Russia-Germany trade turnover falls to lowest level in 16 years
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The volume of trade between Russia and Germany declined by 22.2 percent in 2020, year-on-year, to €44.9 billion ($54.4 billion), according to data from the German Committee on Eastern European Economic Relations. Read Full Article at RT.com
Meteoric growth: Bitcoin keeps beating its own best, shooting past $57,000
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The price of the world’s most valued digital asset has surged past $57,000, breaking the previously set record in less than 12 hours. Bitcoin has demonstrated a nearly nine-percent day-by-day increase, according to CoinDesk. Read Full Article at RT.com
Russia’s Rostech teams up with UAE strategic developer to produce new light helicopters
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The Russian government commission that examines foreign investments has approved a deal reached between VR-Technologies (VRT), a subsidiary of Russian Helicopters, and the Abu Dhabi-based Tawazun Strategic Development Fund. Read Full Article at RT.com
Iran plans petrochemical BOOM despite US sanctions
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Iran’s petchems sector now accounts for over 30 percent of all its non-oil exports and Tehran is planning to boost this further through the build-out of a number of dedicated hubs. Read Full Article at RT.com
Forget GameStop! The entire US fixed income market’s about to blow due to insolvency & inflation, strategist tells Boom Bust
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The Reddit-fueled GameStop stock saga is taking center stage in Washington. The key players are testifying in front of the US Congress on how one little stock play by independent investors almost took down Wall Street. Read Full Article at RT.com
China plans to dominate this century through semiconductor chips, which are ‘THE NEW OIL’ – entrepreneur to Keiser Report
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Max Keiser talks to Dan Collins, a businessman and entrepreneur who lived in China for 20 years, about the reasons behind the global chip shortage and why the US business model has left the country vulnerable. Read Full Article at RT.com
Russia to present new concept of national digital currency – Central Bank
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After discussing the launch of the digital ruble with local banks, the country’s financial watchdog says it will present a more detailed concept for the national digital currency by summer. Read Full Article at RT.com
Hong Kong stock market turnover more than quadruples that of London’s exchange – media
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Stock trading volumes on the Hong Kong Stock Exchange have seen enormous growth this year. They are now four times greater than the daily turnover on the London Stock Exchange. Read Full Article at RT.com
Jeff Bezos overtakes Elon Musk to reclaim world’s richest person title
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Amazon CEO Jeff Bezos has reclaimed the top spot on the world’s richest list, winning the title back from Tesla CEO and SpaceX founder Elon Musk just weeks after losing it. Read Full Article at RT.com
Bitcoin at $50k is the BIGGEST BUBBLE of them all, says gold bug Peter Schiff
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As the world’s largest cryptocurrency, bitcoin, hit another price milestone on Tuesday, gold enthusiast and crypto-skeptic Peter Schiff continued to insist there is no value in the digital token. Read Full Article at RT.com
China may exercise ‘nuclear option’ against US defense industry with rare-earths export ban – reports
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The world’s largest rare-earth miner, China, is reportedly trying to calculate the damage to US defense contractors if it moves to curb supplies of the minerals vital for the country’s weapons industry. Read Full Article at RT.com
Visa considers adding cryptocurrencies to its payment network
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International payment system Visa is moving towards allowing its cardholders to buy and sell cryptocurrencies in countries where it does not contradict the local legislation, the company’s press service told RIA Novosti. Read Full Article at RT.com
India to become 2nd biggest coronavirus vaccine producer in the world
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India is projected to become the second largest producer of Covid-19 vaccines in the world, providing them not only for its own population, but for other developing nations, analysts say. Read Full Article at RT.com
Swedish lawmaker calls for being tough on Germany over Berlin’s commitment to Nord Stream 2 pipeline project
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A member of Sweden’s parliament, Bjorn Soder, is urging its government to take steps to persuade Germany to withdraw from the Russian-led Nord Stream 2 offshore gas pipeline, as a response to Russia’s latest “actions.” Read Full Article at RT.com
Deutsche Bank quietly moves to bring crypto into play after producing numerous reports bashing its bubble nature
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Following multiple surveys harshly criticizing bitcoin and other cryptocurrencies, Deutsche Bank seems to finally see the condemned assets as an opportunity, getting into the game with plans for a cryptocurrency custody platform. Read Full Article at RT.com
It takes two to tango: ByteDance may sell TikTok to rival as dispute between Beijing & New Delhi wrecks app ops in India
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Chinese multinational ByteDance is reportedly mulling the idea of selling the India operations of TikTok to local rival Glance in an effort to breathe new life into the app, which has been indefinitely banned by New Delhi. Read Full Article at RT.com
Elon Musk says he wants new Tesla Roadsters to fly ‘without, you know, killing people’
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SpaceX and Tesla founder Elon Musk says he is considering the possibility of making the forthcoming Tesla Roadster capable of flight using SpaceX technology. Read Full Article at RT.com
British economy crashes nearly 10% in 2020 due to Covid pandemic
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The UK economy suffered the biggest contraction on record, in 2020, experiencing an unprecedented slump in economic and business activity after a series of lockdowns imposed to contain the coronavirus pandemic. Read Full Article at RT.com
Andrew Yang says he’ll make NYC a ‘cryptocurrency hub’ if elected mayor, as bitcoin shoots to record high of $48,000+
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New York City mayoral hopeful Andrew Yang has vowed to transform the Big Apple into a hub for cryptocurrencies if he is elected, as bitcoin soared to a new high after America’s oldest bank said it would deal in the digital token. Read Full Article at RT.com
Weed is the new WallStreetBets darling: Marijuana stocks flying high thanks to Reddit-fueled rally
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Shares of several Canadian cannabis producers continued to soar on Thursday, spurred by a wave of legalization in major US states and the Reddit trading community behind the recent GameStop trading frenzy. Read Full Article at RT.com
Anti-Russia sanctions harm European economy’s global competitiveness, German entrepreneur tells RT
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In a move that can further harm Russia-EU bilateral ties, some European officials are threatening Russia with new punitive measures over jailed opposition figure Alexey Navalny. Read Full Article at RT.com
Keiser Report looks at Nigeria’s futile attempt to ban bitcoin
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Nigeria’s central bank has ordered banks to close the accounts of all cryptocurrency users, warning of «severe regulatory sanctions.» The ban comes as bitcoin penetration in the country is the second highest in the world. Read Full Article at RT
US sells over a million barrels of seized Iranian fuel headed for Venezuela
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The United States has sold more than a million barrels of Iranian fuel seized under its sanctions program last year, Reuters reported on Thursday, citing the US Department of Justice. Read Full Article at RT.com
Germany offered US ‘dirty deal’ to drop sanctions against Nord Stream 2, environmentalists claim
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In a last-ditch effort to save a vital gas project from US sanctions, Berlin offered Washington €1 billion ($1.21 billion) to boost imports of American liquified natural gas (LNG) in exchange, a German eco-group claims. Read Full Article at RT.com
What are the real dangers of artificial intelligence? RT's Boom Bust explores...
