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Crude oil slides to year lows on oversupply fears despite agreed cuts

Oil prices dropped more than 3 percent on Tuesday with main crude benchmarks, Brent and WTI, trading at the lowest levels in more than a year. Forecasts of record US shale oil output triggered worries about global oversupply. Read Full Article at RT.com
RT Business

Crude oil slides to year lows on oversupply fears despite agreed cuts

Oil prices dropped more than 3 percent on Tuesday with main crude benchmarks, Brent and WTI, trading at the lowest levels in more than a year. Forecasts of record US shale oil output triggered worries about global oversupply. Read Full Article at RT.com

Life after OPEC: Qatar to invest $20 billion into US energy in major expansion

After Qatar recently announced its intention to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), its state-run oil giant has pledged hefty investments in the US energy sector. Read Full Article at RT.com
RT Business

Life after OPEC: Qatar to invest $20 billion into US energy in major expansion

After Qatar recently announced its intention to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), its state-run oil giant has pledged hefty investments in the US energy sector. Read Full Article at RT.com

Davos U-turn: World Economic Forum welcomes all Russian businessmen after boycott threat

The World Economic Forum (WEF) has backtracked on its decision to bar three Russian businessmen from next year’s meeting in Davos. The turnabout comes after Moscow threatened to boycott the year's biggest business event. Read Full Article at RT.com
RT Business

Davos U-turn: World Economic Forum welcomes all Russian businessmen after boycott threat

The World Economic Forum (WEF) has backtracked on its decision to bar three Russian businessmen from next year’s meeting in Davos. The turnabout comes after Moscow threatened to boycott the year's biggest business event. Read Full Article at RT.com

China to mark economic miracle that pulled 700 million people out of poverty

China has pledged more economic reforms to push growth higher and help offset any impact from the US trade conflict. It comes as the world’s second-largest economy marks the 40th anniversary of “reform and opening up” this week. Read Full Article at RT.
RT Business

China to mark economic miracle that pulled 700 million people out of poverty

China has pledged more economic reforms to push growth higher and help offset any impact from the US trade conflict. It comes as the world’s second-largest economy marks the 40th anniversary of “reform and opening up” this week. Read Full Article at RT.com

Hit the road Jaсques! Yellow Vests blamed for millions in damage to French highways

French road operator VINCI Autoroutes says it has become the latest victim of the nationwide Yellow Vest protests. It claims weeks of rallies and attacks on highways and facilities resulted in tens of millions of euros in damages. Read Full Article at RT.com
RT Business

Hit the road Jaсques! Yellow Vests blamed for millions in damage to French highways

French road operator VINCI Autoroutes says it has become the latest victim of the nationwide Yellow Vest protests. It claims weeks of rallies and attacks on highways and facilities resulted in tens of millions of euros in damages. Read Full Article at RT.com

Forget sanctions? France wants to participate in jetliner project with Russia & China

French firms are planning to take part in a Russian-Chinese project to build a wide-body long-haul passenger airplane, according to Bertrand de Lacombe, Director of International Cooperation at French Civil Aviation Authority. Read Full Article at RT.com
RT Business

Forget sanctions? France wants to participate in jetliner project with Russia & China

French firms are planning to take part in a Russian-Chinese project to build a wide-body long-haul passenger airplane, according to Bertrand de Lacombe, Director of International Cooperation at French Civil Aviation Authority. Read Full Article at RT.com

The US oil industry’s dirty little secret

The oil industry engaged in a secret public relations campaign to undermine US fuel economy standards, according to a new investigation from the New York Times. Read Full Article at RT.com
RT Business

The US oil industry’s dirty little secret

The oil industry engaged in a secret public relations campaign to undermine US fuel economy standards, according to a new investigation from the New York Times. Read Full Article at RT.com

What would the end of OPEC mean?

The Organization of the Petroleum Exporting Countries - the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years - is now in deep crisis. Read Full Article at RT.com
RT Business

What would the end of OPEC mean?

