Despite facing years of sanctions from the US and EU, the Russian economy is growing again thanks to a winning formula of low debt and high reserves. The sovereign debt of Russia is a fraction of that in developed countries like the UK or US. Russia’s foreign debt now stands at $525 billion, compared to $7.5 trillion in Britai [...]

Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales and anger Washington. “The Chinese may just replace some of the American oil with Iranian crude,” said John Driscoll, director of consultancy JTD Energ [...]

Moscow and Delhi are seeking to bypass US sanctions by using the rupee and the ruble in facilitating military deals, according to Indian daily, the Economic Times. The paper reports that US sanctions are hampering $2 billion in defense deals between Russia and India, as payments are getting stuck. [...]

Scores of local and foreign activists have called on Washington to end its “colonial occupation” of Puerto Rico, bashing the US President for his lackluster and “insulting” response to last year’s deadly Maria and Irma hurricanes. [...]

US Senators have voted to block the sale of F-35s to Turkey, slamming their NATO ally for plans to buy Russian S-400 missile batteries. Ankara warned of “an alternative” should the deal be called off. The first of the 100 US-made F-35 fighter jets were to be delivered to Turkey on June 21 but now the whole deal might be off [...]

It was the dogs what done it. The picture of the "pile of canine corpses on the streets of Russia killed in the name of the world cup," I mean. Or at least the thousands of people who had retweeted the image thought so, before it turned out the dead dogs were Pakistani, killed for public health reasons in Karachi five years befo [...]

US President Donald Trump's introduction of tariffs on steel and aluminum imports from Canada, Mexico and the EU will force them to build new trade ties, professor at Aalto University and CUHK, Carl F. Fey, told RT. “US actions will surely push the EU to strengthen trade relationships with other countries such as China. Rus [...]

John Wight: The story of history is the story of the roads not taken, and never more so than when it comes to the life and legacy of John F Kennedy. The 55th anniversary of Kennedy’s ‘Peace Speech’, delivered in the form a commencement address to students and faculty at the American University in Washington on June 10, 196 [...]

An anti-terrorism probe has been opened into death threats Austrian Chancellor Sebastian Kurz received on social media after his government announced a crackdown on hate preaching and “political Islam.” The Austrian government’s decision to close seven mosques and expel as many as 60 imams as part of their campaign against [...]

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 trad [...]

Russia is crucial in bringing peace to Syria and Ukraine, Austrian leader Sebastian Kurz told his Russian counterpart Vladimir Putin, adding he hopes Moscow helps secure peace in Donbass, paving the way to lifting EU sanctions. “Russia, as a superpower, has an important role in Syria and eastern Ukraine, and Russia has great r [...]

The US is force-feeding Europe its liquefied natural gas, which is three times more expensive that buying it from Russia, Austrian President Alexander Van der Bellen said after signing a gas-supply contract with Moscow until 2040. While US politicians are accusing Europe of being dependent on Russian gas, they forget that “Ame [...]

Special Counsel Robert Mueller’s ongoing investigation into alleged collusion between the Trump campaign and Russia has cost the US taxpayer a whopping $17 million to date and returned no evidence of collusion. The investigation spent approximately $10 million between October 2017 and March this year, according to a Department [...]

Some member countries of the World Trade Organization (WTO) want to create an appeal mechanism that would prevent the US vetoing decisions it dislikes, according to Russian Economy Minister Maksim Oreshkin. By September four seats will be vacant at the Appellate Body, the WTO appeals chamber, leaving three judges out of the nece [...]

Washington has warned New Delhi that procurement of Russian advanced military systems may jeopardize defense cooperation and technology sharing between the US and India, as well as “interoperability” between their armed forces. “There is a lot of concern in the US administration and Congress with the S-400,” House Armed [...]