Currency war can end global US dollar dominance & those who own gold have power
June 25, 2018 at 03:15 PM
The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told RT. With geopolitical power shifting from West to East, US dominance may be ending. Read More »
China is and will continue to be Russia’s number one foreign trade partner, says Putin
June 08, 2018 at 03:01 PM
Trade between Russia and China has been steadily growing and accelerated in the first months of this year, according to Russian President Vladimir Putin. Read More »
Putin warns of financial crisis the world ‘has not yet seen’
May 28, 2018 at 10:32 PM
The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work. Read More »
Indonesia will shield public from 'big shock' as oil prices jump - fin min
May 23, 2018 at 01:25 PM
JAKARTA (Reuters) - The Indonesian government will protect the public from any “big shock” from soaring global oil prices by raising subsidies, its finance minister said on Tuesday. Read More »
US & China put trade war ‘on hold,’ agree more talks
May 21, 2018 at 03:34 PM
The US-China trade war is “on hold” after the world’s two largest economies agreed to stop threatening new tariffs ahead of further negotiations on a wider trade deal. Read More »
Bank Indonesia hikes key interest rate to boost fragile rupiah
May 18, 2018 at 03:50 PM
JAKARTA (Reuters) - Indonesia’s central bank on Thursday hiked its benchmark interest rate for the first time since November 2014, as expected, in a bid to bolster the fragile rupiah. Read More »
US Economists Warn Trump Against Dragging Country Into Next 'Great Depression'
May 11, 2018 at 10:13 AM
Since January, the US has raised import tariffs on a range of foreign goods inviting strong criticism from the EU and China which have threatened to take retaliatory measures. Read More »
China's top oil company Sinopec cuts Saudi crude imports
May 07, 2018 at 02:40 PM
China’s Sinopec will cut its June imports of crude from Saudi Arabia by 40 percent for the second month in a row because of unjustified high prices, an official from the top Asian refiner, Unipec, told Reuters. Read More »
Global debt balloons to all-time high of $164 trillion
May 02, 2018 at 03:09 PM
The world is now 12 percent of GDP deeper in debt than it was at the peak of the financial crisis in 2009, says the International Monetary Fund (IMF). China was described as a “driving force” behind the new debt levels. Read More »
If you want to preserve your wealth, buy physical gold – precious metals expert to RT
April 30, 2018 at 10:23 AM
Gold, which is traditionally seen as a safe haven, is usually subject to the whims of supply and demand. Its value changes quickly, pushing the bullion price to extremely high levels at times. Read More »
