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World News

A collection of 792 issues

Libya shut down its largest oil field

OPEC member representatives also warned of future shutdowns as protests against the prime minister grow. Libya could lose more than half of its production capacity of 1.2 million barrels per day. Production across the country could be almost completely halted if protesters carry out their threats to close the

New Perspectives for U.S. LNG Exporters

Europe's drive to reduce dependence on Russian gas should be a goldmine for LNG exporters from the United States, the world's largest gas producers

Labor force levels in the U.S.

Labor force levels in the U.S., despite record-low unemployment, are still below pre-pandemic levels. However, the upward trend shows that the level will be reached in the near future.

Paris blocked central square in protest of election

Climate change activists forced the closure of the main square in central Paris on Saturday to protest the environmental programs put forward by the French presidential candidates. Macron and Le Pen have put forward very different ideas for the renewable energy sector. The incumbent president's ideas have never

Omicron subvariants BA.4 and BA.5 continue to spread across Europe and Africa

WHO reports that Omicron subvariants have been found in Botswana, South Africa, Germany, Denmark and other countries. BA.4 and BA.5 do not yet appear to be more infectious or deadly than the original omicron mutation, but this is not definitive.

Russia Deliberately Breaches Arrangements

Moody's: According to our data, Russia made payments on two bonds maturing in 2022 and 2042 in rubles, not in U.S. dollars, which indicates a violation of the payment terms

Ford reports that sales in China fell 18.8% to about 125,000 units in the first quarter

Covid restrictions in China are probably having an impact. Tesla stock may react negatively to this news.

Waller at the Fed: The latest inflation data came as no surprise

The Fed will continue its plan to raise rates to get inflation under control. The consumer price index for March is "almost a peak," Waller added. Waller also noted, Higher mortgage rates will affect how much people will buy homes for. Prices will come down in the coming

Nexo and Mastercard launch "world's first (companies claim) cryptocurrency-enabled card"

Cryptocurrency lender Nexo said it has teamed up with global payments company Mastercard to launch a cryptocurrency credit card. The card will initially be available in several European countries. The new credit card allows users to spend their digital assets to buy goods. The tokens are provided by Nexo as

OPEC oil production in March rose by only 57,000 bpd to 28.56 million bpd in February, the group's report

OPEC raised its 2022 U.S. oil production forecast, expecting an increase of 0.86 mb/d to 12.04 mb/d. OPEC lowered its 2022 outlook for oil production outside the organization, now expecting it to be 66.26 million bpd. OPEC lowered its forecast for growth in global