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Full-on trade war: Trump jacks up tariffs on $550bn of Chinese goods, blasts 'unfair' response

US President Donald Trump has announced yet another major hike of existing and future tariffs on some $550 billion in Chinese goods, criticizing Beijing’s attempt to offset the losses as ‘unfair’ and ‘politically motivated.’ Read Full Article at RT.
RT Business

Full-on trade war: Trump jacks up tariffs on $550bn of Chinese goods, blasts 'unfair' response

US President Donald Trump has announced yet another major hike of existing and future tariffs on some $550 billion in Chinese goods, criticizing Beijing’s attempt to offset the losses as ‘unfair’ and ‘politically motivated.’ Read Full Article at RT.com

Earth’s final frontier: Russia's floating nuclear power plant leaves for new Arctic home

The world’s first floating nuclear power plant (NPP), designed and built by Russia, is set to start its trip across the Arctic to its ‘workplace’ in the Chukotka Region and will provide Russia’s remote areas with heat and energy. Read Full Article at
RT Business

Earth’s final frontier: Russia's floating nuclear power plant leaves for new Arctic home

The world’s first floating nuclear power plant (NPP), designed and built by Russia, is set to start its trip across the Arctic to its ‘workplace’ in the Chukotka Region and will provide Russia’s remote areas with heat and energy. Read Full Article at RT.com

Major toy maker Hasbro to buy out ‘Peppa Pig’ owner eOne for $4 billion

Top American toy maker Hasbro has announced a deal to acquire the owner of popular children's series “Peppa Pig” Entertainment One (eOne) for approximately £3.3 billion (US$4 billion). Read Full Article at RT.com
RT Business

Major toy maker Hasbro to buy out ‘Peppa Pig’ owner eOne for $4 billion

Top American toy maker Hasbro has announced a deal to acquire the owner of popular children's series “Peppa Pig” Entertainment One (eOne) for approximately £3.3 billion (US$4 billion). Read Full Article at RT.com

Life after EU: Britain signs post-Brexit free trade deal with South Korea

London and Seoul have inked a “continuity” trade agreement to replace a similar deal between South Korea and the EU after the UK leaves the bloc. The document is aimed at retaining trade benefits the countries currently enjoy. Read Full Article at RT.com
RT Business

Life after EU: Britain signs post-Brexit free trade deal with South Korea

London and Seoul have inked a “continuity” trade agreement to replace a similar deal between South Korea and the EU after the UK leaves the bloc. The document is aimed at retaining trade benefits the countries currently enjoy. Read Full Article at RT.com

Less dollars, more gold: Russia continues adding to its international reserves

The Central Bank of Russia (CBR) reported on Thursday that the nation’s gold and foreign exchange reserves reached $528.4 billion, rising by $1.3 billion in one week. Read Full Article at RT.com
RT Business

Less dollars, more gold: Russia continues adding to its international reserves

The Central Bank of Russia (CBR) reported on Thursday that the nation’s gold and foreign exchange reserves reached $528.4 billion, rising by $1.3 billion in one week. Read Full Article at RT.com

The United States is set to 'drown the world' in oil

The US could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change. Read Full Article at RT.com
RT Business

The United States is set to 'drown the world' in oil

The US could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change. Read Full Article at RT.com

WTF is an ETF? Investors searching for safe havens hoard ‘paper gold’ in record numbers

In an attempt to secure their assets amid global economic slowdown and recession signals from the US, investors are turning to gold exchange-traded funds (ETFs), accumulating the highest amounts of it since 2013. Read Full Article at RT.com
RT Business

WTF is an ETF? Investors searching for safe havens hoard ‘paper gold’ in record numbers

In an attempt to secure their assets amid global economic slowdown and recession signals from the US, investors are turning to gold exchange-traded funds (ETFs), accumulating the highest amounts of it since 2013. Read Full Article at RT.com

Beijing warns Washington against new tariff action, vowing to retaliate

China’s Commerce Ministry warned the US against further escalating the trade war as it urged Washington not to proceed with new tariffs against Chinese imports, some of which are set to take effect September 1. Read Full Article at RT.com
RT Business

Beijing warns Washington against new tariff action, vowing to retaliate

China’s Commerce Ministry warned the US against further escalating the trade war as it urged Washington not to proceed with new tariffs against Chinese imports, some of which are set to take effect September 1. Read Full Article at RT.com

China threatens sanctions against US firms involved in F-16 fighter jets’ sale to Taiwan

Beijing has urged Washington to cancel the sale of American F-16 fighter planes to Taiwan, vowing sanctions against US companies that take part in the deal in order “to protect [China’s] interests.” Read Full Article at RT.com
RT Business

