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US shale an 'unmitigated disaster' with industry hundreds of billions in debt - shale pioneer

Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. Read Full Article at RT.com
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US shale an 'unmitigated disaster' with industry hundreds of billions in debt - shale pioneer

Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. Read Full Article at RT.com

Russia extends counter-sanctions against US, EU & allies through 2020

President Vladimir Putin has signed a law prolonging the embargo against Western countries that have imposed anti-Russia sanctions. Restrictions will be in force until the end of next year. Read Full Article at RT.com
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Russia extends counter-sanctions against US, EU & allies through 2020

President Vladimir Putin has signed a law prolonging the embargo against Western countries that have imposed anti-Russia sanctions. Restrictions will be in force until the end of next year. Read Full Article at RT.com

Venezuela’s oil production set for another drop

Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Read Full Article at RT.com
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Venezuela’s oil production set for another drop

Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Read Full Article at RT.com

Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence. Read Full Article at RT.com
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Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence. Read Full Article at RT.com

Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up

American courier FedEx has apologized for failing to deliver a package to the US which contained a Huawei smartphone. The incident, which is not the first of its kind to affect Huawei, was explained as an “operational mistake.” Read Full Article at RT.com
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Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up

American courier FedEx has apologized for failing to deliver a package to the US which contained a Huawei smartphone. The incident, which is not the first of its kind to affect Huawei, was explained as an “operational mistake.” Read Full Article at RT.com

Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world’s most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January. Read Full Article at RT.com
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Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world’s most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January. Read Full Article at RT.com

China presents world’s first ‘intelligent’ mega oil tanker (VIDEO)

An oil carrier the size of nearly three football fields has been delivered to its new owner in northeast China. It is the first “smart” carrier in the world, and has a loading capacity of 308,000 tons. Read Full Article at RT.com
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China presents world’s first ‘intelligent’ mega oil tanker (VIDEO)

An oil carrier the size of nearly three football fields has been delivered to its new owner in northeast China. It is the first “smart” carrier in the world, and has a loading capacity of 308,000 tons. Read Full Article at RT.com

Books vs Bucks: Trump’s China tariffs may result in a crippling ‘Bible tax,’ publishers warn

The proposed tariffs on $300 billion-worth of Chinese imports may have an unintended consequence. A feared shortage of Bibles and children’s books will make the reading of Christianity’s holy text and other reads more expensive. Read Full Article at RT.co
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Books vs Bucks: Trump’s China tariffs may result in a crippling ‘Bible tax,’ publishers warn

The proposed tariffs on $300 billion-worth of Chinese imports may have an unintended consequence. A feared shortage of Bibles and children’s books will make the reading of Christianity’s holy text and other reads more expensive. Read Full Article at RT.com

Bitcoin breaks key $10,000 mark, reaching 15-month high

The price of the world’s largest cryptocurrency by market capitalization, bitcoin, crossed the psychological mark of $10,000 on Friday night and further extended the gains on Saturday to hit a 15-month record. Read Full Article at RT.com
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Bitcoin breaks key $10,000 mark, reaching 15-month high

The price of the world’s largest cryptocurrency by market capitalization, bitcoin, crossed the psychological mark of $10,000 on Friday night and further extended the gains on Saturday to hit a 15-month record. Read Full Article at RT.com

Huawei files lawsuit against US government over seizure of equipment

Chinese tech giant Huawei has filed a civil lawsuit against the US Commerce Department over the mishandling of telecommunications equipment seized by American officials, demanding its release. Read Full Article at RT.com
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Huawei files lawsuit against US government over seizure of equipment

Chinese tech giant Huawei has filed a civil lawsuit against the US Commerce Department over the mishandling of telecommunications equipment seized by American officials, demanding its release. Read Full Article at RT.com

India looks to Russian crude as Iranian imports crash

India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. Read Full Article at RT.com
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India looks to Russian crude as Iranian imports crash

India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. Read Full Article at RT.com

Bitcoin extends monster rally as it confidently moves toward $10,000

The price of Bitcoin has surged, exceeding its one-year high. The world’s most popular cryptocurrency was trading at nearly $9,900 on Friday, continuing its 2019 rally that has seen its value nearly triple. Read Full Article at RT.com
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Bitcoin extends monster rally as it confidently moves toward $10,000

The price of Bitcoin has surged, exceeding its one-year high. The world’s most popular cryptocurrency was trading at nearly $9,900 on Friday, continuing its 2019 rally that has seen its value nearly triple. Read Full Article at RT.com

Surge in oil price after Hormuz drone attack could lead to global recession, experts tell Boom Bust

Global crude prices have jumped on foot of the escalating tensions in the Middle East, where a US military drone was shot down by Iranian forces over the Strait of Hormuz, a chokepoint for oil supplies. Read Full Article at RT.com
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Surge in oil price after Hormuz drone attack could lead to global recession, experts tell Boom Bust

Global crude prices have jumped on foot of the escalating tensions in the Middle East, where a US military drone was shot down by Iranian forces over the Strait of Hormuz, a chokepoint for oil supplies. Read Full Article at RT.com

Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysian authorities intensified efforts to recover funds which have been siphoned from the 1Malaysia Development Berhad (1MDB) fund at the center of the global corruption scandal. Read Full Article at RT.com
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Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysian authorities intensified efforts to recover funds which have been siphoned from the 1Malaysia Development Berhad (1MDB) fund at the center of the global corruption scandal. Read Full Article at RT.com

Airbus steals Paris Air Show with twice as many new plane orders than Boeing

European aerospace company Airbus has dominated Le Bourget airfield as it easily outpaced US rival Boeing with the number of orders for its aircraft on the final day of trading at the Paris Air Show. Read Full Article at RT.com
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Airbus steals Paris Air Show with twice as many new plane orders than Boeing

European aerospace company Airbus has dominated Le Bourget airfield as it easily outpaced US rival Boeing with the number of orders for its aircraft on the final day of trading at the Paris Air Show. Read Full Article at RT.com

Russian energy companies make top 20 list of most profitable investments

Russian oil giant Lukoil and the country’s biggest independent gas producer, Novatek, are among the 20 biggest large-cap value creators for shareholders, the Boston Consulting Group (BCG) rating shows. Read Full Article at RT.com
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Russian energy companies make top 20 list of most profitable investments

Russian oil giant Lukoil and the country’s biggest independent gas producer, Novatek, are among the 20 biggest large-cap value creators for shareholders, the Boston Consulting Group (BCG) rating shows. Read Full Article at RT.com

Preparing for dollar doomsday? Russia adds 6 more tons of gold to its coffers in May

The Central Bank of Russia (CBR) has purchased 200,000 troy ounces (6 tons) of gold in May, boosting bullion reserves to 2,190 tons. Read Full Article at RT.com
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Preparing for dollar doomsday? Russia adds 6 more tons of gold to its coffers in May

The Central Bank of Russia (CBR) has purchased 200,000 troy ounces (6 tons) of gold in May, boosting bullion reserves to 2,190 tons. Read Full Article at RT.com

American Airlines snubs US planemaker Boeing for European rival Airbus

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. Read Full Article at RT.com
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American Airlines snubs US planemaker Boeing for European rival Airbus

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. Read Full Article at RT.com

Rothschilds accused of preying on South Africa's state-owned enterprises

South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to 'capture' the country’s State Owned Enterprises (SOEs). Read Full Article at RT.com
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Rothschilds accused of preying on South Africa's state-owned enterprises

South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to 'capture' the country’s State Owned Enterprises (SOEs). Read Full Article at RT.com

Sanctions cost European economies $240 billion while Russia lost $50 billion – Putin

Western economic restrictions have deprived the Russian economy of $50 billion, but the European Union has been hit harder, losing $240 billion since 2014, according Russian President Vladimir Putin. Read Full Article at RT.com
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Sanctions cost European economies $240 billion while Russia lost $50 billion – Putin

Western economic restrictions have deprived the Russian economy of $50 billion, but the European Union has been hit harder, losing $240 billion since 2014, according Russian President Vladimir Putin. Read Full Article at RT.com

Putin predicts doubling of Russian agriculture exports by 2024

Sales of Russia’s agricultural products abroad are expected to reach $45 billion in the next five years, according to President Vladimir Putin. Read Full Article at RT.com
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Putin predicts doubling of Russian agriculture exports by 2024

Sales of Russia’s agricultural products abroad are expected to reach $45 billion in the next five years, according to President Vladimir Putin. Read Full Article at RT.com

China could challenge US dollar’s dominance by globalizing the yuan – economist Jim O'Neill

The “only way that can ever change” the supremacy of the US dollar as a global reserve currency is if there’s a genuine, “long-term alternative,” former chairman of Goldman Sachs Jim O’Neill said. Read Full Article at RT.com
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China could challenge US dollar’s dominance by globalizing the yuan – economist Jim O'Neill

The “only way that can ever change” the supremacy of the US dollar as a global reserve currency is if there’s a genuine, “long-term alternative,” former chairman of Goldman Sachs Jim O’Neill said. Read Full Article at RT.com

Harley-Davidson will build motorcycles in China at the risk of angering Trump

American motorcycle manufacturer Harley-Davidson said on Wednesday it is teaming up with China’s Qianjiang Motorcycle to make a new smaller motorcycle than its trademark ‘big hogs’. Read Full Article at RT.com
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Harley-Davidson will build motorcycles in China at the risk of angering Trump

American motorcycle manufacturer Harley-Davidson said on Wednesday it is teaming up with China’s Qianjiang Motorcycle to make a new smaller motorcycle than its trademark ‘big hogs’. Read Full Article at RT.com

UK-listed firms become 1st foreigners to sell stocks in mainland China

A new stock exchange connection between Britain and China launched on Monday, which will see UK-listed companies become the first foreign firms permitted to list stocks in mainland China. Read Full Article at RT.com
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UK-listed firms become 1st foreigners to sell stocks in mainland China

