Yemen eyes 25% oil output increase within months
Jun 16, 2020 19:01 pm UTC| Economy
Yemen aims to increase its crude oil production by 25 percent to 75,000 barrels per day in the coming months to recover from the drastically reduced output caused by the civil war. Yemen produced around 127,000 barrels...
Canadian firms rely heavily on bonds to get through crisis
Jun 16, 2020 15:53 pm UTC| Economy
Canadas corporate bond issuance between January and May soared 22.5 percent to $57.9 billion as companies rushed to the bond market to safeguard their finances during the pandemic. The bond issuance was at its heaviest...
Japan to allow flights to Vietnam this June
Jun 15, 2020 22:24 pm UTC| Economy
Japan will start easing travel restrictions with a chartered flight to Vietnam this June to transport 250 Japanese businesspeople. The passengers will be exempt from quarantine in Vietnam and their return to Japan if...
Excessive liquidity to raise housing prices, warns S. Korea's finance minister
Jun 15, 2020 18:29 pm UTC| Economy
South Koreas finance minister warned that excessive liquidity could increase property prices after the government pledged to spend 270 trillion won to counter the pandemics aftereffect and the Bank of Korea (BOK) slashing...
Coronavirus recovery: why local markets are key to reviving our locked down town centres
Jun 15, 2020 12:46 pm UTC| Economy
During the early weeks of coronavirus in the UK, there was an obsessive focus on supermarkets and how they were handling the pandemic. It was as if traditional retail markets and small shops didnt exist. Many markets and...
Coronavirus exposed fragility in our food system – it's time to build something more resilient
Jun 15, 2020 12:44 pm UTC| Economy
Most people rely on supermarkets, and these megastores dominate our food economy. They are part of a system that depends on large-scale agriculture and production, smooth-flowing international food trade and fast...
Why the coronavirus crisis is still a moment of opportunity for the European Union
Jun 15, 2020 12:44 pm UTC| Economy
The COVID-19 pandemic is first and foremost a public health crisis with multiple ramifications for the whole world. The European Union has faced criticism for its slow response to the pandemic, reinforcing debates about...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects