ECONOMY

US Index Futures Rise on Quarantine Mitigation

US Index Futures Rise on Quarantine Mitigation

Investors await the release of earnings reports of companies for the first quarter Futures on American stock indexes on Tuesday show growth ahead of quarterly earnings reports of companies. Meanwhile, investors are closely watching the gradual opening of the economies that were severely affected because of quarantine measures. A new week on wall street began with positive momentum, while some ...

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Merkel unpleasant sanctions against Russia. Chancellor made a statement

Merkel unpleasant sanctions against Russia. Chancellor made a statement

Merkel said sanctions against Russia during a pandemic are unpleasant. “Political problems need to be addressed to remove them,” said the German chancellor. German Chancellor Angela Merkel commented on the sanctions against Russia that continue to operate even in the context of the global coronavirus pandemic. According to the head of the German government, this is unpleasant. “Sanctions against Russia ...

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HOW PUTIN USED SAUDI ARABIA AGAINST THE US

HOW PUTIN USED SAUDI ARABIA AGAINST THE US

The oil war allegedly launched by Saudi Arabia against Russia turned out to be in fact just a clever maneuver, with which Vladimir Putin, roughly speaking, bent the Americans and forced Washington to obey the rules of OPEC. The Russian President easily and easily pulled off a subtle multi-step strategy to pacify the United States. Riyadh played the role of ...

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Cheap oil has made America compliant

Cheap oil has made America compliant

The new OPEC + oil deal is an extraordinary agreement. Not only that, but oil exporters have also agreed to an unprecedented volume of production cuts that are several times higher than previous quotas. So also the breadth of coverage has increased. For the first time in history, the US and five other non-cartel countries joined OPEC+. Why didn’t oil ...

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Economic indicators in the US are falling at a record pace

Economic indicators in the US are falling at a record pace

Industrial production in March fell at the fastest pace in 74 years, and retail trade fell for 28 years. In the US, key economic indicators recorded a fall at a record pace in March. According to us Federal Reserve, the country’s industrial production fell by 5.4% for the month – the highest rate of decline since January 1946. Production in ...

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The European Union lost three trillion euros due to the quarantine

The European Union lost three trillion euros due to the quarantine

The EU countries have a “very long list of economic difficulties” in connection with the coronavirus. The head of the European Commission, Ursula von der Leyen, announced the losses from the EU’s quarantine measures to combat the pandemic, and this figure is almost 3 trillion euros “These measures are already worth almost 3 trillion across the European Union. We have ...

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Trump announced a new deal OPEC +

Trump announced a new deal OPEC +

OPEC + countries plan to reduce oil production by 20 million barrels per day, rather than 10 million barrels as originally planned. This was stated by US President Donald Trump on his Twitter page. “OPEC + expects to reduce oil production by 20 million barrels per day, rather than 10 million barrels, as everyone said about it. If we at ...

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Oil production will be reduced by a record

Oil production will be reduced by a record

OPEC+ countries held talks with Mexico and agreed on the largest-ever reduction in oil production. The countries of the Organization of petroleum exporting countries (OPEC+) agreed to the largest-ever reduction in oil production due to the crisis triggered by the coronavirus pandemic, Reuters reports. According to an anonymous source of the American publication, today the OPEC+ countries held talks with ...

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