Irans mega South Pars gas field nears completion
Despite being technically bankrupt, Iran is nearing completion of South Pars Phase 11, one of the world’s largest new natural gas developments.The...
US dollar likely to weaken further if Biden becomes president Citigroup warns
US currency will continue to weaken even as geopolitical risks fall after the presidential election, and the next stimulus package could be smaller than expected, Citi...
EU to slap tariffs on 4 BILLION worth of US goods over Boeing aid
The European Union (EU) said on Monday it has agreed to impose tariffs and other penalties on up to $4 billion worth of American goods and...
India bets big on its farmers to rescue economy from coronavirus pandemic
The Indian government is pinning its hopes on the agricultural sector to boost the country’s economy that has been hurt by the Covid-19 crisis. Bountiful rains...
A tax on meat to save the planet British health experts call for new...
A carbon tax should be introduced for food producers by 2025, a group of UK health professions has said, stressing that food production accounts for the...
Russian economy to cope with coronavirus shock better than expected European Commission
The European Commission has improved its forecast for the Russian economy, while downgrading its global outlook, as the coronavirus crisis continues to batter the world economy....
Libya throws ONE MILLION barrels of oil into already oversupplied market
Libya’s crude output has exceeded one million barrels per day since its oil industry came back online. However, the inflow may create shockwaves in the global...
Russia China trade NOT affected by pandemic set to hit 110 BILLION ambassador
The volume of trade between Russia and China could match last year’s level of $110 billion if it continues to develop at the current pace, said...
Consolidation is killing jobs in US shale industry
The long-awaited consolidation in the US shale patch is well underway, with several high-profile multi-billion-dollar deals announced in the span of just a few weeks....
Move over Musk Volkswagen Toyota revved up to challenge Teslas electric car market...
The bosses of the world’s two largest automakers, Volkswagen and Toyota, have hit out at Tesla as they seek to challenge their US rival’s leadership in...
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Fatal Early Morning Shooting Shakes Alamo Heights Community
The Alamo Heights neighborhood in Fort Worth, Texas, was rocked by a tragic shooting incident that left two people dead and another injured. The...
