President Donald Trump last week hinted that the US would wade into the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for American consumers despite hurting the industry.
US President Donald Trump was quite happy with Saudi Arabia’s plans to oust Russia from certain oil markets by hiking oil production, Politico reports citin [...]
The US Senate and the White House have reached an agreement on a $2 trillion relief plan to buffer the economy as fears of a deep global recession continue to mount amid the coronavirus outbreak.
RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading to discuss the measure and its impact on financial markets.
Horwitz says that the stock markets’ positive reaction looks like a short [...]
US President Donald Trump used to complain about the high oil prices that came as a result of the OPEC+ agreement, which saw many oil-exporting countries cut crude production. Now, however, is unhappy with the anomalously low price of black gold that is threatening to kill the American shale oil industry. Commenting on the ongoing oil price free fall, US President Donald Trump accused Russia and S [...]
Iran’s New Year celebration of Nowruz finds it weathering a perfect storm of US sanctions, low oil prices and Covid-19. The resulting humanitarian crisis may make it even more resilient, as Iranians rally around their government. Iran is facing an existential crisis, brought on by a combination of economic, political and social emergencies which, when combined, threaten to bring the nation to it [...]
The scrapping by the Philippines of a military partnership with the US occurs with rather embarrassing timing for Washington, as it seeks to rally its allies to adopt America’s hostile line towards China. Evidently, the Southeast Asian nation has decided it doesn’t need Washington’s presumed military ‘protection’ and is confident it can conduct normal relations with China and neighboring [...]
Plummeting oil prices have sparked another round of predictions about the economic collapse of Russia – this time from US President Donald Trump, who sounded a lot like his predecessor Barack Obama on the subject. The price of crude oil has crashed to $20 this week, due to a one-two punch of Saudi Arabia flooding the market with record output and a sharp drop in global demand owing to the corona [...]
China is pulling the press credentials of US journalists from outlets including the New York Times and the Washington Post whose passes expire in 2020, in the latest move of an ongoing tit-for-tat with America over media access. [...]
The president is pushing to get a Covid-19 vaccine before the election. It doesn’t work like that. It’s understandable that during a White House meeting on Monday with pharmaceutical executives and public health officials, President Donald Trump pressed them to develop and deploy a vaccine to Covid-19 (the disease caused by the novel coronavirus) as quickly as possible. Beyond the obvious publ [...]
The coronavirus containment measures the US has (belatedly, reluctantly) taken are revealing enormous fissures in its first-world facade, from legions of hungry schoolchildren to their broke parents left to fend for themselves. The US puts a lot of effort into maintaining its image as the world’s richest country, but while it may have the world’s highest GDP, near-record levels of income inequ [...]
The news comes as the Wuhan coronavirus (COVID-19) spreads to over 130 countries and territories, currently infecting more than 156,000 people and with over 5,800 dead worldwide, prompting the World Health Organization to declare it a global pandemic. US President Donald Trump is said to be trying to track down German scientists working on developing a pilot vaccine against the COVID-19 coronaviru [...]
The eating habits of world leaders have long been a matter of public interest, with observers questioning whether KFC and diet Coke, or perhaps something more balanced, could have an impact on politicians’ ability to deal with the physical and psychological stresses of their office. [...]
Speaker of the House Nancy Pelosi announced that she has struck a deal with Treasury Secretary Steven Mnuchin over a coronavirus relief plan that President Donald Trump had previously opposed as overreach. “We are proud to have reached an agreement with the administration to resolve outstanding challenges, and now will soon pass the Families First Coronavirus Response Act,” Pelosi (D-Californi [...]
US President Donald Trump said that trade in “no way” will be impacted by the 30-day Europe travel ban, despite saying less than an hour earlier the restrictive measures would apply to a “tremendous amount of trade and cargo.” [...]
How Trump is hurting his administration’s coronavirus response, explained by an expert. President Donald Trump’s handling of the coronavirus outbreak in the United States has so far been a disaster. He initially downplayed the severity of the outbreak at home, directly contradicting his top health officials. He’s displayed a stunning lack of knowledge about basic things like how vacci [...]
The “Russian collusion” trope didn’t just spring to life with US President Donald Trump in 2016 – accusations of taking help from the evil Russkies have dogged candidates who buck the establishment since the 1960s. Trump may be the best-known candidate to attract allegations of being ‘Putin’s puppet,’ but he is by no means the first. [...]
Donald Trump offered Julian Assange a pardon if he said Russia was not involved in a leak of Democratic Party emails, a court has heard. The WikiLeaks founder's barrister brought the subject up at Westminster Magistrates' Court ahead of an extradition hearing next week.
Court hears Trump offered Wikileaks founder pardon
Australian MPs lobby Britain to release Wikileaks founder Julian Assan [...]
One of Democratic presidential nomination frontrunners, Sen. Bernie Sanders, laughed at Donald Trump calling him a ‘communist’ and explained how the US President, who doesn’t seem to know the difference, profited from ‘socialism.’ [...]
Russian Foreign Minister Sergey Lavrov hit back at threats from Washington over Moscow’s support for Venezuelan President Nicolas Maduro, insisting Caracas and its neighbors deserve the option not to be US vassal states. “I have heard the threats from Washington about punishing all those who work with Venezuela,” Lavrov confirmed during a press conference in Mexico City on Thursday. “But [...]
US Secretary of State Mike Pompeo won’t be winning Ukraine’s ‘friend of the year’ award. A week after he told an NPR reporter that Americans don’t care about the country, he allegedly told a Kiev audience to forget about Crimea. That’s according to Novoye Vremya (NV), an influential Ukrainian news outlet, which quotes Pompeo as saying: “Crimea is lost [for Ukraine]. World leaders und [...]
President of the Palestinian National Authority (PNA) Mahmoud Abbas announced on Saturday that all ties between the PNA and Israel, as well as the United States, would be cut following Donald Trump’s unveiling of his long-advertised peace plan for the Israeli-Palestinian conflict, which many saw as being strongly biased towards the Jewish state. [...]
The plan was previously rejected by the Palestinian Authority, which vowed to cut ties with Israel and the US, urging people to participate in protests against the deal. People are gathering near the US Embassy in Lebanon in Beit Aaoukar to protest against the "deal of the century" – a new peace plan for the Israeli-Palestinian conflict that was recently announced by US President Donald Trump. [...]
Following the strike on two US military outposts in retaliation for the Trump-commissioned killing of General Qasem Soleimani, POTUS reported no losses, with the Pentagon eventually saying 64 service personnel sustained what he referred to as “brain injuries”. According to a spokesman for the Islamic Revolutionary Guards Corps, cited by Press TV, the alleged number of “brain injuries” suff [...]