The Organization of the Petroleum Exporting Countries - the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years - is now in deep crisis. Read Full Article at RT.com

Russia may participate in construction of Trans-African railway

Moscow is ready to take part in the ambitious project of constructing a cross-continental railway line which will connect East and West Africa. That’s according to the Russia-Sudan intergovernmental commission. Read Full Article at RT.com
RT Business

Russia may participate in construction of Trans-African railway

Moscow is ready to take part in the ambitious project of constructing a cross-continental railway line which will connect East and West Africa. That’s according to the Russia-Sudan intergovernmental commission. Read Full Article at RT.com

Global debt hits all-time high of $184,000,000,000,000

The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt. Read Full Article at RT.com
RT Business

Global debt hits all-time high of $184,000,000,000,000

The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt. Read Full Article at RT.com

Iran loses market share in India as its oil exports slump in November

India’s oil imports from Iran dropped to a one-year-low in November, plunging by 41 percent from October due to the US sanctions, Reuters reported on Thursday, citing industry sources and ship-tracking data. Read Full Article at RT.com
RT Business

Iran loses market share in India as its oil exports slump in November

India’s oil imports from Iran dropped to a one-year-low in November, plunging by 41 percent from October due to the US sanctions, Reuters reported on Thursday, citing industry sources and ship-tracking data. Read Full Article at RT.com

'I'm not interested': Anthony Joshua snubs Tyson Fury as he chases Deontay Wilder clash

British world heavyweight champion Anthony Joshua has laid his cards on the table, saying he doesn't want to face Tyson Fury, because he doesn't offer the opportunity to earn another title. Read Full Article at RT.com
RT Business

'I'm not interested': Anthony Joshua snubs Tyson Fury as he chases Deontay Wilder clash

British world heavyweight champion Anthony Joshua has laid his cards on the table, saying he doesn't want to face Tyson Fury, because he doesn't offer the opportunity to earn another title. Read Full Article at RT.com

Cost of independence: Ukraine pays record high price for ‘European’ gas

Prices for gas imported by Ukraine from European countries hit a record high in November, according to data published by the country’s State Fiscal Service. The gas is most likely Russian in origin resold to Kiev at a premium. Read Full Article at RT.com
RT Business

Cost of independence: Ukraine pays record high price for ‘European’ gas

Prices for gas imported by Ukraine from European countries hit a record high in November, according to data published by the country’s State Fiscal Service. The gas is most likely Russian in origin resold to Kiev at a premium. Read Full Article at RT.com

China plucks Canada Goose caught in crossfire of Huawei arrest

Canada Goose stock saw a dramatic plunge after Chinese social media reportedly urged the country’s consumers to boycott the world-famous brand amid the recent detention of Huawei finance chief by Canadian authorities. Read Full Article at RT.com
RT Business

China plucks Canada Goose caught in crossfire of Huawei arrest

Canada Goose stock saw a dramatic plunge after Chinese social media reportedly urged the country’s consumers to boycott the world-famous brand amid the recent detention of Huawei finance chief by Canadian authorities. Read Full Article at RT.com

US lawmakers want to put a cork in Russia's gas pipeline to Europe

The US House of Representatives is once again calling on the European Union to ban the Russia-led construction of the Nord Stream 2 natural gas pipeline and has called for sanctions against the project. Read Full Article at RT.com
RT Business

US lawmakers want to put a cork in Russia's gas pipeline to Europe

The US House of Representatives is once again calling on the European Union to ban the Russia-led construction of the Nord Stream 2 natural gas pipeline and has called for sanctions against the project. Read Full Article at RT.com

Red gold: Afghanistan’s booming & blooming saffron may become alternative to opium poppy trade

Afghan authorities want to provide farmers with an alternative means of income, other than growing opium, by turning to the world’s most expensive spice. Read Full Article at RT.com
RT Business

Red gold: Afghanistan’s booming & blooming saffron may become alternative to opium poppy trade

Afghan authorities want to provide farmers with an alternative means of income, other than growing opium, by turning to the world’s most expensive spice. Read Full Article at RT.com

Arctic mega bridge opens to traffic in Norway… thanks to China (PHOTO, VIDEO)

Norway has officially opened the longest suspension bridge above the Arctic Circle. The 1.5 kilometer span was built in cooperation with a Chinese company. Read Full Article at RT.com
RT Business

Arctic mega bridge opens to traffic in Norway… thanks to China (PHOTO, VIDEO)

Norway has officially opened the longest suspension bridge above the Arctic Circle. The 1.5 kilometer span was built in cooperation with a Chinese company. Read Full Article at RT.com

