Commercial

Russian companies “de-dollarize” and switch to yuan, other Asian currencies
Russia will start settling more contracts in Asian currencies, especially the yuan, in order to lessen its dependence on the dollar market, and because of Western-led sanctions that could freeze funds at any moment. [...]
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Germany gives Verizon the boot over NSA spying scandal
Citing concerns over the NSA's wiretapping of Chancellor Angela Merkel and other top officials' phones, the German Interior Ministry announced Thursday that it will not renew its contract with Verizon to provide service for government ministries. As part of an effort to revamp its secure communications networks, the country will instead rely on Germany's Deutsche Telekom, Reuters reported. [...]
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Austria and Russia sign South Stream gas pipeline treaty
Russia and Austria have agreed on a joint company to construct the Austrian arm of the $45 billion South Stream gas pipeline project, which is expected to deliver 32 billion cubic meters of Russian gas to the country, bypassing Ukraine. [...]
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Gas transit pipeline explodes in E. Ukraine
An explosion has struck a pipeline in the central Ukrainian Poltava region. Witnesses say flames from the blast are up to 200 meter high. “The explosion occurred at about 14:45 local time in a field,” the local police press-service said in a statement. Due to the “flame and the high temperatures,” it was “impossible to get closer to the epicenter.” [...]
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Gazprom puts Ukraine on gas prepayment plan after “€˜chronic”€™ failure to pay debt
After failing to pay its gas bill, Ukraine now has to pay in advance for any natural gas from Russia, Gazprom said on Monday. Both companies have filed lawsuits against each other at the Stockholm Arbitration Court. “This decision was taken due to systematic failure of Naftogaz Ukraine to pay. [...]
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Russia and Ukraine fail to reach gas deal ahead of cut-off deadline
Russia and Ukraine failed to resolve a gas pricing dispute during Sunday talks in Kiev. Gazprom says its demands have not changed and Kiev is expected to pay its debt of $1.95 billion by 06:00 GMT on Monday, otherwise the gas supply will be stopped. Gazprom’s position remained unchanged after EU-brokered negotiations finally ended around 2:30 a.m. Moscow time (10:30 p.m. GMT) on Monday [...]
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€˜”No more delays”€™: Gazprom CEO sets hard deadline for Ukraine gas payment
Gazprom will not postpone Ukraine’s gas payment deadline set for Monday, CEO Aleksey Miller said. If Kiev fails to pay and therefore causes gas transit problems to Europe, Russia will pump more through the Nord Stream and Yamal-Europe pipelines. [...]
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€‹Flaming water wells? High methane levels in Texas water linked to fracking
Testing of methane concentration in water of Parker County, Texas indicates a link between the dangerously high levels of natural gas in local water supply and hydraulic fracturing, or fracking, operations in the gas-rich Barnett Shale, scientists say. [...]
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Facecrook: NSA storing your facial web images, millions intercepted daily
The National Security Agency is collecting millions of images of people through its international surveillance network to be implemented in a number of other facial recognition programs, according to documents leaked by Edward Snowden. [...]
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“€‹Bilderberg actually talks nukes, euro nationalism and” Barack Obama -€“ leak
The officially released agenda of the prestigious Bilderberg club meeting is not true, claims RT show host Daniel Estulin, a longtime watcher of the "secret world govt"€™ group. He says he obtained the real agenda for this year'€™s gathering in Copenhagen. [...]
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Eastern energy pivot threatens the US dollar
The "€œPower of Siberia"€ is much more than a 30 year Sino-Russian gas/pipeline deal. Paying for the process accelerates the vogue to reduce dollar pricing. That, not the energy supply, will become the most acute threat to US economic hegemony. [...]
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Europe doesn’€™t want Russian sanctions -€“ St. Pete forum delegates to RT
While this year'€™s Int Economic Forum in St Petersburg saw fewer foreign guests due to sanctions tension, those who chose to leave politics aside told RT imposing economic restrictions on Moscow would mean "€œcutting the trees"€ they are "€œsitting on." [...]
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China to become Russia’s biggest gas consumer if western route developed
China could replace Germany as Russia's biggest gas consumer, if Moscow and Beijing agree to add a route from Russia'€™s Western Siberia to the one already agreed under a $400 billion contract, President Putin said at a meeting with media in St. Petersburg. [...]
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“Not another broken promise!”€™ Activists across globe demand Guantanamo closure
Activists around the world will join the Gitmo Global Day of Action, demanding the prison be closed and an end to the indefinite detention of its inmates. They say President Obama hasn't fulfilled his promises as hunger strikes and force-feeding continue. [...]
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Ukraine dangerously interfering with press freedom -€“ Human Rights Watch
Human Rights Watch (HRW) says Ukraine's military and security services are "€œdangerously interfering with press freedom"€ by detaining journalists working with Russian news agencies and denying others entry into the country. [...]
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€‹Russia and China seal historic $400bn gas deal
After 10 years of negotiations, Russia's Gazprom and China's CNPC have finally signed a historic gas deal which will provide the world's fastest growing economy with the natural gas it needs to keep pace for the next 30 years. The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller said. However, the price of gas stipulated in the document remains a "commercial secret." [...]
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Shale gas and politics: Are Western energy giants€™ interests behind Ukraine violence?
Economic interests, such as untapped shale gas resources, already sliced and diced by Western energy giants, are behind the Kiev government'€™s "€˜anti-terrorist" operation against the pro-federalist regions, foreign policy expert Nebojsa Malic tells RT. [...]
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Son of US VP Joe Biden appointed to board of major Ukrainian gas company
Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine'€™s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev. [...]
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Breaking: Fukushima Employee Files Lawsuit over Radiation Exposure
A worker at Fukushima filed a historic lawsuit over radiation exposure, saying TEPCO exposed him to dangerous levels of radiation without his knowledge. Shinichi is asking TEPCO for 11 million yen in compensation for the company’s negligence. That translates to only about $110,000 in US dollars – a small price for a big company to pay after exposing millions of people, animals, soil, and water [...]
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France refuses to block Mistral warship deal with Russia
The French government has said that it will go ahead with 1.2 billion euro ($1.6 billion) contract to supply Russia with two Mistral helicopter carriers because cancelling the deal would harm Paris more than Moscow. In the wake of the crisis in Ukraine, the United States had been pressing France as well as Britain and Germany to take a tougher line against Russia and cancel the Mistral contract. [...]
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Hungary Destroys All Monsanto GMO Corn Fields
Hungary has taken a bold stand against biotech giant Monsanto and genetic modification by destroying 1000 acres of maize found to have been grown with genetically modified seeds, according to Hungary deputy state secretary of the Ministry of Rural Development Lajos Bognar. Unlike many European Union countries, Hungary is a nation where genetically modified (GM) seeds are banned. In a similar stanc [...]
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Fracking’€™s unexpected side-effect: Traffic deaths on the rise
Fracking requires twice or three times as many truck trips per well as older oil and gas extraction techniques. That could be reason for drilling areas in US witnessing a significant spike in traffic fatalities, new analysis suggests. [...]
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