Day: June 24, 2020

Cautious Optimism that the Worst is Over for Oil and Gas Markets on the Back of Production Adjustments and Countries Opening Up, Revealed at this Week’s ADIPEC Energy Dialogue

June 24, 2020

– OPEC Secretary General hopeful the recovery will gather pace in the second half of the year as countries further ease lockdown restrictions and demand rises – Scale of oil demand drop for oil has led to largest and longest supply adjustments in history, according to Barkindo – Latest in series of on-line ADIPEC Energy […]

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Somali president appoints new military commanders

June 24, 2020

The Somali head of state on Wednesday appointed new military commanders as part of the country’s ongoing efforts to “improve security and reform the armed forces.”   ”The President of the Federal Republic of Somalia H.E Mohamed Abdullahi Farmajo appointed Brigadier Gen. Abdulhamid Mohamed Dirir as the new chief commander for the Somali navy force […]

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China ‘accelerating army training’ amid row with India

June 24, 2020

China on Wednesday said its military was “accelerating its training” for war-preparedness amid tensions at the border with India, local media reported.   “All troops of China’s military are now accelerating field training for war-preparedness, with gradually normalized COVID19 epidemic control measures,” Chinese Defense Ministry spokesman Wu Qian told reporters, according to the daily Global […]

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Turkey: New competition law in sync with EU practices

June 24, 2020

With new measures going live this week, Turkey has harmonized its competition law with the EU and advanced practices to better meet the needs of dynamic markets, said the country’s Trade Minister Ruhsar Pekcan on Wednesday.   The legal changes taking effect on Friday aim to ensure consumer welfare by fostering the development of effective […]

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AC Milan defender Musacchio out for 4 months

June 24, 2020

Italian football club AC Milan’s defender Mateo Musacchio will be sidelined for four months due to an ankle injury.   The Argentine player underwent surgery on his left ankle and the expected recovery period is four months, the club said in a statement on Tuesday.   Musacchio, 29, has made 18 appearances for AC Milan […]

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COVID-19 recovery rate at 40% in Bangladesh

June 24, 2020

Bangladesh on Wednesday registered 3,462 new cases positive for coronavirus, taking the total count to 122,660 since the first case was detected in early March.   Out of total infections, more than 49,500 patients have so far recovered with some 2,000 fresh recoveries in the past 24 hours.   The recovery rate now stands at […]

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‘Turkey to play greater role in post-pandemic economy’

June 24, 2020

Turkey’s role in the economy is set to grow in the wake of the coronavirus pandemic, said a key EU lawmaker on Wednesday.   “The proven track record of Turkey in this process will allow the country to play a much greater role in the coming post-pandemic economy,” Ryszard Czarnecki, member of the European Parliament […]

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Russia displays military might to mark WW II victory

June 24, 2020

Some 14,000 troops from 13 countries as well as vintage and the latest state-of-art military hardware marched along the Red Square in Moscow on Wednesday to mark the 75th anniversary of its victory in World War II.       The parade, which highlighted Russia’s fighting capabilities were also held in 28 other cities under […]

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