Categories Business Saudi Arabia’s oil exports dropped 11% in 2019 Posted on Posted onFebruary 19, 2020February 19, 2020By Editor Saudi Arabia’s oil exports dropped by 10.75 percent year on year in 2019, according to data from the Joint Organisations Data Initiative (JODI), as carried by local news outlet Mubasher. … Read More >Saudi Arabia’s oil exports dropped 11% in 2019
Categories Business China to grant tariff exemptions on additional US goods Posted on Posted onFebruary 18, 2020February 18, 2020By Editor The Chinese government announced on Tuesday it would allow importers to apply for new tariff exemptions on nearly 700 products from the United States, including agricultural and energy goods. … Read More >China to grant tariff exemptions on additional US goods
Categories Business It’s official! India overtakes UK & France to become world’s 5th LARGEST economy Posted on Posted onFebruary 18, 2020February 18, 2020By Editor India is developing into an open-market economy from its previous autarchic policies, US-based think tank World Population Review concludes in a report. … Read More >It’s official! India overtakes UK & France to become world’s 5th LARGEST economy
Categories Business China accuses Australia of political bias against Huawei Posted on Posted onFebruary 17, 2020February 17, 2020By Editor The Australian government’s decision to ban tech giant Huawei from its 5G rollout is “politically motivated,” according to the Chinese ambassador Cheng Jingye. … Read More >China accuses Australia of political bias against Huawei
Categories Business Moscow ready to assist Italian firms in localizing production in Russia – Foreign Ministry Posted on Posted onFebruary 17, 2020February 17, 2020By Editor The Russian government will help Italian companies operating in the country to deal with losses resulting from Western sanctions, Foreign Minister Sergey Lavrov has said. … Read More >Moscow ready to assist Italian firms in localizing production in Russia – Foreign Ministry
Categories Business Can Moscow finish Nord Stream 2 gas pipeline despite US sanctions? ‘Never say never’ says Gazprom Posted on Posted onFebruary 17, 2020February 17, 2020By Editor Russia’s $10 billion Nord Stream 2 pipeline – which will pump gas more than 1,200 km to Germany – has been sanctioned by Washington, with US officials claiming Moscow can’t finish the project. “Never say never,” Gazprom replied. … Read More >Can Moscow finish Nord Stream 2 gas pipeline despite US sanctions? ‘Never say never’ says Gazprom
Categories Business Skyrocketing Tesla stock may soon make Elon Musk the richest person in the world Posted on Posted onFebruary 16, 2020February 16, 2020By Editor Tesla CEO Elon Musk may finally get his huge paycheck by mid-spring if shares of the electric carmaker stay stable and the company manages to keep its average market cap above $100 billion. … Read More >Skyrocketing Tesla stock may soon make Elon Musk the richest person in the world
Categories Business China beats US in key patents to secure technological dominance – report Posted on Posted onFebruary 15, 2020February 15, 2020By Editor Chinese companies have outpaced their US rivals in the tech patents race, filing more applications in 9 of 10 categories, including artificial intelligence and blockchain, a recent Nikkei study shows. … Read More >China beats US in key patents to secure technological dominance – report
Categories Business Russia and Saudi Arabia fight for share of India’s huge oil market Posted on Posted onFebruary 14, 2020February 14, 2020By Editor Russia has put India on top of its priority list as it looks to ramp up crude exports and expand its downstream presence. … Read More >Russia and Saudi Arabia fight for share of India’s huge oil market
Categories Business Russia rapidly recovered from sanctions & drop in oil prices – British investment trust Posted on Posted onFebruary 14, 2020June 15, 2020By Editor The Russian economy has proven that it can withstand Western sanctions and falling oil prices, Matthias Siller, co-manager of the Barings Emerging Europe Fund, has said. … Read More >Russia rapidly recovered from sanctions & drop in oil prices – British investment trust