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Posted on June 4, 2020

OPEC+ unity shaken as Iraq pushed to atone for oil cheating

The grand alliance that’s helped revive global oil markets is being rattled by a long-running feud over members breaking their promises.

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Posted on June 4, 2020

As Turkey gets back to business, doctors warn second wave could follow

Cafes and restaurants reopened and intercity travel resumed in Turkey after new cases of the novel coronavirus have steadily declined, though health officials warn failure to follow social distancing …

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Posted on June 4, 2020

Turkey plans to resume flights with 40 countries in June

Ankara has reached a preliminary agreement to resume reciprocal flights include Italy, Sudan, the UAE, Albania, Belarus, Jordan and Morocco ANKARA – Turkey plans to resume flights with around 40 …

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Posted on June 4, 2020

Vietnam fails to implement plan to have 1 million businesses

Nguyen Bich Lam, director general of the General Statistics Office (GSO), said at the launch of the White Book that Vietnam would have about 900,000 businesses by the end of the year. Because of Covid …

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Posted on June 4, 2020

Philippine Central Bank Reassures Investors Over Bond Buying

The Philippine central bank has reassured investors that its government bond-buying program that started in March is legal and won’t create risks to the economy, Governor Benjamin Diokno said.

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Posted on June 4, 2020

Philippine Dissenters May Face Terrorist Designation

President Rodrigo Duterte is expected to sign legislation defining terrorism so broadly that critics of the government could easily be detained without charge.

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Posted on June 4, 2020

Japanese Stocks Have Neven Been This Cheap Relative to S&P 500

Japanese stock valuations have trailed U.S. levels for a long time, but the recent rebound from the coronavirus selloff has driven the gap into a new territory.The Topix index’s climb into bull-market …

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Posted on June 4, 2020

Japan to Allow Humanitarian Exceptions to Re-entry Ban

Japan will allow some resident foreigners to re-enter the country on humanitarian grounds after facing criticism its policies made their return uncertain and left the group in a Covid-19 travel limbo.

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Posted on June 4, 2020

Kuwait wants to slash migrant population by more than half

While Kuwait has for years been slowly replacing public-sector expatriates with nationals, the coronavirus has accelerated its efforts.At the end of 2019, only 19% of the Kuwaiti workforce was in the …

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Posted on June 4, 2020

Kuwait vows to slash expat population from 70 to 30 percent

Kuwait’s prime minister has said the country’s expatriate population should be more than halved to 30% of the total, as the coronavirus pandemic and a slump in oil prices send shudders through Gulf …

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