Posts Tagged ‘ Lower Demand ’

World is awash with oil as demand sinks: IEA

April 11, 2009
World is awash with oil as demand sinks: IEA

An oil pump or “nodding donkey” operated by Unigeo AS, sits in Krasna, Czech Republic. The world is awash with oil despite a price rally but the glut is hampering investment in fields which will be needed when demand pulls out of a “relentless” plunge the International Energy Agency (IEA) said Friday. The IEA cut [...]

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10 percent drop in cashew exports forecast on lower demand

March 9, 2009
10 percent drop in cashew exports forecast on lower demand

Vietnam, the world’s biggest cashew nut exporter, expects a 10 percent decline in overseas shipments this year because of lower demand amid the global recession. Export of the nut, which accounted for 11 percent of total agricultural exports last year, may reach 150,000 tons in 2009, Nguyen Duc Thanh, president of the Vietnam Cashew Association, [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...