Article at RT.com

China declares victory over absolute poverty nationwide, lifting 99 MILLION people from penury since 2012

The last nine impoverished counties in China’s southwestern province of Guizhou were removed from the country's poverty list on Monday. The nation has thus ended absolute poverty one month before its self-imposed deadline. Read Full Article at RT.com
RT Business

China declares victory over absolute poverty nationwide, lifting 99 MILLION people from penury since 2012

The last nine impoverished counties in China’s southwestern province of Guizhou were removed from the country's poverty list on Monday. The nation has thus ended absolute poverty one month before its self-imposed deadline. Read Full Article at RT.com

Pandemic could push 130 MILLION into extreme poverty, UN warns

The global economy will contract by a staggering 4.3 percent this year, according to a report by the UN Conference for Trade and Development (UNCTAD). The agency expects global recovery of 4.1 percent in 2021. Read Full Article at RT.com
RT Business

Pandemic could push 130 MILLION into extreme poverty, UN warns

The global economy will contract by a staggering 4.3 percent this year, according to a report by the UN Conference for Trade and Development (UNCTAD). The agency expects global recovery of 4.1 percent in 2021. Read Full Article at RT.com

Finalizing Brexit deal doesn’t matter as UK secured agreements with key allies, business leader says

London and Brussels have still not found common ground on a trade deal despite the looming Brexit deadline. However, the UK has signed plenty of bilateral agreements, making a no-deal Brexit easier for it, Boom Bust found out. Read Full Article at RT.com
RT Business

Finalizing Brexit deal doesn’t matter as UK secured agreements with key allies, business leader says

London and Brussels have still not found common ground on a trade deal despite the looming Brexit deadline. However, the UK has signed plenty of bilateral agreements, making a no-deal Brexit easier for it, Boom Bust found out. Read Full Article at RT.com

There’s no alternative to the WTO, but it needs reform – Putin

Russian President Vladimir Putin has told G20 leaders that there is nothing to replace the World Trade Organization (WTO), but it should be able to cope with current challenges and needs modernization. Read Full Article at RT.com
RT Business

There’s no alternative to the WTO, but it needs reform – Putin

Russian President Vladimir Putin has told G20 leaders that there is nothing to replace the World Trade Organization (WTO), but it should be able to cope with current challenges and needs modernization. Read Full Article at RT.com

BRICS+ nations will have their own financial systems to avoid dollar & drunken sailors at printing presses – George Galloway

The current global financial system may face a “breakup” as fiat money has been discredited by the quantitative easing policies of central banks, former British MP George Galloway said in an interview with Max Keiser. Read Full Article at RT.com
RT Business

BRICS+ nations will have their own financial systems to avoid dollar & drunken sailors at printing presses – George Galloway

The current global financial system may face a “breakup” as fiat money has been discredited by the quantitative easing policies of central banks, former British MP George Galloway said in an interview with Max Keiser. Read Full Article at RT.com

Will the United Arab Emirates withdraw from OPEC?

Yet another member of the Organization of the Petroleum Exporting Countries (OPEC) has spoken out against the cartel and is reportedly weighing the pros and cons of continued membership. Read Full Article at RT.com
RT Business

Will the United Arab Emirates withdraw from OPEC?

Yet another member of the Organization of the Petroleum Exporting Countries (OPEC) has spoken out against the cartel and is reportedly weighing the pros and cons of continued membership. Read Full Article at RT.com

World facing ‘debt tsunami’ as coronavirus hammers economies – report

Global debt is expected to skyrocket to a record $277 trillion by the end of the year as governments and companies continue to spend in response to the Covid pandemic, the Institute for International Finance (IIF) has said. Read Full Article at RT.com
RT Business

World facing ‘debt tsunami’ as coronavirus hammers economies – report

Global debt is expected to skyrocket to a record $277 trillion by the end of the year as governments and companies continue to spend in response to the Covid pandemic, the Institute for International Finance (IIF) has said. Read Full Article at RT.com

