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'Cash is trash', says billionaire investor Ray Dalio

Investors shouldn't miss out on the strength of the current stock market, according to the head of one of the world's largest hedge funds Ray Dalio. He advises people to dump cash for a diversified portfolio. Read Full Article at RT.com
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'Cash is trash', says billionaire investor Ray Dalio

Investors shouldn't miss out on the strength of the current stock market, according to the head of one of the world's largest hedge funds Ray Dalio. He advises people to dump cash for a diversified portfolio. Read Full Article at RT.com

EU carbon tax more about political wrangling than tackling climate change, analysts tell RT

The new European Commission president has been trying to make fighting climate change the hallmark of her presidency. However, her proposals could further split the bloc and backfire, hurting the EU itself, analysts believe. Read Full Article at RT.com
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EU carbon tax more about political wrangling than tackling climate change, analysts tell RT

The new European Commission president has been trying to make fighting climate change the hallmark of her presidency. However, her proposals could further split the bloc and backfire, hurting the EU itself, analysts believe. Read Full Article at RT.com

Starbucks shutters shops in China's Hubei Province amid coronavirus outbreak

Starbucks has shut down all shops and halted delivery services in China's Hubei Province, as health officials scramble to contain a deadly coronavirus that originated from the provincial capital, Wuhan. Read Full Article at RT.com
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Starbucks shutters shops in China's Hubei Province amid coronavirus outbreak

Starbucks has shut down all shops and halted delivery services in China's Hubei Province, as health officials scramble to contain a deadly coronavirus that originated from the provincial capital, Wuhan. Read Full Article at RT.com

McDonald's shuts down restaurants in five Chinese cities as coronavirus spreads

Fast food chain McDonald's has announced it will halt operations in five cities in China's Hubei province, where the new deadly coronavirus is believed to originate. The suspension comes into effect on Friday. Read Full Article at RT.com
RT Business

McDonald's shuts down restaurants in five Chinese cities as coronavirus spreads

Fast food chain McDonald's has announced it will halt operations in five cities in China's Hubei province, where the new deadly coronavirus is believed to originate. The suspension comes into effect on Friday. Read Full Article at RT.com

McDonald's reportedly shuts down restaurants in five Chinese cities as coronavirus spreads

Fast food chain McDonald's has announced it will halt operations in five cities in China's Hubei province, where the new deadly coronavirus is believed to originate. The suspension reportedly comes into force on Friday. Read Full Article at RT.com
RT Business

McDonald's reportedly shuts down restaurants in five Chinese cities as coronavirus spreads

Fast food chain McDonald's has announced it will halt operations in five cities in China's Hubei province, where the new deadly coronavirus is believed to originate. The suspension reportedly comes into force on Friday. Read Full Article at RT.com

Russian gas exports helping Asia & Europe to transition to cleaner energy – Kirill Dmitriev

Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev. Read Full Article at RT.com
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Russian gas exports helping Asia & Europe to transition to cleaner energy – Kirill Dmitriev

Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev. Read Full Article at RT.com

‘Nobody is disrupting world trade more than Trump and the US,’ Professor Wolff tells Boom Bust

US President Donald Trump complained this week at the World Economic Forum in Davos that the United States has not been “treated fairly” by the World Trade Organization (WTO). Read Full Article at RT.com
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‘Nobody is disrupting world trade more than Trump and the US,’ Professor Wolff tells Boom Bust

US President Donald Trump complained this week at the World Economic Forum in Davos that the United States has not been “treated fairly” by the World Trade Organization (WTO). Read Full Article at RT.com

Deal with OPEC helps Russia double its National Wealth Fund

The agreement between Russia and the Organization of the Petroleum Exporting Countries (OPEC) to cut oil output has brought huge benefits to the entire Russian economy and its National Wealth Fund (NWF). Read Full Article at RT.com
RT Business

Deal with OPEC helps Russia double its National Wealth Fund

The agreement between Russia and the Organization of the Petroleum Exporting Countries (OPEC) to cut oil output has brought huge benefits to the entire Russian economy and its National Wealth Fund (NWF). Read Full Article at RT.com

Goldman: China coronavirus could push oil down by $3

The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd, which would translate into a price drop of almost $3 per barrel, Goldman Sachs has said. Read Full Article at RT.com
RT Business

Goldman: China coronavirus could push oil down by $3

The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd, which would translate into a price drop of almost $3 per barrel, Goldman Sachs has said. Read Full Article at RT.com

Tesla becomes biggest automaker in US history by market cap despite struggling to scratch out a profit

Electric car maker Tesla became the first $100 billion publicly listed US carmaker on Tuesday. It eclipsed the combined value of US auto giants General Motors and Ford, despite generating far less revenue than its competitors. Read Full Article at RT.com
RT Business

Tesla becomes biggest automaker in US history by market cap despite struggling to scratch out a profit

