Not long ago opec and other Oil Exporting Countries agreed to cut production they wanted prices but the oil cartel is finding it harder than they thought at school prices continue to fall also coming up the u. S. Justice department accuses china of economic espionage charges to chinese nationals as the trade war between the two economic superpowers opens a new frocks and how a hand sized mollusk provides a billion dollars line for a struggling region. Im first of call welcome to the program the price of frank crude recovered slightly on friday after having slipped to its lowest level in fifteen months earlier oil prices have been steadily sliding for weeks dropping more than Twenty Five Dollars since the beginning of october when they were hovering around Eighty Dollars investors had hoped to supply cuts from opec or prop up prices of the cartel of oil producing
countries is finding that easier said than done. Earlier this month the Oil Cartel Opec and its partner countries agreed to c
The general culture looking at the stereotype question if you think you have time for that i know the time. You need to rethink his grandmother yeah. Its all that. Time rachel join me again and sunday. Post. Normal Flight Operations have resumed at hong kong airport after prodemocracy protests forced the cancellation of nearly a 1000 flights this week during overnight clashes riot officers fired tear gas at demonstrators gathered outside a Police Station and beijing is condemning the ongoing unrest calling it terrorists like. Stocks in the u. S. And europe fell sharply on wednesday after a closely watched Bond Indicator pointed to the growing risk of a u. S. Recession yields on 10 year Treasury Notes fell briefly below those of 2 year no
its a socalled inversion a contraction of germanys economy added to investor fears. Tens of thousands of women have taken to the streets of brazils capital to denounce President Jar your bull sonar on the march of the marker read as is held every 4 yea
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse more than half its workforce as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.UBS declined to comment on the reported job cuts when contacted by AFP.
Combined, the two groups had around 120,000 employees at the end of last year, with 37,000 of them in Switzerland.
global financial markets have reacted nervously to sunday night s emergency takeover of the swiss bank credit suisse. the bank was bought by its rival ubs, after regulators worked around the clock to secure the takeover. the problems confronting credit suisse had sparked fears over the global financial system. we can now speak to dianne pierret assistant professor of finance, university of luxembourg and research affiliate at the centre for economic policy research. thank you for taking the time to come on the programme. investor fears to come on the programme. investorfears appear to to come on the programme. investor fears appear to be easing in the us and the uk, with share prices rising what s your assessment on the ubs takeover of credit suisse and whether financial markets will ease out? ~ ~ whether financial markets will ease out? ease out? well, i think that the interventions