Venezuela and China Sign New $2.7 Billion Development Deal

Venezuelan President Nicolas Maduro with Chinese National Reform Commission Vice-President Ning Jizhe. (@PartidoPSUV)

Lucas Koerner (VA) : Venezuela and China ratified 22 new agreements totaling US $2.7 billion Monday in a bid to strengthen cooperation between the two nations. Venezuelan President Nicolas Maduro with Chinese National Reform Commission Vice-President Ning Jizhe. (@PartidoPSUV) Concluded during the 15th meeting of the China-Venezuelan High-Level Mixed More...

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By nsnbc On Monday, February 6th, 2017

South Korea Tightens Battery Safety Contols After Fiery Galaxy Note 7 Fiasco – But..

nsnbc : The South Korean Ministry of Trade, Industry and Energy, on Monday, reported that safety requirements for lithium-ion batteries will be tightened and there will be conducted regular inspections to avoid More...

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By nsnbc On Thursday, February 2nd, 2017

Japan’s Sumitomo Mitsui Bank Pulled the Plug on Colombia’s Magdalena River Project

nsnbc : Japan’s Sumitomo Mitsui bank has pulled the plug on financing Colombia’s Magdalena River navigability project with $250 million. The bank’s decision came after the Colombian government, on More...

Istanbul's Atatürk International Airport.
By nsnbc On Tuesday, January 31st, 2017

Turkey’s Tourism Revenue Dropped 29.9 Percent in 2016

nsnbc : Turkey’s Statistics Institute (TÜIK) reports that the country’s tourism revenue has dropped to $22.1 billion in 2016; a 29.7 percent decrease compared to 2015. Foreign arrivals have seen a More...

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By Ellen H. Brown On Friday, January 27th, 2017

How to Cut Infrastructure Costs in Half

Ellen H. Brown (nsnbc) : Americans could save $1 trillion over 10 years by financing infrastructure through publicly-owned banks like the one that has long been operating in North Dakota. President Donald Trump More...

By nsnbc On Monday, January 23rd, 2017

Egypt’s PM Grants Military License to Start Pharma Company

nsnbc : Egypt’s Prime Minister Sherif Ismail granted a license to the Egyptian military to launch a pharmaceutical company and to enter the pharma market, reports Egypt’s official gazette. Prime Minister More...

Khodorkovsky at his release from prison. Photo, courtesy of ITAR TASS
By nsnbc On Thursday, January 19th, 2017

Russia’s Constitutional Court Dismissed ECHR Ruling on Compensation for YUKOS Shareholders

nsnbc : The Constitutional Court of the Russian Federation dismissed a ruling by the European Court of Human Rights (ECHR) to pay 1.8 billion euros in compensation to the former shareholders of the now defunct Russian More...

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By nsnbc On Wednesday, January 18th, 2017

Vietnam’s Deputy PM Welcomed Asia Infrastructure Investment Bank VP in Hanoi

nsnbc : Vietnam’s Deputy Prime Minister and Foreign Minister Pham Binh Minh held a reception for D.J Pandian, the Vice President and Chief Investment Officer of the Asia Infrastructure Investment Bank (AIIB) More...

Vietnam Currency_Vietnam 2017
By nsnbc On Wednesday, January 11th, 2017

Vietnamese Banks Report a Good Bottomline and Profits in 2016

nsnbc : Several of Vietnam’s leading banks including Vietinbank, Vietcombank and BIDV reported a good business year and high profits in 2016. Vietnam’s BIDV reported it made pre-tax profits of VND7.5 More...

By nsnbc On Tuesday, January 10th, 2017

Promises Of 50% Minimum Wage Hike Amidst Venezuela’s Runaway Inflation

nsnbc : Venezuelan President Nicolas Maduro proudly announced a50 percent increase in the country’s national minimum wage in 2017. However, those struggling to survive on minimum wage will hardly see any benefits More...