There is good news for oil producers across the world. The price war that was raging between Russia and Saudi Arabia since the last one month has apparently come to an end as the two of the largest oil producing… Read More ›
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Grim Forecast For US Auto Industry In Q2 Due To Coronavirus Pandemic
For the first time since World War II, the number of cars that will be manufactured in the United States this month will be the lowest as auto production has come to a near standstill because of the coronavirus pandemic…. Read More ›
Oxfam Warns Half A Billion People Could Be Pushed Into Poverty Due To Virus Pandemic
According to a warning issued by Oxfam, up to half a billion people all across the world could be pushed into the poverty because of the economic fallout from coronavirus pandemic that is raving the world. If the warning of… Read More ›
Over 100 Global Organizations Demand Debt Relief For The Poorest Countries Of The World
Demands for the debt payments of developing countries to be dropped this year have been raised by more than 100 global organizations. the list includes those countries that are among the poorest in the world are finding it almost impossible… Read More ›
80% Reduction In French French Petrol Consumption In Just The Last 10 Days Of March
The strict stay at home orders during the lockdown of France resulted in a 80 per cent drop in petrol consumption in the last 10 days of March as cars remained off the road because of the travel restrictions, said… Read More ›
Coronavirus Conspiracy Theories In UK Sees 5G Cell Towers Being Torched
With the spread of conspiracy theories online that put link the spread of the coronavirus pandemic in the United Kingdom to 5G mobile technology, a number of cell towers in the country have been set on fire and engineers harassed…. Read More ›
Chinese Mask Makers Scramble To Make Most Of Growing Demand Amid Virus Pandemic
Chinese manufacturers of face masks are reportedly making huge profits as demand across the world rises among the healthcare workers and common people to try and fight the novel coronavirus. This rush to make masks has created a “madhouse” like… Read More ›
Service Sector PMI In Japan Drops At Fastest Pace In March Since 2009 Financial Crisis
A sharp drop in demand because of the coronavirus pandemic and the restrictions put on business activities have cause a contraction in the services sector of Japan in March that was the fastest for any month since the global financial… Read More ›
Record Drop For UK Service Sector Activity In March Due To Virus Pandemic
The economic impact of the coronavirus pandemic is being felt by the services sector of Britain, which in March recorded a decline in activity at the fastest pace beer seen in more than the last two decades. A joint report… Read More ›
All Time Record For US Unemployment Benefit Claim Due To Coronavirus Pandemic
The number of Americans who filed for unemployment benefits hit a history high for the last week as more and more lose their jobs because of shutting down of business due to the conronavirus pandemic. The latest figures broke the… Read More ›
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