Doubt Over COVID-19 Vaccine Efficacy Weighing On Stocks Indicate ‘Economic Scarring?
Concerns related to vaccine distribution have brought back the pandemic situation under focus whereby highlighting some of the grim realities of the world.
Oil
Kuwait names Crown Prince Sheikh Nawaf al-Ahmad al-Sabah as its new emir
Diplomats and analysts expect Sheikh Nawaf al-Ahmad al-Sabah to maintain Kuwait’s investment, oil and foreign policies and focus on domestic matters including boosting its finances which have taken a hit because of the coronavirus.
Facebook’s Whatsapp Payment On JioMart
Facebook C.E.O and Reliance’s Ambani are in talks for the formers “biggest purchase since acquiring WhatsApp”.
Engie Declined Direct Energie Purchase As It Needs No ‘Entry Ticket Into The France Power Market’: CEO
Engie, as a French power market player, feels no pressure to “split up” or to purchase Direct Energie.
Shell’s Strategic Move To Cope With Low Oil Prices
Shell sells 51% stake as the crude price tumbles down.
OPEC Oil Production May Not Have A Future
IEA’s Barol warns about the changing energy market trend which could lead to affect the OPEC oil industry.
Oil Prices Go Through An Unstable Week
The prices of oil market showed rising promises in the beginning of the week, however, it did not maintain the same stance through out.
Ferocious Russian bombardments take their toll on the Islamic State
Fighting a losing war, the Islamic State, is facing attrition not only in its fighting force, but economically too, the glut in the oil market is ensuring that they do not get top dollar for their spoils of war.
U.S, Gathers Support For Crude While The Oil Price Come Crumbling Down
The oil market of the U.S. has come close to the low margin ever shown in the last eleven years.
U.S Oil Prices End At Two Percent Lower, The Lowest On Record After 2009
The falling oil prices in the U.S. trade market raise alarm among the traders. The data attributes this trend on the additional oil rigs that were introduced recently.
Colombia : A New Tiger in Latin America
Relatively recently, the majority of investors in Latin America had little choice: Brazil, Mexico and Chile. However, today the situation has changed dramatically. The region has now a new group of countries that are highly attractive for international investments. “New Tigers” of Latin America, as they are often called, have the young population, growing middle class, rather low debt burden level and dynamically developing economy. Colombia is the most prominent among them.
Petrobas in search of newer pastures in Asia and Europe
As indicated by the Agencia Estado newswire, Petrobras CFO Ivan Monteiro said amid a recorded meeting with the directorate that Petrobras is courting the China Development Bank and the Japan Bank for International Cooperation. The organization is additionally being searched out by banks in Norway, Canada, the U.K. what’s more, Italy.
Renewable energy taking root in Latin America
With the cost of alternative energy playing catch up with that of fossil fuel, countries in Latin America are finding that it easier to switch over to green energy.
