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OPEC+ does not expand production in November, US oil closed 2.3% higher on Monday, hitting a new high of nearly 7 years
In the early morning of the 5th Beijing time, crude oil futures closed higher on Monday, and US WTI crude oil hit the highest closing price since 2014. OPEC and its allies have decided to maintain the current agreement to gradually increase crude oil production each month. Peter McNally, Head of Global Industry, Raw Materials and Energy at Third Bridge, said, “After a sharp reduction in production in the second quarter of 2020, the OPEC+ oil producer group only gradually increased supply to the market, and market demand is expected to fully recover in 2022.” On Monday, the Organization of Petroleum Exporting Countries and its Allies (OPEC+) reiterated its July statement
IATA expects the global aviation industry to lose 78% next year and return to profit in 2023.
The International Air Transport Association (IATA) said in a forecast on Monday that as airlines slowly recover from the COVID-19 epidemic, the global aviation industry is expected to lose nearly $12 billion next year, down 78 per cent from this year's losses. IATA said industry losses in 2021 would be more severe than originally expected, reaching $51.8 billion, up from the $47.7 billion forecast in April. The net loss of the global aviation industry in 2020 was $137.7 billion, higher than the $126.4 billion estimated by IATA earlier this year, and brought the total net loss caused by the epidemic to more than $200 billion.
20:Wedbush Securities said Tesla, Inc. will perform strongly in the second half of the year.
In the early morning of the 18th, Beijing time, U. S. stocks closed down on Friday, the main stock index continued its dismal performance since September, the S & P and Nasdaq both recorded their second consecutive week of losses. The US consumer confidence index remained at its lowest level in nearly a decade in August. Investors are worried about the severe COVID-19 epidemic in the US, the impending Fed meeting and the weak performance of US stocks in September. Quadruple Magic Day magnifies the volatility of US stocks. The Dow fell 166.44 points, or 0.48%, to 34584.88; the Nasdaq fell 137.96 points, or 0.91%, to 15043.97;
The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BZ, OTLY and YALA
Tesla, Inc. Model Y and Model 3 occupy about 2% of the American electric vehicle market.
August 17: according to data released by Experian, the number of electric vehicle registrations in the United States more than doubled in the first half of 2021, with 214111 new electric vehicles registered in the United States from January to June. Considering that there were 98351 electric vehicles registered in the United States in the first half of 2020, the figure is growing rapidly. In the first half of last year, electric vehicles accounted for only about 1.5% of all new car registrations in the United States. Now, this proportion has increased to 2.5% of the total number of new car registrations. With the strong momentum of the electric vehicle market this year, Model Y, the best-selling electric vehicle in the United States,
The lowest corporate tax in the world comes out and Wall Street panics, "preparing to lower expectations for next year."
In order to fund large domestic spending projects, the United States has made an ambitious proposal to countries around the world: it is time to overhaul the global tax system. After years of negotiation, an agreement is just around the corner. The Group of Seven finance ministers meeting in London on Saturday agreed to impose at least 15 per cent of the world's minimum corporate tax on multinationals. The group also says the largest companies should pay taxes where they generate sales, not just where they have physical operations. The news was for the G-7 leaders' meeting in Cornwall this week and the G-20 in Venice, Italy, in July.
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