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This Russian airport is listed among the world’s best (PHOTOS)

One of the newest Russian airports, Platov International Airport in the city of Rostov-on-Don, has received the highest mark from the UK-based ranking organization Skytrax, becoming the first five-star Russian airport. Read Full Article at RT.com
RT Business

This Russian airport is listed among the world’s best (PHOTOS)

One of the newest Russian airports, Platov International Airport in the city of Rostov-on-Don, has received the highest mark from the UK-based ranking organization Skytrax, becoming the first five-star Russian airport. Read Full Article at RT.com

Moscow court orders US investor of Baring Vostok to be held in custody over $37mn fraud allegations

The founder and senior partner of Baring Vostok private equity fund, Michael Calvey, will be detained in Moscow for two months after his bail got rejected. The US citizen is accused of a large-scale fraud involving a Russian bank. Read Full Article at RT.com
RT Business

Moscow court orders US investor of Baring Vostok to be held in custody over $37mn fraud allegations

The founder and senior partner of Baring Vostok private equity fund, Michael Calvey, will be detained in Moscow for two months after his bail got rejected. The US citizen is accused of a large-scale fraud involving a Russian bank. Read Full Article at RT.com

Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era

A Russian grocery retailer was nearly forced to close during its grand opening week in Germany when a huge crowd of Leipzig locals arrived and gobbled up almost the entire inventory. Read Full Article at RT.com
RT Business

Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era

A Russian grocery retailer was nearly forced to close during its grand opening week in Germany when a huge crowd of Leipzig locals arrived and gobbled up almost the entire inventory. Read Full Article at RT.com

If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency

Just a few weeks after JP Morgan declared cryptocurrencies like Bitcoin to only have value in a post-capitalist dystopia, the $2.5tn banking giant announced its own blockchain-based “JPM Coin” – should we be worried? Read Full Article at RT.com
RT Business

If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency

Just a few weeks after JP Morgan declared cryptocurrencies like Bitcoin to only have value in a post-capitalist dystopia, the $2.5tn banking giant announced its own blockchain-based “JPM Coin” – should we be worried? Read Full Article at RT.com

Russian PM calls on government to go beyond ‘dry figures’ to address poverty

The Russian government should do more to help its 19 million citizens living below the poverty line, said Prime Minister Dmitry Medvedev. He suggested providing better-targeted assistance to the poor than just statistics. Read Full Article at RT.com
RT Business

Russian PM calls on government to go beyond ‘dry figures’ to address poverty

The Russian government should do more to help its 19 million citizens living below the poverty line, said Prime Minister Dmitry Medvedev. He suggested providing better-targeted assistance to the poor than just statistics. Read Full Article at RT.com

US investor & top partners of Baring Vostok equity fund detained in Moscow on fraud allegations

A court in Moscow has ordered the detention of the founder and senior partner of Baring Vostok private equity, as part of an ongoing inquiry into fraud allegations. Other employees were also taken into custody. Read Full Article at RT.com
RT Business

US investor & top partners of Baring Vostok equity fund detained in Moscow on fraud allegations

A court in Moscow has ordered the detention of the founder and senior partner of Baring Vostok private equity, as part of an ongoing inquiry into fraud allegations. Other employees were also taken into custody. Read Full Article at RT.com

Russia will launch Arctic LNG 2 project even if US sanctions scare off investors – Finance Ministry

The US bill introducing new sanctions against Russia aims to sabotage the Arctic LNG 2 project, according to Russian Finance Minister Anton Siluanov. But Moscow will launch the project even if it has to do it on its own, he added. Read Full Article at RT.com
RT Business

Russia will launch Arctic LNG 2 project even if US sanctions scare off investors – Finance Ministry

The US bill introducing new sanctions against Russia aims to sabotage the Arctic LNG 2 project, according to Russian Finance Minister Anton Siluanov. But Moscow will launch the project even if it has to do it on its own, he added. Read Full Article at RT.com

Russia calls latest US sanctions ‘just another schizoid story’

Russia is not afraid of sanctions and new penalties won’t hugely harm the economy, according to Prime Minister Dmitry Medvedev. However, he added that the measures may slow development. Read Full Article at RT.com
RT Business

Russia calls latest US sanctions ‘just another schizoid story’

Russia is not afraid of sanctions and new penalties won’t hugely harm the economy, according to Prime Minister Dmitry Medvedev. However, he added that the measures may slow development. Read Full Article at RT.com

