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Posted by The Analyst | 10 April 2020 | Business
China trade rebounds despite gloomy global outlook amid coronavirus lockdown

The Chinese Ministry of Commerce has reported that the country's trade improved in March, following a dramatic collapse caused by the Covid-19 pandemic in the first two months of the year. “Imports and exports have shown a certain improvement in March, according to feedback from various regions and industries,” said commerce ministry spokesman Gao Feng,...

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Posted by The Analyst | 10 April 2020 | Breaking News
Portuguese president ‘to propose’ extending national lockdown till May 1

Portuguese President Marcelo Rebelo de Sousa said on Friday that next week he will propose extending a national lockdown until May 1. The country has so far reported 15,472 confirmed cases and 435 fatalities, Reuters reported. Parliament is likely to approve his request. Portugal declared a 15-day state of emergency on March 18, and last...

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Posted by The Analyst | 10 April 2020 | Science & Tech
Final Fantasy VII Remake: A timeless video game classic is back!

'Final Fantasy VII' is considered one of the best video games. Now, Square Enix is bringing it back with the launch of 'Final Fantasy VII Remake.'

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Posted by The Analyst | 10 April 2020 | Politics
‘F-You, Main Street!’ Federal Reserve will now buy junk bonds while it bails out banks and billionaires

In less than a month 17 million Americans have applied for unemployment, while the Federal Reserve has focused on bailing out board rooms, billionaires, bankers and builders. Let them all fail. Last week I wrote about Wall Street corruption and fraud in the $6 trillion “rescue package”. CEOs depleted assets, took home record pay and...

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Posted by The Analyst | 10 April 2020 | Breaking News
Tokyo asks businesses to close as ancient Japan’s capital Kyoto warns tourists away

Metropolitan Tokyo asked some businesses to close and the ancient capital of Kyoto warned tourists to stay away as Japan battles an outbreak of the new coronavirus. Tokyo Governor Yuriko Koike said she was targeting a range of businesses for shutdowns from Saturday during a month-long emergency through May 6, after resolving a feud with...

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Posted by The Analyst | 10 April 2020 | Business
Mexico offers to cut oil production by 100,000 barrels per day, significantly less than requested by OPEC

The Organization of the Petroleum Exporting Countries and allied oil producers will decide on Friday whether Mexico's proposal to reduce its daily output is enough to secure a deal to cut global oil production. Mexican President Andres Manuel Lopez Obrador announced the cuts after he spoke with US President Donald Trump. "When I told him...

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Posted by The Analyst | 10 April 2020 | Business
Russia-OPEC production cuts may not be enough to save oil market

As the world waits for the Organization of the Petroleum Exporting Countries (OPEC) and allied oil majors to finally sign a deal on output cuts to stabilize the market, analysts say the move might fail to achieve its goal. Russia and Saudi Arabia – whose disagreement led to the collapse of the previous accord –...

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