Claiming that the world’s biggest economy would continue to need crude from abroad, OPEC’s two biggest suppliers to the U.S. shrugged off a vow by President Donald Trump to end dependence on the group’s oil. While the Venezuelan Energy and… Read More ›
Day: January 23, 2017
Banks Moving Currency Overseas Clamped Down Upon by China
As they attack one of the few loopholes remaining in the country’s strict new capital controls regime, Chinese regulators are stamping out moves by banks to shift renminbi out of the country. The efforts of internationalising its currency — a… Read More ›