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Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com

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Since the late 1990s, China has been the big beast in global oil markets, driving demand for the oil and other commodities it used to fuel double-digit economic growth every year for many years. then high single-digit growth for years. . As recently as 2017, China’s high economic growth rate still allowed it to overtake …

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South Korean president warns of crackdown as truckers' strike enters second day

South Korean president warns of crackdown as truckers’ strike enters second day

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By Ju-min Park and Heekyong Yang SEOUL (Reuters) – South Korean President Yoon Suk-yeol has warned that the government may intervene to break up a national truckers’ strike, describing it as an illegal and unacceptable move to hold the national supply chain “hostage” for an economic crisis. Thousands of unionized truckers launched their second major …

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