Tuesday , 16 December 2025

Recent Posts

Saudis to hike oil exports to record 10 million bpd

Bloomberg Saudi Arabia plans to boost oil exports even further from April to May, reaching a record of more than 10 million barrels a day as the kingdom taps a new field. The increase in shipments of about 250,000 barrels a day shows the kingdom is determined to carry on with its policy of pumping flat out after its alliance …

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IMF ready to mobilise $1trillion loan capacity to counter virus

Bloomberg The International Monetary Fund (IMF) is ready to mobilise its $1 trillion lending capacity to help nations counter the coronavirus outbreak, with Managing Director Kristalina Georgieva calling for global coordination on monetary, fiscal and regulatory support. Georgieva reiterated in a blog post that the fund has $50 billion in flexible and rapid-disbursing emergency funds for developing nations, with as …

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US stock futures whipsawed; dollar jumps, yuan weakens

Bloomberg US equity futures fluctuated on Tuesday and European stocks dropped as investors struggled to find their feet after the biggest plunge on Wall Street since 1987. The dollar jumped, while Treasuries retreated with gold. It was another day of volatility, with contracts on American share gauges at one point rising by their daily limits in the wake of the …

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