Russia’s foreign debt dropped $21.3 billion and totaled $470.1 billion as of January 1, according to the latest data revealed by the central bank. “Decreases
Read more
Category: World Business
General Business News 24 hours a day
We’re in a PERFECT STORM for gold prices edging higher, financial editor tells Boom Bust
US President Joe Biden’s Treasury secretary pick, Janet Yellen, said on Tuesday that the new administration would focus on winning quick passage for the recently
Read more
Eurozone business activity slows as stricter lockdowns take heavy toll on service sector
Business activity in the eurozone fell to a two-month low in January, preliminary data revealed on Friday shows, as tougher coronavirus-related lockdowns come into effect
Read more
Bitcoin sell-off wipes out $100 billion from crypto market in just two days
The total market value of all cryptocurrencies has lost about $100 billion over the past 48 hours, after the world’s top digital asset, bitcoin, slumped
Read more
We’re all going to be trillionaires because US dollar has no bottom & bitcoin has no top – Max Keiser
Hosts of the Keiser Report, Max Keiser and Stacy Herbert, look at the very large stimulus package the Biden Administration hopes to pass. The $1.9
Read more
Upstream Appoints Fernando Bortman As Chief Business Officer
New CBO brings 20 years of international results-driven experience to leadership team as company expands and engages new markets London, January 21, 2021 – Leading
Read more
China ramps up iron ore imports from India by nearly 90% to meet growing demand
The world’s top steel producer, China, bought 44.8 million tons of iron ore from India last year, according to customs data. The 88 percent increase
Read more
Silk Road trade on track: Freight train sets off from China to Russia, drastically cutting travel time
A special China-Europe freight train departed from Dongguan in South China’s Guangdong province to Russia on Wednesday. It will arrive in Moscow within 15 days,
Read more
Work-from-home option leaving big cities nearly empty, as RT’s Boom Bust discovers
San Francisco is now struggling with a mass exodus of tech workers due to the Covid-19 pandemic, with city leaders warning that this will have
Read more
Pandemic profiteer: Morgan Stanley makes a killing during coronavirus crisis
Morgan Stanley managed to substantially capitalize in 2020. The US investment bank beat fourth-quarter earnings forecasts to round off the lender’s best year on record.
Read more