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Month: August 2020

Category:
  • China
  • Venezuela

How Venezuela lost three oil supertankers to its Chinese partner

A shipping joint venture between Venezuela and China has fallen apart in the wake of U.S. sanctions, resulting in the South American nation losing three supertankers at a time when Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • USA

Few U.S. firms see Trump’s Phase 1 China trade deal as worth tariff costs, survey shows

Few U.S. companies doing business in China view President Donald Trump’s Phase 1 trade deal as being worth the cost of tariffs incurred over a two-year trade war, a new Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • China

Smartphone shipments in China plunge 35% in July: government data

 Smartphone shipments in China plunged 35% in July compared with a year earlier, government data released on Tuesday shows. The numbers suggest handset demand in China remains weak despite indications Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China’s CATL aims to make EVs drive further with new tech

 China’s CATL, a Tesla supplier, said on Wednesday it is working on a new technology that will allow battery cells to be integrated with an electric car’s chassis, shedding traditional Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • USA

China treads cautiously in the face of US sanctions

When Chinese diplomats began spreading conspiracy theories in March suggesting that the US army had brought coronavirus to China , the claims looked set to derail an already acrimonious relationship Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • Middle East

China To Expand Its Influence In The Middle East With Major Oil Deal

China continues to expand its influence in the Middle East through oil and infrastructure deals, and the latest deal with ADNOC is a great example of how Beijing looks to Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Australia
  • Hydrogen

Australia’s NSW approves first hydrogen gas facility

The New South Wales government approved the eastern Australian state’s first hydrogen gas facility on Aug. 12 that could potentially supply gas to greater Sydney by 2025. Receive daily email Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Biden locks down mainstream green groups with Sierra Club endorsement

Joe Biden has won the backing of one of the nation’s largest, oldest and most influential environmental organizations — the Sierra Club. Ramón Cruz, the Oakland-based green group’s president, said in Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. producer prices rebound in July; trend remains weak amid fragile demand

U.S. producer prices increased by the most in more than 1-1/2 years in July, but the overall trend in producer inflation remained subdued amid signs the economy’s recovery from the Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Hurricane Isaias Expected to Cost Insurers $4 Billion in U.S.

A worker looks at a fallen tree and power lines in Queens, New York, on Aug. 7. Hurricane Isaias, which left millions without power in the Northeast, is expected to Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple

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