Business – Page 144 – THE OVAL CIRCLE

Sales of Russian wheat keep surging amid gloomy export forecasts

Posted on January 24, 2021January 24, 2021By Editor

Russia has sold 26.3 million tons of wheat since the beginning of July 2020 through January 14 2021, marking a 22.6 percent surge against the same period a year ago, the latest data by the country’s agricultural ministry shows. … Read More >Sales of Russian wheat keep surging amid gloomy export forecasts

Business

Cost of sanctions: German industry hit hard by anti-Russia measures, survey shows

Posted on January 24, 2021January 24, 2021By Editor

Around a half of German businesses polled by one of the nation’s largest economic think tanks, the Ifo Institute, want the EU to lift sanctions against Russia, as the restrictions have hit the German industrial sector hard. … Read More >Cost of sanctions: German industry hit hard by anti-Russia measures, survey shows

Business

Russian gas supplies to Europe via Nord Stream pipeline hit record highs

Posted on January 23, 2021January 23, 2021By Editor

Russia pumped 59.2 billion cubic meters of natural gas through the Nord Stream pipeline in 2020, bringing exports via the offshore gas link between Russia and Europe to the highest level ever. … Read More >Russian gas supplies to Europe via Nord Stream pipeline hit record highs

Business

US stock market bubble may pop soon after Wall Street’s coronavirus bonanza, Bank of America warns

Posted on January 23, 2021January 23, 2021By Editor

The second-largest US lender, Bank of America, has warned that the “extreme rally” seen after the market crash triggered by the pandemic formed a bubble in asset prices, and it could be about to burst. … Read More >US stock market bubble may pop soon after Wall Street’s coronavirus bonanza, Bank of America warns

Business

Russia slashes its foreign debt by $21.3 billion in 2020

Posted on January 23, 2021January 23, 2021By Editor

Russia’s foreign debt dropped $21.3 billion and totaled $470.1 billion as of January 1, according to the latest data revealed by the central bank. … Read More >Russia slashes its foreign debt by $21.3 billion in 2020

Business

India hopes to import more Iranian, Venezuelan crude under Biden

Posted on January 23, 2021January 23, 2021By Editor

India hopes it could diversify its oil suppliers under the new US Administration that could relax restrictions on oil exports from Iran and Venezuela, India’s Oil Minister Dharmendra Pradhan told Bloomberg TV in an interview. … Read More >India hopes to import more Iranian, Venezuelan crude under Biden

Business

Work-from-home option leaving big cities nearly empty, as RT’s Boom Bust discovers

Posted on January 23, 2021January 23, 2021By Editor

San Francisco is now struggling with a mass exodus of tech workers due to the Covid-19 pandemic, with city leaders warning that this will have a severe economic impact. … Read More >Work-from-home option leaving big cities nearly empty, as RT’s Boom Bust discovers

Business

Silk Road trade on track: Freight train sets off from China to Russia, drastically cutting travel time

Posted on January 21, 2021January 21, 2021By Editor

A special China-Europe freight train departed from Dongguan in South China’s Guangdong province to Russia on Wednesday. It will arrive in Moscow within 15 days, cutting the travel time by two-thirds compared with the sea route. … Read More >Silk Road trade on track: Freight train sets off from China to Russia, drastically cutting travel time

Business

Bitcoin sell-off wipes out $100 billion from crypto market in just two days

Posted on January 21, 2021January 21, 2021By Editor

The total market value of all cryptocurrencies has lost about $100 billion over the past 48 hours, after the world’s top digital asset, bitcoin, slumped around 10 percent as crypto fever cooled off. … Read More >Bitcoin sell-off wipes out $100 billion from crypto market in just two days

Business

After drawn out case, ECHR rejects Georgia’s claims of Russian Human Rights violations during 2008 war

Posted on January 21, 2021January 21, 2021By Editor

After 12 years of legal proceedings, the European Court of Human Rights has ruled that Russia cannot be held responsible for incidents that occurred during the 2008 war in South Ossetia and Abkhazia, rejecting Georgia’s claims. … Read More >After drawn out case, ECHR rejects Georgia’s claims of Russian Human Rights violations during 2008 war