Business – Page 231 – THE OVAL CIRCLE

US tariffs will remain no matter what coronavirus does to China’s economy – US trade advisor

Posted on January 30, 2020January 30, 2020By Editor

Washington will not make tariff concessions to Beijing, White House trade advisor Peter Navarro has said, amid fears that the outbreak of a deadly virus in China could take a toll on its economy. … Read More >US tariffs will remain no matter what coronavirus does to China’s economy – US trade advisor

Russia adds nearly $1 billion to forex reserves, raising them to almost $560 billion

Posted on January 30, 2020January 30, 2020By Editor

Russian gold and foreign currency holdings have increased to a total of $559.8 billion, according to the latest data released by the country’s central bank. … Read More >Russia adds nearly $1 billion to forex reserves, raising them to almost $560 billion

Coronavirus could hit global economy harder than SARS – rating agency

Posted on January 29, 2020January 29, 2020By Editor

The deadly coronavirus could have a far more significant effect on the world economy than the severe acute respiratory syndrome (SARS) did in 2003, says the Russian National Credit Ratings (NCR) agency. … Read More >Coronavirus could hit global economy harder than SARS – rating agency

Russian economic growth better than expected amid Western sanctions & global slowdown

Posted on January 29, 2020June 15, 2020By Editor

The Russian economy expanded by 1.4 percent last year, the Ministry of Economic Development has said in its latest report. Annual growth is weaker than in 2018, but beat the ministry’s own forecast. … Read More >Russian economic growth better than expected amid Western sanctions & global slowdown

Russia delivers 1st billion cubic meters of gas to Turkey through TurkStream pipeline

Posted on January 28, 2020January 28, 2020By Editor

The first billion cubic meters of Russian natural gas has been supplied by Gazprom via the newly completed TurkStream pipeline to Turkey. … Read More >Russia delivers 1st billion cubic meters of gas to Turkey through TurkStream pipeline

Russian economy attracts $1 BILLION in foreign investments in 2020

Posted on January 28, 2020June 15, 2020By Editor

Since the beginning of the year, Russian bond sales have raised more than $1 billion from foreign investors, Kommersant daily reported, citing reports by Bank of America and BCS Global Markets. … Read More >Russian economy attracts $1 BILLION in foreign investments in 2020

Britain reportedly ready to approve limited 5G access to Huawei despite US pressure

Posted on January 27, 2020January 27, 2020By Editor

UK Prime Minister Boris Johnson is expected to allow Chinese tech giant Huawei build out its fifth-generation mobile networks in Britain, the Financial Times reported, citing people close to the discussions. … Read More >Britain reportedly ready to approve limited 5G access to Huawei despite US pressure

EU carbon tax more about political wrangling than tackling climate change, analysts tell RT

Posted on January 26, 2020January 26, 2020By Editor

The new European Commission president has been trying to make fighting climate change the hallmark of her presidency. However, her proposals could further split the bloc and backfire, hurting the EU itself, analysts believe. … Read More >EU carbon tax more about political wrangling than tackling climate change, analysts tell RT

US shale patch sees huge jump in bankruptcies

Posted on January 25, 2020January 25, 2020By Editor

More than 200 oil and gas companies in North America have filed for bankruptcy since 2015, and the list of casualties could continue to climb this year. … Read More >US shale patch sees huge jump in bankruptcies

Russian gas exports helping Asia & Europe to transition to cleaner energy – Kirill Dmitriev

Posted on January 25, 2020January 25, 2020By Editor

Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev. … Read More >Russian gas exports helping Asia & Europe to transition to cleaner energy – Kirill Dmitriev