Peru is being “cautious” in not disclosing the flight path of a plane loaded with Covid-19 testing kits, its disease response chief has said, with the US accused of “confiscating” supplies meant for other nations. Pilar Mazzetti, who leads Peru’s operational center for Covid-19 response, told Reuters that a plane carrying masks and 300,000 testing […]
An earlier ABC News report stated that US intelligence officials had warned the military and White House about the spread of a coronavirus outbreak in China as far back as late November 2019, with the Pentagon denying the “product/assessment” existed. US intelligence agencies warned Israel of the threat of a coronavirus outbreak in China as […]
As organizations like the IMF and the UN warn that this is the worst economic crisis since the Great Depression, the US central bank has once again decided to pump trillions of dollars into the economy. RT’s Boom Bust talks to the CEO of Transformity Research, Tobin Smith, who has been sounding the alarm lately, […]
Fresh market data shows that Brent as well as WTI prices briefly rebounded by 1-3 percent in the hours after the OPEC+ talks on Sunday, but then showed a downward trend, which a top Wall Street bank says is likely to continue in the coming weeks. Goldman Sachs has forecast that oil prices will continue […]
After days of intense negotiations and video conferences OPEC+ and G20 have sealed a deal aimed at tackling the oil market imbalance. Economic analysts have explained how the newly introduced cuts will affect the market in the short- and medium-term. On Sunday, Russia, Saudi Arabia, and the US struck a deal with the world’s petroleum […]
Russian Helicopters and their Mexican partner – the Craft Avia Center announced plans to form a partnership to market the Ansat multi-purpose helicopter in Mexico several years back, with the Mexican side opening a service center earlier this year. The global economic slowdown and coronavirus pandemic has not held Mexico back from taking delivery of […]
Wearing face masks will become a “revolutionary” new norm of life the world needs to get accustomed to, just like it did when learning of cholera in the 19th century and of HIV in the 20th, a WHO coronavirus expert predicted. “Some form of facial protection, I’m sure, is going to become the norm,” not […]
The coronavirus epidemic had scarcely arrived on US shores when the Trump administration declared “war” on it, in the grand tradition of the ‘War on Cancer’ or the ‘War on Drugs’. But these invisible wars don’t end well. President Donald Trump declared war on the “invisible enemy” – Covid-19 – last month, pivoting on a […]
Having bragged repeatedly of America’s energy independence, President Trump must confront the harsh realities of a global oil market no longer able to sustain inefficient US oil producers as he prepares to negotiate with the G20. The global economy struggles to adapt to the one-two punch of reduced oil demand brought on by the coronavirus […]
The initial human volunteers have been selected to test a Russian vaccine against the deadly new coronavirus in trials set to begin in late June. The project’s chief developer is leading by example by taking his place among them. Work on the biological preparation began in February at the Vector Institute, Russia’s leading virology and […]
Since Saturday, 2,186 more people in Russia have tested positive for coronavirus, bringing the nationwide total to 15,770, according to the emergency team in charge of managing the country’s response to the deadly infection. The fresh figure drastically ups the curve, as only 1,667 new cases were recorded across the country the day before.
The US, which is now leading the world in the number of coronavirus deaths, has added another 1,920 to its grim count in the last 24 hours, Johns Hopkins University reports. Earlier on Saturday, the US replaced Italy at the top of the coronavirus death toll chart, surpassing 20,000. Saturday’s nationwide death toll is slightly lower […]
The Organization of the Petroleum Exporting Countries and allied oil exporters led by Russia are reportedly set to hold an urgent meeting on Sunday to clinch a last-minute agreement to save the oil market from further tumbling. The virtual meeting is scheduled for 4pm GMT, the Azerbaijan Energy Ministry confirmed to Russian media. The same […]
While the coronavirus pandemic is wreaking havoc on global trade, cargo volume between Russia and its biggest trading partner, China, is growing, according to the Russian consul general in Harbin, Vladimir Oschepkov. “According to our estimates, the volume of cargo transportation between our countries is gradually increasing,” the diplomat told RIA Novosti.
Saudi Arabia, a major strategic ally of the US, has been at the centre of an oil output cut dispute with Russia that unleashed a price war and sent already-volatile crude prices to their 18-year lows. American senators from oil-producing states reproached the Saudi ambassador in a heated phone call and threatened to rethink diplomatic […]