A Chinese court on Monday jailed Zhang Zhan for four years for “picking quarrels and provoking trouble” while reporting the coronavirus outbreak in Wuhan, reports Reuters. Zhang, 37, a citizen-journalist, gave firsthand accounts from crowded hospitals and empty streets, revealing the dire impacts of the pandemic. Ms. Zhang believes she is being prosecuted for exercising her … [Read more...] about China Jails Journalist for Four Years over Virus Reporting
Forex News
Mozambique Troops Repel Attack Near $20 Billion LNG Project
Mozambique security personnel repelled an attack by Islamic insurgents on a town close to the site where Total SE is building a $20 billion natural gas facility, Bloomberg reports. The attack occurred about 21 kilometers (13 miles) from Total’s project overnight on Wednesday. The attack near the LNP project is the second this month on the town of Mute in the northern Cabo … [Read more...] about Mozambique Troops Repel Attack Near $20 Billion LNG Project
Brexit Trade Deal Reportedly Edges Closer as EU-UK Clinch Narrow Accord
Britain clinched a Brexit trade deal with the European Union on Thursday ahead of exit from the world’s largest trading bloc in a week, reports Reuters. The deal guarantees that Britain is no longer bound by the EU rules and potentially ends months of intense negotiations between the bloc officials and the U.K. The EU-UK trade news is welcome for many families and businesses … [Read more...] about Brexit Trade Deal Reportedly Edges Closer as EU-UK Clinch Narrow Accord
Oil Price Fall Drags Saudi Exports Lower in October
Saudi Arabia’s exports declined by almost a quarter in October year over year due to a fall in global oil prices. Exports were down to 57.8 billion riyals or $ 15.4 billion from 76.8 billion riyals in 2019. Revenues from oil exports fell by 32.7% in the same period. Non-oil exports fell 0.3% to about 18.9 billion riyals due to slowdowns in chemicals and related industries, … [Read more...] about Oil Price Fall Drags Saudi Exports Lower in October
GBP/USD Volatility Intensifies as COVID and Brexit Woes Mount
The GBP/USD is getting relatively volatile today as traders continue focusing on the new strain of the virus, strong UK economic numbers, and the blurry view on Brexit. The pair is trading at 1.1318, which is substantially higher than yesterday’s low of 1.3190. Strong economic data The UK economy rebounded in the third quarter as the country continued to reopen its … [Read more...] about GBP/USD Volatility Intensifies as COVID and Brexit Woes Mount
