Tag Archives: Trade

The coronavirus. which originated in China. has spread to more than 60 countries and has killed over 3.000 people globally.

Two of Switzerland’s largest trade fairs fell victim to the coronavirus epidemic. with organizers of the Geneva International Motor Show and the Baselworld watch fair pulling the plug on this year’s salons as the outbreak spreads in Europe.

The head of the Vienna Energy Studies Group underlines the importance of the upcoming OPEC meeting. saying: The coronavirus outbreak has ruined the demand for oil.

CERAWeek. organized by consultancy IHS Markit was scheduled to run from March 9 to 13 in Houston.

Saudi Arabia and some other countries are looking for a 1 million bpd output cut for Q2. 2020 amidst weakening global demand.

Crude oil imports into the world’s top oil importer and key growth driver would be weaker in March than in February.

Latest figures and indexes are suggesting growing prosperity in Iran’s Southeastern port city of Chabahar where economic indicators are witnessing multiple jumps.

Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.

The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.

The issue of attaining $30 billion worth of annual bilateral trade with neighboring Turkey has been targeted.