The freight price dropped dramatically in recent weeks. It’s a consequence of the epidemic but may have huge impacts on the global economy
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From Yesterday to Today – October 20 – China and the rest of the world
The Chinese economy is turning the page on the pandemic, growth is back. Vigilance is maintained to avoid any return of the virus, but behavior is returning to pre-Covid crisis.Two…
Europe must choose its philosophy
The European Commission will have to choose between the Franco / German plan and the proposal of “frugal four”. The choice will shape the trajectory of Europe for the years…
The downturn trend in oil price will not reverse
The question on oil is simple: demand has dropped by 30 million barrels / day & inventories are overflowing. If production is cut by 10 million it will not reverse…