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Month: July 2020

Category:
  • USA

Fed survey says economy has picked up but outlook cloudy

The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic levels with the country facing high levels of uncertainty. Continue Reading

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

Trump looks to curb landmark environmental act for projects

President Donald Trump is ready to roll back a foundational Nixon-era environmental law that he says stifles infrastructure projects, but that is credited with ensuring decades of scrutiny of major Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

Coronavirus Could Short-Circuit U.S. Industry Bounce

In recent years, purchasing managers indexes have become important indicators of where the global economy might be heading. But in the current slowdown, where small businesses were some of the Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • China

China’s Imports and Exports Rebound as Coronavirus Fades in World’s Second-Largest Economy

While the U.S. deals with the novel coronavirus, racial injustice and a presidential campaign, tensions with China continue to unfold. WSJ’s Gerald F. Seib explains. Photo: Wang Zhao/Agence France-Presse/Getty Images Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • China

China Owes $42 Billion To Clean Energy Companies

China may have amassed a debt pile of as much as $42 billion in renewable energy subsides that have still gone unpaid to solar and wind power capacity developers, Bloomberg Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • China

China’s economy rebounds after steep slump, weak demand, U.S. tensions raise risks

China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • China

China becomes first economy to grow since virus pandemic

China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • China

China’s June crude throughput rises 9% on year to record high 14.14 mil b/d

Crude oil throughput at China’s domestic refineries jumped 9% year on year to an all-time-high of 14.14 million b/d in June, absorbing some of the record high imports for the Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Biden pleases some once leery liberals with new climate plan – The Washington Post

Joe Biden has won over some left-leaning parts of the Democratic coalition skeptical of his bid for president with a new climate plan. As Matt Viser and I report, the former Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Oil Rises on Biggest U.S. Crude Stockpile Draw Since December

Oil jumped to a four-month high after U.S. President Donald Trump indicated that he doesn’t want to add more sanctions against Chinese officials for now in a move to diffuse tensions Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple

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