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OPEC prepares to deepen oil production cuts

The Organization of the Petroleum Exporting Countries (OPEC) and its allies are moving closer to agreeing one of the deepest output cuts this decade to support crude prices and prevent a glut, sources told Reuters. Read Full Article at RT.com
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OPEC prepares to deepen oil production cuts

The Organization of the Petroleum Exporting Countries (OPEC) and its allies are moving closer to agreeing one of the deepest output cuts this decade to support crude prices and prevent a glut, sources told Reuters. Read Full Article at RT.com

US-China trade talks are a ‘shadow boxing game that isn’t real,’ Prof. Wolff tells Boom Bust

Nothing fundamental in the US-China trade spat is going to change in the near future, according to Richard Wolff of the Economic Update. Read Full Article at RT.com
RT Business

US-China trade talks are a ‘shadow boxing game that isn’t real,’ Prof. Wolff tells Boom Bust

Nothing fundamental in the US-China trade spat is going to change in the near future, according to Richard Wolff of the Economic Update. Read Full Article at RT.com

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). Read Full Article at RT.com
RT Business

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). Read Full Article at RT.com

Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Russian President Vladimir Putin has accused Bulgaria of delaying the construction of its section of the TurkStream gas pipeline. He said that Russia could, however, find ways to bypass the country, if necessary. Read Full Article at RT.com
RT Business

Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Russian President Vladimir Putin has accused Bulgaria of delaying the construction of its section of the TurkStream gas pipeline. He said that Russia could, however, find ways to bypass the country, if necessary. Read Full Article at RT.com

Macron’s sinking popularity is behind his push for digital tech tax – RT’s Boom Bust

US President Donald Trump defended American tech giants while meeting French President Emmanuel Macron in London. Trump railed against France’s new digital tax which targets the likes of Google, Amazon, Facebook and Apple. Read Full Article at RT.com
RT Business

Macron’s sinking popularity is behind his push for digital tech tax – RT’s Boom Bust

US President Donald Trump defended American tech giants while meeting French President Emmanuel Macron in London. Trump railed against France’s new digital tax which targets the likes of Google, Amazon, Facebook and Apple. Read Full Article at RT.com

BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Environmental lawyers have filed a legal complaint against British energy giant BP, accusing the company of misleading consumers over its low-carbon energy in a huge advertising campaign. Read Full Article at RT.com
RT Business

BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Environmental lawyers have filed a legal complaint against British energy giant BP, accusing the company of misleading consumers over its low-carbon energy in a huge advertising campaign. Read Full Article at RT.com

Foreign investors rush into Pakistan, with inflows surging 200% in first half of the year

Pakistan has seen unprecedented inflows of foreign money this year. Global investors bought 1-year bonds worth $642 million in November alone. Read Full Article at RT.com
RT Business

Foreign investors rush into Pakistan, with inflows surging 200% in first half of the year

Pakistan has seen unprecedented inflows of foreign money this year. Global investors bought 1-year bonds worth $642 million in November alone. Read Full Article at RT.com

Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

Berlin will consider countermeasures if the US imposes sanctions on Nord Stream 2, the pipeline that will deliver natural gas from Russia to Germany, the head of the Bundestag’s Committee on Economic Affairs and Energy has said. Read Full Article at RT.com
RT Business

Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

Berlin will consider countermeasures if the US imposes sanctions on Nord Stream 2, the pipeline that will deliver natural gas from Russia to Germany, the head of the Bundestag’s Committee on Economic Affairs and Energy has said. Read Full Article at RT.com

India could see real growth in oil demand next year

Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. Read Full Article at RT.com
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India could see real growth in oil demand next year

Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. Read Full Article at RT.com

Goldman Sachs sees India’s growth picking up in 2020

The third-largest economy in Asia should rebound in 2020 as global conditions are set to improve, helping India's economic growth to pick up, according to US investment bank Goldman Sachs. Read Full Article at RT.com
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Goldman Sachs sees India’s growth picking up in 2020

The third-largest economy in Asia should rebound in 2020 as global conditions are set to improve, helping India's economic growth to pick up, according to US investment bank Goldman Sachs. Read Full Article at RT.com

Trump says US trade deal with China may have to wait until after 2020 election

US President Donald Trump says it might be better to wait until after the November 2020 general election in the United States to reach a trade agreement with China. Read Full Article at RT.com
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Trump says US trade deal with China may have to wait until after 2020 election

US President Donald Trump says it might be better to wait until after the November 2020 general election in the United States to reach a trade agreement with China. Read Full Article at RT.com