No way back for Nord Stream 2 pipeline project – Germany

The Nord Stream 2 gas pipeline project, controlled by Russian energy giant Gazprom, is unlikely to be cancelled, according to Annegret Kramp-Karrenbauer, the new leader of Germany’s Christian Democratic Union (CDU). Read Full Article at RT.com
RT Business

No way back for Nord Stream 2 pipeline project – Germany

The Nord Stream 2 gas pipeline project, controlled by Russian energy giant Gazprom, is unlikely to be cancelled, according to Annegret Kramp-Karrenbauer, the new leader of Germany’s Christian Democratic Union (CDU). Read Full Article at RT.com

Boom Bust asks if the bubble is bursting as record number of Americans fall behind on car payments

Soaring car-loan debt in the US is a disturbing sign for the economy, showing that the middle class is in “serious economic trouble” as people sacrifice their basic necessities, Professor of Economics Richard Wolff believes. Read Full Article at RT.com
RT Business

Boom Bust asks if the bubble is bursting as record number of Americans fall behind on car payments

Soaring car-loan debt in the US is a disturbing sign for the economy, showing that the middle class is in “serious economic trouble” as people sacrifice their basic necessities, Professor of Economics Richard Wolff believes. Read Full Article at RT.com

Chinese exports surge despite gloomy forecasts as trade spat with US remains unsolved

Sales of Chinese goods abroad saw a dramatic upsurge in January, according to the latest statistics from China’s General Administration of Customs (GAC). Imports also dropped far less than analysts predicted. Read Full Article at RT.com
RT Business

Chinese exports surge despite gloomy forecasts as trade spat with US remains unsolved

Sales of Chinese goods abroad saw a dramatic upsurge in January, according to the latest statistics from China’s General Administration of Customs (GAC). Imports also dropped far less than analysts predicted. Read Full Article at RT.com

Airbus to stop production of world's largest passenger airliner A380

Europe's aerospace group Airbus has announced it is set to stop making the A380 super-jumbo after its biggest customer, Emirates, reduced the number of orders for the world’s biggest passenger jet. Read Full Article at RT.com
RT Business

Airbus to stop production of world's largest passenger airliner A380

Europe's aerospace group Airbus has announced it is set to stop making the A380 super-jumbo after its biggest customer, Emirates, reduced the number of orders for the world’s biggest passenger jet. Read Full Article at RT.com

US warns the world against buying Venezuelan oil

US National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country said it wants to sell more oil to the fast-growing Indian market. Read Full Article at RT.com
RT Business

US warns the world against buying Venezuelan oil

US National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country said it wants to sell more oil to the fast-growing Indian market. Read Full Article at RT.com

As US piles on sanctions, foreign investors pour more money into Russia

Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into Russian bonds despite US sanctions. Read Full Article at RT.com
RT Business

As US piles on sanctions, foreign investors pour more money into Russia

Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into Russian bonds despite US sanctions. Read Full Article at RT.com

Nothing stopping Russian-German trade turnover's rapid growth

Trade turnover between Russia and its second largest trade partner, Germany, increased 8.4 percent and reached nearly €62 billion ($70 billion) in 2018 compared to previous year, according to the German trade lobby. Read Full Article at RT.com
RT Business

Nothing stopping Russian-German trade turnover's rapid growth

Trade turnover between Russia and its second largest trade partner, Germany, increased 8.4 percent and reached nearly €62 billion ($70 billion) in 2018 compared to previous year, according to the German trade lobby. Read Full Article at RT.com

If you bought Apple stock instead of the original iPhone, which would be the better investment?

The first smartphone, designed and marketed by Apple, hit the shelves in June 2007. The original iPhone, known as the iPhone 2G, became a revolutionary gadget combining a mobile phone, a mobile browser, and a media player. Read Full Article at RT.com
RT Business

If you bought Apple stock instead of the original iPhone, which would be the better investment?

The first smartphone, designed and marketed by Apple, hit the shelves in June 2007. The original iPhone, known as the iPhone 2G, became a revolutionary gadget combining a mobile phone, a mobile browser, and a media player. Read Full Article at RT.com

Bulgaria freezes accounts of Venezuelan state oil firm after Washington ‘tip-off’

Authorities in Bulgaria have blocked transfers out of bank accounts belonging to Venezuelan state-controlled energy corporation PDVSA, according to Bulgaria’s chief prosecutor Sotir Tsatsarov. Read Full Article at RT.com
RT Business

Bulgaria freezes accounts of Venezuelan state oil firm after Washington ‘tip-off’

Authorities in Bulgaria have blocked transfers out of bank accounts belonging to Venezuelan state-controlled energy corporation PDVSA, according to Bulgaria’s chief prosecutor Sotir Tsatsarov. Read Full Article at RT.com

