OPEC+ Ministerial Meeting Reviewing Oil Cuts Starts on Thursday

MOSCOW (Sputnik) - The meeting of the OPEC+ Joint Ministerial Monitoring Committee (JMMC), which reviews compliance with oil production cuts, will start on Thursday amid reported concerns over the UAE’s non-compliance last month.The conformity...

Federal Reserve Chief Powell Elaborates on Interest Rates Decision of Central Bank

Earlier in the day, the Federal Reserve announced it will keep interest rates near zero for years until the US economy recovers from the effects of the novel coronavirus pandemic.US Federal Reserve Chairman Jerome...

Nord Stream 2 Construction Support Ship Heading for German Waters, Maritime Tracking Apps Show

Earlier, German media reported that Berlin had offered Washington a concession worth $1.2 billion for the financing of the construction of two ports for the import of US LNG in exchange for a rejection...

WTO Sides With China in Tariff Row With US

Washington initiated a trade war with China back in 2018 by introducing hefty tariffs on several groups of Chinese goods over Beijing's alleged abuse of the existing trade agreements between the two countries at...

Trump’s Ban of TikTok Will Not Prevent App’s Employees From Receiving Wages

MOSCOW (Sputnik) - US President Donald Trump's restrictive executive order banning the Chinese video-sharing platform, TikTok, in the United States will not prevent the app's employees from receiving wages or benefits, the US authorities...

Staying Aloft: Rival Nordic Airlines Demand More Aid Amid COVID-19 Crisis

SAS and Norwegian Air are bitter rivals, but both have applied for extra government assistance during the COVID-19 crisis that has kept most of their flights grounded and may ultimately lead to an overhaul...
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