China threatens sanctions against US firms involved in F-16 fighter jets’ sale to Taiwan

Beijing has urged Washington to cancel the sale of American F-16 fighter planes to Taiwan, vowing sanctions against US companies that take part in the deal in order “to protect [China’s] interests.” Read Full Article at RT.com

Ongoing Hong Kong protests taking toll on city’s economy, Bank of East Asia warns

Massive protests, which have disrupted life in Hong Kong for weeks, may drag the city’s economy down, one of the locally-headquartered lenders, Bank of East Asia, has warned after suffering massive profit losses. Read Full Article at RT.com
RT Business

Ongoing Hong Kong protests taking toll on city’s economy, Bank of East Asia warns

Massive protests, which have disrupted life in Hong Kong for weeks, may drag the city’s economy down, one of the locally-headquartered lenders, Bank of East Asia, has warned after suffering massive profit losses. Read Full Article at RT.com

Trump says Fed ‘biggest problem’ for US economy, calls Powell ‘golfer who can’t putt’

US President Donald Trump has lashed out at the US Federal Reserve and its chairman Jerome Powell, saying they are the only thing that is stalling America’s economic growth. Read Full Article at RT.com
RT Business

Trump says Fed ‘biggest problem’ for US economy, calls Powell ‘golfer who can’t putt’

US President Donald Trump has lashed out at the US Federal Reserve and its chairman Jerome Powell, saying they are the only thing that is stalling America’s economic growth. Read Full Article at RT.com

Higher tariffs & currency devaluation don’t solve trade disputes, IMF warns US & China

The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. Read Full Article at RT.com
RT Business

Higher tariffs & currency devaluation don’t solve trade disputes, IMF warns US & China

The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. Read Full Article at RT.com

‘LIVE OR DIE MOMENT’ for Huawei, founder says as company in ‘battle mode’ against US sanctions

Huawei’s founder has outlined a “battle” plan to prepare the company for the consequences of the US trade ban, which comes into force in less than three months. Read Full Article at RT.com
RT Business

‘LIVE OR DIE MOMENT’ for Huawei, founder says as company in ‘battle mode’ against US sanctions

Huawei’s founder has outlined a “battle” plan to prepare the company for the consequences of the US trade ban, which comes into force in less than three months. Read Full Article at RT.com

Profit before safety? Walmart sues Tesla, claims solar panels caused fires at several stores

Retail giant Walmart is suing Elon Musk’s electric car maker and energy company Tesla, accusing it of “gross negligence” and blaming Tesla’s rooftop solar panels for fires at seven of its stores. Read Full Article at RT.com
RT Business

Profit before safety? Walmart sues Tesla, claims solar panels caused fires at several stores

Retail giant Walmart is suing Elon Musk’s electric car maker and energy company Tesla, accusing it of “gross negligence” and blaming Tesla’s rooftop solar panels for fires at seven of its stores. Read Full Article at RT.com

Why the negativity? Rich Danes will be forced to PAY bank to hold their deposits

Wealthy clients of Denmark’s third largest bank, Jyske Bank, will have to pay to keep savings there instead of earning interest. The bank plans to apply negative interest rates to the deposits. Read Full Article at RT.com
RT Business

Why the negativity? Rich Danes will be forced to PAY bank to hold their deposits

Wealthy clients of Denmark’s third largest bank, Jyske Bank, will have to pay to keep savings there instead of earning interest. The bank plans to apply negative interest rates to the deposits. Read Full Article at RT.com

Going for gold: Russia boosts bullion stockpile by 9 tons in July

Russia’s gold reserves rose by 9 tons in July, increasing the value of the bullion holdings by 1.64% to a hefty $101.923 billion (€92 billion), as of August 1. Read Full Article at RT.com
RT Business

Going for gold: Russia boosts bullion stockpile by 9 tons in July

Russia’s gold reserves rose by 9 tons in July, increasing the value of the bullion holdings by 1.64% to a hefty $101.923 billion (€92 billion), as of August 1. Read Full Article at RT.com

Global economy suffers from high debt with US in worst shape, Peter Schiff tells Boom Bust

With the Dow having its worst session in years over fears of a looming recession and central banks worldwide cutting interest rates, Boom Bust looks at where the global economy is heading and the actual basis for rates cut. Read Full Article at RT.com
RT Business

Global economy suffers from high debt with US in worst shape, Peter Schiff tells Boom Bust

With the Dow having its worst session in years over fears of a looming recession and central banks worldwide cutting interest rates, Boom Bust looks at where the global economy is heading and the actual basis for rates cut. Read Full Article at RT.com

