... market’s central bank and toward pumping more oil, even at a lower price, to prevent its reserves becoming a stranded asset. Till now, the kingdom has rarely produced above 10.5 million bpd despite h ...More
EJ Insight2020-03-12
Since its emergence in central China's Wuhan city in December last year, Covid-19 has quickly spread to other parts of the globe with the number of infections now exceeding 100,000 worldwide. Wearing ...More
EJ Insight2020-03-11
... , China’s central bank has more leeway to provide strong monetary stimulus without worrying too much about inflation pressure. With all that said, everybody would face a no-win situation if the oil pr ...More
EJ Insight2020-03-11
Tesla Inc. chief executive Elon Musk said he was looking for locations in the central United States to build a new factory for the company’s electric pickup truck, Reuters reports. “Scouting locations ...More
EJ Insight2020-03-11
... ctions in central Hubei province, the epicenter of the outbreak, continued to stabilize, with new cases declining for the sixth day. In Wuhan, the provincial capital, just 13 new infections were repor ...More
EJ Insight2020-03-11
... making. A central feature of the administration’s legislative proposal is payroll tax relief, although the extent and duration of the proposal were unclear. White House officials have also said the ad ...More
EJ Insight2020-03-11
... apital of central China's Hubei province, on Jan. 27. China came in for criticism at home and globally over its early response to the outbreak, suppressing information and downplaying its risks, but i ...More
EJ Insight2020-03-10
... om global central banks and governments calmed panic selling. Crude was also supported by hopes for a settlement and potential US output cuts, although gains could be temporary as oil demand continues ...More
EJ Insight2020-03-10
... rries the central government’s imprimatur. As chief executive, she has all the powers she needs to address Hong Kong’s underlying social problems. She does not need Beijing’s approval to establish an ...More
EJ Insight2020-03-10
... we expect central banks to cut policy interest rates further as well as use other, unconventional, monetary policy tools.” The US Federal Reserve on Monday sharply stepped up the size of its fund inje ...More
EJ Insight2020-03-10
... Wuhan in central China’s Hubei province by the fourth chartered flight arranged by the government. A 76-year-old female confirmed patient (the 99th case) died on Sunday afternoon, the third death cau ...More
EJ Insight2020-03-09
... the Wuhan Central Hospital; he died on the frontline on February 7, aged 34. On December 30, he warned of the risks of the virus. He and seven other doctors were summoned by the police and forced to w ...More
EJ Insight2020-03-09
... tions are centralized in large hubs. Financial activity is concentrated in the United States, for example, while China is the world’s manufacturing center. This structure is geared toward maximizing e ...More
EJ Insight2020-03-09
... that the central bank drops rates to zero and resumes asset purchases, Fels said. Other central banks, including in developing countries, are likely to ease policy further in coming weeks and months ...More
EJ Insight2020-03-09
... r India’s central bank placed the bank under a moratorium and imposed limits on withdrawals. A spokesman for Yes Bank did not immediately respond to a request for comment. Weighed down by an increasin ...More
EJ Insight2020-03-09
... with the central government is at an all-time high, and the lack of transparency over core information – such as quarantine lists – has spurred paranoia. It is high time that civil society steps in, ...More
EJ Insight2020-03-09
... European Central Bank has asked euro zone banks to urgently test their large-scale remote working or other flexible arrangements for critical staff. German and British financial regulators have also ...More
EJ Insight2020-03-06
Four charter flights have evacuated 469 Hong Kong residents from central China's Hubei province, the epicenter of the novel coronavirus (Covid-19) outbreak, in a two-day rescue operation that ended on ...More
EJ Insight2020-03-06
... bridge in central England in 2000, and had her flown back to Dubai. He also ruled it was proved that the sheikh had arranged for Shamsa’s younger sister Latifa to be snatched from a boat in internatio ...More
EJ Insight2020-03-06
... y chains. Central banks may need to act further China and its financial system will likely need to support a serious cash crunch due to decreased economic activity – with reduced employment, productio ...More
EJ Insight2020-03-05
