The tax and trade policies of Donald Trump are, in fact, what have contributed to the surge in oil prices, a US economics professor told RT, adding that the US President’s tough words to OPEC are a political stunt. On Thursday, Trump accused OPEC’s Middle East producers of “pushing for higher and higher oil prices” […]
Weeks of negotiations with the Trump administration have ended with carmaker Volkswagen (VW) agreeing to cease most of its operations in Iran, said US Ambassador to Germany Richard Grenell, as cited by Bloomberg. “Volkswagen has told us they will comply with US sanctions on Iran,” said Grenell, adding: “We are pleased with this decision because […]
New Delhi wants to encourage Russian investments and has invited the country’s companies to explore business opportunities and strengthen bilateral economic ties, Commerce and Industry Minister Suresh Prabhu has said.
Volkswagen-owned premium brand Audi has unveiled the E-Tron, a battery-powered crossover, which is just about to hit dealerships, making the market of electric vehicles rather more choiceful for eco-friendly enthusiasts. E-tron, Audi’s first electric sport-utility vehicle (SUV), debuted in San Francisco on Monday night.
In an unprecedented traverse of Russia’s Northern Sea Route, a heavy 3,600-container ship is taking advantage of rising summer temperatures and melting ice in the polar regions of the Arctic Ocean to cut two weeks off its delivery time from South Korea to St. Petersburg, Russia.
An Austrian court has sided with Russia’s state-backed vodka maker in the battle over the Stolichnaya and Moskovskaya brands, ordering the Dutch-based Spirits International B.V to pay compensation for using them illegally. Stolichnaya vodka has long been one of the world’s most recognizable brands associated with Russia.
US Wheat Associates (USW) has announced the closing of its Moscow office on October 1 due to lack of demand for American wheat in Russia. Since 2016, Russia has been the global leader in grain exports. “With much more public information available about Russia’s wheat supply, we believe it is time to end our mission […]
BERLIN (Sputnik) – The German business community has urged the German government to strengthen its cooperation with the Eurasian Economic Union (EAEU) as a means to respond to the threat of protectionism stemming from the United States, head of the German Eastern Business Association said.
Lockheed Martin’s social media appeal to send them the best photos of its products went horribly awry, as unimpressed Twitterati responded with gruesome images of the horrors of war. The world’s largest defense contractor and one of the top defense manufacturers posted a tweet last week, asking Twitter users to send them an “amazing photo” […]
In August, China has marked the 10th anniversary of its high-speed railway endeavors. Speaking to Sputnik, Tom McGregor, a Beijing-based CCTV commentator and editor, explained how the country’s bullet trains are bringing the nation together and facilitating China’s economic growth regardless of the US tariff spree.
Ankara has given a green light to Moscow’s proposal to switch to ruble-lira trade between the countries. Turkey also has similar plans for trade with China and other countries. “We are discussing the transition to national currencies not only with Russia and China, but also with other countries. It is not just Turkey’s request.
A Californian court has found chemical giant Monsanto’s weedkiller caused a 46-year-old man’s terminal cancer and ordered the company to pay almost US$290 million in compensation, in a landmark ruling which could open the door to thousands of similar cases being brought the world over. For the company’s critics, the news is a long-time coming.
RT’s Boom Bust show presents the second part of a special project that looks into the quality of the US infrastructure. Even President Trump admitted that, when it comes to airports, the US is like a Third World country. Infrastructure is one of the major issues in the US as it affects the lives of […]
Industrial representatives say the tariffs would harm the US itself. Germany’s Federation of Industries (BDI) has warned that tariffs imposed by Washington on the EU risk harming the US itself. On June 1, the US imposed tariffs on steel and aluminum imported from the EU, and now the White House is currently threatening to extend the tariffs to cars and car parts as well. […]
Instead of hitting Russia’s energy sector, Washington’s sanctions imposed on Moscow since 2014 have finally backfired on major US oil and gas companies, depriving them of lucrative opportunities and forcing them out of Russia. While Russia is boosting oil output following a decision by OPEC and non-OPEC producers to ease extraction cuts, US petroleum companies are reaping the bitter […]