Business

Business and Finance news from around the world, including Energy, Corporate and Economic news



Russia's Ruble
Russia's Ruble banknote


Ruble Trouble: The Politics Of Russia’s Financial Crisis – Analysis

By Chris Miller* The Russian ruble’s wild ride—starting the week at 58 to the dollar, spiking to nearly 80 on Tuesday, and settling back near 60 by Thursday—has left many questioning Russia’s political and economic stability. Since the ruble’s sharp fall on ‘Black Tuesday,’ a series of measures, from a 6.5 percentage point hike in […]

Russia's Ruble
Russia's Ruble banknote


Ruble Takedown Exposes Cracks In Putin’s Defense – OpEd

“The plunge of the Russian currency this week is the drastic outcome of policies implemented by the major imperialist powers to force Russia to submit to American and European imperialism’s neo-colonial restructuring of Eurasia. Punishing the Putin regime’s interference with their plans for regime change in countries such as Ukraine and Syria, the NATO powers […]

China claims to South China Sea
China claims to South China Sea


China’s Energy Demand And South China Sea Dispute – Analysis

By Selcuk Colakoglu The South China Sea is known for its complex maritime disputes. Though parties involved in the disputes have been careful to keep the issue of sovereignty discussed within the frame of diplomatic debate, the problem has nonetheless seen recent escalation. From an energy security perspective, it seems that the situation might make […]

Moscow International Business Center. Photo by Dmitry97ken, Wikipedia Commons.
Moscow International Business Center. Photo by Dmitry97ken, Wikipedia Commons.


Russia To Supply Banks With Up To $6.54 Billion From Sovereign Wealth Fund

Banks in Russia will get a government boost to finance debt and projects as the country risks recession. On Friday, the State Duma passed the last two readings of a law to allocate up to 10 percent, or $6.54 billion, from a sovereign wealth fund. The law is essentially a bank bailout from the Ministry […]

European Union flag
European Union flag


EU Leaders Skip Second Day Of Summit And Escape Protests

(EurActiv) — EU leaders finished their summit in the early hours of 19 December, avoiding major protests that have completely blocked the centre of Brussels Friday. During the night, convoys of tractors from Walloon neighbourhoods reached the centre of Brussels. The European quarters around the flagship monuments of the Council and the Commission were completely […]