The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF. [...]

Central banks around the world will continue printing money as long as it’s necessary, says legendary investor Jim Rogers, calling it “madness.” He talks to RT’s Boom Bust about the state of the global economy and what could be over the horizon. Never before in world history have interest rates been so low, Rogers says. The US’ central bank, the Fed, increased its balance sheet by over 5 [...]

It sounds almost unbelievable, but a number of US citizens are deciding to cash out of the elusive ‘American dream’ as they settle down in foreign places, such as Vietnam, where many of them were once loathed as invaders. Vietnam, Laos, Cambodia. For many Americans, those names invoke powerful memories and images of unspeakable violence, and perhaps the last places on earth to consider visitin [...]

Very ‘disturbing’ documents have been submitted to the Federal Aviation Administration by Boeing on the same day the company fired its CEO Dennis Muilenburg. They contained a new batch of messages between Boeing employees on the development of the troubled 737 MAX, showing concerns about the aircraft. [...]

Russia’s Roscongress Foundation and the Qatar Investment Promotion Agency have inked a document during the Doha Forum that sets up a joint working group for coordination of investment activities and business projects. The agreement was signed on Sunday, when a Russian delegation held a panel session titled ‘Developing the High-Tech Sector in Russia: Prospects for Venture Investment’ on the s [...]

The Russian stock market has delivered the biggest returns to investors around the world this year. Global rate cuts and increased dividend payouts have been driving investor interest in Russia. The MSCI Russia Index which tracks the 23 largest Russian publicly-listed companies has surged 44 percent since the start of the year, according to Sberbank analyst Cole Akeson. [...]

€œWe Are On The Verge Of A Recession Making 2008 Look Like Nothing How will Russia's new hypersonic missile affect global arms race? Wind of change? Putin's visit to Austria may show major shift in EU-Russia relations How will Russia's new hypersonic missile affect global arms race? /* */ /* */ /* */ [...]

Forecasting the imminent demise of European banks, an expert talks RT’s Keiser Report through last week’s repo market meltdown and what it may indicate. “The treasuries that settled last week didn’t go well on the funding market – the Fed had to step in and do a $75 billion repo facility on an overnight basis for these treasury securities,” [...]

Japanese national broadcaster NHK has calculated the potential economic loss to the country from suicides at more than $4 billion a year. The calculation is based on 23,000 suicide victims in 2015, aged from 15 to 69 years, and had they lived and worked until their 70s. [...]

Several major world economies, including Russia and China, have recently been discussing ways to abandon the dollar in bilateral transactions. Notably, Russian President Vladimir Putin has accused the US of using the status of its currency as a tool of pressure against other states and said that it undermines global trust in the dollar. [...]

Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. [...]

A special trade channel that will allow European firms to bypass American sanctions on Iran is operational - that was the outcome of the meeting between the countries who signed the nuclear deal ditched by US. [...]

The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]

Despite the trade war against China and numerous import tariffs imposed on a number of countries, the US trade deficit hit a 10-year high of $621 billion last year, the US Commerce Department reported. [...]

The US has underestimated the consequences of the attack on Chinese telecom giant Huawei as it sends a strong signal for the rest of the world to avoid dealing with such an unstable partner, professor Richard Wolff believes. [...]

As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there’s another reality that is setting in — that China seems happy to walk away from trade talks. [...]

The Trump administration wants to redefine the poverty level, which would kick hundreds of thousands with marginal incomes off welfare, while simultaneously reducing poverty rates in America. [...]

All things considered, politically and economically, the US economy isn't doing as well as mainstream media would like Americans to think, and it couldn't be clearer when reviewing the US Labor Department's latest report on unemployment, Dr. Richard Wolff, economist and professor at the New School University, tells Sputnik. [...]

KOMO's Eric Johnson explores the impact the drug and homelessness problem is having on the city and possible solutions in this documentary titled, "Seattle is Dying." "Let me ask you something. What if Seattle is dying and we don't even know it?" Johnson asks in the introduction. "This story is about a wave of seething anger that is now boiling over into outrage. [...]

Last week, US trade authorities published a preliminary list of EU products which could face additional duties in retaliation to EU subsidies to Airbus. The EU, in turn, stated on Tuesday that it will release on Wednesday a list of products that might face new duties over US state subsidies to aircraft manufacturing giant Boeing. [...]

Low interest rates allowed companies to borrow money at no cost. But instead of increasing productivity, the financing was used to drive up the cost of shares, setting the stage for imminent collapse, Prof. Richard Wolff told RT. [...]

With the US economy having only created 20,000 new jobs in February, compared to the expected 180,000 jobs, US and global economic growth are continuing to slow down due to tensions in international trade between major economies, financial policy analyst Daniel Sankey told Sputnik Tuesday. [...]