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US headed for dollar & sovereign debt crisis on scale never experienced – Peter Schiff

The US Federal Reserve has never been right in its policies and has set up the American economy for an even bigger crisis, said economist Peter Schiff at the Virtual Investor Day Conference. Read Full Article at RT.com
RT Business

US headed for dollar & sovereign debt crisis on scale never experienced – Peter Schiff

The US Federal Reserve has never been right in its policies and has set up the American economy for an even bigger crisis, said economist Peter Schiff at the Virtual Investor Day Conference. Read Full Article at RT.com

US economic rebound using 'helicopter money' not viable, strategist tells Boom Bust

The US saw the strongest quarterly growth between July and September, when the economy grew at an annualized rate of over 33 percent. It comes after the Covid-19 outbreak caused a record drop in the previous quarter. Read Full Article at RT.com
RT Business

US economic rebound using 'helicopter money' not viable, strategist tells Boom Bust

The US saw the strongest quarterly growth between July and September, when the economy grew at an annualized rate of over 33 percent. It comes after the Covid-19 outbreak caused a record drop in the previous quarter. Read Full Article at RT.com

Governments’ Covid-19 reaction to close economies worse than pandemic itself – Jim Rogers

While the coronavirus outbreak triggered the deepest crisis in decades, “overreacting” politicians have only exacerbated the situation, legendary investor Jim Rogers has told an international forum hosted by Russia. Read Full Article at RT.com
RT Business

Governments’ Covid-19 reaction to close economies worse than pandemic itself – Jim Rogers

While the coronavirus outbreak triggered the deepest crisis in decades, “overreacting” politicians have only exacerbated the situation, legendary investor Jim Rogers has told an international forum hosted by Russia. Read Full Article at RT.com

Chinese yuan beats Asian peers with biggest weekly gains

The yuan has continued to strengthen against the US dollar at the end of the week, rising most of all currencies in the Asia region, amid the strong recovery of the Chinese economy. Read Full Article at RT.com
RT Business

Chinese yuan beats Asian peers with biggest weekly gains

The yuan has continued to strengthen against the US dollar at the end of the week, rising most of all currencies in the Asia region, amid the strong recovery of the Chinese economy. Read Full Article at RT.com

China coming out of Covid-19 crisis intact, like America emerged after World War II – entrepreneur tells Keiser Report

Max Keiser talks to entrepreneur Dan Collins, who is back in the United States after 20 years in China. They discuss Washington’s ongoing trade war with Beijing. Read Full Article at RT.com
RT Business

China coming out of Covid-19 crisis intact, like America emerged after World War II – entrepreneur tells Keiser Report

Max Keiser talks to entrepreneur Dan Collins, who is back in the United States after 20 years in China. They discuss Washington’s ongoing trade war with Beijing. Read Full Article at RT.com

US economy may face unprecedented crash without another massive injection, Professor Wolff tells Boom Bust

The US economy is currently crippled by two simultaneous crises – rising Covid infections and an economic crash that happens every several years – Professor Richard Wolff told RT’s Boom Bust. Read Full Article at RT.com
RT Business

US economy may face unprecedented crash without another massive injection, Professor Wolff tells Boom Bust

The US economy is currently crippled by two simultaneous crises – rising Covid infections and an economic crash that happens every several years – Professor Richard Wolff told RT’s Boom Bust. Read Full Article at RT.com

Oil prices hit 4-month low over fear new coronavirus lockdowns will crush demand

Crude prices fell for the second straight session, plunging by nearly four percent on Wednesday as rapidly rising numbers of Covid-19 infections worldwide spur oversupply concerns. Read Full Article at RT.com
RT Business

Oil prices hit 4-month low over fear new coronavirus lockdowns will crush demand

Crude prices fell for the second straight session, plunging by nearly four percent on Wednesday as rapidly rising numbers of Covid-19 infections worldwide spur oversupply concerns. Read Full Article at RT.com

Russian economy doing better than most countries amid pandemic – Putin

The economic decline in Russia due to the Covid-19-related crisis will be around four percent this year, which is less than in other countries, Russian President Vladimir Putin said at the Russia Calling investment forum. Read Full Article at RT.com
RT Business

