China and Australia have sealed a major free trade agreement worth billions of dollars giving the Australian agricultural sector tariff free access to the massive Chinese market, while China will get greater access to investment projects in Australia. Ministers from China and Australia signed a Declaration of Intent on Monday, culminating over a decade of work towards the deal. The actual agreement... 

Newly elected president of Romania 2014, Klaus Werner Iohannis of German descent. Romania has finally come to its senses and elected Klaus Werner Iohannis as its next president, the current mayor of former cultural capital of Europe, Sibiu, which is of German descent. Romania is one of the most poorest and corrupted nations in Europe alongside with the likes of Bulgaria, Albania and Moldova, competing... 

Demonstrators hold a banner that reads “No to the austerity, yes to the social Europe” during a rally in Paris on September 30, 2012. Angry people have taken to the streets of French capital Paris in protest to the government’s economic policies, Press TV reports. “Economic policies across Europe are clearly meant to serve high finance and to create tax breaks for businesses. But... 

Demonstrators protest in central Rome, Italy, on November 14, 2014. Several Italian cities, including the capital city of Rome and northern city of Milan, have witnessed confrontations between police forces and anti-austerity protesters. On Friday, trade unions and students staged strikes and rallies in more than 20 cities against labor market and other reforms. Officers were pelted with eggs and red... 

Former US Secretary of State Henry Kissinger has given a chilling assessment of a new geopolitical situation taking shape amid the Ukrainian crisis, warning of a possible new Cold War and calling the West’s approach to the crisis a “fatal mistake.” The 91-year-old diplomat characterized the tense relations as exhibiting the danger of “another Cold War.” “This danger does exist and we can’t... 

A report warns that 25,000 elderly people will die from cold weather this winter, amid soaring fuel bills. A report says that a pensioner will die from cold weather every seven minutes in Britain this winter, amid soaring fuel bills. The Age UK charity released the report on Tuesday, saying that, this winter, 25,000 elderly people in England and Wales will die as a result of the cold weather and due... 

Russian Foreign Minister Sergei Lavrov, left, and Hungarian Prime Minister Viktor Orban at their meeting in Budapest. 25 years ago, Hungary was being toasted in the West for opening its border with Austria to East Germans, in a move which led to the fall of the Berlin Wall. Now the Western elites are not happy with Budapest which they consider far too independent. The refusal of Prime Minister Viktor... 

Immigrants who came to live in Britain from outside Europe cost the public purse nearly £120 billion over 17 years, a new report has shown. The major academic study also found, however, that recent immigration from Europe, driven by the surge in arrivals from eastern European, gave the economy a £4.4 billion boost over the same period. Experts from University College London also said native Britons... 

Most Europeans have no idea how much they pay the EU in taxes and are unable to correctly place Baroness Catherine Ashton within the bureaucratic system, a poll performed by RT in 10 European capitals has revealed. RT correspondents interviewed nearly 200 people on the streets of Barcelona, Lisbon, Rome, Prague, Paris, Bratislava, Warsaw, Athens, London, and Berlin. Those surveyed were asked to answer... 

Argentina’s President Cristina Kirchner has warned the United States against the serious consequences of what she called US officials’ slandering Buenos Aires over its debts. In a harsh five-page letter on Friday, the Argentina president criticized US President Barack Obama’s choice of hire for a high-level advisory position in his administration. “Could this be a case of namesakes?”... 

UK gas prices plunged to a record low on Friday following a newly signed deal between Russia, Ukraine and the European Commission. However, fuel poverty remains rife in Britain, with 2 million households unable to afford adequate heating. The newly brokered gas agreement, signed on Thursday, will cover gas supply and transit conditions between Russia, Ukraine and the EU until March 2015. The signing... 

British Prime Minister David Cameron has said that he will fight against the European Union’s demand for an extra contribution to the bloc’s budget. While addressing the British parliament on Monday, the premier said the UK would not pay “anything like” the 2.1 billion euros the EU has requested. “It is not just about the scale of the money being demanded. It is also the timetable,”... 

Italian demonstrators protest at government’s austerity measures in Rome. Workers in Italy have staged a nationwide strike to protest against the government’s economic policies including cuts to public services and labor reforms. On Friday, the USB union called the 24-hour walkout that so far has disrupted train services and local transport in several cities across the country including the... 

The US Federal Reserve chair has expressed concern about increasing wealth inequality in the US, saying the richest five percent of Americans hold 63 percent of the country’s wealth. Janet Yellen made the remarks at the Federal Reserve Bank of Boston Economic Conference on Inequality of Economic Opportunity on Friday. According to her, those at the very top have made significant income gains while... 

Tens of thousands of people have taken to the streets across France to express their resentment over the latest austerity budget presented by President François Hollande, which will make it difficult to lead the nation’s flagging economy back to steady growth, Press TV reports. On Thursday, the demonstrators marched in major French cities in protest at Hollande’s 2015 budget blueprint, which...