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With artificial intelligence (AI) steadily progressing, concerns have been growing about how much innovation is too much. Cybersecurity expert Morgan Wright offers his forecast for the industry. Read Full Article at RT.com
China & East Asian economies boost global market share amid pandemic – UN
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Rapid recovery from the coronavirus crisis helped China and some East Asian nations boost their share of global trade in 2020, while most economies suffered a steep drop in both exports and imports, according to a UN report. Read Full Article at RT.com
Central banks are transferring wealth from the average person to the likes of Bill Gates and Jeff Bezos – RT's Keiser Report
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The money supply increased dramatically in the US in 2020 since the lockdowns closed the economy. RT’s Keiser Report talks to Mike Maloney, a leading expert on monetary history, economics, and precious metals. Read Full Article at RT.com
Oil touches 13-month high driven by global recovery hopes & OPEC+ supply cuts
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Crude oil futures secured further gains on Tuesday, with both global benchmark Brent and US West Texas Intermediate (WTI) climbing to the highest levels since January 2020. Read Full Article at RT.com
Bitcoin to top $100,000 this year as more companies adopt cryptocurrency, says investor Mike Novogratz
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Bitcoin could more than double in price by the end of the year as more firms allow customers to use it to make purchases, says Michael Novogratz, the founder of cryptocurrency investment firm Galaxy Digital. Read Full Article at RT.com
Bitcoin shoots past $43,000 as Tesla announces plan to start accepting cryptocurrency
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The largest cryptocurrency, bitcoin, surged to a record high of over $43,000 on Monday following the news that Tesla has invested $1.5 billion in the digital asset and expects to start accepting it as payment. Read Full Article at RT.com
‘Who let the Doge out?’ Musk’s favorite canine-crypto smashes another record high as celebrities jump on board
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Dogecoin briefly touched new record levels on Monday, remaining among the world's top 10 cryptocurrencies, after rapper Snoop Dogg and rocker Gene Simmons joined Elon Musk in driving the trading craze of the meme-inspired token. Read Full Article at RT.com
China to give away over $6mn in digital currency during Lunar New Year in massive e-yuan trials
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As China gets ready to celebrate one of its biggest holidays, the Lunar New Year, authorities in Beijing and Suzhou are handing out 40 million yuan ($6.2 million) in another public lottery as part of digital currency tests. Read Full Article at RT.com
Why is Google failing to compete with video game makers when the sector is booming? RT’s Boom Bust finds out
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Google announced plans to shut down its internal Stadia game development division, as the US tech giant refocuses it into a platform for streaming games from existing developers instead of producing its own exclusive game content. Read Full Article at RT.com
Turkey aims to be among world’s 10 biggest economies as Erdogan lures major investments
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Turkish President Recep Tayyip Erdogan has announced an ambitious plan to make Turkey the 10th largest economy in the world. The state leader said that engaging in major investments would boost the country’s GDP. Read Full Article at RT.com
China has just launched world's largest carbon market
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For many years, China sacrificed environmental stewardship at the altar of economic growth, adopting a growth-at-all-costs strategy. Read Full Article at RT.com
Global food prices soar to 6-year high, UN agency says
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World food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to a report by the Food and Agriculture Organization (FAO) of the United Nations. Read Full Article at RT.com
China’s trade turnover with Central and Eastern Europe tops $100 billion despite pandemic-hit 2020
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Mutual trade between China and 17 nations in Central and Eastern Europe in 2020 exceeded $100 billion for the first time ever, according to China’s Ministry of Commerce. Read Full Article at RT.com
Austria says ‘no’ to politicizing Nord Stream 2 as Brussels & Washington call for sanctions over arrest of opposition figure
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The Russian-led Nord Stream 2 offshore gas pipeline project shouldn’t be tied to the case of opposition figure Alexey Navalny, who was sentenced to jail for violating his probation, Austrian Chancellor Sebastian Kurz has said. Read Full Article at RT.com
Can Big Tech afford antitrust violations after new law comes into force? RT’s Boom Bust finds out
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US Senator Amy Klobuchar, who is now the chair of the senate judiciary subcommittee, has announced a new sweeping antitrust legislation that would significantly raise the risk for companies such as Facebook, Apple, and Google. Read Full Article at RT.com
