by EFSD | Nov 9, 2020 | Economic News
Brent crude futures for January climbed $1.06, or 2.7%, to $40.51 a barrel by 0453 GMT and U.S. West Texas Intermediate crude for December was at $38.21 a barrel, up $1.07, or 2.9%.Oil recovered from a 4% decline on Friday, rising along with other financial markets...
by EFSD | Nov 8, 2020 | Economic News
Predictions on the intensity and impacts of environmental issues on various socio-economic aspects must be highlighted in the draft documents to be submitted to the 13th National Party Congress, said deputy head of the Vietnam Environment Administration (VEA) Nguyen...
by EFSD | Nov 7, 2020 | Economic News
The Malaysian government led by Prime Minister Muhyiddin Yassin will announce its proposed budget for 2021 on Friday.Battling a renewed Covid-19 outbreak, Malaysia needs greater fiscal support for its economy, but political jockeying could derail the government’s...
by EFSD | Nov 5, 2020 | Economic News
The Fed is not likely to make any new policy comments Thursday, but Chairman Jerome Powell is likely to discuss the need for economic stimulus.Stimulus has become a political football, and now the fate of a spending package could be subject to how the election turns...
by EFSD | Nov 2, 2020 | Economic News
Brent crude for January was at $36.78 a barrel, down $1.16, or 3.1%, by 0229 GMT, while U.S. West Texas Intermediate fell $1.24, or 3.5%, to $34.55 a barrel.Brent fell as much as 5.8% and WTI as much as 6% in early trade, hitting their lowest levels since May. Oil...
by EFSD | Nov 1, 2020 | Economic News
The International Monetary Fund (IMF) has said continuing government support is “essential” for the struggling UK economy to recover. The UK can afford it, and support is needed to see it through the coronavirus pandemic and the Brexit transition, the IMF...
