Russia's 1-year ban on food products from the EU, US, Canada, and Norway will force Russia to increase food imports from Latin America, specifically Ecuador, Brazil, Chile, and Argentina. Russia will ban meat, dairy, fruit, and vegetable imports from countries that have imposed sanctions on Russia over the Ukraine conflict, which opens the door to Russia’s partners on the other side of the wo [...]

Russian PM Dmitry Medvedev has signed a decree on the full ban for imports of beef, pork, poultry meat, fish, cheese, milk, vegetables and fruit from Australia, Canada, the EU, the US and Norway. The ban will last a year, starting August 7. The Prime Minister also said Russia has stopped transit flights by Ukrainian airlines to such destinations as Georgia, Azerbaijan, Armenia and Turkey, addin [...]

Moscow and Tehran have signed far-reaching deals, from energy to consumer goods, which are expected to undermine Western-led sanctions against the two countries. Russia’s Energy Minister Aleksandr Novak met with Iran’s Oil Minister Bijan Namdar Zanganeh and signed a five year memorandum of understanding between the two governments, Russia’s Energy Ministry announced in a statement release [...]

Millions of cubic meters of water, sand and chemicals, which were released into the waterways of British Columbia, Canada, from a breached mine tailings pond have led to a total water ban for residents in the area of the incident. Some 10 million cubic meters of water and 4.5 million cubic meters of fine sand from the tailings pond of the Mount Polley copper and gold mine spilled over into lake [...]

The World Trade Organization got a surprise setback on Thursday when India, pushing for concessions on agricultural stockpiling, vetoed plans for universal customs rules. The deal could have added $1 trillion and 21 million jobs to the world economy. The July 31 deadline on the first proposal for major global economic reform in two decades - a series of customs procedures known as "trade facili [...]

After a short video clip went viral last month of American astrophysicist Neil deGrasse Tyson defending GMO foods, the scientist took to his Facebook page to publish a statement speaking further on the subject. As RT reported last month, Tyson was caught on camera recently saying that critics of GMOs, or genetically-modified organisms, should “chill out.” [...]

Peter Schiff says two catalysts this week could send gold prices higher. Despite the constant drumbeat of geopolitical turmoil, gold, which investors often buy in times of uncertainty, has fallen 6 percent from its March highs. But even with the sell-off, bullion's biggest gold bug isn't throwing in the towel anytime soon. [...]

Obama's State Department bears a heavy responsibility for promoting a civil war in Ukraine. The belief that calling for and instituting sanctions against Russia is a sound policy, illustrates the economic disconnect of the Obama administration. With the fervor for starting a new cold war, the propaganda machine is working overtime to paint a picture that ignores real economic synergism. Note th [...]

A 6 year-old boy from Florida born with right arm deficiency has received a prosthetic arm. Now climbing a tree and catching a ball will become easier for him. Students from Florida University made it on a 3D printer for just $350 in just 8 weeks. [...]

Russian-made firearms are reportedly flying off the shelves of American gun stores after the United States Treasury Department announced sanctions last week against the maker of the popular AK-47 rifle. Kalashnikov Concern, the company responsible for the eponymous gas-operated 7.62 caliber assault rifle known largely around the world as the AK-47, is among the latest Russian-owned entities to [...]

An increasing number of businesses are opting out of staying virtually connected and are reverting back to old technologies to avoid being spied on. The move has led to a surge in typewriter sales in Germany. German typewriter makers such as Bandermann and Olympia have cited climbing sales amid NSA spying revelations. [...]

Closing arguments ended and a jury began deliberating in former Minnesota Gov. Jesse Ventura's defamation lawsuit against the estate of "American Sniper" author Chris Kyle. Both men were US Navy SEALs. [...]

France will go ahead with the delivery of the first of two Mistral warships to Russia despite protests by the US and UK, prompted by Moscow's stance in the Ukrainian crisis. The ship is nearly completed and will be presented in October. French President Francois Hollande said the plan to deliver the two Mistral helicopter carriers was made in Paris and will go forward despite calls from the US [...]

Stalled progress towards EU membership has shifted Turkey's economic interest, and it is now looking for closer cooperation with Russia's Customs Union, Economic Development Minister Aleksey Ulyukayev said. Ulyukayev discussed the plan with Turkish Economy Minister Nihat Zeybekci at the G20 trade ministers meeting in Sydney, Australia, over the weekend. [...]

• 295 people on board plane that crashed in eastern Ukraine • Bodies and wreckage found near town of Grabovo • US officials say surface-to-air missile caused crash • Ukrainian, Russian and rebel leaders deny involvement. A Malaysian Airlines plane en route from Amsterdam to Malaysia has crashed in eastern Ukraine. There were 285 people and 15 crew members on board the Boeing-777 aircraft. [...]

A Malaysian Airlines' Boeing-777 has crashed over Ukraine, close to the border with Russia. The head of the Ministry of Internal Affairs of Ukraine Anton Geraschenko said the plane carrying 285 passengers and 15 crew members fell. [...]

Microsoft will cut a record 18,000 jobs next year, as the company's new CEO Satya Nadella seeks to boost efficiency, according to a company memo on Thursday. “The first step to building the right organization for our ambitions is to realign our workforce. [...]

President Barack Obama delivered a statement on the crisis in Ukraine Wednesday, announcing that the U.S. would impose new sanctions against Russia. Obama said the U.S. would level "significant but targeted" sanctions due to Russia's failure to deescalate in Ukraine.   [...]

Soaring house prices and persistently high levels of household debt could drive Britain's economy back into recession, the Bank of England's governor has warned. Challenged by Treasury select committee MPs on the subject of Britain’s financial stability, Mark Carney admitted the threat of a UK property bubble posed the most substantial risk to the state’s economic recovery. [...]

America’s public debt will rise to 106 percent of GDP in the next 25 years, a level seen just once in US history - just after World War II, the US Congressional Budget Office (CBO) warned. US debt has skyrocketed to over $17 trillion, and is now about 74 percent of total gross domestic product, the CBO said on Tuesday. [...]

Air travel in the US is set to become more expensive beginning next week - but airline profits and jet fuel costs aren't to blame this time. Instead, the price hike will come as a result of a TSA fee increase. The Transportation Security Administration’s fee – known as the ‘Civil Aviation Security’ or the ‘9/11 Security’ fee – helps fund the agency. [...]

One hundred French celebrities have launched a campaign against the upcoming TAFTA deal between the US and Europe. The protesters say the new treaty will lower economic standards and bring a large influx of GMO products from the US. The petition dubbed: “Everyone against TAFTA” started on June 10 and has gathered over 5,500 signatures so far. [...]