Categories Business More than half of French industry restarts after Covid-19 shutdown – Finance Ministry Posted on Posted onApril 15, 2020April 15, 2020By Editor A large part of France’s economy “is functioning,” according to Finance Minister Bruno Le Maire, who said that close to 60 percent of the country’s industry has restarted after being shut down due to the coronavirus pandemic. … Read More >More than half of French industry restarts after Covid-19 shutdown – Finance Ministry
Categories Business ‘We’ve turned the dollar into toilet paper’, chief investment officer tells Keiser Report Posted on Posted onApril 14, 2020April 14, 2020By Editor Central banks and fiscal policy makers worldwide are launching huge stimulus measures in an effort to backstop the global economy, as the Covid-19 pandemic takes its toll. … Read More >‘We’ve turned the dollar into toilet paper’, chief investment officer tells Keiser Report
Categories Business US oil storage to hit its limit by mid-May Posted on Posted onApril 13, 2020April 13, 2020By Editor By mid-May, US commercial oil storage units could be completely filled if drillers don’t scale back production amid the largest oil glut the world has ever seen. … Read More >US oil storage to hit its limit by mid-May
Categories Business Russian unemployment may more than TRIPLE due to business shutdown amid coronavirus quarantine Posted on Posted onApril 13, 2020June 15, 2020By Editor The economic crisis triggered by Covid-19 can leave up to 8 million Russians out of work and the situation in the labor market may not improve till the end of the year, the head of Russia’s Accounts Chamber has warned. … Read More >Russian unemployment may more than TRIPLE due to business shutdown amid coronavirus quarantine
Categories Business Car production resumes at almost full pace as coronavirus restrictions ease in China Posted on Posted onApril 12, 2020April 12, 2020By Editor Almost all car production lines in China have returned to business after prolonged closures aimed at preventing the spread of coronavirus, according to a survey cited by the China Association of Automobile Manufacturers (CAAM). … Read More >Car production resumes at almost full pace as coronavirus restrictions ease in China
Categories Business China trade rebounds despite gloomy global outlook amid coronavirus lockdown Posted on Posted onApril 11, 2020April 11, 2020By Editor The Chinese Ministry of Commerce has reported that the country’s trade improved in March, following a dramatic collapse caused by the Covid-19 pandemic in the first two months of the year. … Read More >China trade rebounds despite gloomy global outlook amid coronavirus lockdown
Categories Business Exporters like Russia won as Covid-19 fears pushed grain market up, but now veggies may get sliced & diced Posted on Posted onApril 10, 2020June 15, 2020By Editor Coronavirus tanked global markets, but for grain producers like Russia, the pain was eased by a surge in prices. More bad news is on the horizon, however, as virus-induced labor shortages threaten the fruit and vegetable supply. … Read More >Exporters like Russia won as Covid-19 fears pushed grain market up, but now veggies may get sliced & diced
Categories Business Oil prices surge amid report Russia, OPEC & allied producers agree historic output cuts Posted on Posted onApril 9, 2020April 9, 2020By Editor Crude prices jumped 12 percent on Thursday after the Organization of the Petroleum Exporting Countries (OPEC) and major producers led by Russia agreed to cut output by 20 million barrels a day, according to Reuters sources. … Read More >Oil prices surge amid report Russia, OPEC & allied producers agree historic output cuts
Categories Business US weekly unemployment claims jump by 6.6 million, bringing 3-week total to more than 16 MILLION Posted on Posted onApril 9, 2020April 9, 2020By Editor The US Labor Department reported on Thursday that the jobless rolls continued to grow due to the Covid-19 lockdown, with 6.6 million Americans filing first-time unemployment claims in the week ending April 4. … Read More >US weekly unemployment claims jump by 6.6 million, bringing 3-week total to more than 16 MILLION
Categories Business Putin announces additional measures to support Russian economy & business amid coronavirus pandemic Posted on Posted onApril 8, 2020June 15, 2020By Editor Russian President Vladimir Putin has instructed the government and the Central Bank to develop an additional business support program amid the COVID-19 outbreak. The program should be finalised within five days, he said. … Read More >Putin announces additional measures to support Russian economy & business amid coronavirus pandemic