Price target $300,000? Bitcoin has no top because fiat money has no bottom — Max Keiser

The hosts of RT’s Keiser Report, Max Keiser and Stacy Herbert, look at Citibank coming out with ‘moonmath’ on bitcoin with a hugely bullish price target of $318,000 by December 2021. Read Full Article at RT.com
RT Business

Price target $300,000? Bitcoin has no top because fiat money has no bottom — Max Keiser

The hosts of RT’s Keiser Report, Max Keiser and Stacy Herbert, look at Citibank coming out with ‘moonmath’ on bitcoin with a hugely bullish price target of $318,000 by December 2021. Read Full Article at RT.com

US airlines fighting for survival, need stimulus extension NOW — Allied Pilots Association spokesman tells Boom Bust

As the holiday season is just around the corner, travel is expected to significantly drop due to lockdowns as Covid cases surge. Many airlines are relying on rapid coronavirus tests in an effort to boost travelers’ confidence. Read Full Article at RT.com
RT Business

US airlines fighting for survival, need stimulus extension NOW — Allied Pilots Association spokesman tells Boom Bust

As the holiday season is just around the corner, travel is expected to significantly drop due to lockdowns as Covid cases surge. Many airlines are relying on rapid coronavirus tests in an effort to boost travelers’ confidence. Read Full Article at RT.com

FAA clears Boeing 737 Max to fly again after 20-month grounding due to deadly crashes

The US Federal Aviation Administration (FAA) on Wednesday cleared Boeing’s 737 Max to fly again after a nearly two-year ban. Boeing’s top-selling plane has been barred from flying after two crashes that killed 346 people. Read Full Article at RT.com
RT Business

FAA clears Boeing 737 Max to fly again after 20-month grounding due to deadly crashes

The US Federal Aviation Administration (FAA) on Wednesday cleared Boeing’s 737 Max to fly again after a nearly two-year ban. Boeing’s top-selling plane has been barred from flying after two crashes that killed 346 people. Read Full Article at RT.com

US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just pay everybody. Peter Schiff says such a proposal is ridiculous. Read Full Article at RT.com
RT Business

US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just pay everybody. Peter Schiff says such a proposal is ridiculous. Read Full Article at RT.com

OPEC+ meeting concludes with support for crude cut extension

OPEC+’s technical meeting finished on Monday with widespread support for a three-month extension of the current level of oil production cuts, sources told Reuters on Monday. Read Full Article at RT.com
RT Business

OPEC+ meeting concludes with support for crude cut extension

OPEC+’s technical meeting finished on Monday with widespread support for a three-month extension of the current level of oil production cuts, sources told Reuters on Monday. Read Full Article at RT.com

EasyJet’s profit dives as coronavirus crisis hammers global travel

UK budget carrier EasyJet said on Tuesday that the company’s revenue had dropped 52.9 percent year-on-year to just £3 billion ($4 billion) due to the Covid pandemic having brought the global travel industry to a halt. Read Full Article at RT.com
RT Business

EasyJet’s profit dives as coronavirus crisis hammers global travel

UK budget carrier EasyJet said on Tuesday that the company’s revenue had dropped 52.9 percent year-on-year to just £3 billion ($4 billion) due to the Covid pandemic having brought the global travel industry to a halt. Read Full Article at RT.com

Russia’s latest & most powerful nuclear icebreaker sets off on maiden Arctic voyage

The newest Russian nuclear-powered icebreaker, the ‘Arktika’, has set off on its maiden voyage in the Arctic waters of the Northern Sea Route, AtomFlot press service reported on Monday. Read Full Article at RT.com
RT Business

Russia’s latest & most powerful nuclear icebreaker sets off on maiden Arctic voyage

The newest Russian nuclear-powered icebreaker, the ‘Arktika’, has set off on its maiden voyage in the Arctic waters of the Northern Sea Route, AtomFlot press service reported on Monday. Read Full Article at RT.com