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  • EU clarifies sanctions against Russian aviation

    RT - Jul 21st 2022 11:39am EDT

    Assistance to the industry is allowed in certain cases, while Russia’s food trade is exempt from sanctions The EU has clarified what types of transactions with Russia are still allowed amid the ever-expanding sanctions Brussels has imposed on Moscow over its offensive in Ukraine. The list of exemptions includes technical assistance to the Russian aviation […]

  • Biden tests positive for Covid-19

    RT - Jul 21st 2022 10:26am EDT

    DETAILS TO FOLLOW

  • EU to face ‘infinitely’ higher energy prices because of sanctions – banker

    RT - Jul 21st 2022 10:15am EDT

    Philippe Villin has urged the bloc to rethink its approach to the restrictions levied against Moscow over the Ukraine conflict The EU rushed to back Ukraine without asking its businesses or citizens for permission and now the European economy is suffering the most from the anti-Russia sanctions, French investment banker Philippe Villin has said. European […]

  • UK to pump more arms into Ukraine

    RT - Jul 21st 2022 9:42am EDT

    The shipment will include 1,600 anti-tank weapons and 50,000 artillery shells The UK will send Ukraine anti-tank weapons, drones, artillery guns and tens of thousands of rounds of ammunition, Defense Secretary Ben Wallace told Parliament on Thursday. Ukraine will receive more than 20 M109 and 26 L119 artillery guns, as well as counter-battery radar systems […]

  • European Central Bank hikes key rate

    RT - Jul 21st 2022 9:09am EDT

    The Eurozone regulator decided to go with a larger-than-expected 50 basis-point increase The European Central Bank (ECB) has hiked interest rates for the first time in 11 years on Thursday, going for the 50 basis-point increase instead of the previously anticipated 25 basis-point hike, the regulator announced in a press-release on its website. “Today, in […]

  • Ukraine devalues national currency

    RT - Jul 21st 2022 9:05am EDT

    The hryvnia has been weakened against the US dollar by 25% The National Bank of Ukraine has reduced the official hryvnia exchange rate against the US dollar by 25%, the regulator announced in a statement on its website on Thursday. “This step will improve competitiveness of Ukrainian producers, converge exchange rate conditions for different groups […]

  • Pelosi pushes to label Russia ‘state sponsor of terrorism’ – Politico

    RT - Jul 21st 2022 8:41am EDT

    US House Speaker reportedly urged Secretary of State Blinken to assign the designation, or else Congress will do it first In a call earlier this week, Speaker of the US House of Representatives Nancy Pelosi asked US Secretary of State Antony Blinken to designate Russia as “a state sponsor of terrorism,” Politico wrote on Wednesday, […]

  • US general assesses role of ‘commercial space’ in Ukraine conflict

    RT - Jul 21st 2022 6:38am EDT

    Private firms have successfully aided Kiev, Space Force chief John Raymond says Commercial players in the aerospace industry have been “helpful” to Kiev during the Russia-Ukraine conflict, the head of the US Space Force has said. “My first observation I’d say is that space is important. And we have certainly seen that in this conflict,” […]

  • Russia warns it could stop oil exports

    RT - Jul 21st 2022 6:06am EDT

    Crude production will be suspended if the Western price cap makes it unprofitable, a top official says Russia will stop global oil exports if the West’s price cap makes it unprofitable to continue production, Deputy Prime Minister Alexander Novak told Russia’s Channel One on Thursday. “If these prices which they are talking about are lower […]

  • ECB to decide on first rate hike in 11 years

    RT - Jul 21st 2022 5:51am EDT

    Policymakers are considering a larger move in an effort to quell inflation The European Central Bank (ECB) is expected to raise interest rates for the first time in 11 years on Thursday, with media reports suggesting the hike could be larger than previously expected. The regulator has for some time now been signaling a 25 […]

  • South American trade bloc snubs Zelensky – media

    RT - Jul 21st 2022 5:01am EDT

    The Ukrainian president will not be allowed to address the Mercosur summit, AFP reports South America’s Mercosur trade bloc has declined a request by Ukrainian President Vladimir Zelensky to speak at its summit, host nation Paraguay said on Wednesday, according to the AFP news agency. Mercosur members Argentina, Brazil, Uruguay and Paraguay failed to reach […]

  • Gas price in Europe drops as Russian pipeline resumes deliveries

    RT - Jul 21st 2022 4:38am EDT

    The price fell by 6.5% at the opening of trading on Thursday European natural gas prices fell by 6.5% in early trading on Thursday following the restart of gas deliveries via Russia’s Nord Stream 1 pipeline after scheduled maintenance. The price of August futures for natural gas at the TTF hub in the Netherlands dropped […]

