OPEC Shares Its Fears, Hopes for 2020-2021
Throughout the report, the thought goes through the "red line" that a certain recovery of the global economy in the second half of 2020 will still not be able to compensate for the significant decline in the first half of the year.And, basically, we must rely on China, which improved the forecast for GDP growth in 2020 to 1.8% from the previous expectations of 1.3%.China in 2019 consumed an average of 12.98 million barrels of oil per day, due to...
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- Economics
- 14 August 2020 15:38
Analytics
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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