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  • Germany at risk of deindustrialization – Bloomberg

    RT - Aug 19th 2022 6:06am EDT

    Soaring power prices may trigger an exodus of factories from the country A large-scale power crunch could seriously jeopardize the German industrial sector as the country’s producers of car parts, chemicals and steel struggle with energy prices that are hitting new highs almost every day, Bloomberg reported on Friday. “Energy inflation is way more dramatic […]

  • Putin and Xi to attend G20 summit, host nation says

    RT - Aug 19th 2022 4:51am EDT

    Indonesia claims that the leaders of Russia and China have confirmed that they’ll attend the event in person Indonesian President Joko Widodo has said that Russia’s leader Vladimir Putin and his Chinese counterpart Xi Jinping have confirmed that they’ll be personally attending the G20 summit in Bali this November. “Xi Jinping will come. President Putin […]

  • Top German politician makes Nord Stream 2 plea

    RT - Aug 19th 2022 4:47am EDT

    Berlin should certify the gas pipeline from Russia to ensure there’s enough winter fuel, the Bundestag vice speaker said Germany should certify the Nord Stream 2 gas pipeline and use it to get enough fuel from Russia to get through the upcoming cold season, Wolfgang Kubicki, the deputy speaker of the German parliament, said. The […]

  • US prepares more military aid for Ukraine – media

    RT - Aug 19th 2022 2:55am EDT

    Kiev will receive another $800 million from Washington, sources tell Reuters  The US is preparing another military aid package of around $800 million to support Ukraine in its conflict with Russia, sources told Reuters on Thursday. President Joe Biden could officially announce the decision on Friday or at some point next week, the officials, who […]

  • More EU firms face bankruptcy – Eurostat

    RT - Aug 19th 2022 2:46am EDT

    The number of petitions for insolvency has grown for a fourth consecutive quarter The number of bankruptcy declarations in the EU increased by 2.2% in the April-June period of 2022, the latest data from the European statistics agency Eurostat shows. “In the second quarter of 2022, the seasonally adjusted number of declarations of bankruptcies increased […]

  • Commodity firms buckling under energy crisis – Bloomberg

    RT - Aug 19th 2022 2:24am EDT

    Metals, fertilizer sectors are struggling as energy costs surge, says report The worsening energy crisis is piling pressure on vital commodities industries across the globe, Bloomberg reported on Thursday. According to the article, energy-intensive sectors such as steel, fertilizers and aluminum are being forced to close factories or pass on soaring costs. The situation could […]

  • North Korea furiously rejects Seoul’s ‘absurd’ offer

    RT - Aug 19th 2022 1:10am EDT

    Kim Jong-un’s sister said the South Korean leader should ‘shut his mouth’ and stop ‘talking nonsense’ Kim Yo Jong, the sibling of North Korean leader Kim Jong-un and a senior official in the country’s ruling party, has dismissed a proposal of economic aid from Seoul in exchange for abandoning its nuclear arsenal, calling the idea […]

  • Apple admits critical bugs in iPhones and Macs

    RT - Aug 19th 2022 1:03am EDT

    The tech giant has acknowledged that security flaws may have been “actively exploited” by hackers Apple has reported major security loopholes in some iPhones, iPads and Macs which could allow malicious actors to hijack users’ devices. The firm issued two security reports on Wednesday describing the vulnerabilities patched by its latest software updates, and admitting it is […]

  • Two planes collide midair

    RT - Aug 18th 2022 11:15pm EDT

    The lethal crash occurred in California over a public airfield with no traffic control towers A midair collision over a small airstrip in California has killed multiple people, with officials saying the crash took place at a low altitude as two planes attempted to land simultaneously. An official account of the city of Watsonville, California […]

  • Beijing reacts to ‘ambitious’ US plan for Taiwan

    RT - Aug 18th 2022 10:31pm EDT

    A senior Chinese official accused Taiwan of “colluding with external forces” China has denounced upcoming trade negotiations between the United States and Taiwan in no uncertain terms, urging the two sides to call off the plans after Washington set out “broad objectives” for future deals with the island. Briefing reporters on Thursday, a spokesman for China’s […]

  • Erdogan to brief Putin on talks with Zelensky

    RT - Aug 18th 2022 6:26pm EDT

    Turkish president met with the Ukrainian leader and UN Secretary General Antonio Guterres Following his trilateral talks with Vladimir Zelensky and UN Secretary General Antonio Guterres in Lviv on Thursday, Turkish President Recep Tayyip Erdogan reiterated that Ankara is seeking to act as a mediator to help bring an end to the conflict in Ukraine […]

  • Italian FM accuses Moscow of election meddling

    RT - Aug 18th 2022 2:56pm EDT

    Luigi Di Maio accused former Russian President Medvedev of election ‘interference’ over a Telegram post Italy’s foreign minister Luigi Di Maio has accused Russia of attempting to meddle in its upcoming September 25 snap elections, after former Russian President Dmitry Medvedev called on Europeans to vote out “moronic” politicians. On Thursday, Di Maio slammed what […]

