You don`t have to dig deep to see the results of the financial crisis of `07. With the aftermath still evident as the US skirts the brims of recession, here is yet another example of economic collapse: 15 percent of Americans are using food stamps.
NATO`s operation in Libya is a perfectly planned political spectacle which marks the beginning of the second colonization of Africa, declared former Belgian Parliament deputy speaker Lode Vanoost.
US military say they have registered three new Scud missiles launches fired by Libyan loyalist forces, this time at the rebel stronghold of Misrata.
In a statement, US President Barack Obama declared that Libyan leader Muammar Gaddafi had lost control of his country and that Washington would stay in close co-ordination with the Libyan Transitional National Council.
Minsk has responded to a new round of US sanctions by suspending a joint project with the US for exchanging highly enriched nuclear fuel.
Israeli military officials confirmed an air strike on southern Gaza following deadly attacks on Israel earlier Thursday. The Israeli government has blamed Gaza militants for the series of attacks that killed seven Israelis and injured at least 30.
With the Pentagon looking for new ways to cut back on costs, a report released this week presents a plan to save $250 billion over the next two decades. All they have to do is take away retirement plans from veterans.
China is taking its military might to a new level, completing a round of trials of its first-ever aircraft carrier - a Soviet air-capable cruiser Varyag bought in unfinished condition from Ukraine in 1998.
A new report out of Washington estimates that around $360 million in US military money went into the hands of enemy insurgents in Afghanistan, including the Taliban.
Poll after poll show a growing number of Americans want an end to the US embargo on Cuba. It has been in place for over half a century and though it was designed to bring down Fidel Castro, it is Cuba`s citizens who have felt its impact most.
A former White House official is speaking out about an alleged cover-up perpetrated by the CIA to cover-up information that could have prevented the September 11 terrorist attacks.
The European Central Bank has disclosed details of its emergency operation to save Italy and Spain from the debt crisis, revealing that it spent a record euro 22 billion on government bonds.
Tens of thousands people have gathered across Israel for fresh protests for a "welfare state" on Saturday night. The organizers picked 18 smaller cities, setting Tel Aviv aside this time, "to let the rest of the voices speak."
President Dmitry Medvedev has signed a decree to implement UN Security Council resolution 1973 that introduces sanctions against the Libyan regime.
President Dmitry Medvedev will meet with his Ukrainian counterpart Viktor Yanukovich later on Thursday in Sochi to discuss the implementation of several bilateral agreements.
The already strained relations between North and South Korea came under increased pressure on Wednesday, but John Feffer, a co-director of Foreign Policy in Focus, believes that 2012 might bring some dramatic changes in the countries` relations.
Libyan state TV has broadcast what it said was footage of Colonel Gaddafi`s son Khamis visiting people wounded in an air attack. Earlier rebels claimed he had been killed in a NATO air strike last week.
Many analysts are predicting a power shift in the financial arena quite soon, since according to International Monetary Fund projections, China could leapfrog the United States to become the world`s largest economy by 2016.
With global financial markets witnessing the worst sell-off since the middle of October 2008, on the back of EU debt concerns and fears of a double dip recession in the US, Business RT spoke with Manoj Ladwa, Senior Trader at ETX capital.
On Friday Standard & Poor`s downgraded the US▓s credit rating from AAA to AA+ and people since then have flocked to buying gold. The value of an ounce of gold surpassed $1,700 for the first time today.╜
Just when you think the US debt debacle can`t get any worse, ratings agency Moody`s warns it could downgrade the United States credit score before 2013. Moody`s threat centers on if the US` fiscal or economic stance declines drastically.
As eurozone members join forces to save the common economy, one EU state is happy it is not bailing out the single currency. Poland was supposed to adopt the euro next year, but those plans are now on ice with Warsaw eager to stay out of the crisis.
The Asian markets have opened in negative territory on Monday morning, falling by around 2 per cent. Japan`s foreign minister announced that his country will be holding on to its US bonds for the time being.
The events of early August 2008 changed the map of the Caucasus forever. The five-day war unleashed by Georgia against its former republic of South Ossetia left the region devastated, blocking any chance of reconciliation in the foreseeable future.
The economic perils, which were one of the major reasons why Egyptians took to the streets in January, are only getting worse. Unemployment is at an all-time high and millions are struggling to make ends meet.