Russian economy doing better than most countries amid pandemic – Putin

The economic decline in Russia due to the Covid-19-related crisis will be around four percent this year, which is less than in other countries, Russian President Vladimir Putin said at the Russia Calling investment forum. Read Full Article at RT.com

Washington may allow China’s Huawei to receive vital chip supplies for its non-5G business – report

The US could be easing its draconian sanctions against Huawei by letting more chip suppliers ship components to the Chinese tech company – as long as they are not used for developing 5G technology. Read Full Article at RT.com
RT Business

Washington may allow China’s Huawei to receive vital chip supplies for its non-5G business – report

The US could be easing its draconian sanctions against Huawei by letting more chip suppliers ship components to the Chinese tech company – as long as they are not used for developing 5G technology. Read Full Article at RT.com

Boeing losses continue to mount amid Covid-19 crisis & 737 MAX fiasco

US plane maker Boeing reported its fourth straight quarterly loss on Wednesday as the coronavirus pandemic and the grounding of the troubled 737 MAX hurt the company’s sales. Read Full Article at RT.com
RT Business

Boeing losses continue to mount amid Covid-19 crisis & 737 MAX fiasco

US plane maker Boeing reported its fourth straight quarterly loss on Wednesday as the coronavirus pandemic and the grounding of the troubled 737 MAX hurt the company’s sales. Read Full Article at RT.com

Americans may not get more stimulus checks until Valentine's Day, former Fed insider tells Boom Bust

While hopes that a new coronavirus stimulus deal will be adopted before the election are fading, there is a possibility that Americans won’t see paychecks for months from now, ex-Fed insider Danielle DiMartino Booth believes. Read Full Article at RT.com
RT Business

Americans may not get more stimulus checks until Valentine's Day, former Fed insider tells Boom Bust

While hopes that a new coronavirus stimulus deal will be adopted before the election are fading, there is a possibility that Americans won’t see paychecks for months from now, ex-Fed insider Danielle DiMartino Booth believes. Read Full Article at RT.com

Dow down 943 points, stock markets crash on fear of more lockdowns as global number of Covid-19 cases grows

Global stocks dropped sharply on Wednesday amid investor fears that rising coronavirus numbers in the United States and Europe could halt economic recovery. Read Full Article at RT.com
RT Business

Dow down 943 points, stock markets crash on fear of more lockdowns as global number of Covid-19 cases grows

Global stocks dropped sharply on Wednesday amid investor fears that rising coronavirus numbers in the United States and Europe could halt economic recovery. Read Full Article at RT.com

Russia’s crude oil exports drop 8% in January-August

Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews. Read Full Article at RT.com
RT Business

Russia’s crude oil exports drop 8% in January-August

Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews. Read Full Article at RT.com

Mystery crypto whale just moved over $1.1 BILLION in bitcoin, paying less than $4 for transaction

The bitcoin network has recently seen the largest dollar value transaction in history, as an anonymous holder moved more than 88,857 bitcoin (BTC) worth around $1.15 billion. Read Full Article at RT.com
RT Business

Mystery crypto whale just moved over $1.1 BILLION in bitcoin, paying less than $4 for transaction

The bitcoin network has recently seen the largest dollar value transaction in history, as an anonymous holder moved more than 88,857 bitcoin (BTC) worth around $1.15 billion. Read Full Article at RT.com

China in post-Covid race for global economic dominance – Max Keiser

Max Keiser and Stacy Herbert of the Keiser Report look into corporate buybacks of the biggest US corporations which have continued for two decades, while in China business is booming. Read Full Article at RT.com
RT Business

China in post-Covid race for global economic dominance – Max Keiser

Max Keiser and Stacy Herbert of the Keiser Report look into corporate buybacks of the biggest US corporations which have continued for two decades, while in China business is booming. Read Full Article at RT.com

