Business – Page 216 – THE OVAL CIRCLE

US stocks dive amid dire government warnings about spread of deadly pandemic

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

Wall Street opened lower on Wednesday after US President Donald Trump prepared Americans for a surge in coronavirus infections in the country with a death toll that could reach 240,000. … Read More >US stocks dive amid dire government warnings about spread of deadly pandemic

US drillers face doomsday scenario as some crude blends hit $1

Posted on April 1, 2020April 1, 2020By Editor

Single-digit oil prices and unprecedented demand destruction are leading to production shut-ins all over the planet, but US shale and Canadian crude are the most affected. … Read More >US drillers face doomsday scenario as some crude blends hit $1

Covid-19 challenges globalization by reassertion of national borders to protect individuals, economics professor tells Boom Bust

Posted on April 1, 2020April 1, 2020By Editor

The impact of the Covid-19 pandemic on the global economy is projected to be devastating as the epidemic’s rapid spread has already led to the deaths of over 43,000 people and infected more than 871,000 worldwide. … Read More >Covid-19 challenges globalization by reassertion of national borders to protect individuals, economics professor tells Boom Bust

Chemical brothers: Monsanto & BASF knew for years their products destroy US farms, documents reveal

Posted on March 31, 2020March 31, 2020By Editor

US agro-chemical firm Monsanto and Germany’s BASF were aware for a long time that their plan to introduce a new agricultural seed and chemical system would probably lead to damage on many US farms. … Read More >Chemical brothers: Monsanto & BASF knew for years their products destroy US farms, documents reveal

Oil recovers from decades’ lows as Russia & US agree energy talks

Posted on March 31, 2020March 31, 2020By Editor

The price of crude rebounded on Tuesday from an 18-year low after Russian President Vladimir Putin and his US counterpart Donald Trump have agreed talks to stabilize energy markets. … Read More >Oil recovers from decades’ lows as Russia & US agree energy talks

Russia sets up new oil company to potentially take over operations in Venezuela

Posted on March 31, 2020March 31, 2020By Editor

A company specializing in the production and transportation of oil and gas has been set up in Russia, according to the state registry data. The new firm could take over projects in Venezuela after Rosneft sold its assets there. … Read More >Russia sets up new oil company to potentially take over operations in Venezuela

Russia’s Global Ports Group Says to Transit Containers from Europe to Asia Via Russia

Posted on March 31, 2020March 31, 2020By Editor

The Russian Global Ports Group announced on Monday it had launched a new transit intermodal service, AE19 Eastbound, from Europe to Asia via Russia that is almost twice as faster as the old route by sea. … Read More >Russia’s Global Ports Group Says to Transit Containers from Europe to Asia Via Russia

Coronavirus emergency plan could cut Russia’s economic growth

Posted on March 30, 2020June 15, 2020By Editor

Paid holidays announced by the Russian government to prevent the spread of Covid-19 will come at the expense of economic growth, but support for struggling businesses may offset the negative effects, analysts believe. … Read More >Coronavirus emergency plan could cut Russia’s economic growth

Doomsday is looming for paper gold – RT’s Max Keiser

Posted on March 29, 2020March 29, 2020By Editor

Those trying to get gold via the EFP (Exchange for Physical) are now realizing that the real metal is not there, further shattering the positions of paper gold, RT’s Keiser Report has found out. … Read More >Doomsday is looming for paper gold – RT’s Max Keiser

6 years of economic war toughened Russia to deal with oil market chaos

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

Russia has learned to survive Western sanctions and managed to accumulate enough funds to keep its economy afloat for several years even if oil prices continue to decline. … Read More >6 years of economic war toughened Russia to deal with oil market chaos