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Tension In Middle East, Oil Prices Increase


The US West Texas Intermediate crude futures rose by 25 cents from the previous day and was at $62.27 for a barrel a rise of 0.4%. The Brent Crude futures also rose up by 0.7% up by 0.4% and ended the session at $72.04 for a barrel. The oil prices had stabilized after the fallout … The post...

Japan Considering Downgrading Its Economy As Per Direct Sources


A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...

Indonesia To Invest A Massive $412 Billion On Rebuilding The Country


Indonesia President Joko Widodo’s is planning to make a huge investment of $412 billion on rebuilding the country’s infrastructure. It is also thought of as being a strategy to boost the country’s economy beyond Java, which is its nerve-center. The plan is to build newer power plants, upgrade...

Australia Faces The Threat Of Unemployment


The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely.  This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...

Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit


When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...

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