India will drive global energy demand – PM Narendra Modi

The fifth annual India Energy Forum began on Monday, chaired by Prime Minister Narendra Modi via video conference. The three-day event will be attended by around 50 CEOs from major global energy companies. Read Full Article at RT.com
RT Business

India will drive global energy demand – PM Narendra Modi

The fifth annual India Energy Forum began on Monday, chaired by Prime Minister Narendra Modi via video conference. The three-day event will be attended by around 50 CEOs from major global energy companies. Read Full Article at RT.com

More pain than gain: Trump’s trade war with China fails to boost US manufacturing

A report by consulting firm Kearney found that US’ trade war against China hasn’t achieved the key objective of reversing America’s decline in manufacturing. Jobs haven’t returned to the US, it said. Read Full Article at RT.com
RT Business

More pain than gain: Trump’s trade war with China fails to boost US manufacturing

A report by consulting firm Kearney found that US’ trade war against China hasn’t achieved the key objective of reversing America’s decline in manufacturing. Jobs haven’t returned to the US, it said. Read Full Article at RT.com

Jack Ma says his new company’s IPO will be ‘the LARGEST in human history’

Alibaba founder Jack Ma says the dual initial public offering (IPO) listings of his fintech company Ant Group in Shanghai and Hong Kong will break the world record as the biggest listing in history. Read Full Article at RT.com
RT Business

Jack Ma says his new company’s IPO will be ‘the LARGEST in human history’

Alibaba founder Jack Ma says the dual initial public offering (IPO) listings of his fintech company Ant Group in Shanghai and Hong Kong will break the world record as the biggest listing in history. Read Full Article at RT.com

Over half of Europe’s smaller firms may be bankrupt within a year – McKinsey poll

More than 50 percent of small and medium-sized businesses (SMEs) operating in Europe’s top-five economic powerhouses fear they will have to close in 12 months as they’re struggling to stay afloat amid the coronavirus crisis. Read Full Article at RT.com
RT Business

Over half of Europe’s smaller firms may be bankrupt within a year – McKinsey poll

More than 50 percent of small and medium-sized businesses (SMEs) operating in Europe’s top-five economic powerhouses fear they will have to close in 12 months as they’re struggling to stay afloat amid the coronavirus crisis. Read Full Article at RT.com

Russia to open WORLD’S LARGEST gold mine in Siberia

Russia's largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons of ore, containing 40 million troy ounces of gold. Read Full Article at RT.com
RT Business

Russia to open WORLD’S LARGEST gold mine in Siberia

Russia's largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons of ore, containing 40 million troy ounces of gold. Read Full Article at RT.com

ISIS calls for attacks on Saudi oil industry

The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel. Read Full Article at RT.com
RT Business

ISIS calls for attacks on Saudi oil industry

The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel. Read Full Article at RT.com

Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has said, warning of still uncertain recovery prospects. Read Full Article at RT.com
RT Business

Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has said, warning of still uncertain recovery prospects. Read Full Article at RT.com

Russian investors prefer cryptocurrencies over gold – World Gold Council

While gold is considered a safe heaven, it is not currently a mainstream investment among Russians, whose money is more likely to go into other options, including cryptocurrencies. Read Full Article at RT.com
RT Business

Russian investors prefer cryptocurrencies over gold – World Gold Council

While gold is considered a safe heaven, it is not currently a mainstream investment among Russians, whose money is more likely to go into other options, including cryptocurrencies. Read Full Article at RT.com

OPEC+ crude production cuts could be extended – Putin

Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin. Read Full Article at RT.com
RT Business

OPEC+ crude production cuts could be extended – Putin

Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin. Read Full Article at RT.com

Chinese & Indian households getting richer during Covid pandemic while wealth in US declines – Credit Suisse

A new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked the trend. Read Full Article at RT.com
RT Business

Chinese & Indian households getting richer during Covid pandemic while wealth in US declines – Credit Suisse

A new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked the trend. Read Full Article at RT.com

Huawei’s revenue growth slows sharply as Covid-19 & US sanctions bite

Chinese telecoms giant Huawei said the company’s revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted its business. Read Full Article at RT.com
RT Business

