Washington uses sanctions to punish and isolate any nation that dares stand up against America’s interest, Daniel Shaw of the Answer Coalition told RT following US President Barack Obama signing a decree that allows imposing further penalties on Russia.
Like a leveraged Sisyphus, the Greek economy finds itself unable to push up the hill. The increasingly toxic euro effect is precluding the chances of a meaningful Greek rebound from its great depression.
Almost 25 percent of England’s streetlights have been dimmed or switched off since 2010 as local councils under government minister Eric Pickles, dubbed the “Minister for Darkness,” have been pressured into carrying out crippling spending cuts.
The Russian economy cannot be fully excluded from the global monetary system, attempts to do so along with imposing more sanctions, will lead to a further fall in the ruble and a financial crisis similar to 2008, economic analyst Michael Mross told RT.
China’s foreign minister has pledged support to Russia as it faces an economic downturn due to sanctions and a drop in oil prices. Boosting trade in yuan is a solution proposed by Beijing’s commerce minister.
German companies doing business with Russia are suffering from the weak ruble, as one in three companies will have to fire employees or cancel its projects, the managing director of the Association of German Chambers of Industry and Commerce warned.
Car dealers in the Russian capital ran out of stock, as customers were buying Porsches, Lamborghinis and BMWs in unusually large numbers, despite growing price tags. The influx was prompted both by holiday spirits and ruble devaluation, experts say.
Irish health authorities sought legal counsel Thursday night about whether a clinically dead pregnant woman, who had suffered catastrophic brain damage, should be kept on a life support machine to save her unborn baby.
Russia’s economic crash, driven by the plunging price of oil and tough Western sanctions, is prompting well-off Russian investors to abandon London’s property market. Money from super-wealthy Russian oligarchs, however, continues to flow into Britain.
President Putin has not disclosed his future strategic plans during the annual Q&A since to surprise international markets one should always have an ace up the sleeve, French economist Jacque Sapir told RT.