Deadliest China Coal Mine Blast Since 2009 Kills at Least 90
The death toll from a gas explosion at a coal mine in China’s Shanxi province has jumped to at least 90 people, making it the country’s deadliest such incident since 2009.
The death toll from a gas explosion at a coal mine in China’s Shanxi province has jumped to at least 90 people, making it the country’s deadliest such incident since 2009.
Ebola is spreading faster than responders can track it in eastern Congo, where health workers managed to follow up with barely one in five identified contacts in a single day.
India’s state-run refiners raised retail prices again of diesel and gasoline on Saturday to help processors cut losses on discounted sales and to control a spike in demand.
For years, Indonesia’s raw materials have been ferried from remote mines and plantations to global markets by armies of traders who handle negotiations, loans and even cranes and river barges.
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.
Central African countries have no plans to devalue their common currency despite economic pressure caused by weak growth and low foreign-exchange reserves, according to Bank of Central African States Governor Yvon Sana Bangui.
Market downturns typically tag new central-bank leaders. And Warsh faces a tough choice between crushing demand or saving the bull market.
Inflation is exposing a major divide in the US economy according to Citi Retailing and Hardlines Analyst Steven Zaccone, He joins Bloomberg Open Interest to explain why wealthy consumers keep spending while lower-income shoppers struggle with rising gas and living costs. From Walmart and BJ’s to Williams-Sonoma and AutoZone, we look at the retail winners and losers in today’s “K-shaped” economy. (Source: Bloomberg)
President Donald Trump and new Federal Reserve Chair Kevin Warsh appeared together Friday at the White House for Warsh’s swearing-in ceremony.