A new stock exchange connection between Britain and China launched on Monday, which will see UK-listed companies become the first foreign firms permitted to list stocks in mainland China. Read Full Article at RT.com

Putin orders simplified e-visa for foreigners visiting Russia

Russian President Vladimir Putin has signed an order to ensure the introduction of an electronic single-entry visa from 2021 for foreigners visiting Russia. Read Full Article at RT.com
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Putin orders simplified e-visa for foreigners visiting Russia

Russian President Vladimir Putin has signed an order to ensure the introduction of an electronic single-entry visa from 2021 for foreigners visiting Russia. Read Full Article at RT.com

Russia pushes back against America’s expensive ‘Freedom Gas’

So far this year, Russia has been flooding the European markets with an oversupply of natural gas despite the fact that the glut is pushing natural gas prices lower. Read Full Article at RT.com
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Russia pushes back against America’s expensive ‘Freedom Gas’

So far this year, Russia has been flooding the European markets with an oversupply of natural gas despite the fact that the glut is pushing natural gas prices lower. Read Full Article at RT.com

Russian aviation makes return to Paris Air Show after 5-year hiatus

Russia’s aircraft manufacturers are taking part in the 2019 Paris Air Show which kicked off on Monday at Le Bourget airport. Russia has not participated in the show since 2014 due to Western sanctions. Read Full Article at RT.com
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Russian aviation makes return to Paris Air Show after 5-year hiatus

Russia’s aircraft manufacturers are taking part in the 2019 Paris Air Show which kicked off on Monday at Le Bourget airport. Russia has not participated in the show since 2014 due to Western sanctions. Read Full Article at RT.com

No hard stuff: London Metal Exchange bans traders from boozing during work hours

In an attempt to improve the image of its industry, the world’s largest metals bourse, the London Metal Exchange (LME), is planning to enforce an official ban on alcohol consumption for its floor traders during their working day. Read Full Article at RT.com
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No hard stuff: London Metal Exchange bans traders from boozing during work hours

In an attempt to improve the image of its industry, the world’s largest metals bourse, the London Metal Exchange (LME), is planning to enforce an official ban on alcohol consumption for its floor traders during their working day. Read Full Article at RT.com

Russia builds dozens of airports while Berlin’s Brandenburg still unfinished after 13 years (PHOTOS)

Renowned German punctuality doesn’t apply when it comes to the Berlin Brandenburg Airport. Its opening, originally scheduled for 2011, has been postponed several times and there are doubts it will finally open its doors in 2020. Read Full Article at RT.com
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Russia builds dozens of airports while Berlin’s Brandenburg still unfinished after 13 years (PHOTOS)

Renowned German punctuality doesn’t apply when it comes to the Berlin Brandenburg Airport. Its opening, originally scheduled for 2011, has been postponed several times and there are doubts it will finally open its doors in 2020. Read Full Article at RT.com

Beware! Two ‘black swans’ may come out of nowhere & kill stocks this summer, experts warn

The aftermath of the spiraling US-China trade war tariffs could be a “clear and present danger” to the markets, according to Barry Knapp, managing partner of Ironsides Macroeconomics. Read Full Article at RT.com
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Beware! Two ‘black swans’ may come out of nowhere & kill stocks this summer, experts warn

The aftermath of the spiraling US-China trade war tariffs could be a “clear and present danger” to the markets, according to Barry Knapp, managing partner of Ironsides Macroeconomics. Read Full Article at RT.com

All decked out: Russia’s shipbuilding major unveils its plans for Arctic cruise liners

United Shipbuilding Corporation, a state-run Russian holding company, has revealed design-projects for several cruise ships, aimed at transporting travelers through the waters of the Russian Arctic. Read Full Article at RT.com
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All decked out: Russia’s shipbuilding major unveils its plans for Arctic cruise liners

United Shipbuilding Corporation, a state-run Russian holding company, has revealed design-projects for several cruise ships, aimed at transporting travelers through the waters of the Russian Arctic. Read Full Article at RT.com

Tehran offers economic privileges for SCO member states

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 Article at RT.com
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Tehran offers economic privileges for SCO member states

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 Article at RT.com

India may slap retaliatory tariffs on American goods ahead of Pompeo’s visit next week

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 has reported, citing its sources. Read Full Article at RT.com
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India may slap retaliatory tariffs on American goods ahead of Pompeo’s visit next week

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 has reported, citing its sources. Read Full Article at RT.com

Connecting Russia: First railroad span across Crimean Bridge complete

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 year. Read Full Article at RT.com
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Connecting Russia: First railroad span across Crimean Bridge complete

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 year. Read Full Article at RT.com

Axing America’s Android: Huawei files to trademark own mobile operating system worldwide

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 Williamson, has said. Read Full Article at RT.com
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Axing America’s Android: Huawei files to trademark own mobile operating system worldwide

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 Williamson, has said. Read Full Article at RT.com