Huawei blasts US move to expand blacklist of its affiliates as ‘politically motivated’

Chinese telecom giant Huawei has said the US decision to blacklist another 46 of the firm’s affiliates is ‘unjust.’ The list now includes more than 100 entries. Read Full Article at RT.com
RT Business

Huawei blasts US move to expand blacklist of its affiliates as ‘politically motivated’

Chinese telecom giant Huawei has said the US decision to blacklist another 46 of the firm’s affiliates is ‘unjust.’ The list now includes more than 100 entries. Read Full Article at RT.com

Jeffrey Epstein ‘signed will’ two days before his death, leaving behind nearly $600 million trust

Sex offender Jeffrey Epstein reportedly signed a will around 48 hours before he was found dead in his cell on August 10, according to court papers obtained by the New York Post. Read Full Article at RT.com
RT Business

Jeffrey Epstein ‘signed will’ two days before his death, leaving behind nearly $600 million trust

Sex offender Jeffrey Epstein reportedly signed a will around 48 hours before he was found dead in his cell on August 10, according to court papers obtained by the New York Post. Read Full Article at RT.com

Google, Amazon, Facebook, Apple to testify in Washington against French digital tax

US tech giants are set to testify at a US government hearing over the French digital tax imposed last month in an attempt to level the playing field between big companies and local businesses. Read Full Article at RT.com
RT Business

Google, Amazon, Facebook, Apple to testify in Washington against French digital tax

US tech giants are set to testify at a US government hearing over the French digital tax imposed last month in an attempt to level the playing field between big companies and local businesses. Read Full Article at RT.com

US plans to send nuclear reactors to space

Despite the nuclear industry stumbling in the domestic United States, the country is looking to put nuclear reactors on Mars and the Moon. Read Full Article at RT.com
RT Business

US plans to send nuclear reactors to space

Despite the nuclear industry stumbling in the domestic United States, the country is looking to put nuclear reactors on Mars and the Moon. Read Full Article at RT.com

‘Massive f*** up’: Bungled auction turns cheers to jeers as Nazi-era ‘Porsche’ fails to sell

A Nazi-era Porsche that was set to become one of the most expensive automobiles in history failed to sell at auction after a technical mix-up. Read Full Article at RT.com
RT Business

‘Massive f*** up’: Bungled auction turns cheers to jeers as Nazi-era ‘Porsche’ fails to sell

A Nazi-era Porsche that was set to become one of the most expensive automobiles in history failed to sell at auction after a technical mix-up. Read Full Article at RT.com

Ukraine’s ex-president Poroshenko siphoned off at least $8 billion, US businessman claims

Ukraine’s former president, Petro Poroshenko, withdrew at least $8 billion from the country while he was in office, American billionaire Sam Kislin claims, adding that it’s impossible to bring back the bulk of the “stolen” money. Read Full Article at
RT Business

Ukraine’s ex-president Poroshenko siphoned off at least $8 billion, US businessman claims

Ukraine’s former president, Petro Poroshenko, withdrew at least $8 billion from the country while he was in office, American billionaire Sam Kislin claims, adding that it’s impossible to bring back the bulk of the “stolen” money. Read Full Article at RT.com

US ban on technology & equipment sales to Huawei pushed back by 90 days

China’s tech giant Huawei will be granted a 90-day reprieve allowing it to continue buying technology and equipment from American firms, US Commerce Secretary Wilbur Ross said on Monday. Read Full Article at RT.com
RT Business

US ban on technology & equipment sales to Huawei pushed back by 90 days

China’s tech giant Huawei will be granted a 90-day reprieve allowing it to continue buying technology and equipment from American firms, US Commerce Secretary Wilbur Ross said on Monday. Read Full Article at RT.com

Iran to establish ferry link to Russia’s Dagestan across Caspian Sea

Tehran is in talks with Moscow over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan. Read Full Article at RT.com
RT Business

Iran to establish ferry link to Russia’s Dagestan across Caspian Sea

Tehran is in talks with Moscow over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan. Read Full Article at RT.com

‘It’s theft’: RT’s Keiser Report unearths ugly truth about negative yield bonds

RT’s latest episode of The Keiser Report looks at what the infamous negative yielding bonds are made of, who profits from them – and who suffers losses. Read Full Article at RT.com
RT Business

‘It’s theft’: RT’s Keiser Report unearths ugly truth about negative yield bonds

RT’s latest episode of The Keiser Report looks at what the infamous negative yielding bonds are made of, who profits from them – and who suffers losses. Read Full Article at RT.com

