Author: RT

World economy heading for a slowdown ‘without question,’ professor tells Boom Bust Fears of the rapid spread of the coronavirus have panicked investors, sending world markets into a tailspin. RT’s Boom Bust talks to the Dean of Miami University Business School, John Quelch, about what this could mean for the global economy. “Until about a week ago we were talking about a supply-side problem,” he says, pointing out that the shutdown of factories in China was essentially disrupting supply chains worldwide. “Now we are talking about a demand-side problem that is beyond China spilling over to the rest of the world.” //www.youtube.com/embed/nfi-3Bt26xI Demand-side problems mean consumer fear and lack of co...

EU won’t accept ‘artificial deadlines’ in talks with UK, France's Europe minister says French European Affairs Minister Amelie de Montchalin said on Friday the European Union would not accept “artificial deadlines” in talks on a future relationship with Britain. On Thursday, the British government said it would walk away from talks on a future relationship with the EU if there has not been “good progress” in the negotiations by June. “We do not accept time pressure,” Montchalin told an audience at Chatham House in London, according to Reuters. The EU Brexit negotiator Michel Barnier on Thursday noted Britain’s negotiating mandate but said ahead of talks starting next week that the bloc would stick to the political declaration agreed last year. EU won’t accept ‘artific...