Helen Rush, Author at Talk Finance

Opec+ agreement finalized

13th April 2020 Helen Rush

Oil cartel OPEC, Russia and other oil-producing countries agreed on Sunday evening to limit production by 9.7 million barrels per day for the months of May and June.…

In Foreign Affairs

S&P hesitates to downgrade US credit rating

3rd April 2020 Helen Rush

Credit rating agency S&P has not lowered credit rating of the United States, despite the expected deterioration of economic conditions due to the corona pandemic. At S&P, the…

In Money Matters

Renault closed all factories outside China and South Korea

30th March 2020 Helen Rush

The French car maker has closed all its factories, except those in China and South Korea, in connection with the outbreak of the new corona virus. Production will…

In Domestic Affairs

Retail prices fell 0.3 percent

26th March 2020 Helen Rush

UK retail sales fell 0.3 percent in February compared to a month earlier. This was announced by the British National Statistical Office. Economists had generally expected an increase…

In Foreign Affairs

European PMI at their record lows

24th March 2020 Helen Rush

The eurozone economy is severely affected by the coronavirus outbreak and government containment measures to curb the disease. In the service sector, for example, tourism, aviation, catering and…

In Foreign Affairs

Hamster rage continues: limit set on grocery, distribution at full speed

15th March 2020 Helen Rush

Long lines and empty shelves in supermarkets. The Dutch stock up on mass sustainable food products and toilet paper. The approximately fifty distribution centers of supermarkets in the…

In Money Matters

Reserve Bank of Australia lowered key rate to mitigate the impact of economic slowdown

3rd March 2020 Helen Rush

The Australian central bank has lowered key interest rates to mitigate the negative economic impact of the new corona virus. The Reserve Bank of Australia (RBA) thus takes…

In Foreign Affairs

Eurozone PMI indicates contraction, some analytics hope for silver lining

21st February 2020 Helen Rush

Business activity in the eurozone industry contracted less sharply in February than a month earlier. Market researcher Markit reported the preliminary data. The purchasing managers’ index for the…

In Money Matters

The EU Car sales figures plummeted y/y

18th February 2020 Helen Rush

Sales of new passenger cars in the European Union fell in January. According to the car industry association ACEA, sales dropped 7.5 percent to nearly 957,000 cars compared…

In Money Matters

Falling air traffic to and from China significantly lowered oil prices

1st February 2020 Helen Rush

The worldwide demand for oil has fallen sharply as a result of the outbreak of the new corona virus. According to analysts and traders, this decline is almost…