Economy – Page 82 – THE OVAL CIRCLE

Every cloud? Trade minister Manturov says major collapse in value of ruble this year has been ‘awesome’ for Russian business

Posted on October 18, 2020October 18, 2020By Editor

With the value of his currency down over 20 percent since January, you’d have thought Russia’s trade minister would be worried. On the contrary, Denis Manturov has called it “awesome,” lauding its benefits for many businesses. … Read More >Every cloud? Trade minister Manturov says major collapse in value of ruble this year has been ‘awesome’ for Russian business

Shows

Twin-demic season: Covid & flu collide

Posted on October 17, 2020October 17, 2020By Editor

As dozens of states report upticks in Covid cases while we hurtle toward flu season, it’s become clear the “twin-demic” that experts have warned us about is becoming a reality. Dr Joe Alton stresses the importance of getting your flu shot, and breaks down how best to decipher “Covid-like” symptoms, including red flags to look for before seeking treatment … Read More >Twin-demic season: Covid & flu collide

Business

China’s exports & imports hit record highs as economy recovers from Covid-19

Posted on October 14, 2020October 14, 2020By Editor

China’s economic recovery continued to gain momentum last month, with exports posting the strongest performance in more than a year and imports soaring at the fastest pace since the start of the coronavirus pandemic. … Read More >China’s exports & imports hit record highs as economy recovers from Covid-19

Business

How Huawei survives on European market despite Trump’s pressure – RT’s Boom Bust investigates

Posted on October 14, 2020October 14, 2020By Editor

Washington has ramped up pressure against Huawei to shut down the Chinese telecom giant’s 5G reach worldwide. However, the attempt to block Huawei from accessing semiconductors is failing in parts of Europe. … Read More >How Huawei survives on European market despite Trump’s pressure – RT’s Boom Bust investigates

Business

Saudi Arabia opens its market for more Russian exports

Posted on October 14, 2020October 14, 2020By Editor

As Russia seeks to expand exports to Persian Gulf states, more of the country’s producers have been granted access to one of the major markets of the region, Saudi Arabia, according to Russia’s agricultural watchdog. … Read More >Saudi Arabia opens its market for more Russian exports

Business

US killing dollar with addiction to ‘ever-increasing doses of monetary heroin’ – Peter Schiff

Posted on October 14, 2020October 14, 2020By Editor

Stock markets tanked as US President Donald Trump abandoned stimulus talks until after the election. Trump is now in the process of out-Democrating the Democrats on the stimulus issue, economist Peter Schiff says. … Read More >US killing dollar with addiction to ‘ever-increasing doses of monetary heroin’ – Peter Schiff

Business

US cash infusions led to the rise of zombie companies – RT’s Keiser Report

Posted on October 12, 2020October 12, 2020By Editor

As the US government pumped trillions of dollars into the economy in an attempt to mitigate the impact of Covid-19, the government aid is turning more and more firms into “zombies,” RT’s Keiser Report found out. … Read More >US cash infusions led to the rise of zombie companies – RT’s Keiser Report

Business

Russian car sales rebound again as coronavirus continues to push European auto markets down

Posted on October 12, 2020By Editor

Demand for new cars rose in Russia last month, with sales surging as much as 3.4 percent compared to the same period last year, while growing coronavirus uncertainties still affect the auto industry in many European countries. … Read More >Russian car sales rebound again as coronavirus continues to push European auto markets down

Business

Tens of trillions of dollars are siphoned offshore & put into secret private bank accounts, analyst tells RT’s Keiser Report

Posted on October 9, 2020October 9, 2020By Editor

The new episode of Keiser Report looks into how economic value has lost all meaning, when the market is fake and the Federal Reserve’s free money is used for leveraged buyouts of the entire economy. … Read More >Tens of trillions of dollars are siphoned offshore & put into secret private bank accounts, analyst tells RT’s Keiser Report

Business

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

Posted on October 7, 2020October 7, 2020By Editor

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

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