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Oct 23, 2020 10:22
A new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked the trend.
- Huawei’s revenue growth slows sharply as Covid-19 & US sanctions bite
Chinese telecoms giant Huawei said the company’s revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted its business.Oct 23, 2020 12:29 - Stock market could well be off to the races again soon, technical analyst tells Boom BustAs the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT’s Boom Bust explores what effect the turbulent talks might have on stock market performance.Oct 23, 2020 13:57
- Britain seals first major post-Brexit free trade deal with JapanLondon and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion).Oct 23, 2020 08:44
- OPEC+ crude production cuts could be extended – PutinRussia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin.Oct 23, 2020 10:18
- Stock market could well be off to the races again soon, technical analyst tells Boom BustAs the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT’s Boom Bust explores what effect the turbulent talks might have on stock market performance.Oct 23, 2020 13:57
- Huawei’s revenue growth slows sharply as Covid-19 & US sanctions biteChinese telecoms giant Huawei said the company’s revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted its business.Oct 23, 2020 12:29
- Chinese & Indian households getting richer during Covid pandemic while wealth in US declines – Credit SuisseA new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked the trend.Oct 23, 2020 10:22
- OPEC+ crude production cuts could be extended – PutinRussia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin.Oct 23, 2020 10:18
- Britain seals first major post-Brexit free trade deal with JapanLondon and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion).Oct 23, 2020 08:44
- Hong Kong slaps Goldman Sachs with record fine over looting of Malaysia’s state fundGoldman Sachs (Asia) has been fined $350 million by Hong Kong’s Securities and Futures Commission (SFC) for its role in a multibillion-dollar scandal that involved top Malaysian officials, including its former prime minister.Oct 22, 2020 14:54
- British Airways facing increasing losses as Covid-19 restrictions batter travel demandCash-strapped International Airlines Group (IAG), which operates British Airways, has been forced to cut its flight schedule for the rest of the year as the coronavirus lockdowns continue to restict travel.Oct 22, 2020 14:42
- US economy looks to be on indefinite life support from government, Professor Wolff tells Boom BustThe US is facing a very serious economic downturn and the current “political bickering” about new stimulus measures isn’t doing any good for the American people, Professor Richard Wolff told RT’s Boom Bust.Oct 22, 2020 10:36
- We’re moving from the American century to a Chinese century – Max KeiserThe hosts of RT’s Keiser Report note that global perception in advanced economies has shifted so that China is seen as the world’s number one economic power.Oct 22, 2020 10:19
- Silver investment demand nearly triples during year of pandemicData by the Silver Institute shows that global silver-backed Exchange-Trade Products’ holdings rose by 297 million ounces through the first three quarters of 2020, nearly tripling the growth seen during the same period last year.Oct 22, 2020 09:13
- US dollar on path to ‘significant depreciation’ over next few years, Standard Chartered warnsAnother gloomy prediction for the fate of the greenback has been voiced by an analyst at Standard Chartered Bank, who warned that the dollar is heading for “a multi-year depreciation,” given its weak sovereign fundamentals.Oct 22, 2020 08:57
- Russia warns of consequences of US sanctions against Nord Stream 2If Washington proceeds with sanctions against the Russia-led natural gas pipeline, Nord Stream 2, it will hurt a wide range of Western contractors and investors involved in the undertaking, the project operator has warned.Oct 22, 2020 06:38
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- Boom BustThe boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream...Barring Huawei in Brazil? & PayPal goes big on bitcoinThe United States is continuing its tech war against Chinese telecom giant Huawei, this time looking to bar the 5G behemoth from a new frontier. On the program, we bring you up to speed on the fight as the US looks to ax Huawei's development in...
- Keiser ReportMarkets! Finance! Scandal! Keiser Report is a no holds barred look at the shocking scandals...A new Bretton Woods with China as #1 power (E1609)Max and Stacy note that global perception in advanced economies has shifted such that China is seen as the world’s number one economic power. At the same time, Goldman Sachs is suggesting clients short the dollar and buy silver as Joe Biden...
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