China’s Commerce Ministry said on Wednesday it will ask various industry associations in the country to help foreign firms affected by the virus outbreak get force majeure certificates. The ministry, Continue Reading
As deaths approach 500, no sign of a slowdown in China. The death toll from the monthlong coronavirus outbreak has continued to climb in China, rising to 490. New cases Continue Reading
China’s small-scale independent refineries are set to witness their sharpest throughput cut in February as the slowdown in the economy was aggravated by the coronavirus outbreak, refining sources and analysts Continue Reading
It would be challenging for China to falsify 2020 GDP figures between 6% to 6.5% amid economic fallout from the coronavirus outbreak. The Communist Party of China had come to Continue Reading
When Hurricanes Katrina and Rita swept through Louisiana in 2005, cities like Houston, Dallas, and Baton Rouge took in hundreds of thousands of displaced residents—many of whom eventually stayed in Continue Reading
Travel restrictions related to the novel coronavirus from China could impact city and state economies across the United States, which have benefited from a huge jump in tourism from China Continue Reading
White House National Economic Council Director Larry Kudlow said Tuesday he expected the fallout from the deadly coronavirus to delay—but not derail—the economic boost the U.S. anticipated from the first Continue Reading
Executives at several carmakers and motor parts suppliers warned that plants in Europe and the US were only weeks away from being forced to close as disruptions caused by the Continue Reading
Apart from driving a clean transportation revolution over the next three decades, electric vehicles (EVs) could help the power grid’s storage needs as growing shares of renewable energy sources—predominantly solar Continue Reading
US Senator Bernie Sanders, a leading Democratic presidential candidate, has introduced legislation to phase in a nationwide ban on hydraulic fracturing and immediately block all federal permits on “fracked” oil Continue Reading
