Radience: Here is some positive news. Fox news is saying the US reaches a Deal in Principal with China. They are waiting for Trump’s signature.
Don961: Report: Washington, Beijing agree in principle on partial trade deal
December 12, 2019 11:14 PM
Mubasher : According to a press report, the United States has tentatively reached an agreement with China regarding the first stage of the trade deal
The network “CNBC” quoted unnamed sources on Thursday that the White House had offered to cancel the next round of tariffs on Chinese goods that will come into effect on Sunday
The report added that the United States proposed cutting current tariffs on Chinese products by $ 360 billion
Another report by “Bloomberg” agency also indicated that the United States and China reached an agreement on the partial trade deal in principle and awaiting the approval of President Donald Trump
The report added that Trump is scheduled to meet with top trade advisers later in the day to determine the final position on imposing 15 percent tariffs on Chinese goods worth $ 160 billion
Earlier in the day, US President Donald Trump said that Washington was very close to concluding a trade deal with China LINK
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Samson: Chief energy company chief in the Middle East: Iraq reserves may exceed Saudi Arabia
13:57 – 12/12/2019
The chief of energy companies in the Middle East in the region confirmed that the Iraqi oil reserves have the ability to exceed Saudi Arabia’s reserves and that many areas in the country are still unexplored.
And the website of (Arab News) newspaper quoted in his translation of the information / report of the CEO of Al-Hilal Majed Jafar as saying in the first “Salt” conference that, “Despite years of corruption, lack of infrastructure, and the five-year war on ISIS in Iraq, it succeeded. The country is increasing its oil production from 1.5 million barrels per day to 5 million barrels.”
He added in a discussion session on the dynamics of power in the energy sector in Abu Dhabi that “this gives some indications of the reserves potential in Iraq , which I believe can exceed Saudi Arabia,” noting that “parts of the country are still unexplored.”
He continued, “In order to take advantage of the country’s full potential in the energy sector, the investment climate must be improved as a necessary.”
The report pointed out that “the oil and gas industry in the Middle East recently abandoned a large amount of market share to its American counterparts,” noting that “with the United States becoming one of the largest producers in the world, its economy in terms of GDP will be better.” If oil prices are higher, this changes all accounts.” LINK
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Frank26: 12-12-19……MY GOD…..THE BUDGET IS FULL OF STARS
