Business – Page 195 – THE OVAL CIRCLE

Demand for gold as a ‘monetary alternative’ to rise dramatically, Peter Schiff tells Boom Bust

Posted on July 18, 2020July 18, 2020By Editor

Metal prices, including gold and copper, have been rallying during the Covid-19 pandemic. Gold has gained over 15 percent since March, while Industrial metal copper has surged 35 percent over the last four months. … Read More >Demand for gold as a ‘monetary alternative’ to rise dramatically, Peter Schiff tells Boom Bust

British Airways grounds entire fleet of Boeing 747 jumbo jets amid Covid-19 crisis

Posted on July 18, 2020July 18, 2020By Editor

The world’s largest operator of Boeing 747s, British Airways, has announced that it will no longer operate the iconic aircraft as the travel industry suffers from the fallout of the coronavirus pandemic. … Read More >British Airways grounds entire fleet of Boeing 747 jumbo jets amid Covid-19 crisis

China rising to become Germany’s top export destination

Posted on July 18, 2020July 18, 2020By Editor

A new study by the German Economic Institute (IW) showed that Germany’s export markets continued to deteriorate as the Covid-19 crisis severely impacted global trade. … Read More >China rising to become Germany’s top export destination

China to slap anti-dumping duties on US propanol imports amid rising trade tensions

Posted on July 18, 2020July 18, 2020By Editor

Beijing has accused Washington of exporting n-propanol at dumping prices and will impose temporary additional duties on the imports, the Chinese Ministry of Commerce has announced. … Read More >China to slap anti-dumping duties on US propanol imports amid rising trade tensions

‘Attempted extortion’: Germany reaffirms commitment to Russian gas project despite US threats

Posted on July 17, 2020July 17, 2020By Editor

Berlin has no intention of changing its stance on the Russia-developed Nord Stream 2 pipeline as the Trump administration ratcheted up pressure against the project, threatening investors with sanctions. … Read More >‘Attempted extortion’: Germany reaffirms commitment to Russian gas project despite US threats

US economy was an ‘ENORMOUS BUBBLE’ before Covid-19 & pandemic is just the pin – Peter Schiff to Joe Rogan

Posted on July 17, 2020July 17, 2020By Editor

The only thing that spreads faster than coronavirus is ignorance about economics and finance, says veteran stock broker Peter Schiff. According to him, the pandemic just sped up the crash of the already deflating bubble. … Read More >US economy was an ‘ENORMOUS BUBBLE’ before Covid-19 & pandemic is just the pin – Peter Schiff to Joe Rogan

China’s economy roars back to growth after record coronavirus contraction

Posted on July 17, 2020July 17, 2020By Editor

China has become the first major economy to show signs of recovery and avoid recession amid the coronavirus pandemic, with its gross domestic product (GDP) rising 3.2 percent in the second quarter. … Read More >China’s economy roars back to growth after record coronavirus contraction

Unemployed Americans are spending more than when they had jobs, thanks to Covid-19 benefits – JPMorgan

Posted on July 17, 2020July 17, 2020By Editor

Additional financial aid given to those who lost their jobs amid the coronavirus outbreak has boosted spending, with Americans buying more than when they were working, recent research has found. … Read More >Unemployed Americans are spending more than when they had jobs, thanks to Covid-19 benefits – JPMorgan

China slaps sanctions on US arms maker Lockheed Martin over missile sales to Taiwan

Posted on July 15, 2020July 15, 2020By Editor

Beijing is imposing sanctions on US arms firm Lockheed Martin for its involvement in a missile deal with Taiwan, which China considers part of its territory. The move could further worsen relations between the US and China. … Read More >China slaps sanctions on US arms maker Lockheed Martin over missile sales to Taiwan

‘Get out now or risk the consequences’: US threatens investors in Russian energy projects

Posted on July 15, 2020July 15, 2020By Editor

US Secretary of State Mike Pompeo has warned investors to ditch two major Russian gas pipeline projects, Nord Stream 2 and TurkStream, or face Washington’s sanctions. … Read More >‘Get out now or risk the consequences’: US threatens investors in Russian energy projects