China prepares its 'nuclear option' in trade war

As the trade war continues to escalate, China is becoming increasingly active in Iran and is considering retaliating with what has long been described as the country’s ‘nuclear option’. Read Full Article at RT.com
RT Business

China prepares its 'nuclear option' in trade war

As the trade war continues to escalate, China is becoming increasingly active in Iran and is considering retaliating with what has long been described as the country’s ‘nuclear option’. Read Full Article at RT.com

WATCH China’s new commercial-use rocket delivers 3 satellites into orbit

A Chinese carrier rocket designed for commercial use has made its maiden flight, carrying three satellites into orbit. State media released footage of the successful launch. Read Full Article at RT.com
RT Business

WATCH China’s new commercial-use rocket delivers 3 satellites into orbit

A Chinese carrier rocket designed for commercial use has made its maiden flight, carrying three satellites into orbit. State media released footage of the successful launch. Read Full Article at RT.com

Japan keeps gobbling up US debt as Russia keeps on dumping

China lost its status of top foreign holder of US Treasury securities in June for the first time in around two years, US Treasury Department data released on Thursday shows. Japan is now the top holder of US debt. Read Full Article at RT.com
RT Business

Japan keeps gobbling up US debt as Russia keeps on dumping

China lost its status of top foreign holder of US Treasury securities in June for the first time in around two years, US Treasury Department data released on Thursday shows. Japan is now the top holder of US debt. Read Full Article at RT.com

Over a barrel: Trump’s oil sanctions make Russian crude exporters $1 billion richer

US economic pressure on Iran and Venezuela has deprived world oil markets of two large exporters. However, this gap has been filled by Russian supplies, earning its oil firms at least $905 million in cash, according to Bloomberg. Read Full Article at RT.com
RT Business

Over a barrel: Trump’s oil sanctions make Russian crude exporters $1 billion richer

US economic pressure on Iran and Venezuela has deprived world oil markets of two large exporters. However, this gap has been filled by Russian supplies, earning its oil firms at least $905 million in cash, according to Bloomberg. Read Full Article at RT.com

Huawei to unveil its own mapping service to challenge Google Maps

Shortly after launching its own operating system, HarmonyOS, to replace Google’s Android, Chinese tech giant Huawei vowed to take on Google Maps, with plans to unveil a domestically-created alternative. Read Full Article at RT.com
RT Business

Huawei to unveil its own mapping service to challenge Google Maps

Shortly after launching its own operating system, HarmonyOS, to replace Google’s Android, Chinese tech giant Huawei vowed to take on Google Maps, with plans to unveil a domestically-created alternative. Read Full Article at RT.com

Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems

Banks in Hong Kong say they can cope with a sudden increase in demand for cash after reported calls by protesters to take out and convert their money to dollars in a bid to put pressure on the local authorities. Read Full Article at RT.com
RT Business

Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems

Banks in Hong Kong say they can cope with a sudden increase in demand for cash after reported calls by protesters to take out and convert their money to dollars in a bid to put pressure on the local authorities. Read Full Article at RT.com

China vows immediate retaliation if US proceeds with new tariffs

Beijing has refused to sit idle if Washington hits $300 billion worth of Chinese imports with additional 10 percent levies, calling the decision a violation of agreements reached by presidents Donald Trump and Xi Jinping. Read Full Article at RT.com
RT Business

China vows immediate retaliation if US proceeds with new tariffs

Beijing has refused to sit idle if Washington hits $300 billion worth of Chinese imports with additional 10 percent levies, calling the decision a violation of agreements reached by presidents Donald Trump and Xi Jinping. Read Full Article at RT.com

US must accumulate more & more debt in order to keep economy from collapsing – RT’s Keiser Report

Max Keiser and Stacy Herbert discuss the fact that the US Federal Reserve is stuck in a rate-cutting box of its own making. Read Full Article at RT.com
RT Business

US must accumulate more & more debt in order to keep economy from collapsing – RT’s Keiser Report

Max Keiser and Stacy Herbert discuss the fact that the US Federal Reserve is stuck in a rate-cutting box of its own making. Read Full Article at RT.com

Trump says a trade agreement with China will be on US terms

The is no purpose to a trade deal with Beijing if it is not on Washington’s terms, US president Donald Trump said, shortly after China threatened a retaliation to new US tariffs on its imports. Read Full Article at RT.com
RT Business

Trump says a trade agreement with China will be on US terms

The is no purpose to a trade deal with Beijing if it is not on Washington’s terms, US president Donald Trump said, shortly after China threatened a retaliation to new US tariffs on its imports. Read Full Article at RT.com

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