Business
Russia preparing legal battle over frozen reserves
Moscow is considering options for a legal challenge if Western nations move ahead with idea of seizing its frozen reserves
'Russia has a good future': Legendary investor still bullish on country's market
Renowned investor Jim Rogers remains steadfast on Russian stocks’ growth potential despite geopolitical uncertainties
US budget deficit tops half a trillion
US government debt has passed $34 trillion as the budget deficit surged to nearly $130 billion in December
Argentina permitted to tap IMF bailout
The IMF has finalized an agreement to unblock $4.7 billion for Argentina as part of a debt restructuring plan
UK reveals massive nuclear power expansion plan
Britain intends to build a new fleet of reactors and produce an advanced uranium fuel currently only being made in Russia
Russia’s oil industry resilient to Western sanctions – Bloomberg
Russia did the most drilling at oil fields in more than a decade last year despite the exodus of Western service providers, Bloomberg says
Eurozone likely in recession – ECB
The euro area’s economy stagnated for much of last year and likely shrank at the end of 2023, official statistics show
Russian economy biggest in Europe – Putin
Russia’s GDP may have grown more than 4% in 2023, according to President Vladimir Putin
Subway sponsoring war – Ukraine
Ukraine’s anti-corruption agency has designated the fast-food franchise Subway a “sponsor of war” for continuing to operate in Russia
Putin blasts ‘super liberal’ economics
Russia’s regions need an individual approach and targeted incentives to reach their full economic potential, President Vladimir Putin says
US buying Russian oil despite import ban – media
Washington imported more than $700,000-worth of Russian crude in November despite ban, RBK reports, citing government data
‘Worthless’ Bitcoin a tool for criminals – JPMorgan boss
Cryptocurrencies are only suitable for illegal activities like money laundering and tax avoidance, Jamie Dimon says
Car sales in Russia give China edge over Japan
A record number of Chinese vehicles were sold overseas last year, according to a major industry group
Intel announces specialized AI chips for cars
US chipmaker Intel will roll out an AI-focused chip for the automotive sector later this year, the company has announced
More forests planted than cut down in Russia – industry boss
Russian timber exports to China will not lead to deforestation, the forestry authority has said
Prosperity or ruin? Here's what to expect from the global economy in 2024
RT’s financial market analyst makes his bold predictions for the new year