Venezuelan opposition could soon take over Citgo

The Venezuelan opposition led by Juan Guaido could soon become the owner of PDVSA’s US refining business, Citgo, in what would only deepen the chaos surrounding the country’s state oil company. Read Full Article at RT.com
RT Business

Venezuelan opposition could soon take over Citgo

The Venezuelan opposition led by Juan Guaido could soon become the owner of PDVSA’s US refining business, Citgo, in what would only deepen the chaos surrounding the country’s state oil company. Read Full Article at RT.com

Cheap ticket trick? Lufthansa airline sues passenger for missing flight

Germany’s Lufthansa airline wants to punish a passenger who allegedly took advantage of their ticket pricing by ditching the last leg of a booked flight. The case may put an end to a loophole exploited by seekers of cheap flights. Read Full Article at RT.co
RT Business

Cheap ticket trick? Lufthansa airline sues passenger for missing flight

Germany’s Lufthansa airline wants to punish a passenger who allegedly took advantage of their ticket pricing by ditching the last leg of a booked flight. The case may put an end to a loophole exploited by seekers of cheap flights. Read Full Article at RT.com

Blast from the past: Putin wants Russian civilian air travel to go supersonic once again

Russian President Vladimir Putin has backed the idea of a domestically-built supersonic passenger aircraft based on the “brilliant” Tu-160 strategic bomber recently developed for the military. Read Full Article at RT.com
RT Business

Blast from the past: Putin wants Russian civilian air travel to go supersonic once again

Russian President Vladimir Putin has backed the idea of a domestically-built supersonic passenger aircraft based on the “brilliant” Tu-160 strategic bomber recently developed for the military. Read Full Article at RT.com

History made: US national debt tops $22 trillion

The US national debt has climbed above $22 trillion. It is projected to continue rising by a trillion each year over the next decade, due to the cost of pensions and medical care for the retiring Baby Boomers. Read Full Article at RT.com
RT Business

History made: US national debt tops $22 trillion

The US national debt has climbed above $22 trillion. It is projected to continue rising by a trillion each year over the next decade, due to the cost of pensions and medical care for the retiring Baby Boomers. Read Full Article at RT.com

Tokyo to boost energy ties with Moscow despite sanctions against Russia - Japan's economy ministry

Amid growing uncertainties on the global oil market, Japan is looking to boost its energy cooperation with Russia, and international sanctions on Moscow don’t prohibit cooperation. Read Full Article at RT.com
RT Business

Tokyo to boost energy ties with Moscow despite sanctions against Russia - Japan's economy ministry

Amid growing uncertainties on the global oil market, Japan is looking to boost its energy cooperation with Russia, and international sanctions on Moscow don’t prohibit cooperation. Read Full Article at RT.com

Ruble flexes its muscle after Moody’s lifts Russia’s rating to investment grade

The Russian ruble has been gaining ground on the US dollar and the euro after global credit rating agency Moody’s upgraded Russia’s sovereign rating to investment grade with a stable outlook. Read Full Article at RT.com
RT Business

Ruble flexes its muscle after Moody’s lifts Russia’s rating to investment grade

The Russian ruble has been gaining ground on the US dollar and the euro after global credit rating agency Moody’s upgraded Russia’s sovereign rating to investment grade with a stable outlook. Read Full Article at RT.com

South Africa oil discovery could be a game-changer

South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country. Read Full Article at RT.com
RT Business

South Africa oil discovery could be a game-changer

South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country. Read Full Article at RT.com

Saudi Arabia to invest in Russian tourism sector – head of Russia’s wealth fund

Russia and Saudi Arabia are planning to ramp up mutual investments in tourism projects, the CEO of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, told journalists Monday. Read Full Article at RT.com
RT Business

Saudi Arabia to invest in Russian tourism sector – head of Russia’s wealth fund

Russia and Saudi Arabia are planning to ramp up mutual investments in tourism projects, the CEO of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, told journalists Monday. Read Full Article at RT.com

Nord Stream 2 is in 'our interest', says German minister amid US pressure on project with Russia

As the US tries to impede Berlin from a joint energy project with Russia – Nord Stream 2 – the German economy minister says that his country will stick to the enterprise, backing Moscow as a reliable partner. Read Full Article at RT.com
RT Business

Nord Stream 2 is in 'our interest', says German minister amid US pressure on project with Russia

As the US tries to impede Berlin from a joint energy project with Russia – Nord Stream 2 – the German economy minister says that his country will stick to the enterprise, backing Moscow as a reliable partner. Read Full Article at RT.com

