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Category: East Asia

Category:
  • China

Coronavirus: China orders travellers quarantined amid outbreak

Authorities are also asking overseas Chinese to reconsider travel plans Travellers from countries with severe coronavirus outbreaks who arrive in some parts of China will have to undergo a 14-day Continue Reading

Posted On : 3 Mar 2020 Published By : Tom Whipple
Category:
  • China

China’s steel PMI drops in Feb due to coronavirus impact

China’s steel purchasing managers’ index, or PMI, fell 10.5 basis points from January to 36.6 in February, according to the latest statement from index compiler CFLP Steel Logistics Professional Committee.  Continue Reading

Posted On : 3 Mar 2020 Published By : Tom Whipple
Category:
  • China

Analysis: China boosts crude stocks in Feb amid refinery cuts, strong imports

China’s crude stockpiles rose in February amid a decline in refinery throughput as refined product demand took a hit due to the coronavirus outbreak, while crude imports remained largely steady, Continue Reading

Posted On : 3 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • United Kingdom

UK sets out plans to try and contain spread of coronavirus

The British government unveiled its “battle plan” to tackle the spread of coronavirus on Tuesday, with possible measures including school closures, home working and canceling large-scale gatherings to delay the Continue Reading

Posted On : 3 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Central bankers have no power against the economic tornado of coronavirus

Central banks have met their match. They cannot counter the economic havoc caused to global supply chains from the coronavirus. Nor can tax cuts or a blast of government spending Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Oil, Gas Operators Forecast to Slash E&P, Project Spending on Coronavirus Impacts

Global exploration and production (E&P) investments may take a substantial hit this year because of the coronavirus, as staffing and supply shortages at key construction yards in Asia and beyond Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Oil Looks Into Abyss as Coronavirus Threatens Demand Contraction

Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, its impact on energy demand.  For Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

‘This Will Be a Long Battle’: More Countries Report First Coronavirus Deaths

More countries reported their first coronavirus fatalities and the toll grew in places such as China, as the number of deaths from the epidemic globally nears 3,000. Hours after the Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Calls for policymakers to act to prevent coronavirus ‘doom loop’

Disruptions caused by the coronavirus outbreak that originated in China and is now spreading through the rest of the world are driving the global economy closer to a recession, triggering Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Why a Coronavirus Recession Would Be So Hard to Contain

It looks more and more likely that the novel form of coronavirus will do meaningful economic damage to the United States. Stock and bond prices already suggest that the outbreak Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple

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