Electric car maker Tesla became the first $100 billion publicly listed US carmaker on Tuesday. It eclipsed the combined value of US auto giants General Motors and Ford, despite generating far less revenue than its competitors. Read Full Article at RT.com

US sanctions helped Russia to boost oil exports in 2019

Exports of Russian crude surged last year, with shipments to the US increasing threefold, as Washington tightened sanctions against a number of countries, the Russian Ministry of Economic Development has said. Read Full Article at RT.com
RT Business

US sanctions helped Russia to boost oil exports in 2019

Exports of Russian crude surged last year, with shipments to the US increasing threefold, as Washington tightened sanctions against a number of countries, the Russian Ministry of Economic Development has said. Read Full Article at RT.com

Boeing stock crashes after plane maker halts production of troubled 737 MAX

Shares in aerospace giant Boeing fell by almost six percent following reports that regulators plan to keep the company's fleet of troubled 737 MAX airplanes grounded until June or July, months later than originally expected. Read Full Article at RT.com
RT Business

Boeing stock crashes after plane maker halts production of troubled 737 MAX

Shares in aerospace giant Boeing fell by almost six percent following reports that regulators plan to keep the company's fleet of troubled 737 MAX airplanes grounded until June or July, months later than originally expected. Read Full Article at RT.com

Trump urges Europe to buy American natural gas to ensure their energy security

European countries should rely on US gas imports to ensure their energy security, US President Donald Trump announced at the World Economic Forum in Davos. Read Full Article at RT.com
RT Business

Trump urges Europe to buy American natural gas to ensure their energy security

European countries should rely on US gas imports to ensure their energy security, US President Donald Trump announced at the World Economic Forum in Davos. Read Full Article at RT.com

New countries may join BRICS in future, says Russian Deputy FM

The group of five emerging economies known as BRICS (Brazil, Russia, India, China, and South Africa) needs to cooperate more, according to Russia’s Deputy Foreign Minister Sergei Ryabkov. Read Full Article at RT.com
RT Business

New countries may join BRICS in future, says Russian Deputy FM

The group of five emerging economies known as BRICS (Brazil, Russia, India, China, and South Africa) needs to cooperate more, according to Russia’s Deputy Foreign Minister Sergei Ryabkov. Read Full Article at RT.com

Pakistan cracks down on wheat hoarders in response to soaring flour prices

A “grand operation” has been ordered by Pakistan’s Prime Minister Imran Khan against wheat hoarders and profiteers to relieve a shortage of flour supplies. Read Full Article at RT.com
RT Business

Pakistan cracks down on wheat hoarders in response to soaring flour prices

A “grand operation” has been ordered by Pakistan’s Prime Minister Imran Khan against wheat hoarders and profiteers to relieve a shortage of flour supplies. Read Full Article at RT.com

Russian mining giant Nornickel shares hit record high on soaring palladium prices

Shares of Russian metals company Nornickel (Norilsk Nickel) surged 2.25 percent on Monday during trading on the Moscow Exchange, hitting an all-time high. Read Full Article at RT.com
RT Business

Russian mining giant Nornickel shares hit record high on soaring palladium prices

Shares of Russian metals company Nornickel (Norilsk Nickel) surged 2.25 percent on Monday during trading on the Moscow Exchange, hitting an all-time high. Read Full Article at RT.com

Indian jewelers say dropping import duties on Russian diamonds will boost bilateral trade

New Delhi is considering signing a bilateral agreement with Russia to reduce import duties on processed diamonds and jewelry, the chairman of the country’s Gem & Jewelry Export Promotion Council (GJEPC), Sanjay Shah, said. Read Full Article at RT.com
RT Business

Indian jewelers say dropping import duties on Russian diamonds will boost bilateral trade

New Delhi is considering signing a bilateral agreement with Russia to reduce import duties on processed diamonds and jewelry, the chairman of the country’s Gem & Jewelry Export Promotion Council (GJEPC), Sanjay Shah, said. Read Full Article at RT.com

Richest 1% owns more than TWICE as much wealth as 6.9 billion people – Oxfam

A super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. Read Full Article at RT.com
RT Business

Richest 1% owns more than TWICE as much wealth as 6.9 billion people – Oxfam

A super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. Read Full Article at RT.com

Richest 1 % own more than TWICE as much wealth as 6.9 billion people - Oxfam

A super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. Read Full Article at RT.com
RT Business

Richest 1 % own more than TWICE as much wealth as 6.9 billion people - Oxfam

A super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. Read Full Article at RT.com

China’s AI industry will be worth $30 BILLION by 2022

The artificial intelligence (AI) industry is growing steadily in China as Beijing aims to become the leader in the technology by 2030. Read Full Article at RT.com
RT Business

China’s AI industry will be worth $30 BILLION by 2022

The artificial intelligence (AI) industry is growing steadily in China as Beijing aims to become the leader in the technology by 2030. Read Full Article at RT.com

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