  • Italian PM Draghi confirms resignation

    RT - Jul 21st 2022 4:26am EDT

    DETAILS TO FOLLOW

  • New UK nuclear power plant gets go-ahead

    RT - Jul 21st 2022 3:46am EDT

    The UK authorities have greenlit the development of the Sizewell C NPP, angering eco-activists The UK government granted development consent to the Sizewell C nuclear power plant in Suffolk in the East of England on Wednesday, in a move that has drawn fierce opposition from eco-activists. According to the UK authorities, the NPP will produce […]

  • Russia resumes gas flow through Nord Stream

    RT - Jul 21st 2022 2:52am EDT

    The Nord Stream 1 pipeline had been shut down for 10 days for maintenance Gazprom resumed the delivery of gas from Russia to Germany through the Nord Stream 1 Baltic Sea pipeline on Thursday, the operator told news agency Deutsche Presse-Agentur (dpa). The spokesperson for Nord Stream AG was quoted as saying that the pipeline […]

  • Americans see incomes drop as cost of living rises – study

    RT - Jul 21st 2022 2:01am EDT

    Record inflation has taken a toll on US households, survey finds Three out of four middle-class Americans feel that their income can’t keep up with soaring inflation, a recent survey has found. As many as 75% of those whose income falls into the $30,000 to $100,000 a year bracket said their earnings were falling behind […]

  • Inflation in Canada highest in decades

    RT - Jul 21st 2022 1:33am EDT

    Consumer prices rose 8.1% in June, fuelled by soaring gasoline costs Canada joined the US and the UK in seeing its year-on-year inflation hit 40-year highs in June. The Consumer Prices Index reached 8.1% year-over-year in June, following a 7.7% gain in May, Statistics Canada reported on Wednesday, adding that the increase was the largest […]

  • US general mulls ‘non-Russian’ jets for Ukraine

    RT - Jul 21st 2022 12:57am EDT

    Top US Air Force officials want to facilitate Ukraine ‘transition’ The United States and its allies are constantly looking for ways to bolster the Ukrainian air force, including possible pilot training before potentially supplying Kiev with Western-made fighter jets, two top US military officials announced at the annual Aspen Security Forum in Colorado on Wednesday.  […]

  • Tesla dumps bitcoins

    RT - Jul 20th 2022 10:42pm EDT

    Elon Musk’s electric car company sold off 75% of its Bitcoin holdings Tesla has liquidated roughly three-quarters of its bitcoins, adding $936 million in cash to its balance sheet, according to the company’s latest earnings report released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into […]

  • Prince Charles avoids probe

    RT - Jul 20th 2022 9:04pm EDT

    The Prince of Wales’s Charitable Fund faced scrutiny over ‘bags of cash’ it received from the Qatari royal family The Charity Commission has dropped further investigation into multi-million-pound donations made by the Qatari royal family to the Prince of Wales’s Charitable Fund (PWCF), triggered by a series of UK press revelations last month. “We have […]

  • Biden unveils US military thoughts on Taiwan

    RT - Jul 20th 2022 8:11pm EDT

    US president hints that Pentagon is opposed to Speaker Pelosi’s rumored Taipei visit Briefly addressing rumors about House Speaker Nancy Pelosi’s visit to Taiwan, US President Joe Biden suggested on Wednesday that the military was opposed to it. His comments follow two days of stringent warnings from Beijing that the visit could irreparably damage Sino-American […]

  • Americans express paycheck fears – poll

    RT - Jul 20th 2022 8:07pm EDT

    Nearly 60% of American workers worry they can’t support their families Some 58% of American workers worry their paycheck is not enough to support them and their families, according to a poll commissioned by the American Staffing Association and published on Wednesday. Financial anxiety was especially strong among parents with minor children (66%) and Hispanic […]

  • Chinese state media threatens US with ‘unbearable consequences’

    RT - Jul 20th 2022 7:30pm EDT

    Pelosi’s visit to Taiwan could cause US-China relations to “fall off a cliff,” per Global Times If House Speaker Nancy Pelosi goes through with her Taiwan visit in August, China will consider it a “strategic level provocation” that would push relations with the US “off a cliff,” the newspaper Global Times said in a series […]

  • Biden announces future climate orders

    RT - Jul 20th 2022 5:21pm EDT

    While he stopped short of declaring a national emergency, Biden will bypass Congress to push his green agenda President Joe Biden announced on Wednesday that his administration would take executive action to combat the apparent climate “emergency” in the coming weeks. While it was initially rumored that the president would declare a national emergency over […]

  • US admits debt problem hurts UN standing

    RT - Jul 20th 2022 5:21pm EDT

    Washington lagging behind on UN dues creates a “challenge” exploited by China, envoy says The US being billions of dollars behind on its UN commitments is hurting Washington’s ability to influence the world organization, Ambassador Linda Thomas-Greenfield told the Senate Foreign Relations Committee on Wednesday. While the American delegation has resisted attempts at shaming over […]