Castillo prioritizes relations with China and the companies of that country in the first days of his government | PERU

In his first week in office, the new government of Pedro Castillo has wasted no time in extending the hand of friendship to China, its main trading partner and largest buyer of its flagship export product, copper. In recent days, executives from large Chinese mines and the Chinese ambassador to Peru, Liang Yu, have met … Read more

Latin America is not booming, but there is hope for change

Despite all the Marquezian dramas of civil and class war, colonialism and corruption that have plagued Latin America, history shows that its economic destiny rises and falls with only one thing: the prices of oil, iron ore, copper Y other raw materials. Now, despite a recent drop, commodity prices have risen sharply since the beginning … Read more

The world lacks virtually anything. Concerns about inflation are growing

What is missing from the market Packaging There is already a shortage of packaging for goods on the world market. Plastic packaging, cardboard boxes and aluminum cans are missing. “It simply came to our notice then. There are no raw materials, there are no plastics, “describes the situation on the market Vlado Volek, a packaging … Read more

Jeng jeng..Big Boss Freeport Suggests Not to Build a New Smelter!

Jakarta, CNBC Indonesia – Freeport McMoran President and Chief Executive Officer (CEO) Richard Adkerson suggested that PT Freeport Indonesia not build a new smelter, after some time ago proposing to postpone the operation of the new smelter to 2024 due to the project being delayed due to the Covid-19 pandemic. Adkerson said, in exchange, his … Read more

In fact, gold is not the product of Freeport’s main mine

JAKARTA, KOMPAS.com – Gold is the first word that comes to the mind of many people after hearing the name PT Freeport Indonesia. However, gold apparently not a commodity yield mine main Freeport. President Director Freeport Indonesia Tony Wenas said the commodity produced from the mine was ore with the main mineral content, namely copper. … Read more

Central Bank agreed to maintain interest rate and measures to support liquidity and credit | Economy

At their September meeting, The Board of the Central Bank again agreed to maintain the monetary policy rate at 0.5%, in addition to maintaining unconventional measures to support liquidity and credit. They regret that the fall in Imacec (-15.3%) hits almost all sectors, although they assume that exports “show a degree of resilience greater than … Read more

Copper closes its best month since 2016, but it is not enough to erase the bad year

The metal jumped 1.36% today, hitting $ 2.73 a pound on the London Metal Exchange, buoyed by figures in China. Since the start of the Covid-19 health crisis, China has been the epicenter of concerns. But now, with the second economy in the world showing clear signs of recovery in its manufacturing activity, the Asian … Read more

Copper: 6 weeks is a good opportunity to prepare, and Tahir’s negotiations are not over

Wrote: Mohammed Mustafa – Monday 29 June 2020 12:06 am – – Imad Al-Nahhas, the technical director of the Arab Contractors, stressed that defining the Football Association for 6 weeks as a period of preparation for the resumption of football activity, is a good opportunity to prepare. Al-Nahhas said in televised comments to OnTime Sports, … Read more

The panic came overnight TIME ONLINE

content Read on one page content page 1 –The panic came overnight Page 2 –A new credit crisis could be imminent The corona virus has long since reached the financial markets. Rarely has Wall Street started a week with so much uncertainty. Will the days come a recovery of the courses or will everything only … Read more