The United Arab Emirates is not alone in its concerns about the “hostile confrontation” between the United States and China, the Gulf country’s foreign minister of state told CNBC on Wednesday. “Every time we see a confrontation between Washington and Beijing, the markets really shake,” Anwar Gargash told CNBC’s Hadley …
Read More »Why could the pandemic cause a copper concentration?
Factory workers secure large coils of copper tubing that will be wrapped and shipped. Michael S. Williamson | The Washington Post | fake pictures The coronavirus pandemic is poised to pave the way for “the copper age,” according to the Eurasia Group’s director of energy, climate and resources, as governments …
Read More »global economy to contract with slow coronavirus recovery
The Brazilian indigenous Anita, from the Marubo ethnic group, is notified that she contracted the new coronavirus by a member of the Brazilian Armed Forces medical team. EVARISTO SA The International Monetary Fund cut its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as …
Read More »European markets react to increase in coronavirus cases
European stocks opened lower on Wednesday due to an increase in US coronavirus cases. USA And beyond that, and regional outbreaks in Germany scared investors. The pan-European Stoxx 600 fell 1.5% during initial trade, with all sectors and major exchanges in negative territory. Car stocks, which were 2.3% lower, led …
Read More »Thousands of sailors are stranded in the sea amid the closure of the coronavirus
Tens of thousands of exhausted seafarers are trapped at sea in a humanitarian crisis that could spread and damage international trade and supply chains. Many are abandoned due to border closures and immigration restrictions designed to contain the coronavirus pandemic, which has also affected the regular change of crew members …
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