Business – Page 150 – THE OVAL CIRCLE

US dollar hegemony will end very quickly & people won’t have time to get out, banker tells RT’s Keiser Report

Posted on December 30, 2020December 30, 2020By Editor

In this special end-of-year episode of the Keiser Report, Max Keiser and Stacy Herbert talk to Mitch Feierstein of PlanetPonzi.com about what 2021 has in store. They look at two versions of the world. … Read More >US dollar hegemony will end very quickly & people won’t have time to get out, banker tells RT’s Keiser Report

Business

Australia’s economy may NEVER return to previous growth due to trade row with China – report

Posted on December 29, 2020December 29, 2020By Editor

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 More >Australia’s economy may NEVER return to previous growth due to trade row with China – report

Business

Sales of Russian grain surge despite strict export limits due to pandemic crisis

Posted on December 29, 2020December 29, 2020By Editor

The world’s number one grain exporter, Russia, has boosted year-on-year sales of its wheat abroad by as much as 20 percent, according to the latest report by the country’s agricultural watchdog. … Read More >Sales of Russian grain surge despite strict export limits due to pandemic crisis

Business

Russia’s Far East attracts over $17 BILLION in foreign investment

Posted on December 29, 2020December 29, 2020By Editor

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 More >Russia’s Far East attracts over $17 BILLION in foreign investment

Business

Construction of German stretch of Nord Stream 2 gas pipeline FINISHED, company says

Posted on December 28, 2020December 28, 2020By Editor

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 More >Construction of German stretch of Nord Stream 2 gas pipeline FINISHED, company says

Business

China’s Zhejiang province to launch 120,000 new 5G stations next year

Posted on December 28, 2020December 28, 2020By Editor

East China’s Zhejiang province will build 120,000 5G base stations by 2022 and increase its network capacity, local authorities said this week. … Read More >China’s Zhejiang province to launch 120,000 new 5G stations next year

Business

Brexit deal fails to provide UK financial sector with full access to EU markets – Boris Johnson

Posted on December 28, 2020December 28, 2020By Editor

A highly anticipated trade deal between the European Union and Britain “does not go as far as we would like” when it comes to access to EU markets for financial services, according to UK Prime Minister Boris Johnson. … Read More >Brexit deal fails to provide UK financial sector with full access to EU markets – Boris Johnson

Business

China to dethrone US as world’s biggest economy sooner than we’d predicted, expert group says

Posted on December 26, 2020December 26, 2020By Editor

The Centre for Economics and Business Research (CEBR) expects that China’s economy will outshine that of the US by 2028, half a decade sooner than it had previously forecast. … Read More >China to dethrone US as world’s biggest economy sooner than we’d predicted, expert group says

Business

Digital currencies may challenge SWIFT global payment network, says Russian central bank

Posted on December 26, 2020January 2, 2021By Editor

The development of digital currencies may challenge the SWIFT international banking payment system and could eventually make it redundant, the Central Bank of Russia (CBR) has said. … Read More >Digital currencies may challenge SWIFT global payment network, says Russian central bank

Business

China extends tariff exemptions for US chemical and oil products

Posted on December 26, 2020By Editor

Six US chemical and oil products will not be targeted by additional duties for another year, according to China’s finance ministry. The exemptions were initially introduced after the two countries reached a phase-one trade deal. … Read More >China extends tariff exemptions for US chemical and oil products