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Semiconductor chip shortage to cost global automakers $210 billion this year – report

A new report by consulting firm AlixPartners has suggested the ongoing semiconductor chip shortage is expected to cost the global automotive industry an estimated $210 billion in revenue in 2021. Read Full Article at RT.com
RT Business

Semiconductor chip shortage to cost global automakers $210 billion this year – report

A new report by consulting firm AlixPartners has suggested the ongoing semiconductor chip shortage is expected to cost the global automotive industry an estimated $210 billion in revenue in 2021. Read Full Article at RT.com

FBI allegedly had key to decrypt recent US ransomware attacks. So, why was it so slow to use it? RT’s Boom Bust investigates

A major allegation was made against the Federal Bureau of Investigation (FBI) earlier this week concerning the massive ransomware attacks that plagued the US this summer. Read Full Article at RT.com
RT Business

FBI allegedly had key to decrypt recent US ransomware attacks. So, why was it so slow to use it? RT’s Boom Bust investigates

A major allegation was made against the Federal Bureau of Investigation (FBI) earlier this week concerning the massive ransomware attacks that plagued the US this summer. Read Full Article at RT.com

Evergrande’s EV arm warns of cash crisis as property group misses payment deadline

The electric car arm of China’s embattled property developer Evergrande said it faces an uncertain future unless it gets a swift injection of cash, sounding the alarm that the company’s liquidity crisis is mounting. Read Full Article at RT.com
RT Business

Evergrande’s EV arm warns of cash crisis as property group misses payment deadline

The electric car arm of China’s embattled property developer Evergrande said it faces an uncertain future unless it gets a swift injection of cash, sounding the alarm that the company’s liquidity crisis is mounting. Read Full Article at RT.com

Russian oil reserves to last 30 years at current production levels – experts

Russia’s reserves of natural gas could run low in 70 years at the current production level, while oil reserves should last about 30 years, geological firm Rosgeo estimates show. Read Full Article at RT.com
RT Business

Russian oil reserves to last 30 years at current production levels – experts

Russia’s reserves of natural gas could run low in 70 years at the current production level, while oil reserves should last about 30 years, geological firm Rosgeo estimates show. Read Full Article at RT.com

US firms’ direct investments in Russia 9 times higher than official figures indicate – survey

American companies operating in Russia have made direct investments amounting to a total of $96.05 billion, according to the sixth annual joint survey of the American Chamber of Commerce in Russia (AmCham) and Ernst & Young. Read Full Article at RT.com
RT Business

US firms’ direct investments in Russia 9 times higher than official figures indicate – survey

American companies operating in Russia have made direct investments amounting to a total of $96.05 billion, according to the sixth annual joint survey of the American Chamber of Commerce in Russia (AmCham) and Ernst & Young. Read Full Article at RT.com

Gas or gaslighting? Ukraine accuses Russia of weaponizing energy resources

The head of Ukraine’s state-controlled energy corporation Naftogaz is calling on Washington and Berlin to take decisive action against Russia, accusing the country of using its natural gas as a geopolitical weapon. Read Full Article at RT.com
RT Business

Gas or gaslighting? Ukraine accuses Russia of weaponizing energy resources

The head of Ukraine’s state-controlled energy corporation Naftogaz is calling on Washington and Berlin to take decisive action against Russia, accusing the country of using its natural gas as a geopolitical weapon. Read Full Article at RT.com

Fitch upgrades Russia’s economic outlook, citing impressive cash cushion from oil revenues

International ratings agency Fitch has improved its forecast for Russia’s economic growth this year to 4.3% from the previously expected 3.7%, said Douglas Winslow, Director at Fitch Ratings. Read Full Article at RT.com
RT Business

Fitch upgrades Russia’s economic outlook, citing impressive cash cushion from oil revenues

International ratings agency Fitch has improved its forecast for Russia’s economic growth this year to 4.3% from the previously expected 3.7%, said Douglas Winslow, Director at Fitch Ratings. Read Full Article at RT.com

Strong exports to speed up China’s economic recovery – report

The Chinese economy is expected to maintain its recovery over the rest of 2021 thanks to the country’s strong exports, according to research by the Asian Development Bank (ADB). Read Full Article at RT.com
RT Business

Strong exports to speed up China’s economic recovery – report

The Chinese economy is expected to maintain its recovery over the rest of 2021 thanks to the country’s strong exports, according to research by the Asian Development Bank (ADB). Read Full Article at RT.com

Poland has no power to veto certification of Nord Stream 2 – Germany

Poland’s energy company PGNiG will not have the right to veto the certification of Russia’s Nord Stream 2 gas pipeline, says German energy regulator Bundesnetzagentur (BNetzA). Read Full Article at RT.com
RT Business

