The Covid-19 pandemic is about to value world tourism as much as $ three.three trillion if the sector, which is important for a lot of nations’ economies, stays halted for one yr attributable to coronavirus restrictions, a current UN examine concludes. ...
Goodbye ‘Queen of the Skies’: Boeing to finish 747 Jumbo Jet manufacturing after 50 years
Posted On Saturday, July 4, 2020 By Russian Opinion. Under Economy Tags: after, Boeing, goodbye, Jumbo, production, queen, Skies, Years
US aerospace large Boeing will reportedly cease making its iconic 747 plane for good after it completes the final of the 16 jets presently on order. Covid-19 has crippled an already declining marketplace for the airplane. ...
Russia expects OPEC+ to ease oil manufacturing cuts in August
Posted On Saturday, July 4, 2020 By Russian Opinion. Under Economy Tags: August, cuts, ease, expects, OPEC, production, Russia
OPEC+ is just not discussing or planning modifications to its manufacturing reduce settlement, which ought to see the oil producers ease the cuts in August, Russia’s Vitality Minister Alexander Novak mentioned at a web-based convention on Thursday. ...
As excessive unemployment following the coronavirus pandemic saps house-buying demand, commercial-property buyers want to make the most of falling costs. In the ...
Israel to affix Russian-led free-trade zone this yr
Posted On Friday, July 3, 2020 By Russian Opinion. Under Economy Tags: freetrade, Israel, JOIN, Russianled, this, year, zone
A free-trade settlement between the Russian-led Eurasian Financial Union (EEU) and Israel could also be concluded in 2020, in keeping with Israel’s Cost d'Affaires Yacov Livne. ...
Because of coronavirus, Jeff Bezos is richer than earlier than his divorce
Posted On Friday, July 3, 2020 By Russian Opinion. Under Economy Tags: before, Bezos, coronavirus, divorce, Jeff, richer, Than, thanks
Whereas most individuals have been struggling to maintain their jobs in the course of the worst financial disaster in latest historical past on account of the coronavirus pandemic, Amazon founder and CEO Jeff Bezos’ fortune has soared to almost $ 172 billion. ...
The coronavirus pandemic is a public well being disaster and till it’s addressed, there'll almost certainly be financial hardships forward, stated Pakistan’s central financial institution governor Reza Baqir. ...
The Covid-19 pandemic has triggered a ‘financial savings glut’ in the US, which works “fully in opposition to” insurance policies designed to stimulate American financial progress, say Max Keiser and Stacy Herbert. ...
Passengers’ belief in Boeing & FAA is damaged, Allied Pilots Affiliation spokesman tells RT’s Increase Bust
Posted On Thursday, July 2, 2020 By Russian Opinion. Under Economy Tags: 'tells, Allied, Association, Boeing, Boom, broken, bust, Passengers, pilots, RT’s, spokesman, trust
Though Boeing and the Federal Aviation Administration (FAA) have accomplished certification-flight checks on the 737 MAX, the troubled jets are removed from returning to the skies, an aviation-industry insider believes. ...
Venezuela’s oil exports crash to 77-year low amid crushing US sanctions
Posted On Thursday, July 2, 2020 By Russian Opinion. Under Economy Tags: 77year, amid, crash, crushing, exports, sanctions, Venezuela's
Crude shipments from oil-rich Venezuela have hit new lows, tumbling in June to ranges unseen since 1943. Caracas is struggling to succeed in patrons for its crude as a result of rising US sanctions. ...
