Population 2020

It took more than 50,000 years for world population to reach 1 billion people. Since 1960, we have added successive billions every one to two decades. The world population was 3 billion in 1960; it reached 6 billion around 2000, and the United Nations projects it will surpass 9 billion by 2037. The population growth […]

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Italy Orders Total Lockdown Over Coronavirus

The Italian government has taken the unprecedented measure of limiting movement for 60 million people in an effort to contain the spread of coronavirus. In a press conference, Prime Minister Giuseppe Conte announced a nationwide lockdown, under which people will only be allowed to leave their homes for work or health reasons. Schools and universities […]

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Kremlin Confident It Can Win Oil Price War

Despite the shock fall in oil prices, Russian officials remain confident that stepping away from the OPEC deal was a wise decision and largely blame their OPEC partner for refusing to reach a compromise. According to an official statement, the Russian side offered to preserve the production cuts already in place until the second half of 2020 […]

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Dow Slumps 2,000 Points After Oil Shock

Wall Street’s main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession. Trading on U.S. stock exchanges was halted immediately after opening, as the benchmark S&P 500 .SPX fell 7% to its lowest […]

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