The leaders of the United Kingdom and European Union launch their trade talks s on Monday.
Post-Brexit trade
UK Prime Minister Boris Johnson will talk to the President of the Council of Europe Charles Michel, President of the European Commission Ursula...
The Organization of Petroleum Exporting Countries (Opec) and its allies which came together via a videoconference after a long uncertainty, agreed to extend the production cut policy of 9.7 million BPD for at least one more month beyond June.
Oil
According...
Many countries around the world continue to gradually open up their economies as they lift restrictions imposed due to the Covid19 pandemic.
Diplomatic and commercial tensions between Washington and Beijing will be another hot issue to be followed due to...
Worldwide Coronavirus Toll of May 18, 2020;
Number of Cases: 5,370,893
Deaths: 343,617
Mortality Rate: 6.4%
Source: John Hopkins University
Due to Eid al-Fitr in Muslim-majority countries, the Bank Holiday in the United Kingdom and the Memorial Day in the United States this week...
Worldwide Coronavirus Toll of May 4, 2020;
Number of Cases: 3,505,761
Deaths: 247,431
Mortality Rate: 7%
Source: John Hopkins University
The week ahead might witness an increase in tensions between the US and China over the source of the coronavirus pandemic.
The flare in rhetoric...
Worldwide Coronavirus Toll of April 27, 2020;
Number of Cases: 2,962,915
Deaths: 205,936
Mortality Rate: 7%
Source: John Hopkins University
Governments are increasing their efforts to alleviate the socio-economic lockdown measures they have put in place in response to the coronavirus pandemic, as the...
Coronavirus Toll of March 15 2020*;
Number of Cases Worldwide: 167,101
Deaths: 6,473
Mortality Rate 3.9%
US Federal Reserve Slashed its Benchmark Interest Rate to ZERO.
The Fed lowered its rates by 100 basis points to a range of 0.0–0.25% with another extraordinarily rare...
Coronavirus toll of March 8, 2020*;
Number of Cases Worldwide: 107,535
Deaths: 3,660
Mortality Rate: 3.4%
With the spread of coronavirus in the Middle East and Europe, the week ahead will again be under pressure from virus-related developments.
The Outbreak in Italy and Arabia
In...
*Coronavirus Toll As of February 22;
Number of cases worldwide: 77,808
Deaths: 2,360
Virus Infections in Europe, the Middle East, and the Far East
As the end of February approaches, China is yet to defeat the coronavirus epidemic despite stringent measures affecting hundreds...
The Virus
Global stocks continue to be scared of the novel coronavirus spreading in and from China. The almost-pandemic aspect of the virus and the increasing number of victims will keep deeply worrying governments, health authorities, and financial markets worldwide.
Intervention...