China’s fuel demand has materially weakened after the coronavirus outbreak forced authorities to lock down cities and discourage travels. Some estimates put the current demand loss in China at around Continue Reading
Iran reported a 50% increase in coronavirus infections, while New York City, Brussels and Berlin all reported their first cases. The OECD warned that global economic growth will sink to levels Continue Reading
The global death toll from the novel coronavirus surpassed 3,000 Monday, as new cases jumped in Italy and South Korea and three more nations reported their first confirmed patients. The Continue Reading
The global economy will slow sharply this year as governments attempt to contain the coronavirus epidemic, although the scale of the setback is highly uncertain, the Organization for Economic Cooperation Continue Reading
The novel coronavirus continued its march around the globe Monday, despite travel restrictions aimed at curtailing its spread, but hopes of a coordinated monetary response by central banks lifted world Continue Reading
In a global society optimized for finance, it is easy to believe that finance holds the answer to all problems. In 2008 as shipping slowed to a crawl in the Continue Reading
Churches were closed in South Korea on Sunday, with many holding online services instead, as authorities fought to rein in public gatherings as 586 new coronavirus infections took the tally Continue Reading
China’s Uighur minority are being moved from their homes and mass detention camps into factories to work under conditions that strongly suggest forced labour for suppliers to a range of Continue Reading
Economic data shows the virus is hitting Chinese factories harder than the 2008 financial crisis Factory activity in China fell at a record rate in February, as manufacturers closed their Continue Reading
The Taekwang factory is among those employing Uighurs Thousands of Muslims from China’s Uighur minority group are working under coercive conditions at factories that supply some of the world’s biggest Continue Reading
