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The World Health Organization is warning against complacency some European Countries ease restrictions nurseries in norway have reopened and Small Businesses are trading again in some parts of germany and denmark. The new coronavirus pandemic and lock downs have hurt the demand for oil globally and heres what Major Oil Producers have been trying to do to offset those losses back in the beginning of march opec recommended removing one and a half 1000000 Barrels Per Day from the markets russia refused on march 7th saudi arabia retaliated nonsuch plans to flood the market with oil instead prices sank below 20. 00 a barrel it took a few weeks but moscow in riyadh buried the hatchet and agreed ....
The race to the white house goes on joe biden is in but secured his place is the democratic nominee but can he be still trying to join us for continuing coverage of the u. S. Election 2020 on aljazeera. Well im Richelle Carey this is counting the cost on aljazeera your look at the world of business and economics this week billions now to save trillions in lost economic output the hunt for a vaccine is on well talk to the c. E. O. Of a drug maker that is using a cancer drug in trials to treat over 1000. 00 patients and from senegal the 1. 00 test kit. Oil shock crude to sink into negative territory now cheap oil may be good for some users but it also means job losses as rigs shut down production. As government spent trillions on keeping a condemnation from collapsing it is time to consider the other crisis Climate Change and starting to issue green bonds. But should take 10 to ....