Business – Page 220 – THE OVAL CIRCLE

Coronavirus pandemic could cost millions of jobs in travel industry

Posted on March 14, 2020By Editor

The World Travel and Tourism Council (WTTC) said this week that up to 50 million tourism jobs could be lost because of the Covid-19 pandemic as it “presents a significant threat to the industry.” … Read More >Coronavirus pandemic could cost millions of jobs in travel industry

Business

‘This is the beginning of the greatest financial crisis in US history’: Peter Schiff makes dire predictions to Boom Bust

Posted on March 13, 2020March 13, 2020By Editor

After suffering the worst stock market crash since 1987, the US Federal Reserve has announced a $1.5 trillion injection to ease strained capital markets. It is the biggest action by the Fed since the 2008 financial crisis. … Read More >‘This is the beginning of the greatest financial crisis in US history’: Peter Schiff makes dire predictions to Boom Bust

Business

Wall Street faces another bloodbath as Dow drops over 2,000 points at opening bell

Posted on March 12, 2020March 12, 2020By Editor

US stock trading was halted on Thursday morning after markets in New York dropped as much as nine percent right at the opening bell, triggering a mandatory pause. The heavy losses continues as trading resumed. … Read More >Wall Street faces another bloodbath as Dow drops over 2,000 points at opening bell

Business

Russia says there is no oil price war with Saudi Arabia

Posted on March 12, 2020March 12, 2020By Editor

No talks have been planned with Saudi Arabia and other oil producing countries in the region regarding falling crude prices, according to the Kremlin. However, negotiations will be held immediately if necessary, it added. … Read More >Russia says there is no oil price war with Saudi Arabia

Business

Global markets crash as US bans European flights over CORONAVIRUS PANDEMIC

Posted on March 12, 2020March 12, 2020By Editor

Covid-19 has wreaked havoc on the world’s financial markets after the World Health Organization (WHO) declared the outbreak a pandemic, and the US banned all European flights. … Read More >Global markets crash as US bans European flights over CORONAVIRUS PANDEMIC

Business

Washington grants blacklisted Huawei 45-day license extension

Posted on March 11, 2020By Editor

The Trump administration has announced it will extend a license allowing US companies to continue doing business with China’s Huawei Technologies until May 15. The previous license was set to expire on April 1. … Read More >Washington grants blacklisted Huawei 45-day license extension

Business

US Fed creating the next big collapse & should be put out of business – chief strategist tells Boom Bust

Posted on March 11, 2020March 11, 2020By Editor

US President Donald Trump has ramped up pressure on the Federal Reserve this week, renewing calls to bring the rates to zero. The Fed should be “a leader, not a very late follower,” Trump said. … Read More >US Fed creating the next big collapse & should be put out of business – chief strategist tells Boom Bust

Business Russia

Global market turmoil creates economic opportunities for Russia – Putin

Posted on March 11, 2020June 15, 2020By Editor

The Russian government will provide favorable conditions for businesses in the country to minimize risks amid global economic turmoil and guarantee the safety of national and foreign investments, said President Vladimir Putin. … Read More >Global market turmoil creates economic opportunities for Russia – Putin

Asia & Pacific Business

China getting back to business as worst of coronavirus outbreak in country appears to be over

Posted on March 11, 2020March 11, 2020By Editor

The Chinese economy is slowly recovering from the Covid-19 epidemic, with production facilities, stores and leisure complexes resuming operations after weeks-long closures. … Read More >China getting back to business as worst of coronavirus outbreak in country appears to be over

Business

Oil prices will rebound in several months – Russian energy minister

Posted on March 10, 2020March 10, 2020By Editor

It will take the oil market several months to recover from the current turbulence, Russian Energy Minister Alexander Novak said on Tuesday, adding that plummeting oil prices were not a surprise for Russia. … Read More >Oil prices will rebound in several months – Russian energy minister

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