Business – Page 215 – THE OVAL CIRCLE

US stock markets rally as number of new coronavirus cases appears to fall

Posted on April 7, 2020April 7, 2020By Editor

Wall Street opened higher on Tuesday, building on the previous day’s gains, as investors hope the slowing growth of the Covid-19 pandemic will speed up the process of restarting the global economy. … Read More >US stock markets rally as number of new coronavirus cases appears to fall

Pound sterling PLUNGES after PM Johnson moved to ICU due to Covid-19

Posted on April 7, 2020April 7, 2020By Editor

The British pound has fallen sharply in value compared to the dollar and euro following coronavirus-stricken UK PM Boris Johnson’s admission to an intensive care unit after his condition “worsened” in the hospital. … Read More >Pound sterling PLUNGES after PM Johnson moved to ICU due to Covid-19

Dow surges over 1000 points on investor optimism as coronavirus fatalities slow in Europe & New York

Posted on April 6, 2020April 6, 2020By Editor

US stock markets are surging higher on Monday following news that the death rate from Covid-19 in New York State and the worst-hit European countries is declining. … Read More >Dow surges over 1000 points on investor optimism as coronavirus fatalities slow in Europe & New York

France facing worst economic downturn since WWII – Ministry of Finance

Posted on April 6, 2020April 6, 2020By Editor

France is likely to see its worst post-war economic slowdown this year due to the coronavirus pandemic, much worse than it faced in 2009 after the global financial crisis, said the country’s Finance Minister Bruno Le Maire. … Read More >France facing worst economic downturn since WWII – Ministry of Finance

Russian national wealth fund covers half of expenses for coronavirus medical aid sent to New York

Posted on April 5, 2020April 5, 2020By Editor

The Russian Direct Investment Fund (RDIF) has announced it is investing in production of testing systems, medicine, and medical equipment necessary to battle the spread of Covid-19. … Read More >Russian national wealth fund covers half of expenses for coronavirus medical aid sent to New York

Tariffs ALWAYS an option! Trump hopes Russia & Saudis reach oil deal ‘fair’ for US as Putin seeks cooperation from ALL sides

Posted on April 5, 2020April 5, 2020By Editor

US President Donald Trump hinted at the possibility of imposing tariffs on oil imports, due to a ‘massive excess’ supply on the global market created by the Saudi-Russian price war and exacerbated by the Covid-19 pandemic. … Read More >Tariffs ALWAYS an option! Trump hopes Russia & Saudis reach oil deal ‘fair’ for US as Putin seeks cooperation from ALL sides

Saudi Arabia denies trying to kill US shale, shifts blame for oil supply glut on Russia

Posted on April 5, 2020April 5, 2020By Editor

Having boosted its oil output to historic records, Saudi Arabia denied that it seeks to “get rid of” US shale oil producers, after Russian President Vladimir Putin accused Riyadh of aggressively targeting competitors. … Read More >Saudi Arabia denies trying to kill US shale, shifts blame for oil supply glut on Russia

US jobless claims surge to record 10 MILLION amid coronavirus lockdown

Posted on April 2, 2020April 2, 2020By Editor

Over 6.6 million Americans filed for unemployment benefits for the week ending March 28. The number of claims has grown to 10 million over the last two weeks. … Read More >US jobless claims surge to record 10 MILLION amid coronavirus lockdown

Russia resumes natural gas supplies to China via Power of Siberia pipeline

Posted on April 2, 2020April 2, 2020By Editor

Russian energy giant Gazprom announced on Wednesday the restart of natural gas deliveries to China following the completion of regular maintenance at the Power of Siberia pipeline. … Read More >Russia resumes natural gas supplies to China via Power of Siberia pipeline

US economy loaded with ‘debt bombs’ guaranteeing financial collapse – Max Keiser

Posted on April 2, 2020April 2, 2020By Editor

The 34 percent unemployment rate projected by Goldman Sachs for the US economy looks accurate to former Wall Street stockbroker Max Keiser. He told RT that the rolling financial disaster will continue until the Fed is shut down. … Read More >US economy loaded with ‘debt bombs’ guaranteeing financial collapse – Max Keiser