Business – Page 162 – THE OVAL CIRCLE

US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

Posted on November 17, 2020November 17, 2020By Editor

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just pay everybody. Peter Schiff says such a proposal is ridiculous. … Read More >US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

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Chinese President Xi commends BRICS nations for joint development of Covid-19 vaccines to restore economies

Posted on November 17, 2020November 17, 2020By Editor

Brazilian, Chinese and Russian firms are carrying out pivotal phases of clinical trials of coronavirus vaccines, Chinese President Xi Jinping said at the 12th annual BRICS Summit on Tuesday. … Read More >Chinese President Xi commends BRICS nations for joint development of Covid-19 vaccines to restore economies

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BRICS nations working together to bring trade bloc’s economies back to sustainable growth after Covid crisis – Putin

Posted on November 17, 2020November 17, 2020By Editor

BRICS member states have taken emergency steps in order to support national industries, finance and welfare in response to the global coronavirus pandemic, Russian President Vladimir Putin said on Tuesday. … Read More >BRICS nations working together to bring trade bloc’s economies back to sustainable growth after Covid crisis – Putin

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Russia’s latest & most powerful nuclear icebreaker sets off on maiden Arctic voyage

Posted on November 16, 2020November 16, 2020By Editor

The newest Russian nuclear-powered icebreaker, the ‘Arktika’, has set off on its maiden voyage in the Arctic waters of the Northern Sea Route, AtomFlot press service reported on Monday. … Read More >Russia’s latest & most powerful nuclear icebreaker sets off on maiden Arctic voyage

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China builds more 5G stations than rest of world combined, while those lagging behind back off from its technology

Posted on November 16, 2020November 16, 2020By Editor

Beijing boasts that it’s installed around 700,000 5G base stations across the country – more than it had planned to have by year’s end, beating other major powers in the development of the superfast mobile networks. … Read More >China builds more 5G stations than rest of world combined, while those lagging behind back off from its technology

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Russia to set up new multipurpose cargo port in Far East

Posted on November 16, 2020November 16, 2020By Editor

A new cargo port with coal, oil, gas and bunker terminals will be built in Russia’s Sakhalin, according to the press service of the regional government. The construction of the facility is expected to start in 2022. … Read More >Russia to set up new multipurpose cargo port in Far East

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‘Ultra-rare’ pink Russian diamond fetches record $26.6 million in Geneva (PHOTO, VIDEO)

Posted on November 16, 2020November 16, 2020By Editor

A mystery buyer has bought an extremely rare purple-pink 14.83-carat diamond, which was mined and cut in Russia. The gem has become the largest of its kind ever to appear at Sotheby’s in Geneva. … Read More >‘Ultra-rare’ pink Russian diamond fetches record $26.6 million in Geneva (PHOTO, VIDEO)

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Rothschild heir claims initial victory in legal fight over family’s Nazi-seized legacy in Austria

Posted on November 16, 2020November 16, 2020By Editor

The city of Vienna has reportedly suffered the first setback in a dispute with descendants of the Rothschild banking dynasty, who sued the authorities over a charitable trust with assets worth up to €110 million ($130 million). … Read More >Rothschild heir claims initial victory in legal fight over family’s Nazi-seized legacy in Austria

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‘The carnage has started’: US facing double-dip recession, economist tells Boom Bust

Posted on November 14, 2020November 14, 2020By Editor

The unemployment rate fell sharply in the United States last month despite the surging coronavirus cases in the country. The numbers have been better than expected by economists. … Read More >‘The carnage has started’: US facing double-dip recession, economist tells Boom Bust

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Russian economy shows strong signs of recovery from coronavirus plunge

Posted on November 14, 2020November 14, 2020By Editor

The Russian economy shrank 3.6 percent in the third quarter, improving by more than half from the eight-percent drop during the previous quarter, when the government shut down the economy to try to contain the Covid-19 outbreak. … Read More >Russian economy shows strong signs of recovery from coronavirus plunge