Economy
OPEC urgently needs to continue working with its non-OPEC allies to overcome the contraction of oil demand

Amid oil price volatility, expanded producers agreements and questions about the long-term outlook for oil, OPEC was celebrating its 60th birthday last month. OPEC’s ability to emerge from adverse...

Read more
IEG: ECOMONDO AND KEY ENERGY From 3rd to 6th November 2020 At Rimini Expo Centre (ITALY) The Great Appointment with the Green Economy

https://en.ecomondo.com Rimini (Italy), 23rd  October 2020 – The countdown has begun. Ecomondo and Key Energy are returning to Rimini expo centre (Italy) from 3rd to 6th November. The figures...

Read more
Kuwait may be in urgent need to borrow 66 billion dollars

Due to the repercussions of the Coronavirus pandemic and the fall in oil prices, Kuwait is currently going through one of its worst financial crises. Some sources estimate that the general budget...

Read more
World Bank: Global debt to exceed $257 trillion

Reports from the World Bank and the International Finance Corporation indicate that the global debt size is expected to increase to its highest level to $ 257 trillion in the first quarter of 2020,...

Read more
IMF slashes growth forecasts in the Middle East again amid an ‘unusually high level of uncertainty’

According to its recent regional economic report, the International Monetary Fund has lowered its forecast for growth in the Middle East and North Africa region once again due to the...

Read more
G20 leaders pledge to support developing countries against the Corona pandemic

At the end of an emergency summit held via video, G20 leaders pledged to pump 5 trillion dollars into the global economy, to face the effects of the Corona “Covid-19” pandemic, and to...

Read more