‘Once you pop, you can’t stop’: Fed QE is like Pringles, Ross Ashcroft tells RT’s Keiser Report

The Federal Reserve Bank of New York has been bailing out the repo market with multi-billion dollar programs every week, says the Keiser Report, which asks if it’s the fourth round of quantitative easing (QE). Read Full Article at RT.com
RT Business

‘Once you pop, you can’t stop’: Fed QE is like Pringles, Ross Ashcroft tells RT’s Keiser Report

The Federal Reserve Bank of New York has been bailing out the repo market with multi-billion dollar programs every week, says the Keiser Report, which asks if it’s the fourth round of quantitative easing (QE). Read Full Article at RT.com

Chinese tech giant Huawei may still be kicked out of US banking system

US President Donald Trump’s administration considered banning Huawei from the American financial system earlier this year, sources told Reuters. That was part of a host of policy options to thwart the blacklisted Chinese firm. Read Full Article at RT.com
RT Business

Chinese tech giant Huawei may still be kicked out of US banking system

US President Donald Trump’s administration considered banning Huawei from the American financial system earlier this year, sources told Reuters. That was part of a host of policy options to thwart the blacklisted Chinese firm. Read Full Article at RT.com

US mulls boosting EU tariffs as WTO says Airbus keeps getting European subsidies

Washington has threatened to impose new tariffs on trade with the European Union after the World Trade Organization (WTO) ruled that the EU had not complied with an order to halt illegal subsidies to airplane manufacturer Airbus. Read Full Article at RT.com
RT Business

US mulls boosting EU tariffs as WTO says Airbus keeps getting European subsidies

Washington has threatened to impose new tariffs on trade with the European Union after the World Trade Organization (WTO) ruled that the EU had not complied with an order to halt illegal subsidies to airplane manufacturer Airbus. Read Full Article at RT.com

Trump threatens to rock Brazil & Argentina with renewed tariffs on metals

US President Donald Trump on Monday attacked Brazil and Argentina over their respective currency depreciations, saying he will immediately reintroduce tariffs on steel and aluminum imports from them. Read Full Article at RT.com
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Trump threatens to rock Brazil & Argentina with renewed tariffs on metals

US President Donald Trump on Monday attacked Brazil and Argentina over their respective currency depreciations, saying he will immediately reintroduce tariffs on steel and aluminum imports from them. Read Full Article at RT.com

Hundreds more goods from Pakistan to hit Chinese market duty-free

The second phase of the China-Pakistan Free Trade Agreement (CPFTA) has come into effect, allowing Pakistani manufacturers and traders to export around 313 new products to the Chinese market on a duty-free basis. Read Full Article at RT.com
RT Business

Hundreds more goods from Pakistan to hit Chinese market duty-free

The second phase of the China-Pakistan Free Trade Agreement (CPFTA) has come into effect, allowing Pakistani manufacturers and traders to export around 313 new products to the Chinese market on a duty-free basis. Read Full Article at RT.com

Russia pivots East with launch of natural gas deliveries to China

In a move to cement energy cooperation with the fast-growing economies in Asia, Russia officially launched delivery of natural gas supplies to China, via the Power of Siberia pipeline, on Monday. Read Full Article at RT.com
RT Business

Russia pivots East with launch of natural gas deliveries to China

In a move to cement energy cooperation with the fast-growing economies in Asia, Russia officially launched delivery of natural gas supplies to China, via the Power of Siberia pipeline, on Monday. Read Full Article at RT.com

The superpowers battling over Iraq's giant oil field

Both the US and China are vying for influence in Iraq, and most importantly, to gain control over giant oil fields such as the Qurna-1 field that’s just 50 kilometres away from oil hub Basrah. Read Full Article at RT.com
RT Business

The superpowers battling over Iraq's giant oil field

Both the US and China are vying for influence in Iraq, and most importantly, to gain control over giant oil fields such as the Qurna-1 field that’s just 50 kilometres away from oil hub Basrah. Read Full Article at RT.com

Russia wants to attract Indian investors to mine rare earths in Far East

Indian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia’s Far East Investment and Export Agency. Read Full Article at RT.com
RT Business

Russia wants to attract Indian investors to mine rare earths in Far East

Indian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia’s Far East Investment and Export Agency. Read Full Article at RT.com

Erdogan announces Turkey-Russia gas pipeline TurkStream will be launched on January 8

