Tag: Global
Global imports of LNG hit all-time high – data
The EU’s race to replace Russian pipeline gas lies behind the unprecedented surge, according to Refinitiv Imports of liquified natural gas (LNG) by global consumers in 2022 totaled 409 million tons, compared to 379.6 million tons in the previous year, according to data from Refinitiv, as cited by Reuters. The record volumes were reportedly due to soaring demand, especially from the EU, which emerged as…
Oil Prices Down Almost 10% Since Start of 2023 From Global Recession
NEW YORK (Sputnik) – Crude prices are down almost 10% since trading began for 2023, amid fears about a global recession and the worsening coronavirus situation in top oil importer China. The post Oil Prices Down Almost 10% Since Start of 2023 From Global Recession appeared first on .
IMF: This Year Will Be 'Tougher' Than 2022 for Most of Global Economy
The IMF slashed its global growth forecast to 2.7 percent in October, down from the 2.9 percent prediction in July, amid negative factors such as the Ukraine conflict and sharply rising interest rates. The post IMF: This Year Will Be 'Tougher' Than 2022 for Most of Global Economy appeared first on .
Is a global recession looming in 2023? | Counting the Cost
If there is one word that has caught everyone’s attention in 2022, it is inflation. It has been a major concern for millions of people around the world and will remain so in 2023. All around the world, everyday goods and services are becoming more expensive. Rising costs are making life more difficult for many people, who are struggling to buy groceries, pay their bills…
Twitter’s suspension of journalists draws global backlash
The United Nations and the European Union have condemned the suspension of the Twitter accounts of several journalists who were critical of the new CEO Elon Musk. The UN says it sets a dangerous precedent. Musk says the journalists were publishing private information about him, putting his family in danger. In response to backlash, Musk has reinstated Twitter accounts of suspended journalists. Al Jazeera’s Gaybriel…
WTO says Trump's US steel tariffs broke global trade rules
The US said it disagreed with the ruling and would not remove the border taxes. The post WTO says Trump's US steel tariffs broke global trade rules appeared first on Rich TVX News Network.