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Month: May 2020

Category:
  • Economy
  • USA

Fed Warns of ‘Significant’ Hit to Asset Prices If Pandemic Grows

The Federal Reserve issued a stark warning Friday that stock and other asset prices could suffer significant declines should the coronavirus pandemic deepen, with the commercial real estate market being among Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Energy Demand
  • Transportation

Exclusive: United Airlines only needs 3,000 of 25,000 flight attendants in June

 United Airlines Holdings Inc ( UAL.O ) has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said, and warned Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Biofuels
  • USA

‘The worst may be behind us’: U.S. ethanol industry says inching back from collapse

The U.S. ethanol industry is showing some signs of recovery as government officials ease stay-at-home orders that depressed fuel demand, while a vote Friday in Congress could bring the industry Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Congress
  • USA

House Democrats’ relief package is historically huge. Economists say it might not be enough.

with Brent D. Griffiths House Democrats are poised to plow forward today with the biggest economic relief package in history, over the objections Republicans and moderates in their own ranks Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Water

EPA backs away from regulating controversial chemical in drinking water

The Environmental Protection Agency has decided against placing limits on a chemical known to cause potential brain damage in fetuses and newborns and thyroid problems in adults. The agency won’t Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Belarus
  • USA

US sends oil to Belarus, seeking to diversify from Russia

The United States has dispatched a shipment of oil to Belarus, which is seeking to diversify its supplies after a price dispute with Russia, the Belarusian government said Friday. The Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Europe
  • United Kingdom

Brexit Talks Go Nowhere, Adding New European Economic Headache

A further round of Brexit talks ended in a stalemate Friday, adding another economic anxiety in a region already battered by the coronavirus. With a trade deal of huge complexity Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Nord Stream

German regulator formally rejects request from Nord Stream 2 for EU law waiver

The German energy regulator Bundesnetzagentur on Friday formally rejected an application from the developer of the Nord Stream 2 gas pipeline to be exempted from new EU rules on non-EU Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

London’s First Steps Out of Lockdown Are Looking Pretty Green

A notable feature of London’s virus lockdown has been day after day of clear blue skies. Now that Prime Minister Boris Johnson has asked some Britons to return to work, the Continue Reading

Posted On : 16 May 2020 Published By : Tom Whipple
Category:
  • Prices

Crude higher in European trading amid stronger demand outlook

Crude oil futures contracts were trading above their levels from Thursday on Friday morning in Europe, with bulls in the market taking heart from the latest forecasting from the International Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple

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