Turkish President Recep Tayyip Erdogan has announced the day that TurkStream, the 917 km pipeline across the bottom of the Black Sea, will officially be commissioned in Istanbul, capping an ambitious energy project with success. Read Full Article at RT.com
RT Business

Erdogan announces Turkey-Russia gas pipeline TurkStream will be launched on January 8

Turkish President Recep Tayyip Erdogan has announced the day that TurkStream, the 917 km pipeline across the bottom of the Black Sea, will officially be commissioned in Istanbul, capping an ambitious energy project with success. Read Full Article at RT.com

Moscow wins ‘tourism Oscar,’ overtaking Paris, London, NYC & others as world’s top city destination

The Russian capital has beaten stiff competition to emerge as this year’s ‘World’s Leading City Destination.’ Moscow triumphed over the British and French capitals, as well as 16 other cities, including St. Petersburg. Read Full Article at RT.com
RT Business

Moscow wins ‘tourism Oscar,’ overtaking Paris, London, NYC & others as world’s top city destination

The Russian capital has beaten stiff competition to emerge as this year’s ‘World’s Leading City Destination.’ Moscow triumphed over the British and French capitals, as well as 16 other cities, including St. Petersburg. Read Full Article at RT.com

India looks to Russian coal to lessen dependence on US, Canada & Australia

India and Russia are in talks to source coking coal in Russia’s Far East, as New Delhi is seeking to diversify from its traditional suppliers such as the US, Canada and Australia. Read Full Article at RT.com
RT Business

India looks to Russian coal to lessen dependence on US, Canada & Australia

India and Russia are in talks to source coking coal in Russia’s Far East, as New Delhi is seeking to diversify from its traditional suppliers such as the US, Canada and Australia. Read Full Article at RT.com

Ukraine facing $3bn budget revenue shortfall with Russian gas transit contract in limbo

Kiev has missed the opportunity to ink a new profitable gas transit deal with Moscow, Ukrainian politician Victor Medvedchuk said on Friday after another day of fruitless talks between Russia, Ukraine and the EU. Read Full Article at RT.com
RT Business

Ukraine facing $3bn budget revenue shortfall with Russian gas transit contract in limbo

Kiev has missed the opportunity to ink a new profitable gas transit deal with Moscow, Ukrainian politician Victor Medvedchuk said on Friday after another day of fruitless talks between Russia, Ukraine and the EU. Read Full Article at RT.com

Six European states joining alternative payment channel for Iran to skirt US sanctions

Belgium, Denmark, Finland, the Netherlands, Norway and Sweden have agreed to support EU efforts to facilitate trade with sanctions-hit Iran as they announced their participation in the financial channel known as INSTEX. Read Full Article at RT.com
RT Business

Six European states joining alternative payment channel for Iran to skirt US sanctions

Belgium, Denmark, Finland, the Netherlands, Norway and Sweden have agreed to support EU efforts to facilitate trade with sanctions-hit Iran as they announced their participation in the financial channel known as INSTEX. Read Full Article at RT.com

Huawei reportedly to mount legal challenge to FCC ban from government subsidy program

China’s Huawei has decided to challenge a US Federal Communications Commission (FCC) decision blocking American rural carrier customers from tapping an $8.5 billion government fund to purchase equipment from the telecoms firm. Read Full Article at RT.com
RT Business

Huawei reportedly to mount legal challenge to FCC ban from government subsidy program

China’s Huawei has decided to challenge a US Federal Communications Commission (FCC) decision blocking American rural carrier customers from tapping an $8.5 billion government fund to purchase equipment from the telecoms firm. Read Full Article at RT.com

US headed for ‘economic disaster’ worse than in 2008, Peter Schiff tells Boom Bust

US President Donald Trump said a deal between Washington and Beijing is more likely, following a phone call between the negotiators of both countries on Tuesday. Read Full Article at RT.com
RT Business

US headed for ‘economic disaster’ worse than in 2008, Peter Schiff tells Boom Bust

US President Donald Trump said a deal between Washington and Beijing is more likely, following a phone call between the negotiators of both countries on Tuesday. Read Full Article at RT.com

Russia-UK trade & economic potential can overcome political rift, En+ chairman says

While tensions between London and Moscow have been high in recent years, the benefits of economic cooperation between the two could help to overcome the political crisis, executive chairman of En+ Group, Greg Barker, has told RT. Read Full Article at RT.com
RT Business

Russia-UK trade & economic potential can overcome political rift, En+ chairman says

