Oil Prices Drop Significantly

Oil prices fall sharply. Apparently triggered by reports that US President Joe Biden is considering releasing 1 million barrels a day from US oil reserves in the next few months…

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Saudi Arabia’s Drop in Production Benefits Oil Prices

Oil prices rose sharply on Monday, posting their largest single-session increase in three weeks, propelled by the entry into force of a further cut in Saudi production. A barrel of…

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British Airways Pilots Accept 270 Layoffs And a 20% Drop in Salary

Agreement between Bristish Airways and the unions to reduce labor costs due to the negative impact of the coronavirus. British Airways pilots have voted in favor of the latest agreement…

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Germany Suffers the Biggest Drop in its Exports in 70 Years

The paralysis of the economy due to the crisis leads German exports to collapse in April by 31.1% year-on-year and 24% compared to March. Germany exported goods and services worth…

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