Certain political forces in Greece that campaigned for ‘No’ at the referendum won’t be satisfied with the outcome of the negotiations so we should expect to see political changes, says Dr. Harry Konstantinidis of the University of Massachusetts.
Oil prices continued to slide Tuesday with the Russian ruble as Iran and six world powers reached a conclusive deal on Iran’s nuclear program. The deal comes into force in 90 days after UN Security Council ratification.
Decisions taken in Brussels were without the participation of the Greek people, that’s why they are irrelevant. Greece has been basically mortgaged, says Leonidas Chrisanthopoulos, a former Greek ambassador.
Seventeen hours of talks, more than five months of tough negotiations between Greece and its international creditors… And a crucial accord seems to be found. RT explains the deal and what is in store for Greece.
The International Monetary Fund has warned Ukraine against the adoption of the new fiscal law package which it claims could “significantly undermine the progress” made in correcting the country’s “economic imbalances.”
The European Commission should have adjusted the economic activity of Greece before the crisis, Russian President Putin has said, adding that the EU shouldn’t have issued such high bonuses and loans to the debt ridden country.
BRICS is gaining momentum as an increasingly effective organization and its New Development Bank is likely to become new source of funding for the current infrastructure gap, South Africa’s Trade and Industry Minister Rob Davies told RT.