Coronavirus is spreading ‘quickly and widely’ in London, Mayor Sadiq Khan warns as number of new daily cases rises

The number of people hospitalized for Covid-19 in the UK capital has tripled in the past month, Mayor Sadiq Khan said, encouraging people to not take risks in order to slow down the pandemic. … Read More >Coronavirus is spreading ‘quickly and widely’ in London, Mayor Sadiq Khan warns as number of new daily cases rises

Second Covid-19 wave will accelerate Russia’s GDP decline, but economy will do better than European peers – Kudrin

The Russian economy may perform worse than the government expects this year, Russia’s Accounts Chamber head, Alexei Kudrin, warned. However, the contraction would be in line with the global forecast and not as deep as in Europe. … Read More >Second Covid-19 wave will accelerate Russia’s GDP decline, but economy will do better than European peers – Kudrin

Nagorno-Karabakh: Azerbaijan’s ambassador denies Turkish-backed Syrian Islamists are helping fight Armenia

In this episode of Going Underground, we speak to Azerbaijan’s ambassador to the UK, Tahir Taghizadeh, about the conflict in Nagorno-Karabakh. He discusses the allegations of Turkish-backed Syrian Islamists fighting alongside the Azerbaijani army, and of the involvement of both Armenians from outside Armenia and Iranians on the side of Armenia, as well as of Armenia attacking Azerbaijan’s territories beyond Nagorno-Karabakh. … Read More >Nagorno-Karabakh: Azerbaijan’s ambassador denies Turkish-backed Syrian Islamists are helping fight Armenia

Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

New data from the International Monetary Fund (IMF) show that the process of the shift away from the dollar standard resumed in the second quarter of the year, with the share of the US currency in global reserves falling sharply. … Read More >Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

CrossTalk, QUARANTINE EDITION: Permanent inequality?

It remains unclear who will be in the White House next January. What can be easily predicted is the state of the economy for tens of millions of citizens. It appears that what is called a K-shaped recovery is permanently dividing the country into the haves and have-nots. And this seems to be acceptable for those who are the haves. … Read More >CrossTalk, QUARANTINE EDITION: Permanent inequality?