"Credit Suisse is just the latest bank warning of structural collapse as the orchestrated financial slide continues. The Biden administration is saying it's not a bailout but what would you call it when the government steps in to pay off deposits? And why didn't the government save FTX depositors?
BAILOUT Reveals RIGGED System Against Small Businesses
Yellen WARNS Again! The U.s. Is In Econo [...]
President Joe Biden has said the US will do "whatever is needed" to shore up the banking system. This comes after two American banks collapsed in less than 48 hours. Is the US under threat of another major financial crisis? Palki Sharma tells you more. Sports presenter Gary Lineker will be back on air after the BBC pulled him last week for criticizing the country's new migration law. What is the c [...]
In the face of vociferous anti-Chinese sentiment from many former Soviet nations in Europe, and pressure from the US on NATO allies to fall in line with Washington, China is still receiving a warm welcome around the Mediterranean.
For the past year, China has been battling to keep its relationship with Europe alive in the midst of growing pressures from multiple directions. It has one core st [...]
Ratings agency Standard & Poor’s (S&P) has downgraded engine maker Rolls-Royce’s credit rating to junk, citing the disruption caused to global air travel from the coronavirus pandemic.
The British company’s rating has been lowered to “BB” from “BBB”, (below investment grade) in response to Rolls-Royce’s worsening near-term prospects as whole fleets of planes remain gro [...]
In 2014, shale drillers were pushed to the brink of oblivion by low oil prices, and today with prices nearing similar levels it seems the sector has not learned its lesson. It feels like 2014 for the oil industry all over again, except this time, things could get even worse. Most US shale wells have a breakeven well above today’s current oil prices. The result will be that the shale industry in [...]
The national carrier of Pakistan may purchase Sukhoi Superjet 100 (SSJ-100) planes, according to Russian Industry and Trade Minister Denis Manturov, who is currently in Islamabad on an official visit.
“We interact directly with Pakistan Air. We have agreed that in January we will continue working on it, taking into account the fact that we must work out the destination network together with o [...]
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. [...]
Renewed trade war fears are breathing life into the gold market, according to Phil Streible, senior market analyst at RJO Futures, who also pointed to growing investor fears over the possibility of a rate cut.
“Potentially down the road, if equities slow down, and if the global economy slows down enough, you might see the Fed cut rates, that’s what’s breathing life right now into that gol [...]
Earlier, Bank figures showed that Russia added nearly to 275 tonnes of gold to its coffers in 2018, with total reserves climbing to over 2,100 tonnes of the precious metal. [...]
Gold has reached a more than six-month peak rising above $1,300 as investors rushed to seek refuge in the metals after iPhone maker downgraded its revenue forecast and amid fears of a global economic slowdown. The precious metal futures climbed in a second straight session on Thursday after US stocks saw the worst start of the year in more than a decade. [...]
Stocks in emerging markets have had a rough year but are tipped for a turnaround, according to Morgan Stanley, which predicts stable growth in those economies in 2019. [...]
By not showing up, the US president - and thereby the nation he represents - loses ‘face’ in Asia, according to reports. US President Donald Trump skipped two major summits in Asia: the East Asian Summit hosted by the Association of Southeast Asian Nations in Singapore, and the Asia-Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, leaving US Vice President Mike Pence and [...]
The list of the countries currently taking active steps towards eliminating their economic reliance on the US dollar is growing. Russia has joined a league of nations is making a lot of headway with the task, the WSJ reports. [...]
Investor confidence in Europe has surged in 2017 after three years of decline. Europe has attracted a record level of foreign direct investment (FDI), with Russia making the top five list, according to data from EY. The firm’s report showed that, despite a slowing growth in Europe, investor sentiment is more buoyant with 50 percent of more than 500 investors highlighting confidence. [...]