Foreign Affairs
IMF provides emergency funding for South African Republic
The International Monetary Fund (IMF) provides USD 4.3 billion of emergency loans to South Africa to help the country combat the corona crisis. It is the IMF’s biggest…
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China becomes a net importer of steel – first time since 2009
China has once again become a net importer of steel for the first time in 11 years, despite the fact that steel production in the Asian country itself…
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The eyewear saga seems to have no end
European Commission is presented with seemingly simple task to allow or deny EssilorLuxottica the right to acquire GrandVision. It is not about something lifesaving and utterly important. It’s…
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Hong Kong reports record growth in daily COVID-19 cases, no foul play suspected
Hong Kong reports surge in COVID-19 cases. Although it is tempting to deem it a manipulation intended to scare protesters it seems it is not the case. In…
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OPEC finalized the decision to allow more oil production since August
It seems that the decision to allow more oil to flow at the free market wasn’t an easy one for the oil-producing countries.Some verbal skirmishes were reported as…
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Kenes Rakishev expects to buy three gold mining companies, talks are underway
The former major shareholder of Petropavlovsk gold mine, Kazakhstani tycoon Kenes Rakishev is looking to acquire another three gold mining companies at Russia’s Far East. A reputable source…
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OPEC to ramp up the production as some signs of growing oil demand reported
OPEC plans to ease the restriction imposed to prevent the oil glut. Some cautious signs of growing demand are seen on the market and the oil price is…
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