For the first time in three decades, residents of Stepanakert, the capital of the disputed Nagorno-Karabakh, have hidden in bomb shelters as rocket fire from the Azeri forces hit the city, RT’s crew on the ground has found. Nagorno-Karabakh – a predominantly ethnic Armenian mountainous region – split from Azerbaijan and, with Armenia’s help, fought a bloody war in the 1990s. Amid the ongoing escalation of hostilities, the city now finds itself affected directly by the fighting, which has not happened in three decades. RT’s Igor Zhdanov arrived at a location in Stepanakert which was hit by fire that apparently came […]
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A letter from Labour’s Shadow Culture Secretary Jo Stevens to communications regulator Ofcom demands that RT’s media license be reviewed, but a poll shows the party itself doesn’t want censorship, but to make their own decisions. The poll, conducted by Labour Grassroots, finds only 26 percent of Labour supporters feel the party should pursue having the media outlet’s license reviewed by a third party. While another 19 percent did not answer either way, 55 percent of the 620 respondents said no. And though those 55 percent believe RT is biased, many commented that the bias makes them no different from other […]
Max Keiser and Stacy Herbert discuss the US Federal Reserve’s endless money printing, particularly during the coronavirus pandemic. They look at historical gold, dollar and Fed Funds rate charts to see if they can find answers. “All of the cash that has been printed has been hoarded by the bankers to keep their balance sheets solvent by filling up the tank, even though the tank has a massive leak,” Max says, adding that the “leak goes magically into the pockets of just a few of their friends; it’s what we call financial apartheid.” He explains that the process is continuing unabated […]
Deutsche Bank’s top credit strategist Jim Reid has described himself as “a gold bug,” and reckons “fiat money is a passing fad in the history of money,” RT’s Keiser Report recalls for the show’s viewers. It always has been a passing fad and there’s always a return to gold, ‘Keiser Report’ presenter Max Keiser agrees, explaining that “when you have fiat money printers in charge and you can pull the levers of political power with your fiat money and acquire assets with your fiat money, it gives you that God complex that we have so much of it around the world… […]
The US’ biggest bank, JPMorgan Chase, together with other lenders, managed to take a big slice of the coronavirus relief program pie through fees, while reporting record quarterly profits. Max Keiser and Stacy Herbert discuss how the banks managed to get such a large cut of the funds, having made a fortune in the last financial crisis after the government bailed them out. Keiser, a former Wall Street stockbroker, notes that professional banks enjoy almost zero risks by using hedging strategies, but, at the end of the day, get bailouts sponsored by the “losers in retail trading.” “That’s where the capital […]
Hundreds of billions of dollars in US Paycheck Protection Program funds have reportedly been dispensed to companies that did not need it. Max Keiser and Stacy Herbert discuss the matter, as well as other controversial loans. In 2008-2009, when all the banks received government bailouts, those at the top of the pyramid, like Jamie Dimon, argued that they “really didn’t need the bailout but they had to take it because the Fed forced them and nobody else wanted to take it,” says Stacy. “All of these projects will be eviscerated,” Max says, adding “Now, bitcoin is going to make its move.” […]
The Trump administration’s anti-China policies, including tariffs and attacks on telecoms giant Huawei, have forced the Chinese government to tighten its grip over Hong Kong, an analyst tells RT. Speaking to RT’s Boom Bust on the developments in the Chinese territory after Beijing imposed its national security law, Jeffrey Tucker of the American Institute for Economic Research said that it’s unclear how the bill will affect the economy. Some businesses operating in Hong Kong are now concerned that they could be found violating some provisions of the law, and face penalties varying from fines to confiscation of funds. “The US has […]
A new study by the University of Chicago found that during the pandemic, 68 percent of Americans are earning more on benefits than at work, living like the ‘free money banksters’ on Wall Street. Max Keiser and Stacy Herbert discuss the matter through the idea of ‘defunding’, with Max saying: “You have to defund the money itself, defund fiat – that’s the only way forward. Until that happens, you are a slave.” Stacy explains that “Those who had the most wealth and power already in 1971, when we were off the global gold standard, have most of the wealth right now. […]
https://cdn1.img.sputniknews.com/img/107975/24/1079752411_0:105:3072:1833_1200x675_80_0_0_dc30b68fef7c787a6fe9f570114914f5.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/europe/202006291079752442-sputnik-rts-covid-19-coverage-gets-more-online-engagement-than-european-media-study-reveals/ MOSCOW (Sputnik) – Sputnik and RT’s French-, German-, and Spanish-language coverage of the COVID-19 outbreak, along with reports in these languages produced by Chinese, Iranian, and Turkish state media outlets, can receive as much online engagement as prominent European news sources, researchers at the University of Oxford said in a Monday report. “State-backed outlets producing coronavirus-related content in French, German and Spanish can achieve higher average engagement per article than prominent news sources such as Le Monde, Der Spiegel and El Pais,” the researchers said in the report. The study, which was conducted over […]
