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Oil down over 2% over rising US fuel stocks and demand worries
- Low demand concerns linger over more-than-expected rise in US gasoline inventories of 700,000 barrels last week
Bangladesh sees highest daily COVID-19 deaths, 3rd wave unfolds
- Nearly 120 deaths recorded in last 24 hours, government announces ‘harder lockdown’ as of Thursday amid surging infections
Colombia reopening border crossings with Venezuela
- Decision came as surprise to many after Foreign Ministry said it would keep border shut until Sept. 1 due to coronavirus
Turkey’s central bank chief says fears of early interest rate cut 'unjustified'
- Bank to continue setting policy rate above realized, expected inflation throughout disinflation process, says Sahap Kavcıoglu
Spain lifts state of emergency amid legal uncertainty
- Thousands celebrate end of more than 6 months of restrictions, others remain concerned
IMF revises down Saudi economic growth to 2.1% for 2021
- Budget deficit widened to 11.3% of GDP in 2020 as oil revenues fell and expenditure needs increased
COVID-19: Turkey announces full lockdown from Thursday
- President Erdogan says all workplaces will suspend their activities during restrictions which will last until May 17
UK lockdown eases as vaccination campaign continues
- England extends vaccinations to people under age 50, Scotland and Wales reopen non-essential retail, hospitality
Pakistan bans travel from India amid virus surge
- Ban imposed following spread of new Indian ‘double-mutant’ variant of coronavirus
20.04.2021
Asia
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Oil down over low demand fears from surging virus cases
- Slow pace of vaccination campaigns add to concerns over inability to achieve faster mass immunity
Turkey, Turkish Cyprus sign financial cooperation pact
- Turkey to continue to do its best for Turkish Cypriots to continue living in peace, says country's vice president
FDA okays storing Pfizer vaccines in standard freezers
- Move will allow vials to be transported and stored under more flexible conditions, says FDA official
Biden signs order to bolster critical supply chains
- 'We shouldn't have to rely on a foreign country, especially one that doesn't share our interests or values,' president says
EU sets 3-month target for introducing vaccine certificates
- EU heads of state, governments begin 2-day virtual summit to discuss vaccinations and travel restrictions
Janet Yellen becomes 1st woman to lead US Treasury Dept
- President Joe Biden now has three members of his Cabinet confirmed by Senate
Biden signs 15 orders in sweeping erasure of Trump acts
- President describes efforts as 'starting points,' saying his policy agenda is 'bold and vital'
Oil prices down on concerns over COVID-19 vaccines
- Further lockdowns in Europe and Asia erase last week’s gains, according to experts
Oil prices up over higher US pandemic relief plan
- Increase in number of coronavirus cases worldwide and tightening measures continue to raise concerns over oil demand
China: Daily COVID-19 cases top 100 mark in 5-month 1st
- Latest virus outbreak in Hebei province leads to emergency measures in affected areas in China
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Biden rolls out stimulus plan, names economic team
- President-elect says 'anxiety and fear of' everyday workers remind him of economic crisis he helped lead US out of in 2009
World Bank raises Turkey's 2020 growth projection
- Outlook for 2021 downgraded with sharp rise in new COVID-19 infections, weak tourism, tight monetary policy
Oil prices up after US okays stimulus payments
- Investors are now waiting for outcome of OPEC+ meeting on Jan. 4 when group will decide on next month’s production quota
Oil down on demand fears from spread of virus variant
-US President Donald Trump finally signs pandemic relief pack, boosting hopes for economic recovery in country
Pfizer to supply additional 100M vaccine doses to US
- Delivery expected by July 31
More than 1M get COVID vaccine in US: CDC
- At least 1,008,025 people have received vaccine; 9,465,725 doses have been distributed
24.12.2020
Americas
Canada approves Moderna virus vaccine
- At least 1.2 million doses from both Pfizer and Moderna on track to be delivered by Jan. 31, says Justin Trudeau
China’s economy to grow nearly 8% in 2021: World Bank
- World Bank however urges China to strengthen its ‘still fragile private demand’
Oil prices down over pandemic-driven demand fears
-Further fueling weak demand fears, US crude oil inventories are forecast to rise by 2.7 million barrels, API figures show
US panel recommends Moderna vaccine for emergency use
- If approved, Moderna's vaccine will be country’s second authorized COVID-19 shot
18.12.2020
General
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