Business
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
Global GDP growth to be lowest for decades – World Bank
The world economy is expected to decline for a third straight year and may face a decade of “wasted opportunity,” the World Bank says
Ecuador tightens security at energy facilities
State-run oil producer Petroecuador has placed its facilities under special control amid internal unrest
Russia names main threat to global economy
US government debt and the budget deficit present the biggest threat to the global economy in 2024, Roscongress has said
EU dips further into emergency gas reserves
Natural gas supplies in the EU’s underground reservoirs are shrinking due to soaring consumption amid colder weather, data shows
World Bank issues new Russian GDP forecasts
The Russian economy is expected to continue growing in 2024 and 2025 due to government support
Germany likely in recession – Bloomberg
Dwindling global demand, soaring interest rates and high energy costs are weighing on Germany’s economic growth, data shows
UK Christmas retail sales nosedive – report
The cost-of living-crisis has sent British consumption plummeting, according to a trade body
She-wolf of Wall Street: Nancy Pelosi’s $5mn stock market gamble
Former US House Speaker Nancy Pelosi steps back into the trading arena with a bold $5 million investment in Nvidia
Caribbean nation to hike fuel prices by 500%
Fuel prices in Cuba will jump five-fold as of February 1, as the government drops state subsidies amid the economic crisis
Russian tycoon predicts oil price crash
Global oil markets are heading for a crash that will bring crude down 20% this year, businessman Oleg Deripaska predicts
Boeing stock down as MAX fleet grounded
Boeing shares plummeted 8% after the US Federal Aviation Administration temporarily suspended flights of Boeing 737 MAX 9 aircraft
China could trigger global trade war – Bloomberg
Beijing’s increased focus on manufacturing and its soaring exports risk are creating trade tensions, Bloomberg analysts warn
Russia will contain inflation this year - Bloomberg
Consumer price index inflation will lower in Russia this year to nearly meet the government target, Bloomberg has predicted
Russia and Iran ditch SWIFT
Russia and Iran have set up a system for interbank transfers, sidestepping SWIFT, according to the deputy head of the Central Bank of Iran
German farmers block roads nationwide (VIDEOS)
Farmers in Germany are rallying for a week of protests against agricultural subsidy cuts