Poland has no power to veto certification of Nord Stream 2 – Germany

Poland’s energy company PGNiG will not have the right to veto the certification of Russia’s Nord Stream 2 gas pipeline, says German energy regulator Bundesnetzagentur (BNetzA). Read Full Article at RT.com

Will the US government default on its huge debt or simply print more money? RT’s Boom Bust finds out

A government shutdown deadline is looming in the United States, as Congress is unable to agree on suspending the nation’s debt ceiling. Read Full Article at RT.com
RT Business

Will the US government default on its huge debt or simply print more money? RT’s Boom Bust finds out

A government shutdown deadline is looming in the United States, as Congress is unable to agree on suspending the nation’s debt ceiling. Read Full Article at RT.com

Bitcoin crashes after China rules all crypto-related transactions illegal

The People’s Bank of China revived its tough stance on digital currencies on Friday, ruling all crypto-related trading activities illegal and banning overseas crypto exchanges from providing services to mainland investors. Read Full Article at RT.com
RT Business

Bitcoin crashes after China rules all crypto-related transactions illegal

The People’s Bank of China revived its tough stance on digital currencies on Friday, ruling all crypto-related trading activities illegal and banning overseas crypto exchanges from providing services to mainland investors. Read Full Article at RT.com

Cryptocurrencies continue to slide amid global market uncertainty

The world's most popular cryptocurrency, bitcoin, continued trading in the red on Wednesday, after a day which saw it briefly drop below $40,000 for the first time since August. Other leading cryptos are also trading lower. Read Full Article at RT.com
RT Business

Cryptocurrencies continue to slide amid global market uncertainty

The world's most popular cryptocurrency, bitcoin, continued trading in the red on Wednesday, after a day which saw it briefly drop below $40,000 for the first time since August. Other leading cryptos are also trading lower. Read Full Article at RT.com

UK facing impending food crisis due to rising CO2 prices, govt warns

Carbon dioxide (CO2) prices could skyrocket by 500% in Britain, the government warned its food producers on Wednesday, after extending emergency state support in order to avert a food shortage. Read Full Article at RT.com
RT Business

UK facing impending food crisis due to rising CO2 prices, govt warns

Carbon dioxide (CO2) prices could skyrocket by 500% in Britain, the government warned its food producers on Wednesday, after extending emergency state support in order to avert a food shortage. Read Full Article at RT.com

Germany says Russia is fulfilling its obligations under European gas supply agreements

Russia is fully compliant with its gas supply obligations to Europe, Germany’s energy ministry's spokeswoman Suzanne Ungrad said Wednesday, dismissing claims Moscow is pressuring the EU to speed up Nord Stream 2’s commissioning. Read Full Article at RT.co
RT Business

Germany says Russia is fulfilling its obligations under European gas supply agreements

Russia is fully compliant with its gas supply obligations to Europe, Germany’s energy ministry's spokeswoman Suzanne Ungrad said Wednesday, dismissing claims Moscow is pressuring the EU to speed up Nord Stream 2’s commissioning. Read Full Article at RT.com

Could new ransomware attack threaten US food supply? Boom Bust finds out

Another massive cyberattack on a major US agriculture group has forced the services provider’s systems to go offline. The attack is believed to have been carried out by a successor of the Colonial Pipeline hacker. Read Full Article at RT.com
RT Business

Could new ransomware attack threaten US food supply? Boom Bust finds out

Another massive cyberattack on a major US agriculture group has forced the services provider’s systems to go offline. The attack is believed to have been carried out by a successor of the Colonial Pipeline hacker. Read Full Article at RT.com

What is a bigger threat to global markets, cryptocurrencies or heavily indebted companies? Boom Bust explores

The debt fallout from China’s major real estate developer Evergrande hit global equity markets this week, spilling over into the cryptocurrency sector. Read Full Article at RT.com
RT Business

What is a bigger threat to global markets, cryptocurrencies or heavily indebted companies? Boom Bust explores

The debt fallout from China’s major real estate developer Evergrande hit global equity markets this week, spilling over into the cryptocurrency sector. Read Full Article at RT.com

Turkey in talks on new gas supplies from Russia – Ankara

Ankara is discussing new contracts for gas supplies with a number of countries, including Russia, Turkish Deputy Energy Minister revealed on Tuesday. Read Full Article at RT.com
RT Business

Turkey in talks on new gas supplies from Russia – Ankara

Ankara is discussing new contracts for gas supplies with a number of countries, including Russia, Turkish Deputy Energy Minister revealed on Tuesday. Read Full Article at RT.com

RT’s Keiser Report looks at bitcoin as the driver of ‘peaceful revolution’ fighting monetary terror

