According to a conclusion of a new study, much more money, on a relative basis, is being spent by Germany than many other countries such as the United States in its efforts to counter the economic impact of the novel… Read More ›
Geopolitics
China owes Germany at least £130 billion for coronavirus damages: Germany’s Bild newspaper
Germany has followed, France, UK and the United States in their search to find the source of the coronavirus following the virus going pandemic and imposing a humongous economic cost on the global economy. Bild, a major German newspaper has… Read More ›
Falling Global Oil Prices To Cause Sharp Decline In US Shale Production
The collapse in the global oil prices is expected to reduce the production of shale oil by more than 2 million barrels a day because many of the oil producers in the country have been forced to shut down their… Read More ›
Global Economy Could Face A ‘Double Recession’ Due To Coronavirus
The IMF has already warned that the impending global economic recession because of the coronavirus pandemic is likely to be worse than the 2008 global financial crisis and at par with the Great Depression of the 1930s. . But according… Read More ›
Post-Brexit Trade Talks Could Be Derailed By The Coronavirus Crisis
According to analysts, the coronavirus pandemic raging through Europe threatens to slow down official talks on Brexit which makes it unlikely that the United Kingdom will be able to come to a formal agreement with the European Union on a… Read More ›
China may have conducted zero yield standard nuclear test at Lop Nur nuclear test site: State Department
In a report, the U.S. State Department stated, China may have secretly conducted a low-level underground test explosions nuclear despite being a signatory to an international pact which bans such blasts. The findings, which were first reported by the Wall… Read More ›
Q1 of 2020 saw China import $5.05 billion of U.S. agricultural produce
According to customs data, in the first three months of this year, China imported U.S. farm goods worth $5.05 billion (35.56 billion yuan), up by 110% from last year. Under the phase 1 trade deal, China has committed to purchasing… Read More ›
Economic Growth To Slump In South Asia Due To Pandemic: World Bank
The World Bank has warned that the worst economic performance in more than 40 years is likely to be seen by the countries of South Asia in the face of the novel coronavirus pandemic bringing economies to a standstill. This… Read More ›
Deepest Ever Oil Production Cuts By OPEC+ To Shore Up Prices
The oil producing cartel Opec, Russia and even the United States have joined hands to announce a record cut in output of oil and supply to the global market in order to prop up prices in the international market even… Read More ›
South Korea to ship 600,000 COVID-19 test kits to the U.S. on Tuesday
On Monday, an official from South Korea stated, Seoul plans on sending 600,000 coronavirus testing kits to the United States on Tuesday following a request for the same from U.S. President Donald Trump. Trump made the request for testing kits… Read More ›
manageria.biz 