Major Asian stock markets suffered heavy losses Monday, victims of the continuing spread of the global coronavirus epidemic and the collapse of the oil market, which caused the yen to soar against the dollar. At the Tokyo Stock Exchange it was particularly panic: at the midday break shortly before 3am the star index Nikkei further … Read more
This decision follows the failure of discussions between OPEC and Russia. Ryad thus intends to adopt a market share acquisition strategy. Through Le Figaro with Reuters –An oil refinery in Saudi Arabia. Fayez Nureldine / AFP Saudi Arabia, the world’s largest oil exporter, plans to increase crude oil production to more than 10 million barrels … Read more
Lebanon is heading for the first default in its history. After a meeting at the presidential palace on Saturday, the head of state, the prime minister, the head of parliament, the finance minister and the governor of the central bank hinted that the state would not reimburse not a debt maturing on Monday. During the … Read more
New York (awp / afp) – The dollar rebounded against the euro Wednesday after a sharp fall caused by the surprise drop in interest rates by the Federal Reserve (Fed), currency traders now anticipating that d other central banks will take similar action. Around 9:00 p.m. GMT (10:00 p.m. in Paris), the euro lost 0.30% … Read more
These announcements follow recommendations made Saturday by the American authorities, which ask their nationals not to go to certain areas of Italy. Through Le Figaro with AFP –Delta Air Lines planes will no longer serve Milan until May. SHANNON STAPLETON / REUTERS Airlines Delta Air Lines and American Airlines have announced the suspension of several … Read more
The United States announced Friday that it will raise the customs taxes imposed on Airbus planes imported from Europe to 15% from March 18, according to a statement by the US Trade Representative (USTR). These taxes have been 10% since last October, when the US government decided to hit $ 7.5 billion in European products … Read more
The US space agency acknowledged Friday that several problems had endangered the capsule for Boeing astronauts, Starliner, during its test flight empty in December, NASA regretting systemic problems in the aerospace giant. The flight “Suffered a lot of anomalies”, recognized NASA administrator Jim Bridenstine during a press conference call to “Never, never be afraid of … Read more
Through Le Figaro with Reuters The Chinese Central Bank announced on Sunday that it will inject 1.2 trillion yuan (173.8 billion US dollars) to support the country’s economy, which has been shaken by the coronavirus epidemic. The operation will take place Monday at the reopening of the Chinese financial markets, closed for the Lunar New … Read more
The World Health Organization (WHO) yesterday recognized the outbreak of the new coronavirus as a public health emergency of international concern – a decision made during a meeting of the WHO emergency committee. WHO Director-General Tedros Gebreisos noted that the reason for this decision was not in the pace of the spread of the virus … Read more
The union of French tour operators suspended travel to China until February 21 due to the coronavirus epidemic. Through Le Figaro with AFP –As regards tourists already on the spot, the tour operators’ union does not offer repatriation measures. COLE BURSTON / AFP The union of French tour operators (Seto) recommended Sunday the suspension of … Read more