While the traditional fiat money system allows fat cats to take control of people’s lives, monetizing energy and politics, bitcoin is a game changer that could end this monopoly. Read Full Article at RT.com
RT Business

RT’s Keiser Report looks at bitcoin as the driver of ‘peaceful revolution’ fighting monetary terror

While the traditional fiat money system allows fat cats to take control of people’s lives, monetizing energy and politics, bitcoin is a game changer that could end this monopoly. Read Full Article at RT.com

Russia’s GDP growth expected to reach 4.2% this year

The Russian government expects the country’s economy to grow by 4.2% this year, Prime Minister Mikhail Mishustin announced at a meeting on Tuesday. Read Full Article at RT.com
RT Business

Russia’s GDP growth expected to reach 4.2% this year

The Russian government expects the country’s economy to grow by 4.2% this year, Prime Minister Mikhail Mishustin announced at a meeting on Tuesday. Read Full Article at RT.com

Russian economy ‘completely restored’ to pre-pandemic level – Putin

Russia has completely overcome the economic decline caused by the Covid-19 pandemic, President Vladimir Putin said on Tuesday during a meeting on economic issues. Read Full Article at RT.com
RT Business

Russian economy ‘completely restored’ to pre-pandemic level – Putin

Russia has completely overcome the economic decline caused by the Covid-19 pandemic, President Vladimir Putin said on Tuesday during a meeting on economic issues. Read Full Article at RT.com

Russian pipeline gas exports to China nearly triple in 2021

Deliveries of pipeline gas from Russia to China in January-August 2021 jumped 2.7 times year on year to 4.73 million tons. According to Russia’s state energy giant Gazprom, China’s gas demand has “stunning” growth potential. Read Full Article at RT.co
RT Business

Russian pipeline gas exports to China nearly triple in 2021

Deliveries of pipeline gas from Russia to China in January-August 2021 jumped 2.7 times year on year to 4.73 million tons. According to Russia’s state energy giant Gazprom, China’s gas demand has “stunning” growth potential. Read Full Article at RT.com

European energy crisis could get ugly with winter coming and EU delaying Russian gas supplies

Europe is bracing for a difficult winter, having turned to weather-dependent sources of energy like wind and solar power over fossil fuels while natural gas storages have run low. Read Full Article at RT.com
RT Business

European energy crisis could get ugly with winter coming and EU delaying Russian gas supplies

Europe is bracing for a difficult winter, having turned to weather-dependent sources of energy like wind and solar power over fossil fuels while natural gas storages have run low. Read Full Article at RT.com

German toy factory reveals teddy bear dedicated to Angela Merkel ahead of her resignation

A German toy manufacturer has introduced a teddy bear created in tribute to Angela Merkel’s time in office as the chancellor steps down at the end of this year after serving 16 years as the head of Germany’s government. Read Full Article at RT.com
RT Business

German toy factory reveals teddy bear dedicated to Angela Merkel ahead of her resignation

A German toy manufacturer has introduced a teddy bear created in tribute to Angela Merkel’s time in office as the chancellor steps down at the end of this year after serving 16 years as the head of Germany’s government. Read Full Article at RT.com

Eastern promises: Russia & ASEAN unveil plan for economic cooperation

Russia and the Association of Southeast Asian Nations (ASEAN) have adopted a roadmap for boosting mutual trade and investment cooperation for the next five years, Russia’s Ministry of Economic Development announced. Read Full Article at RT.com
RT Business

Eastern promises: Russia & ASEAN unveil plan for economic cooperation

Russia and the Association of Southeast Asian Nations (ASEAN) have adopted a roadmap for boosting mutual trade and investment cooperation for the next five years, Russia’s Ministry of Economic Development announced. Read Full Article at RT.com

Bank of China: Beijing to steadily expand cross-border use of yuan in 2021

China is planning to “steadily and prudently” promote internationalization of its currency, the yuan, the country’s central bank said, pledging to strengthen the monitoring of cross-border capital flows and prevent systemic risks. Read Full Article at R
RT Business

Bank of China: Beijing to steadily expand cross-border use of yuan in 2021

China is planning to “steadily and prudently” promote internationalization of its currency, the yuan, the country’s central bank said, pledging to strengthen the monitoring of cross-border capital flows and prevent systemic risks. Read Full Article at RT.com

Energy crisis stretches to UK food-supply chain, already bruised by labour shortage amid Brexit & Covid-19

British meat processors have become the latest casualty of the growing energy crisis that threatens to result in a dire shortage of carbon dioxide gas, which is widely used throughout the food and drinks industry. Read Full Article at RT.com
RT Business

Energy crisis stretches to UK food-supply chain, already bruised by labour shortage amid Brexit & Covid-19

