IEA Says Predicting Oil Demand to Hit Record High This Year on China's Reopening
The International Energy Agency (IEA) says it predicts that demand for oil could reach record levels this year, ...
Source: theepochtimes.com
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Global stocks, oil prices slip as rising COVID cases prompt Chinese lockdowns
Beijing's most populous district urged residents to stay at home on Monday as the city's COVID case numbers rose, while at least one district in Guangzhou was locked down for five days.
Source: businesstoday.in
S&P 500 Stages Strong Comeback, ASX 200 Risks Being Left Behind on Chinese Lockdowns
The S&P 500 rallied into the close to reverse a downside gap at the start of the week. Ahead, Australia’s ASX 200 remains vulnerable as Chinese Covid lockdowns continue to intensify.
Source: dailyfx.com
Thousands May Be Held In China's New COVID Quarantine Camp
Thousands May Be Held In China's New COVID Quarantine Camp 01/20/21 AT 12:13 PM China is preparing to undertake new measures to prevent the spread of the coronavirus by building an enormous quarantine camp that will house more than 4,000 people. The camp is located just outside of Shijiazhuang, China, in the provincial capital of Hebei, where a strict lockdown was issued on Jan. 8 after a surge in coronavirus cases emerged in the country after the Lunar New Year. To control the virus surge in Shijiazhuang, officials have moved 12 villages of 20,000 people into centralized quarantine facilitie...
Source: ibtimes.com