Apple & Hyundai to start production of self-driving electric ‘iCar’ in 2024 – reports
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South Korean carmaker Hyundai and US tech giant Apple may soon finalize their rumored deal on autonomous electric cars, with vehicles expected to roll off the production line in three years, according to a local media report. Read Full Article at RT.com
US dollar demise will soon be attributed to bitcoin rise – Max Keiser
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The leading global cryptocurrency’s parabolic surge is already off the US’ money printing chart, but unlike fiat money, it’s going to keep rising. RT’s Keiser Report hosts, Max Keiser and Stacy Herbert, explain why. Read Full Article at RT.com
China plans to turn up heat in crackdown on monopolies after opening probe into online giant Alibaba
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As Chinese digital behemoths continue to expand, the government will concentrate its efforts on regulating monopolies this year, officials said at an annual legal meeting. Read Full Article at RT.com
Why doesn’t Facebook just buy your data if it’s so valuable? RT’s Boom Bust digs into WhatsApp privacy controversy
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The recent changes to WhatsApp’s privacy policy, requiring users to share their data with owner Facebook or leave the platform altogether, have drawn the ire of many users, and even fellow tech entrepreneurs. Read Full Article at RT.com
Russia more than doubles natural gas exports via TurkStream pipeline
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Supplies of gas to Turkey and Europe via offshore pipeline TurkStream have increased more than twofold in a year since the launch of the project, according to Russian energy giant Gazprom. Read Full Article at RT.com
Global food prices surge to multi-year highs with more inflation yet to come – UN
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After seven months of consecutive growth, food prices finally reached a three-year peak for the whole pandemic year, according to the UN food security agency, the Food and Agriculture Organization (FAO). Read Full Article at RT.com
Cryptocurrency market value hits record $1 trillion as bitcoin reaches new eye-popping highs
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The total value of all the digital currencies has reached $1 trillion for the first time ever after the leading crypto asset, bitcoin, continued its bull run to the next all-time peak. Read Full Article at RT.com
Michelin to slash 2,300 workers in France to boost production efficiency
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French tire maker Michelin will eliminate as much as 2,300 jobs across its production facilities in France, although no factories will be closed. The measure comes as the producer reinforces activities outside its core business. Read Full Article at RT.com
Wild swings resume as bitcoin soars to dizzying heights
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The price of bitcoin has set another record, reaching more than $35,000 after a sharp drop earlier this week that wiped out nearly 20 percent of the world’s first cryptocurrency’s value. Read Full Article at RT.com
As 2020 meant a slowdown in coal production and use, experts and governments were confident that the industry would pick up again as pandemic restrictions eased. Read Full Article at RT.com
Beijing vows to take necessary measures after Trump’s latest attack on Chinese payment apps
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Chinese authorities will take necessary measures to safeguard the legitimate rights of the country’s companies against US aggression, China’s Foreign Ministry spokeswoman Hua Chunying has said. Read Full Article at RT.com
Fiat Chrysler & Peugeot say ‘yes’ to creating the world’s fourth-largest automaker in $58bn merger
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Shareholders of both Fiat Chrysler Automobiles and Group PSA, the French maker of Peugeot and Citroën cars, approved a $58 billion merger that will turn them into the world’s fourth-biggest car producer. Read Full Article at RT.com
Norwegian electric-vehicle sales overtake petrol & diesel models for first time, but Tesla beaten to top spot
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Norway has become the world’s number-one nation for electric vehicles, which comprised more than 50 percent of all new car sales in the country, the Norwegian Road Federation (OFV) reported on Tuesday. Read Full Article at RT.com
Britain provides £4.6 billion to help struggling businesses survive through renewed Covid-19 lockdown
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The UK Finance Ministry has announced a new aid package worth £4.6 billion ($6.2 billion) to support firms hit by a renewed Covid-19 lockdown that is likely to last until March. Read Full Article at RT.com
Oil rises to multi-month highs as OPEC+ likely to follow current production policy
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Oil prices reached the highest levels in nearly a year on expectations that OPEC and allied producers led by Russia may keep the production quota in February unchanged amid weak oil demand caused by the global pandemic crisis. Read Full Article at RT.com
De-dollarization in overdrive: Russia & China boost settlements in national currencies to 25%
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Moscow and Beijing have ramped up the share of settlements in national currencies to 25 percent this year against a modest two percent recorded seven years ago, according to the Russian Ambassador to China Andrey Denisov. Read Full Article at RT.com
New year, new record: Bitcoin pushes past historic new milestone of $30,000
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After quadrupling in value over the last 12 months, the world’s largest cryptocurrency, bitcoin, set a new all-time record on the second day of the new year, climbing above $30,000 Read Full Article at RT.com
Bitcoin surges to new peak as it continues bull run to next milestone: $30,000
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After quadrupling in value over the last 12 months, the world’s largest cryptocurrency, bitcoin, hit a new all-time record of $29,848 on the second day of the new year. Read Full Article at RT.com
China to build over 600,000 new 5G stations in 2021
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China’s Ministry of Industry and Information Technology said the nation plans to accelerate the rollout of wireless technology while launching hundreds of thousands of new 5G base stations this year. Read Full Article at RT.com
Move over, Hollywood! China overtook US as world's biggest movie box office in 2020, set to keep title PERMANENTLY