British meat processors have become the latest casualty of the growing energy crisis that threatens to result in a dire shortage of carbon dioxide gas, which is widely used throughout the food and drinks industry. Read Full Article at RT.com

When and how does the US government plan to regulate the world of crypto? RT’s Boom Bust finds out

Securities and Exchange Commission Chairman Gary Gensler assured the Senate that the regulator is working overtime to create a set of rules to take control of the volatile cryptocurrency markets. Read Full Article at RT.com
RT Business

When and how does the US government plan to regulate the world of crypto? RT’s Boom Bust finds out

Securities and Exchange Commission Chairman Gary Gensler assured the Senate that the regulator is working overtime to create a set of rules to take control of the volatile cryptocurrency markets. Read Full Article at RT.com

Evergrande execs redeemed investment products ahead of looming bankruptcy

Six top managers of Chinese real estate major Evergrande had redeemed some of its investment products in advance earlier this year, the company said on Saturday, a day after it admitted to a risk of going bankrupt. Read Full Article at RT.com
RT Business

Evergrande execs redeemed investment products ahead of looming bankruptcy

Six top managers of Chinese real estate major Evergrande had redeemed some of its investment products in advance earlier this year, the company said on Saturday, a day after it admitted to a risk of going bankrupt. Read Full Article at RT.com

Russia resumes wheat exports to Algeria after 5yr break

Algeria has allowed Russian grain imports for the first time in more than five years. The first shipment of 30,000 tons of wheat is on its way to the North African nation. Read Full Article at RT.com
RT Business

Russia resumes wheat exports to Algeria after 5yr break

Algeria has allowed Russian grain imports for the first time in more than five years. The first shipment of 30,000 tons of wheat is on its way to the North African nation. Read Full Article at RT.com

One of China’s biggest property developers on brink of bankruptcy

China’s second-largest real estate developer by sales, Evergrande, admitted this week it is under “tremendous pressure” and may not be able to meet its crippling debt obligations. Read Full Article at RT.com
RT Business

One of China’s biggest property developers on brink of bankruptcy

China’s second-largest real estate developer by sales, Evergrande, admitted this week it is under “tremendous pressure” and may not be able to meet its crippling debt obligations. Read Full Article at RT.com

US fight against Nord Stream 2 is part of proxy war against Russia in Washington's attempt to hold on to power – analyst

Construction of Russia’s Nord Stream 2 gas pipeline was completed a week ago. However, the US continues to pressure its European allies to delay the project’s certification. Read Full Article at RT.com
RT Business

US fight against Nord Stream 2 is part of proxy war against Russia in Washington's attempt to hold on to power – analyst

Construction of Russia’s Nord Stream 2 gas pipeline was completed a week ago. However, the US continues to pressure its European allies to delay the project’s certification. Read Full Article at RT.com

Fitch downgrades global GDP forecast due to pandemic-related setbacks

Fitch Ratings has trimmed its outlook for global economic recovery for 2021, citing supply-chain disruptions caused by the Covid-19 pandemic that is still affecting many countries. Read Full Article at RT.com
RT Business

Fitch downgrades global GDP forecast due to pandemic-related setbacks

Fitch Ratings has trimmed its outlook for global economic recovery for 2021, citing supply-chain disruptions caused by the Covid-19 pandemic that is still affecting many countries. Read Full Article at RT.com

China officially applies to join Asia-Pacific free-trade pact

The world’s second-largest economy, China, has filed an application to enter the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which currently includes 11 nations. Read Full Article at RT.com
RT Business

China officially applies to join Asia-Pacific free-trade pact

The world’s second-largest economy, China, has filed an application to enter the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which currently includes 11 nations. Read Full Article at RT.com

AMC cinemas to accept other cryptocurrencies in addition to bitcoin

The world’s largest cinema chain AMC Entertainment has announced it is expanding the range of cryptocurrencies it will accept for online ticket and concession payments. Read Full Article at RT.com
RT Business

AMC cinemas to accept other cryptocurrencies in addition to bitcoin

The world’s largest cinema chain AMC Entertainment has announced it is expanding the range of cryptocurrencies it will accept for online ticket and concession payments. Read Full Article at RT.com

Soaring natural gas prices could weaken EU economy, Saxo Bank warns

The rise of natural gas prices could hurt the economic competitiveness of the European Union on a global scale, Ole Hansen, head of commodity strategy at Saxo Bank, told RIA Novosti. Read Full Article at RT.com
RT Business

Soaring natural gas prices could weaken EU economy, Saxo Bank warns

The rise of natural gas prices could hurt the economic competitiveness of the European Union on a global scale, Ole Hansen, head of commodity strategy at Saxo Bank, told RIA Novosti. Read Full Article at RT.com

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