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Russia Today

Russia Today
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RT (formerly, and still popularly, Russia Today), is a Russian 24/7 English-language news channel that launched in December 2005. The network aims to present the world with a Russian point of view and "become Russia's version of the BBC."

Saudi Arabia preventing Iranian oil tankers from entering its waters – report

Riyadh is apparently taking steps to thwart Tehran’s return to the world oil market after the ending of Western sanctions. Iranian oil tankers are being stopped from entering ports in Saudi Arabia and Bahrain, the...

Italian companies looking to do business in Crimea despite sanctions

Undaunted by sanctions, investors from Italy have arrived to Crimea in search of 500 hectares of land to create an agro industrial park on the peninsula. Read...

Saudi Arabia to boost non-oil income by 2020

To ease the burden of lower crude prices, the Saudi government plans to accelerate subsidy cuts and introduce more taxes. The step is intended to raise $100 billion a year by 2020, according to Deputy Crown Prince Mohammed bin Salman cited by Bloomberg.Read moreLast...

Tehran ups oil exports ahead of production freeze talks

Iran’s oil and gas condensate exports exceeded two million barrels a day in March, Iranian oil minister Bijan Zanganeh was cited by the Wall Street Journal. The increase is contrary to the leading oil producers...

Austrian business leader suggests free trade zone from Lisbon to Vladivostok

A top Austrian business leader has criticized anti-Russian sanctions. Christoph Leitl, who heads the Federal Economic Chamber, says they have been unsuccessful for two years, and like a good doctor the EU should reconsider the...

World’s richest banker charged in bribery scheme

Brazilian prosecutors have filed corruption charges against billionaire Joseph Safra for involvement in an alleged scheme to pay off government auditors.The authorities said the financier was not directly involved in...

China proposes $50tn global renewable energy network

The company running China’s power grid is proposing a $50 trillion global electricity network to tackle pollution and climate change. If it goes ahead the network would use advanced renewable solar and wind technology and...

SPIEF 2016: Capitalizing on the new global economic reality

The theme of the 20th St. Petersburg International Economic Forum (SPIEF) 2016 taking place June 16–18 will be capitalizing on the new global economic reality.The organizers have agreed the key...

Saudi Arabia to set up $2tn mega-fund for post oil era

The world’s largest crude exporter Saudi Arabia plans to create a huge sovereign wealth fund for the country’s most prized assets to prepare for a post oil era, said Deputy Crown Prince Mohammed bin Salman...

Ukraine's economy failing due to political crisis – World Bank

Kiev’s political crisis is seriously thwarting efforts to bring Ukraine’s economy back from two years of recession, the World Bank's director for Ukraine Qimiao Fan said on Friday."The current political crisis...