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Added on the 20/01/2016 13:47:21 - Copyright : Euronews EN
Bangalore (India), Sep 13 (EFE / EPA) .- (Camera: Jagadeesh NV) .- Crowds of Indians protested this Monday in the Indian city of Bangalore against the increase in the price of fuel, which according to them, will also affect the price of other commodities in the country.FOOTAGE OF THE PROTEST AGAINST RISING OIL PRICES IN BANGALORE, INDIA.
On Monday, US stocks rallied as investors bet on the distribution of Pfizer's COVID-19 vaccine and stimulus progress to lift the economy. According to Business Insider, a bipartisan $908 billion stimulus proposal is set to be formally unveiled on Monday. One package will include $748 billion in funds for highly supported measures. A smaller package including more controversial state and local government aid and liability protections for businesses. On Monday, Pfizer and BioNTech will deliver their coronavirus vaccine. Oil prices ticked higher after a tanker exploded in a Saudi Arabian port. West Texas Intermediate crude gained as much as 1.9%, to $47.44 per barrel.
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Caracas, June 1, (EFE), .- After days of free gasoline, Venezuela woke up Monday with new prices set, which includes partial dollarization of its sale, due to the measures adopted this weekend by the Nicolás Maduro government.(CAMERA: Jackdwin Sáez)
Guangzhou, Apr 24 (EFE / EPA) .- Investors who bought the Bank of China's oil features products organized over social media and gathered to protest on Friday in front of the bank's main building in Guangzhou.About 30 investors showed up in the protest and later entered the building for a meeting while the bank's security officials pushed journalists away from the adjacent street.They said in a joint statement that the BOC had violated rules by closing trading at historic negative prices and claimed that oil-related financial products were actually illegal.(Camera:ALEX PLAVEVSKI).FOOTAGE B-ROLLS OF THE OUTSIDE OF THE BANK OF CHINA BUILDING IN GUANGZHOU AND POLICE DEPLOYMENT IN THE AREA.
Vienna, Apr 9 (EFE / EPA) .- (Camera: Christian Bruna) Oil powers inside and outside OPEC are negotiating a record cut to prop up depressed prices due to the collapse in demand due to the pandemic.FOOTAGE OF THE OPEC.