China says in touch with U.S. on signing of Phase 1 trade deal
China and the United States are in touch over the signing of their Phase 1 trade deal, China’s commerce ministry said, which will see lower U.S. tariffs on Chinese goods Continue Reading
Two US trade deals bring only temporary relief
A degree of resolution is finally in view in two of the fights Donald Trump has picked with the US’s trade partners. Deals have been announced for a US-China trade Continue Reading
Australia heatwave: All-time temperature record broken again
Australians on the heatwave: ‘It’s so hot, I feel like dying’ A state of emergency has been declared in New South Wales, Australia, amid fears a record-breaking heatwave will exacerbate Continue Reading
China’s Nov oil product output rises 3.9% on year to 39.78 mil mt
China’s total production of six major oil products — LPG, naphtha, gasoline, jet/kerosene, gasoil and fuel oil — rose by an average of 3.9% on the year to 39.78 million Continue Reading
Australia braces for highest temperatures in recorded history amid blistering heat wave
Rural fire service and fire and rescue crews work to contain the Gospers Mountain fire in the Blue Mountains National Park, northwest of Sydney, on Tuesday. (Dean Lewins/EPA-EFE/REX/Shutterstock) Australia may Continue Reading
China Responds Slowly, and a Pig Disease Becomes a Lethal Epidemic
A devastating disease spreading from China has wiped out roughly one-quarter of the world’s pigs, reshaping farming and hitting the diets and pocketbooks of consumers around the globe. China’s unsuccessful Continue Reading
China suspends plan to impose extra tariffs on US energy, agricultural products
China has suspended its plan to impose additional tariffs on a list of US goods, including propane, corn and wheat, which were slated to have been implemented from December 15, Continue Reading
Chinese Economic Activity Gets a Lift as 2019 Comes to a Close
Value-added industrial output for November rose 6.2% from a year earlier, accelerating from a 4.7% year-over-year increase in October, the official National Bureau of Statistics said. November’s reading easily topped Continue Reading
China’s aluminum output falls 3% on year as demand slows
China’s primary aluminum output increased 0.6% month on month to 2.9 million mt in November despite a yearly decrease of 3.2%, according to the National Bureau of Statistics’ data released Continue Reading
The Two Countries Dictating Oil Prices In 2020
It’s the end of the year and authorities of various caliber and standing are making oil price forecasts for next year. This wealth of information can be confusing because of Continue Reading