Comments made by the U.K.’s Finance Minister sent the Pound Sterling tumbling after it stoked concerns about a hard Brexit. Sajid Javid said in a Saturday interview that Britain was not likely to maintain EU trade rules, which was perceived as a threat to those businesses that had been hoping […]
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China is Confident About Next Year’s Industrial Growth – 20 January 2020
According to the Chinese Minister of Industry and Information Technology China is confident that industrial growth will be stable this year. “Looking forward to 2020, industrial development faces many difficulties and risks,” said the minister. “The pressure on stabilizing industrial growth is still big,” he continued, adding that the Chinese […]
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Oil Prices Soar on Libyan Shutdown – 20 January 2020
Oil prices touched their highest levels in more than a week on Monday after Libya’s National Oil Corporation (NOC) announced that two big oilfields were shutting down after forces supporting the Libyan National Army closed a pipeline. The move is the latest in a long-standing period of political conflict in […]