Business – Page 246 – THE OVAL CIRCLE

Nearly 1/3 Americans Believe US Dollar is Still Backed by Gold – Study

Posted on November 3, 2019November 3, 2019By Editor

29.3 percent of Americans still believe that the US dollar is backed by gold, a new study published by Hong Kong-based cryptocurrency company Genesis Mining has found, cryptocurrency news website CryptoCoinsNews has reported. … Read More >Nearly 1/3 Americans Believe US Dollar is Still Backed by Gold – Study

‘USA ROCKS! Enjoy!’ National debt surpasses terrifying $23 TRILLION as Trump praises ‘greater than expected’ jobs & stock surge

Posted on November 3, 2019November 3, 2019By Editor

President Trump has applauded the latest jobs report and its positive effect on stock markets as critics unleashed on him for his failed promise to tame the US government spending spree that pushed the national debt over $23tn. … Read More >‘USA ROCKS! Enjoy!’ National debt surpasses terrifying $23 TRILLION as Trump praises ‘greater than expected’ jobs & stock surge

‘Walk of shame’: Banks beg the Fed for money & may all fall in domino effect

Posted on November 3, 2019November 3, 2019By Editor

RT’s Max Keiser sat down with publisher David Morgan to discuss the turmoil in the repo markets, which are already flashing red sirens, and how banks that are desperate for cash may come to insolvency one by one. … Read More >‘Walk of shame’: Banks beg the Fed for money & may all fall in domino effect

Business Russia

Sanctions-busting exports: Russia’s arms sales already exceed $11bn this year

Posted on November 3, 2019November 3, 2019By Editor

Official Russian arms exporter Rosoboronexport has sold US$11 billion worth of military equipment to 43 countries in the first 10 months of 2019, the company’s director general revealed. … Read More >Sanctions-busting exports: Russia’s arms sales already exceed $11bn this year

Russia to bring back to life Nigeria’s major steel plant project, abandoned for decades

Posted on November 3, 2019November 3, 2019By Editor

Nigeria wants Russia’s assistance to finally launch its steel plant, Ajaokuta Steel, sometimes called the “bedrock” of the nation’s industrialization, which was almost completed in the 1980s, but has never become operational. … Read More >Russia to bring back to life Nigeria’s major steel plant project, abandoned for decades

Business Middle East

How dare they! Iran signs up to help Syria rebuild power grid days after US sanctioned its ‘terrorist-run’ construction sector

Posted on November 3, 2019November 3, 2019By Editor

Tehran and Damascus have signed a preliminary deal on rebuilding Syria’s power grid at a major electricity expo, which by pure coincidence took place in Iran just as Washington sanctioned its construction sector. … Read More >How dare they! Iran signs up to help Syria rebuild power grid days after US sanctioned its ‘terrorist-run’ construction sector

US concerns over Nord Stream 2 are about fear of losing leverage, not welfare of Europe

Posted on November 2, 2019November 2, 2019By Editor

As the Nord Stream 2 pipeline looms closer to completion, its panicked critics claim it will harm Ukraine and increase the EU’s energy dependence on Russia – which are, in fact, mutually exclusive arguments. … Read More >US concerns over Nord Stream 2 are about fear of losing leverage, not welfare of Europe

Is EU looking to break up Facebook? RT’s Boom Bust delves into the details

Posted on November 2, 2019November 2, 2019By Editor

Social media network Facebook’s policies around political advertising have come under scrutiny lately, and the European Union has said that the company’s online marketplace is “killing competition.” … Read More >Is EU looking to break up Facebook? RT’s Boom Bust delves into the details

Carney’s Green Crypto Currency: Precursor to a Financial Meltdown

Posted on November 1, 2019November 1, 2019By Editor

The momentum pushing for the overhaul of the financial system from its current disorderly state of unbounded speculation (amounting to over $1.5 quadrillion of derivatives) … Read More >Carney’s Green Crypto Currency: Precursor to a Financial Meltdown

US declares ‘resounding victory’ over India in WTO export subsidies dispute

Posted on November 1, 2019November 1, 2019By Editor

The World Trade Organization (WTO) has ruled that some $7 billion in Indian export subsidies violate trade rules and should be halted, upholding an American complaint filed last year and prompting US officials to declare victory. … Read More >US declares ‘resounding victory’ over India in WTO export subsidies dispute