OPEC+ s 9mn b/d of spare capacity stands ready to ramp…
In the wake of the 2Q20 oil demand collapse, OPEC+ struck an unprecedented deal to remove nearly 10mn b/d of supply from the market. Now, with Brent trading into the $60-65 range, we expect OPEC+ to counter, adding more than 1.3mn b/d of supply in 2Qe and ramping further into year-end to keep prices and balances in check. Over the medium term, we think OPEC+ coordination will likely continue as the group wields its spare capacity in an effort to manage prices. GCC countries will likely have to carry meaningful spare capacity as demand growth slows and modest non-OPEC+ increases fill the gap.
LJUBLJANA (dpa-AFX) - Slovakia's retail sales declined at the fastest pace on record in January, figures from the Statistical Office of the Slovak Republic showed on Thursday.Retail sales decreased
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BitGo wins New York trust charter 04 March 2021
Source: NYDFS Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to BitGo New York Trust Company LLC (Bitgo NY) to operate as a limited liability trust company. With DFS approval, BitGo NY is authorized to provide digital asset custody and other related services to New York customers, including DFS supervised entities authorized to engage in virtual currency activity.
The study authors suggest that the biggest boost in risk reduction would stem from communication efforts aimed at raising awareness of COVID-19 risks among US adults under 40 years of age.
Manitoba also added 51 new cases of COVID-19, pushing the total to 32,051. Of those cases, 26 are in the Northern Health Region, while 22 are in Winnipeg. Three of the cases are in the Southern Health Region and both the Interlake-Eastern and Prairie Mountain Health Regions reported zero cases. The current five-day test positivity rate is 3.2 per cent in the province and 2.6 per cent in Winnipeg. Manitoba has 1,143 active cases and 30,005 patients have recovered.