Huawei’s revenue growth slows sharply as Covid-19 & US sanctions bite

Chinese telecoms giant Huawei said the company’s revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted its business. Read Full Article at RT.com

Stock market could well be off to the races again soon, technical analyst tells Boom Bust

As the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT’s Boom Bust explores what effect the turbulent talks might have on stock market performance. Read Full Article at RT.com
RT Business

Stock market could well be off to the races again soon, technical analyst tells Boom Bust

As the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT’s Boom Bust explores what effect the turbulent talks might have on stock market performance. Read Full Article at RT.com

Britain seals first major post-Brexit free trade deal with Japan

London and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion). Read Full Article at RT.com
RT Business

Britain seals first major post-Brexit free trade deal with Japan

London and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion). Read Full Article at RT.com

British Airways facing increasing losses as Covid-19 restrictions batter travel demand

Cash-strapped International Airlines Group (IAG), which operates British Airways, has been forced to cut its flight schedule for the rest of the year as the coronavirus lockdowns continue to restict travel. Read Full Article at RT.com
RT Business

British Airways facing increasing losses as Covid-19 restrictions batter travel demand

Cash-strapped International Airlines Group (IAG), which operates British Airways, has been forced to cut its flight schedule for the rest of the year as the coronavirus lockdowns continue to restict travel. Read Full Article at RT.com

We’re moving from the American century to a Chinese century – Max Keiser

The hosts of RT’s Keiser Report note that global perception in advanced economies has shifted so that China is seen as the world’s number one economic power. Read Full Article at RT.com
RT Business

We’re moving from the American century to a Chinese century – Max Keiser

The hosts of RT’s Keiser Report note that global perception in advanced economies has shifted so that China is seen as the world’s number one economic power. Read Full Article at RT.com

US economy looks to be on indefinite life support from government, Professor Wolff tells Boom Bust

The US is facing a very serious economic downturn and the current “political bickering” about new stimulus measures isn’t doing any good for the American people, Professor Richard Wolff told RT’s Boom Bust. Read Full Article at RT.com
RT Business

US economy looks to be on indefinite life support from government, Professor Wolff tells Boom Bust

The US is facing a very serious economic downturn and the current “political bickering” about new stimulus measures isn’t doing any good for the American people, Professor Richard Wolff told RT’s Boom Bust. Read Full Article at RT.com

India sees HIGHEST EVER inflow of investments despite COVID-19 pandemic

India’s commerce and industry ministry said the country has received the highest ever total foreign direct investment (FDI) during the first five months of the financial year (April-August 2020). Read Full Article at RT.com
RT Business

India sees HIGHEST EVER inflow of investments despite COVID-19 pandemic

India’s commerce and industry ministry said the country has received the highest ever total foreign direct investment (FDI) during the first five months of the financial year (April-August 2020). Read Full Article at RT.com

US tries to squeeze Huawei out of Brazil’s 5G network development

Brazil has become the latest battleground in the US tech war against Beijing, with the Trump administration offering the South American country lucrative financing to shift away from China’s Huawei when developing its 5G networks. Read Full Article at RT.co
RT Business

US tries to squeeze Huawei out of Brazil’s 5G network development

Brazil has become the latest battleground in the US tech war against Beijing, with the Trump administration offering the South American country lucrative financing to shift away from China’s Huawei when developing its 5G networks. Read Full Article at RT.com

World’s largest & most powerful nuclear icebreaker joins Russia’s Arctic fleet

Russia’s newest nuclear-powered icebreaker, the Arktika, will start operating in the Arctic waters of the Northern Sea Route (NSR) in December after the vessel’s acceptance and delivery certificate was signed on Wednesday. Read Full Article at RT.com
RT Business

World’s largest & most powerful nuclear icebreaker joins Russia’s Arctic fleet

Russia’s newest nuclear-powered icebreaker, the Arktika, will start operating in the Arctic waters of the Northern Sea Route (NSR) in December after the vessel’s acceptance and delivery certificate was signed on Wednesday. Read Full Article at RT.com

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