  • UN warns against ‘suicide’ attacks on Zaporozhye nuclear plant

    RT - Aug 18th 2022 1:50pm EDT

    The UN chief said Zaporozhye must become a “purely civilian infrastructure” to ensure the safety of the area UN Secretary General Antonio Guterres has expressed support for an International Atomic Energy Agency (IAEA) mission to visit the Zaporozhye nuclear plant in Russian-controlled territory of Ukraine, but said the trip can happen only if both Moscow […]

  • WHO updates Covid-19 booster advisory

    RT - Aug 18th 2022 1:31pm EDT

    Second booster shot only recommended for people at risk, says WHO vaccine adviser The Strategic Advisory Group of Experts (SAGE) on Immunization has issued a recommendation regarding Covid-19 booster shots on Thursday, saying that only specific groups of people should be offered a second jab after their initial vaccination and one booster dose. Speaking during […]

  • Ukraine conflict could end Western hegemony – Hungary

    RT - Aug 18th 2022 12:50pm EDT

    Prime Minister Viktor Orban says he doesn’t believe the West can win militarily in Ukraine and argues that sanctions are failing The deadly conflict in Ukraine has the potential to “demonstratively” put an end to Western hegemony globally, Hungarian Prime Minister Viktor Orban has claimed. In an interview with German online magazine Tichys Einblick, published […]

  • China ramps up gold buying – Bloomberg

    RT - Aug 18th 2022 12:34pm EDT

    Imports from Switzerland have jumped to their highest level since 2016 China shipped in more than 80 tons of gold from Switzerland last month, Bloomberg reported on Thursday, citing data from the Swiss Federal Customs Administration. The volume is reportedly more than double the June total, and eight times more than in May. The surge […]

  • Yuan trounces dollar on Moscow Exchange

    RT - Aug 18th 2022 11:09am EDT

    Western sanctions accelerate Russia’s pivot east Yuan-ruble trading has outpaced the dollar-ruble pairing for the first time, according to Moscow Exchange data. The amount of trade in the yuan-ruble pair reached 45.37 billion rubles ($756 million) as of 11:26 GMT compared to dollar-ruble trading that amounted to 43.7 billion rubles ($729 million).  Meanwhile, traded value […]

  • EU weighs in on visa restrictions for Russians

    RT - Aug 18th 2022 11:08am EDT

    An official has explained that no member state has so far ceased issuing visas “completely” The European Commission is deciding on a “coordinated approach” regarding Russian visa bans, but so far, no EU member state has fully ceased issuing visas to Russian citizens, a spokesperson has said. During a press briefing in Brussels on Thursday, […]

  • UK consumer spending plunges – report

    RT - Aug 18th 2022 10:19am EDT

    Britons are cutting back on credit and debit card charging, official data shows British consumer credit and debit card spending fell sharply over the past week, according to data released on Thursday by the Office for National Statistics (ONS). Spending was reportedly seven percentage points lower in the week to August 11 than in the […]

  • What’s behind the surge in America’s youth crime?

    RT - Aug 18th 2022 9:20am EDT

    Bereft of two crucial authority figures – their fathers and the police, youngsters struggle to find their place A disturbing trend is on the rise in the US, where violent crimes are being perpetrated by some of the youngest members of society. But given the political divisiveness that has fractured the nation, pinning down blame […]

  • Eurozone inflation hits all-time high

    RT - Aug 18th 2022 9:13am EDT

    Consumer prices in the 19-member currency bloc have risen by 8.9% in the past year, the highest rate ever recorded Annual inflation in the Eurozone reached a record 8.9% in July, the latest data from the European Union’s statistics office Eurostat showed on Thursday. The increase from 8.6% recorded in June is mostly down to […]

  • EU gas prices seven times higher than in US – CNN

    RT - Aug 18th 2022 9:01am EDT

    Soaring fuel costs threaten to send the continent’s economies into recession European natural gas prices are trading at levels equivalent to about $70 per million British Thermal Unit (BTUs), which is roughly seven times higher than prices in the United States, CNN reported on Wednesday, citing Lipow Oil Associates.  Analysts told the outlet that Europe’s […]

  • 9/11 victims’ families appeal to US over seized Afghan funds

    RT - Aug 18th 2022 7:47am EDT

    “This is their money, not ours,” they wrote in a letter about billions of dollars frozen by Washington Dozens of families whose loved ones were killed in the 9/11 terrorist attack have asked President Joe Biden to ensure that billions of dollars in Afghan funds frozen by the US cannot be used to cover claims […]

  • Visa ban for Russians comes into force

    RT - Aug 18th 2022 7:26am EDT

    Starting on Thursday, Russians with Schengen visas issued by Estonia are barred from entering the Baltic state Estonia’s decision to bar access to most Russian citizens with Schengen visas issued by the Baltic nation came into force on Thursday. The visa crackdown was approved by the government in Tallinn last week as part of sanctions […]

  • Flotilla of diesel ships from Asia coming to Europe’s rescue

    RT - Aug 18th 2022 6:34am EDT

    The continent is to receive three million barrels of the fuel in August as the energy crisis deepens The volume of diesel shipments from Asia to Europe is projected to reach the highest level in five months in August, Bloomberg reported on Thursday citing data tracked by energy analytics firm Vortexa. Preliminary data shows that […]