Stocks of bankrupt or near-bankrupt companies like car rental giant Hertz and Chesapeake Energy enjoyed epic rallies this week, even though equity holders will be the last in line to get paid when the firms finally go bust. During an extremely volatile week, Hertz, which filed for bankruptcy protection at the end of last month, saw its shares rising over 500 percent compared to its low of $0.5 on May 26. Imminent bankruptcy filer Chesapeake Energy also enjoyed an insane rally, with its stock blasting from $14 last Friday to close at nearly $70 on Monday, and crashing to $19 by […]
As thousands continue protesting across the United States, the Keiser Report talks to the author of “Bitcoin & Black America,” Isaiah Jackson, about the economic, monetary and financial injustice at the heart of the unrest there. “Being self-sovereign is very important,” Jackson says. He gives the example of communities in Los Angeles such as Koreatown, Chinatown, and Little Ethiopia that “are self-sovereign in their small community” and don’t have any problems from an economic point of view. “If somebody messes with their businesses, with people who work or live there, they are going to pay for it,” he says. Jackson points […]
Yemeni photojournalist Nabil Hasan al-Quaety, who contributed to RT’s video agency Ruptly and other outlets, has been killed outside his home in the southern city of Aden by unknown attackers. “We at Ruptly are shocked and saddened to hear about the death of award-winning journalist Nabil Hasan al-Quaety, who was brutally murdered outside his home in Aden, Yemen on Tuesday,” the video agency said in a statement. Al-Quaety was gunned down moments after leaving his home. According to some local reports, he was about to set off in his car when unknown gunmen opened fire. Other reports say the assailants initially […]
While revoking Hong Kong’s preferential treatment may be catastrophic for the city’s financial system, the move could also backfire on the US itself and even challenge the dollar, Boom Bust has learned. On Friday, US President Donald Trump said he would end the special trade relationship with Hong Kong and impose sanctions on Chinese officials who backed the recent national security law. For the former British colony, the move could mean that it will become subject to US tariffs on China and lead to the city’s demise as one of the major global financial hubs. “Most importantly there is a free […]
MOSCOW, MAY 29 — RT won four prizes at the annual Telly Awards, a major international TV and film production award. The judges recognized a number of RT Arabic programs, a documentary covering the outbreak of HIV in the USSR, and a VR film produced as part of #VictoryPages — a large-scale social media project launched by RT to commemorate the 75th anniversary of the end of the Second World War. RT Arabic show Fight, developed with two Russian athletes — a UFC mixed martial arts and a weightlifter — won silver in the General — Online category. The Kalashnikova series, whose episodes tell about the Rostov-on-Don submarine, the Nakhimov Naval School and the […]
MOSCOW, MAY 14 — RT is now accepting entries for the 2020 Khaled Alkhateb Memorial Awards, an annual international competition that recognizes the best journalism from conflict zones. The competition, now in its third year, was established in honor of RT Arabic freelancer, Khaled Alkhateb, who died in 2017 while reporting from the frontlines in Syria. The Khaled Alkhateb Memorial Awards is presented in three categories: Best Video Journalism from a Conflict Zone: Long Form; Best Video Journalism from a Conflict Zone: Short Form; and Best Written Journalism from a Conflict Zone. The inaugural year of the competition in 2018 saw entries from more […]
As part of the ‘phase one’ trade deal, Beijing on Tuesday issued a new list of US products to be exempt from trade tariffs. This came as the US threatened to terminate the deal if China fails to meet its purchase commitments. RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading and the CEO of Transformity Research Tobin Smith to talk about the possibility of ‘phase two’ and which of the two countries is best positioned when it comes to trade deals. China will not adhere to this deal, says Horwitz, noting “they’ve already got the WHO and the […]
Bitcoin has undergone its latest ‘halving’ event, which occurs every four years and reduces the reward miners receive for mining new coins to help control inflation. It’s the third halving in the cryptocurrency’s 11-year history. Keiser Report spoke to Dan Held of Kraken.com about the event, and what it means for this hardening to happen in an age of infinite fiat. Bitcoin was purpose-built to be a new sound money, says Held, noting: “That message resonates really loudly with this sort of macro backdrop.” According to him, there will be a lot of investor appetite in the near future. “I think […]