Russia’s largest LNG project kicks into high gear

Independent Russian gas producer Novatek announced the launch of the third train of its Yamal LNG (liquefied natural gas) Arctic project. Built in record time and on budget, the plant has now reached full capacity, the firm says. Read Full Article at RT.com
RT Business

Russia’s largest LNG project kicks into high gear

Independent Russian gas producer Novatek announced the launch of the third train of its Yamal LNG (liquefied natural gas) Arctic project. Built in record time and on budget, the plant has now reached full capacity, the firm says. Read Full Article at RT.com

Former Fed chair warns of ‘gigantic holes in the system’ & new financial meltdown risk

Janet Yellen, former US Federal Reserve chair, has warned that another financial crisis could be in the country’s future, due to ballooning corporate debt and regulatory impotence. Read Full Article at RT.com
RT Business

Former Fed chair warns of ‘gigantic holes in the system’ & new financial meltdown risk

Janet Yellen, former US Federal Reserve chair, has warned that another financial crisis could be in the country’s future, due to ballooning corporate debt and regulatory impotence. Read Full Article at RT.com

Yellow peril? National protests may halve France's economic growth forecast

The Bank of France slashed in half its assessment of the national growth in the final quarter, saying that chaotic French protests are to blame for hampering business activity. Read Full Article at RT.com
RT Business

Yellow peril? National protests may halve France's economic growth forecast

The Bank of France slashed in half its assessment of the national growth in the final quarter, saying that chaotic French protests are to blame for hampering business activity. Read Full Article at RT.com

Are French protests just about fuel tax hikes? RT’s Boom Bust finds out

As France reels from the chaos of the massive Yellow Vest protests, RT’s Boom Bust looks at the core of people’s discontent – and fuel tax hikes are just a tip of the iceberg. Read Full Article at RT.com
RT Business

Are French protests just about fuel tax hikes? RT’s Boom Bust finds out

As France reels from the chaos of the massive Yellow Vest protests, RT’s Boom Bust looks at the core of people’s discontent – and fuel tax hikes are just a tip of the iceberg. Read Full Article at RT.com

Pedal to the yellow metal: Russia boosts year-on-year gold output by 3%

Russia’s gold production increased by three percent from January through September against the same period a year ago, according to the Gold Industrialists' Union. Read Full Article at RT.com
RT Business

Pedal to the yellow metal: Russia boosts year-on-year gold output by 3%

Russia’s gold production increased by three percent from January through September against the same period a year ago, according to the Gold Industrialists' Union. Read Full Article at RT.com

Inflation in Venezuela hits 1,300,000%, opposition-led Congress claims

Venezuela’s National Assembly, an opposition-controlled legislative body, said annual inflation has reached 1,300,000 percent in November as the country struggles through its worst economic crisis ever. Read Full Article at RT.com
RT Business

Inflation in Venezuela hits 1,300,000%, opposition-led Congress claims

Venezuela’s National Assembly, an opposition-controlled legislative body, said annual inflation has reached 1,300,000 percent in November as the country struggles through its worst economic crisis ever. Read Full Article at RT.com

Japan may be taking sides with US in trade war against China, halts purchases of Huawei & ZTE tech

Tokyo has announced plans to halt government purchases of Huawei and ZTE network equipment, citing security issues. The claims come amid a brewing diplomatic row over the Huawei CEO detained by Canada at Washington’s request. Read Full Article at RT.com
RT Business

Japan may be taking sides with US in trade war against China, halts purchases of Huawei & ZTE tech

Tokyo has announced plans to halt government purchases of Huawei and ZTE network equipment, citing security issues. The claims come amid a brewing diplomatic row over the Huawei CEO detained by Canada at Washington’s request. Read Full Article at RT.com

Russia beats out China in top 3 emerging economies list

Despite years of EU and US sanctions, Russia has secured second place in the Bloomberg rating of emerging economies, behind Malaysia and just ahead of China. Read Full Article at RT.com
RT Business

Russia beats out China in top 3 emerging economies list

Despite years of EU and US sanctions, Russia has secured second place in the Bloomberg rating of emerging economies, behind Malaysia and just ahead of China. Read Full Article at RT.com

Large silver deposit discovered in central China

One of the world’s largest silver producing countries, China, has announced the discovery of a huge deposit with estimated reserves of at least 1,500 tons. Read Full Article at RT.com
RT Business

