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Greece-ing the wheels: Athens’ positive tilt back towards China proves Beijing still has it all to play for in Europe

In the face of vociferous anti-Chinese sentiment from many former Soviet nations in Europe, and pressure from the US on NATO allies to fall in line with Washington, China is still receiving a warm welcome around the Mediterranean. For the past year, China has been battling to keep its relationship with Europe alive in the […]

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US announces new deal with Moscow to boost commercial flights through Russian airspace after firms warned planes could be grounded

Russia has given the green light for American airlines to lay on flights across the world’s largest country, Washington has claimed, in a move that would likely see Moscow collect large sums in exchange for opening up the skies. On Thursday, the US State Department announced that Russia has accepted requests made by the American […]

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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. The survey, which focused on the prospects for direct investment and bilateral trade between Russia and the US, was based […]

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iPhone users ‘digital slaves’ to ‘overpriced, obsolete’ gadgets & are trapped in Apple’s grasp, says Telegram founder Durov

They might be sleek and shiny, but Apple’s flagship mobile phones just aren’t living up to their flashy label any more, Russia’s most prominent digital entrepreneur has said, blasting the US company for restricting user choice. Pavel Durov, the Russian-born businessman who founded both the Telegram messaging service and the popular VKontakte social network, turned […]

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EU, China Strike ‘In Principle’ Trade Agreement Amid Backlash From Incoming Biden Gov’t, Reports Say

Seven years of negotiations have concluded just days after Brussels and London agreed on a post-Brexit trade deal and ahead of tensions with the incoming Biden administration, according to reports. China and the European Union announced a long-awaited investment deal confirmed by Chinese president Xi Jinping and European Commission president Ursula von der Leyen, media […]

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Huawei Founder Ren Zhengfei Wishes Honor Mobile Brand Farewell Amid ‘Amicable Divorce’, US Trade War

The sale comes amid tighter restrictions from the United States in May, which blocked the Chinese tech giant’s access to software and semiconductors made with US technologies. Ren Zhengfei, founder of Huawei Technologies, said he hoped Honor would become a strong competitor in the smartphone market and even surpass his company in the future, the […]

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Mass production of first Russian electric car to start by end of year

After pandemic-related delays, Russia’s first electric car, called the Zetta, is set to enter serial production in late 2020, the country’s Industry and Trade Minister Denis Manturov has revealed. The Zetta will roll off the production line in the city of Tolyatti, one of the major centers of Russia’s automotive industry. The cars will first […]

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China, Japan and South Korea Are ‘the Big Winners’ As Major Trade Deal is Signed, Economist Explains

China is slowly reorienting its economy “away from North America” and “towards the rest of Asia” as evidenced by the newly finalised Regional Comprehensive Economic Partnership that it has signed with 15 fellow Asian countries, covering 2.3 billion people, an economic analyst tells Sputnik. The world’s largest trading block, led by China, finalised a new […]

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US left out as Asia Pacific nations strike world’s biggest trade deal

Ten members the Association of Southeast Asian Nations (ASEAN) and five other Asia-Pacific countries, including regional leader China, have inked the world’s largest free-trade pact that covers nearly a third of global economy. The long-discussed agreement, officially known as the Regional Comprehensive Economic Partnership (RCEP), was signed on the sidelines of the annual ASEAN summit […]

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China about to pull off ‘diplomatic coup’ by striking world’s largest free trade agreement

Fifteen Asia-Pacific nations including China and Japan plan to sign the world’s biggest free trade deal this weekend. The FTA will cut tariffs, strengthen supply chains with common rules of origin, and codify new e-commerce rules. The Regional Comprehensive Economic Partnership (RCEP) is expected to be announced at the Association of Southeast Asian Nations (ASEAN) […]

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Rolls-Royce junk? Legendary British firm’s credit rating cut below investment grade

Ratings agency Standard & Poor’s (S&P) has downgraded engine maker Rolls-Royce’s credit rating to junk, citing the disruption caused to global air travel from the coronavirus pandemic. The British company’s rating has been lowered to “BB” from “BBB”, (below investment grade) in response to Rolls-Royce’s worsening near-term prospects as whole fleets of planes remain grounded.

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With US economy dead since 2008, only thing left for Fed is to print trillions of dollars in debt 🎞️

The US Federal Reserve’s balance sheet could skyrocket to more than $9 trillion by the end of this year, amid massive interventions to shield the economy from the coronavirus pandemic, according to the Financial Times. RT’s Keiser Report looks at the chart, showing that in 2007 there was “barely anything” on the Fed’s balance sheet. […]

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US applauds Germany for moving in ‘right direction’ on Huawei oversight, but Berlin doesn’t actually plan to ban it

A top US State Department official has praised Germany for strengthening regulations on Chinese company Huawei. However, Berlin decided against caving into pressure and banning the company outright, reports say. A tour by Keith Krach, US undersecretary of state for economic affairs, is part of repeated attempts by the US to discourage European countries from […]

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Edward Snowden Criticizes Amazon For Hiring Former Director of US National Security Agency

In 2013, the former NSA contractor leaked a cache of top secret US intelligence documents revealing a massive surveillance campaign of Americans.  US whistleblower Edward Snowden criticized Amazon after it was reported that Keith Alexander, a former chief of the US National Security Agency (NSA), who held the post when the global surveillance scandal broke out, […]

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Russia to dominate world’s platinum & palladium production with new Arctic project

The Arctic Palladium project which involves development of several platinum-group metal deposits on Russia’s Taimyr Peninsula is nearing completion. It is expected to turn Russia into the world’s top producer of platinum metals. The platinum-group metals (PGMs) is a group of six metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum. They have similar physical and […]

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