While tensions between London and Moscow have been high in recent years, the benefits of economic cooperation between the two could help to overcome the political crisis, executive chairman of En+ Group, Greg Barker, has told RT. Read Full Article at RT.com

India's debt-crippled national carrier focused on day-to-day survival, will have to shut down if not privatized

Air India will have to cease operations if a renewed attempt to sell the debt-laden company fails to find a buyer, the country’s Aviation Minister Hardeep Singh Puri said. Read Full Article at RT.com
RT Business

India's debt-crippled national carrier focused on day-to-day survival, will have to shut down if not privatized

Air India will have to cease operations if a renewed attempt to sell the debt-laden company fails to find a buyer, the country’s Aviation Minister Hardeep Singh Puri said. Read Full Article at RT.com

South Korean & Indian stocks could ‘surprise’ investors in 2020 – JP Morgan

US investment bank JP Morgan said it is “bullish on Asian equities” which could be boosted by a recovery in global tech demand and companies resuming investments. Read Full Article at RT.com
RT Business

South Korean & Indian stocks could ‘surprise’ investors in 2020 – JP Morgan

US investment bank JP Morgan said it is “bullish on Asian equities” which could be boosted by a recovery in global tech demand and companies resuming investments. Read Full Article at RT.com

Russia is now far less dependent on US dollar or any other foreign currency – central bank

Russia is ready to significantly reduce its dependence on foreign financing, Alexander Morozov, chief of the Research and Forecasting department at the Central Bank of Russia, has told RT. Read Full Article at RT.com
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Russia is now far less dependent on US dollar or any other foreign currency – central bank

Russia is ready to significantly reduce its dependence on foreign financing, Alexander Morozov, chief of the Research and Forecasting department at the Central Bank of Russia, has told RT. Read Full Article at RT.com

46,000,000 turkeys consumed: How much energy do Americans use on Thanksgiving?

You might be surprised to know that Americans consume far less energy on Thanksgiving than on a regular Thursday, despite the fact that the nation will use 350GW to roast 46 million turkeys. Read Full Article at RT.com
RT Business

46,000,000 turkeys consumed: How much energy do Americans use on Thanksgiving?

You might be surprised to know that Americans consume far less energy on Thanksgiving than on a regular Thursday, despite the fact that the nation will use 350GW to roast 46 million turkeys. Read Full Article at RT.com

Russia’s national payment system MIR looks to expand to Europe

MIR payment system, developed by Russia in response to Western sanctions, is set to hit the European market. It will launch a pilot project at the Russian-British business forum in London on Wednesday. Read Full Article at RT.com
RT Business

Russia’s national payment system MIR looks to expand to Europe

MIR payment system, developed by Russia in response to Western sanctions, is set to hit the European market. It will launch a pilot project at the Russian-British business forum in London on Wednesday. Read Full Article at RT.com

Asia needs to invest $800 BILLION in the next ten years to solve food crisis – report

Asia’s population could grow by approximately 250 million in the next decade. While consumers are demanding safer, healthier, and more sustainable food, a new study shows the continent is “unable to feed itself.” Read Full Article at RT.com
RT Business

Asia needs to invest $800 BILLION in the next ten years to solve food crisis – report

Asia’s population could grow by approximately 250 million in the next decade. While consumers are demanding safer, healthier, and more sustainable food, a new study shows the continent is “unable to feed itself.” Read Full Article at RT.com

Russian-British trade growing & expected to reach $15 billion this year

The volume of trade between the UK and Russia may rise eight percent in 2019 compared to last year, the Russian Trade Representative to the UK announced at a business forum in London. Read Full Article at RT.com
RT Business

Russian-British trade growing & expected to reach $15 billion this year

The volume of trade between the UK and Russia may rise eight percent in 2019 compared to last year, the Russian Trade Representative to the UK announced at a business forum in London. Read Full Article at RT.com

Swedish court rejects appeal by Russia's Gazprom in gas transit dispute with Ukraine's Naftogaz

Sweden's Svea Court of Appeal on Wednesday upheld an earlier arbitration decision forcing Russian energy major Gazprom to pay Ukraine's Naftogaz $2.56 billion in an ongoing gas transit dispute. Read Full Article at RT.com
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Swedish court rejects appeal by Russia's Gazprom in gas transit dispute with Ukraine's Naftogaz

Sweden's Svea Court of Appeal on Wednesday upheld an earlier arbitration decision forcing Russian energy major Gazprom to pay Ukraine's Naftogaz $2.56 billion in an ongoing gas transit dispute. Read Full Article at RT.com