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Chinese movie ticket sales surpassed those of the US last year, as the global cinema industry struggled to stay afloat amid coronavirus restrictions. The trend began even before the pandemic hit and might be here to stay. Read Full Article at RT.com
Next year will be ‘good time to die’ for ‘fabulous fiction’ of fiat system – RT’s Keiser Report
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The hosts of RT’s Keiser Report, Max Keiser and Stacy Herbert, look at what 2021 has in store for one of the fastest growing assets of the year, bitcoin, and the impact of its triumph on the fiat money. Read Full Article at RT.com
Moscow stock exchange trading volumes to set new historical record amid pandemic
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Total trading volume across markets on the Moscow Exchange could reach 924 trillion rubles ($12.34 trillion) in 2020, setting an all-time high, according to the Chairman of the Executive Board and CEO Yury Denisov. Read Full Article at RT.com
US raises tariffs on French & German wines and aircraft parts over ‘unfair’ Airbus subsidies
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Citing the ‘unfairness’ of European Union subsidies to Airbus and tariffs imposed on US-based Boeing products, the US Trade Representative’s office said it would raise dues on certain French and German wines and spirits. Read Full Article at RT.com
Honda to quit Russian auto market in 2022 as demand slides
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Official auto dealers in Russia will no longer receive new Honda cars starting from 2022, the subsidiary of the Japanese automaker has announced, explaining the move as part of its restructuring efforts. Read Full Article at RT.com
Oil resurgence in 2021? RT’s Boom Bust explores the future of the crude market
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One of the worst-hit sectors this year, energy, is currently seeing some positive gains. Analysts predict that oil is going to reach new highs next year. Boom Bust talks to Michele Schneider of MarketGauge.com to find out. Read Full Article at RT.com
Jack Ma loses nearly $11 billion as China tightens scrutiny on his business empire
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China’s regulatory crackdown on Jack Ma’s businesses, including e-commerce giant Alibaba and online payments platform Ant Group, has wiped around $11 billion from his fortune in just two months. Read Full Article at RT.com
Bitcoin sets new all-time high above $28,500, on track for biggest monthly gain since 2019
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The world’s most popular crypto, bitcoin, hit a new high of $28,579 during trading on Wednesday, inching closer to a psychological level of $30,000. The price of the digital asset has nearly tripled year-to-date. Read Full Article at RT.com
Despite Covid-19’s impact on the industry as a whole, Brazil’s oil boom has exploded thanks to growing Asian demand for its sweet crude blend. Read Full Article at RT.com
Australia’s economy may NEVER return to previous growth due to trade row with China – report
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Research firm Capital Economics said that Australia’s economy has been badly hit by escalating trade tensions with China, and it is possible that growth might “never return” to pre-virus levels even when the pandemic is over. Read Full Article at RT.com
Construction of German stretch of Nord Stream 2 gas pipeline FINISHED, company says
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Nord Stream 2 AG, the company managing a major project to bring Russian gas to Europe, announced on Monday that the construction of the 2.6-kilometer stretch of the gas pipeline in German waters has been completed. Read Full Article at RT.com
Russia’s Far East attracts over $17 BILLION in foreign investment
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Foreign direct investment in the Russian Far East has grown significantly since 2013, according to Deputy Prime Minister Yuri Trutnev. Special economic zoning and concessions have stoked investor interest in the region. Read Full Article at RT.com
Britain looks to clinch free trade agreement with Turkey as independence from EU nears
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The British government has expressed its hopes of signing a trade deal with Turkey ahead of the end of the Brexit transition period, when the UK quits the EU’s trading arrangements. Read Full Article at RT.com
Gold hits one-week peak as dollar tumbles after Trump signs stimulus
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The price of gold grew by as much as 1.3 percent on Monday, as the US dollar slipped following President Donald Trump’s signing of a long-awaited $900 billion coronavirus stimulus package. Read Full Article at RT.com
Alibaba stock slides after China cracks down on monopolies
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Internet giant Alibaba’s stock dropped by as much as eight percent, leading a tech selloff in Hong Kong on Monday, amid the ongoing investigation by China’s antitrust regulators. Read Full Article at RT.com
China’s biggest oil & natural gas basin reaches record output
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Over 60 million tons equivalent of crude oil and natural gas has been produced at China’s Changqing Oilfield so far this year. The volume accounts for about a sixth of domestic production. Read Full Article at RT.com
Bitcoin pushes through $28,000 mark on its steady path to the next symbolic milestone
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Bitcoin has briefly topped the $28,000 level, as the world’s leading digital asset continues on its rally, climbing to a brand new all-time high virtually every hour. Read Full Article at RT.com
The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas in India’s energy basket. Read Full Article at RT.com
Is it possible to get even richer after devastating coronavirus pandemic? Danes say ‘yes’
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While economists unanimously forecast that the Covid-19 pandemic will leave the world rattled and suffering from extreme hunger and impoverishment, citizens of the European state of Denmark have gotten fabulously richer. Read Full Article at RT.com
Why India is the most exciting renewable market in the world
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As India races towards its ambitious climate goals, it is quickly becoming one of the most exciting renewable energy markets on the planet. Read Full Article at RT.com
Pinning down priorities: Russia’s central bank boss sent coded messages to financial market via her… BROOCHES
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Elvira Nabiullina, Russia’s Central Bank chief, said the brooches she wore this year during press conferences after making decisions on key interest rates were all very carefully chosen. Read Full Article at RT.com
