Tajikistan’s Economy Is Feeling The Sting Of Russia’s Ruble Collapse
Taxi drivers in Tajikistan complain to their passengers, never to the government. And with the price of fuel on the rise, they have a lot to grumble about. A liter Continue Reading
Dams Are Becoming More Dangerous to Build as Good Sites Run Out
The Tapovan Vishnugad plant following a deadly landslide in 2021. With viable hydro sites scarce, dam builders around the world are pushing into high-risk areas, often based on outdated climate Continue Reading
Panama Canal postpones Neopanamax lock draft restrictions
Postponed draft decrease extends fully-laden Suezmax transits 49-foot draft restriction limits Suezmax tankers, Neopanamax container ship transits Waiting times for transit decrease to six days southbound The first draft reduction Continue Reading
Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources
Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost crude supplies after banning Russia’s oil imports, according Continue Reading
China’s March oil product demand under pressure as cities face lockdowns
Highlights Oil product demand may fall by 4% from original estimations Jet fuel, gasoil, gasoline most hit Analysts to observe government’s policy adjustment China’s oil product demand was under downward Continue Reading
China Seeks to Cut Reliance on Coal Imports With Mining Boom
China plans a massive increase in coal mining, a move that will dramatically reduce its reliance on imports and deal a blow to its near-term climate actions. The National Development Continue Reading
China’s soaring COVID case load raises concerns about costs of containment
China posted a steep jump in daily COVID-19 infections on Tuesday, with new cases more than doubling from a day earlier to hit a two-year high, raising concerns about the Continue Reading
Relentless Selling in China Stocks Evokes Memories of 2008 Crash
Hartmut Issel explains why UBS Wealth Management upgraded China stocks to “most preferred” despite the selloff. Bloomberg News A selloff across Chinese equities deepened on Tuesday as concerns about the Continue Reading
World Economy Braces for Supply Hit as China Battles Covid Again
The global economy — already struggling with war in Ukraine and the stagflation risks it’s fanning — is bracing for greater disruption as China scrambles to contain its worst outbreak Continue Reading
China’s January-February steel production dips 10% on year: NBS
China’s crude steel production in January-February decreased 10% on the year to 157.96 million mt, data from the National Bureau of Statistics showed March 15. Not registered? Receive daily email Continue Reading