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 […]
The majority of Germans support Nord Stream 2, a poll revealed Monday. It also showed that most dismissed Donald Trump’s negative comments on the pipeline as a tactic to promote US liquefied gas in Europe. Two thirds of respondents support the Nord Stream 2 Baltic Sea pipeline because it would help provide Germany with a […]
China cuts US investments by 92 percent this year amid escalating trade war. The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world’s two largest economies.
American aircraft giant Boeing will spend billions of dollars in the next 30 years on direct purchases in Russia. According to Kravchenko, Russian titanium will be mainly used for the production of the B777 and B787 Dreamliner. The Boeing 777 is a long-range wide-body twin-engine jet airliner. It is the world’s largest twinjet and has […]
Mexican President-elect Andres Mannuel Lopez Obrador plans to cancel a $1.36 billion order for 8 MH-60R Seahawk helicopters for the country’s Navy. The gunships, intended for use to counter the drug trade, are just too expensive, Obrador says. But are there more affordable alternatives with similar capabilities out there?
US President Donald Trump has demanded that the Organization of Petroleum Exporting Countries do more to stop the surge in global gasoline prices. “The OPEC Monopoly must remember that gas prices are up and they are doing little to help. If anything, they are driving prices higher as the United States defends many of their […]
WASHINGTON (Sputnik) – Half of Americans believe President Donald Trump’s aggressive use of tariffs threatens the country’s economic prosperity and their own personal finances, a Quinnipiac University poll revealed on Monday. “Trump’s trade policies are bad for the US economy, voters say 50 — 39 percent and bad for their personal financial situation, voters say […]
US President Donald Trump has issued another warning to the EU, threatening to slap the bloc’s automakers with 20 percent tax levies unless trade barriers placed on American corporations are lifted. The warning comes two days after US Commerce Secretary Wilbur Ross said that the White House had not made any decision on whether to […]
China can damage US economy in a full-scale trade war if it is willing to take the pain. The threat of a full-scale trade war between the US and China has dominated the news in recent weeks. The countries have exchanged import tariffs on each other’s goods, and are threatening further protective steps.
These measures will only affect products that have analogues in Russia, Minister of Economic Development of the Russian Federation, Maxim Oreshkin said. “Because the US continues to apply protective measures in the form of additional import duties on steel and aluminum and refuses to provide compensation for Russia’s losses, Russia is using its WTO rights […]
A serious breakup between the US and Canada is unlikely, Canadian journalist and political consultant John Bosnitch told Sputnik, explaining the Trump-Trudeau row and the US president’s fight against left-wing globalist clique ruling in Europe and NATO.
German carmakers may be pushed out of the United States as President Donald Trump wants to stop them from cruising through New York, according to German magazine Wirtschaftswoche. It cited several unnamed European and US diplomats claiming that Trump told his French counterpart Emmanuel Macron in April he would stick to his trade policy for […]