The head of the Export-Import Bank of the United States (EXIM) on Monday urged the Biden administration to keep pushing to neutralize Chinese export subsidies and help U.S. companies compete, building on gains.
Eurozone banks further tightened conditions for approving loans in the fourth quarter of 2020, a European Central Bank survey showed Tuesday, as a resurgence of Covid-19 clouded the outlook.
Less than two weeks into 2021, South Africa’s ‘favourite’ state-owned entity was back to its old tricks. Eskom announced that for the next three months, South Africans can look forward to a generous bout of load shedding every week.
It’s a bitter pill to swallow and the community is tired of dealing with rolling blackouts, especially when they are due to failures in Eskom’s maintenance and infrastructure.
The economy is practically at a standstill, with the entire country under lockdown level 3, yet Eskom insists that citizens need to cut back on power usage. All of this while being urged to work from home and children are expected to study online.