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breakingnews
14.10.2009, 19:30
3 comments
Leading Asian nations are in Beijing to weigh up how to mutually boost their economies, as well as work out how to combat security threats in the region.
14.10.2009, 20:56
4 comments
Vladimir Putin has further added to rumors that the US dollar will no longer be the dominant currency in global trade.
15.09.2009, 09:36
6 comments
The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.
08.02.2010, 03:19
17 comments
For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.
12.03.2010, 21:22
4 comments
Vladimir Putin has concluded his official visit to India. On Friday, the Russian Prime Minister met with the country’s president and prime minister, and took part in an Internet conference with the Indian public.
21.05.2010, 16:13
5 comments
An overemphasis on US-China relations is not the only misleading focus detracting from the root of the problem surrounding the worldwide economy and impairing the track for sustained global recovery.
29.10.2010, 15:51
7 comments
Claims that one of Vladimir Putin’s daughters is engaged to the son of a South Korean retired top brass are false, the prime minister’s spokesman has said.
08.10.2010, 18:11
4 comments
With Finance ministers and heads of the Central banks calling for a halt to the currency wars, experts say commodity rich Russia remains a safe harbor.
13.10.2009, 12:22
6 comments
Prime Minister Vladimir Putin is leading a high-powered delegation to China which is sealing deals worth more than $5 billion in energy, infrastructure and telecoms.
13.10.2009, 21:37
6 comments
Russia’s Prime Minister Vladimir Putin, together with a Russian business delegation, has sealed over 3.5 billion dollars in deals with China on energy, infrastructure and space exploration.
Published: 12 October, 2009, 20:50
Edited: 13 October, 2009, 03:00
Speculation about dropping the dollar as the key trading currency, which would be of interest for the Russia-China partnership, aren’t realistic, said Natalia Zaderey from the Institute of Far Eastern Studies in Moscow.
The dollar is here to stay for the forseeable future. World leaders know that trying to drop the dollar will result in a severe world depression. Even if world leaders choose to keep the dollar strong, the world can still fall into a severe depreciation worse than the world has ever seen when the Chinese bubble busts. The bubble will probably bust within the next two years unless leaders like P. M. Putin take steps to avert the disaster. The question is not if, but when the China bubble busts.