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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Expectations that the global economy will not relapse after the entry of the fourth pandemic wave

    Rocky
    Rocky
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    • Post n°1

    Expectations that the global economy will not relapse after the entry of the fourth pandemic wave Empty Expectations that the global economy will not relapse after the entry of the fourth pandemic wave

    Post by Rocky Sun 21 Nov 2021, 6:05 am

    Expectations that the global economy will not relapse after the entry of the fourth pandemic wave

    •  Time: 11/20/2021 17:49:32
       
    •  Reading: 2,080 times

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    {Economic: Al Furat News} The former Parliamentary Finance Committee member, Sherwan Mirza, expected the new epidemic wave not to be reflected in the global economy.
    The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
    Mirza told Al Furat News that "the decline in oil prices in the recent period will not drop more than the barrier of 70 dollars per barrel, and the impact of the latest wave of the Corona virus will keep the points between 75 to 80 dollars.
    " He added, "The global economy in general will not be affected or deteriorated. With the new wave of the Corona virus, and this time we cannot go back to the beginning of the recession and the halt in the global economy that occurred with the outbreak of the pandemic and the lack of a vaccine.”
    Mirza attributed the reason for this to "the provision of the vaccine and the coexistence of people with the Corona virus."
     Oil prices fell about three percent below $ 80 a barrel yesterday, Friday, as a new increase in Covid-19 cases in Europe threatened to slow the pace of economic recovery, while investors are studying the possibilities of moving the world's major economies to withdraw from their strategic stocks of crude to calm energy prices.
    Brent crude futures settled down $2.35, or 2.9 percent, at $78.89 a barrel.
    West Texas Intermediate crude futures for December delivery fell $2.91, or 3.6 percent, to settle at $76.10 a barrel. And the price of crude contracts for January delivery fell $2.65, or 3.4 percent, to $75.78 a barrel.
    The two crudes suffered losses for the fourth consecutive week, for the first time since March 2020.
    The US National Academy of Medicine warned that the world faces the risk of a new pandemic that may bring greater human losses than the outbreak of the Corona virus.
    From: Raghad Daham
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