What’s going on? In August, China’s manufacturing activity shrank for the first time since April 2020. What does this mean? China’s economy seems to be finally slowing down after having outperformed its rivals’ during the pandemic: a widely followed manufacturing activity survey (asking factory managers how busy they’ve been compared to the month before) showed activity in…
Tag: environment
Ep 151: The return of Saudi Aramco and the oil industry
What’s going on? After a tough time, oil producer performance is rising again. The world’s largest, Saudi Aramco, is the latest to report much-improved profit. What does this mean? As major economies reopen, commodity prices have surged: oil is up more than 30% so far in 2021, which is much more optimistic than the deep…
with HT 