Large silver deposit discovered in central China

One of the world’s largest silver producing countries, China, has announced the discovery of a huge deposit with estimated reserves of at least 1,500 tons. Read Full Article at RT.com

Australia borrows crown from Qatar as world's top LNG exporter

In November, Australia became the biggest exporter of liquefied natural gas (LNG), overtaking the small Arab nation of Qatar, that has over recent years been the world's top producer, the latest data from Refinitiv Eikon shows. Read Full Article at RT.com
RT Business

Australia borrows crown from Qatar as world's top LNG exporter

In November, Australia became the biggest exporter of liquefied natural gas (LNG), overtaking the small Arab nation of Qatar, that has over recent years been the world's top producer, the latest data from Refinitiv Eikon shows. Read Full Article at RT.com

EU will soon establish alternative payment channel allowing Iran to bypass US sanctions – Mogherini

Brussels will create an alternative payment channel to facilitate financial transactions between the European Union and Iran in the near future to bypass US sanctions, the EU’s top diplomat, Federica Mogherini, has announced. Read Full Article at RT.com
RT Business

EU will soon establish alternative payment channel allowing Iran to bypass US sanctions – Mogherini

Brussels will create an alternative payment channel to facilitate financial transactions between the European Union and Iran in the near future to bypass US sanctions, the EU’s top diplomat, Federica Mogherini, has announced. Read Full Article at RT.com

Bye-bye dollar: India & UAE agree to trade in local currencies

New Delhi and Abu Dhabi have inked a currency swap agreement to boost trade and investment without involvement of a third currency like the US dollar. Read Full Article at RT.com
RT Business

Bye-bye dollar: India & UAE agree to trade in local currencies

New Delhi and Abu Dhabi have inked a currency swap agreement to boost trade and investment without involvement of a third currency like the US dollar. Read Full Article at RT.com

France is the new tax hell in Europe and beyond

While the dust has not yet settled in the streets of Paris, after sweeping protests against fuel tax hikes, it just so happens that France has taken the crown from Denmark as the most taxed country in 2017, the OECD found. Read Full Article at RT.com
RT Business

France is the new tax hell in Europe and beyond

While the dust has not yet settled in the streets of Paris, after sweeping protests against fuel tax hikes, it just so happens that France has taken the crown from Denmark as the most taxed country in 2017, the OECD found. Read Full Article at RT.com

Chinese debt market to see $80bn inflow in 2019 – Morgan Stanley

Foreign demand, from both active and passive managers, for Chinese government bonds should help fund the country’s present account deficit next year and stablilize the yuan, according to Morgan Stanley analysts. Read Full Article at RT.com
RT Business

Chinese debt market to see $80bn inflow in 2019 – Morgan Stanley

Foreign demand, from both active and passive managers, for Chinese government bonds should help fund the country’s present account deficit next year and stablilize the yuan, according to Morgan Stanley analysts. Read Full Article at RT.com

Gazprom kicks major Arctic gas field into maximum overdrive

Russian gas major Gazprom has launched the final unit of a major national gas field in the Arctic that is projected to produce for more than 100 years. Read Full Article at RT.com
RT Business

Gazprom kicks major Arctic gas field into maximum overdrive

Russian gas major Gazprom has launched the final unit of a major national gas field in the Arctic that is projected to produce for more than 100 years. Read Full Article at RT.com

Scientists succeed in melting gold at room temperature

A team of researchers, including from Chalmers University of Technology in Sweden, has made a scientific breakthrough making the surface of gold melt at room temperature under a transmission electron microscope. Read Full Article at RT.com
RT Business

Scientists succeed in melting gold at room temperature

A team of researchers, including from Chalmers University of Technology in Sweden, has made a scientific breakthrough making the surface of gold melt at room temperature under a transmission electron microscope. Read Full Article at RT.com

‘Quite realistic’: Putin doesn’t rule out extending Turkish Stream pipeline into Greece

Russia is ready to cooperate with Athens in the energy sector, President Vladimir Putin has said, not ruling out the prospect of extending the Turkish Stream gas pipeline into Greece. Read Full Article at RT.com
RT Business

‘Quite realistic’: Putin doesn’t rule out extending Turkish Stream pipeline into Greece

Russia is ready to cooperate with Athens in the energy sector, President Vladimir Putin has said, not ruling out the prospect of extending the Turkish Stream gas pipeline into Greece. Read Full Article at RT.com

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