Medical tourism to Russia booms as high-quality, low-cost treatment attracts foreigners

The number of foreigners coming to Russia for medical treatment is growing exponentially, rising by 40 percent last year, according to Medsi, one of the biggest networks of private clinics in Russia. Read Full Article at RT.com
RT Business

Medical tourism to Russia booms as high-quality, low-cost treatment attracts foreigners

The number of foreigners coming to Russia for medical treatment is growing exponentially, rising by 40 percent last year, according to Medsi, one of the biggest networks of private clinics in Russia. Read Full Article at RT.com

Venezuela’s oil giant PDVSA moves joint ventures’ accounts to Russia’s Gazprombank – report

Amid the tightening noose of US sanctions, Venezuela’s state oil company PDVSA is reportedly moving bank accounts of its joint ventures with foreign companies to Russia’s Gazprombank, Reuters reports, citing documents and sources. Read Full Article at RT.
RT Business

Venezuela’s oil giant PDVSA moves joint ventures’ accounts to Russia’s Gazprombank – report

Amid the tightening noose of US sanctions, Venezuela’s state oil company PDVSA is reportedly moving bank accounts of its joint ventures with foreign companies to Russia’s Gazprombank, Reuters reports, citing documents and sources. Read Full Article at RT.com

Eurozone’s economic growth forecast cut due to ‘large uncertainty’

The European Commission (EC) has slashed its growth forecast for the 19 countries that use the euro. It said even the lower estimate was vulnerable to large uncertainty from slowing growth in China and weakening global trade. Read Full Article at RT.com
RT Business

Eurozone’s economic growth forecast cut due to ‘large uncertainty’

The European Commission (EC) has slashed its growth forecast for the 19 countries that use the euro. It said even the lower estimate was vulnerable to large uncertainty from slowing growth in China and weakening global trade. Read Full Article at RT.com

Russia-led free-trade zone will soon include 5 more countries

Free-trade agreements are expected to be signed between the Russia-led Eurasian Economic Union (EEU) and Israel, Singapore, India, Egypt and Iran in the near future. Read Full Article at RT.com
RT Business

Russia-led free-trade zone will soon include 5 more countries

Free-trade agreements are expected to be signed between the Russia-led Eurasian Economic Union (EEU) and Israel, Singapore, India, Egypt and Iran in the near future. Read Full Article at RT.com

Dump dollar for gold: Russia mulls eliminating gold tax to boost investment at greenback's expense

Russia’s Finance Ministry told the Izvestia newspaper it is considering complete abolition of value added tax (VAT) on gold purchases. This would give Russian savers an option of investing in gold, rather than foreign currencies. Read Full Article at RT.com
RT Business

Dump dollar for gold: Russia mulls eliminating gold tax to boost investment at greenback's expense

Russia’s Finance Ministry told the Izvestia newspaper it is considering complete abolition of value added tax (VAT) on gold purchases. This would give Russian savers an option of investing in gold, rather than foreign currencies. Read Full Article at RT.com

France makes Germany sweat before striking deal on Russia’s Nord Stream 2 gas pipeline

Paris has settled on a compromise with Berlin, allowing Germany to remain the key negotiator with Russia on the Nord Stream 2 gas pipeline to Europe. Read Full Article at RT.com
RT Business

France makes Germany sweat before striking deal on Russia’s Nord Stream 2 gas pipeline

Paris has settled on a compromise with Berlin, allowing Germany to remain the key negotiator with Russia on the Nord Stream 2 gas pipeline to Europe. Read Full Article at RT.com

Canada between rock & hard place over Huawei ban decision, as Boom Bust explains

Canada, like several other countries, is considering banning tech giant Huawei amid fears that future 5G networks could be used for spying by Chinese intelligence. Read Full Article at RT.com
RT Business

Canada between rock & hard place over Huawei ban decision, as Boom Bust explains

Canada, like several other countries, is considering banning tech giant Huawei amid fears that future 5G networks could be used for spying by Chinese intelligence. Read Full Article at RT.com

Russia considers eliminating tax on gold to reduce domestic demand for US dollar

Russia’s Finance Ministry told the Izvestia newspaper it is considering complete abolition of value added tax (VAT) on gold purchases. This would give Russian savers an option of investing in gold, rather than foreign currencies. Read Full Article at RT.com
RT Business

Russia considers eliminating tax on gold to reduce domestic demand for US dollar

Russia’s Finance Ministry told the Izvestia newspaper it is considering complete abolition of value added tax (VAT) on gold purchases. This would give Russian savers an option of investing in gold, rather than foreign currencies. Read Full Article at RT.com

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