Economy

Azerbaijan to cut oil production by 164 thousands bpd

#OPEC and Russia agree to cut oil production

World economy faces $5 trillion hit that is like losing Japan. #Bloomberg

Eurogroup falls short of economic deal to fight #coronavirus․ #POLITICO

U.S. to block Iran’s request to #IMF for $5 billion loan to fight #coronavirus. #MarketWatch

#Forbes estimates Trump’s loss for the month from a #coronavirus pandemic at $ 1 billion

Mexico stops brewing Corona beer, deemed non-essential in epidemic․ #ElUniversa

#Coronavirus pandemic economic fallout 'way worse than the global financial crisis,' #IMF chief says

Oil, shares slip as investors doubtful over Saudi-Russia deal

Saudis explore ways to resolve oil-price war. #WSJ

$486 million in World Bank financing for Europe and Central Asia сountries to address health, economic impacts of #COVID_19

#Boeing to temporarily suspend Philadelphia area operations in response to escalating pandemic

#IMF seeks to help poor countries deal with #coronavirus

UN chief says #COVID_19 is worst crisis since World War II

As Saudis shop discounted crude, refiners say ‘no thanks’

US Senate passes $2tn disaster aid bill

US may introduce anti-Russian sanctions to stabilize oil prices

#Apple limits online #iPhone purchases to two per person amid #coronavirus

Shocking moment gang of thugs smash doors of south London Sainsbury's․ #DailyMail (photo)

The ruble is recognized as the second most unstable currency in the world, worse only Mexican pesos

Roughly 5 million people in China lost their jobs in the first 2 months of 2020

Another big market collapse heightens fears of global recession

Exclusive: Russia to OPEC - deeper oil cuts won't work. #Reuters

Iraq, Kuwait Follow in Saudi Footsteps on Oil-Price Curbs. #Bloomberg

ECB’s Lagarde warns of 2008-style crisis unless Europe acts. #Bloomberg

Ontario Superior Court informed about misleading information in mining company Lydian’s affidavit: AEF

US and China Signed the First Part of the Trade Deal

No Nation Owns The Ocean, But These 5 Navies Control It (photo)

Saudi Aramco Seeks Up to $1.7 Trillion Valuation in IPO, Undershooting the Crown Prince’s Target

Countries like Armenia, countries that train people in how to code, can become an economic powerhouses. Richard Clarke