Covid-19 and Internation Trade

PRODUCT DESCRIPTION Stainless Steel Electric Welding Medical Disinfection Basket Stainless steel electric welding / high-temperature resistant metal cleaning basket / medical disinfection basket/ spot-welding net basket customization General specification of mesh basket for medical stainless steel stamping and spot welding (in cm) 50*30*7 50*25*7 48*28*7 48*25*7 45*34*7 45*25*7 40*35*7 40*30*7 35*25*7 34*25*7 30*20*7 25*25*7 25*17*7 45*30*7 30*25*7 Material: stainless steel wire mesh 304, 304L, 316, 316L, through bending, spot welding, rolling circle, etc., and the surface treatment is carried out by the electrolytic polishing technology, and the surface is bright like a mirror. Processing technology: Micro-point resistance welding, point-to-point welding of the product, no obvious welding spot, no burr, no scratch, no shedding The edge fold angle position all uses the point-to-point welding craft, the overall beauty is generous. Surface treatment: electrolytic polishing, bright sur...

GENEVA (REUTERS) - The coronavirus pandemic is “far from over” and is still disrupting normal health services, especially life-saving immunisation for children in the poorest countries, the head of the World Health Organisation (WHO) said on Monday (April 27). The United Nations agency is concerned about rising numbers of cases and deaths in Africa, Eastern Europe, Latin America and some Asian countries, even as the numbers flatten or decline in some wealthier nations. “We have a long road ahead of us and a lot of work to do,” WHO director-general Tedros Adhanom Ghebreyesus told a virtual news conference in Geneva, adding that a second wave of infections could be prevented with the right actions. Dr Tedros expressed concern that the health of children was being threatened by the impact of the coronavirus emergency on vaccination programmes for other diseases. “Children may be at relatively low risk from severe disease and death from Covid-19 – the respiratory illness caused by the nove...

The oil markets have just gone through an epic long squeeze, with oil prices crashing into negative territory for the first time in history.  The May 2020 WTI futures contract sunk an agonizing 310% to minus $38.45/barrel by late Monday afternoon, marking the first time that a futures contract for U.S. crude prices went negative--and made all those seemingly improbable 'negative oil' prognostications suddenly appear prescient.  Other maturities with oil-related assets such as Brent took it on the chin, too, recording double-digit declines. None, however, came anywhere close to the WTI crash, which adds to the sense of the mystique in the oil markets. Negative oil prices is an absurd notion that essentially means that producers would pay traders to take the oil off their hands. However, there's more to it than meets the eye in the sometimes arcane and convoluted world of futures trading. Front-Month Futures We will be hearing more of this in the coming days and...

China's imports and exports improved in March on the back of better-than-expected industrial output recovery and sustained efforts to stabilize the global supply chain, the Ministry of Commerce said on Thursday. Work resumption progress of the foreign trade companies has proceeded in an orderly manner with the production capacity recovery rate exceeding 70 percent in 76 percent of the key Chinese exporters, data from the ministry showed. In March, the subindexes of the official manufacturing purchasing managers' index that gauges new export orders and imports rose to 46.4 and 48.4, respectively, from 28.7 and 31.9 in February. China's imports and exports are set to show further improvement in March, based on information collected from local governments and various industries, said Gao Feng, spokesperson for the ministry. The General Administration of Customs is, however, yet to release the official foreign trade data for the first quarter of this year. Gao, howev...

Jobless claims exceed 20 million in four weeks, inflicting a toll on the labor force not seen since the Great Depression. Even as political leaders wrangle over how and when to restart the American economy, the coronavirus pandemic’s devastation became more evident Thursday with more than 5.2 million workers added to the tally of the unemployed. In the last four weeks, the number of unemployment claims has reached 22 million — roughly the net number of jobs created in a nine-and-a-half-year stretch that began after the last recession and ended with the pandemic’s arrival. The latest figure from the Labor Department, reflecting last week’s initial claims, underscores how the downdraft has spread to every corner of the economy. “There’s nowhere to hide,” said Diane Swonk, chief economist at Grant Thornton in Chicago. “This is the deepest, fastest, most broad-based recession we’ve ever seen.” We are a foreign trade factory in China, mainly producing various wedge wire fil...