• IMF: Coronavirus crisis is not over yet

    10 Sep 2020 12:33 PM |

    Kristalina Georgieva, Director-General of the International Monetary Fund and chief economist Gita Gopinath have together published an article in Foreign Policy on warning

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  • US oil inventories put pressure on oil prices

    10 Sep 2020 12:11 PM |

    Oil prices fell on Thursday after data showed that US crude inventories rose last week and the US Energy Information Administration (EIA) cut its forecast for oil demand, despite Brent crude remaining above $40 a barrel.

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  • Trump raises prospect of decoupling US economy from China

    8 Sep 2020 01:54 PM |

    In a press conference on Monday evening, President Trump

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  • Oil slumps for fifth session in a row on demand fears

    8 Sep 2020 01:39 PM |

    Oil plunged to below $42 a barrel today, marking its fifth consecutive, driven by fears that the recovery in global demand may falter as fears of a second wave of the pandemic mount.

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  • Japanese economy contracting by its worst pace ever putting huge pressure on next Japan leader

    8 Sep 2020 11:39 AM |

    Figures released by the Japanese Cabinet Office showed a decrease in gross domestic product of 7.9% in the second quarter of 2020 compared to the previous quarter, which represents a decline of 28.1% on yearly basis and is the

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  • Germany's trade surplus widened in July

    8 Sep 2020 11:35 AM |

    Germany's foreign trade surplus reached 18.0 billion euros in July; data released by the country's Federal Statistical Office showed on Tuesday.

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  • Oil continues to fall after Saudi price cut

    7 Sep 2020 12:35 PM |

    Oil prices have resumed their fall at the beginning of the week

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  • PBOC injects $ 14.6 billion into market to ensure liquidity

    7 Sep 2020 12:13 PM |

    The People's Bank of China announced on Monday that it has injected 100 billion yuan, or $14.6 billion, into the market to maintain liquidity amid the global economic crisis

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