History Repeats Itself in Myanmar

What happened on February 1st, 2021 in Myanmar has taken the world by storm. Early in the morning, Myanmar leader Aung Sang Suu Kyi and other senior figures from the ruling party, the National League for Democracy (NLD), were detained in a raid carried out by the military after seizing control over the country in a military coup and declaring a year-long state of emergency.

The year of negative oil prices, how could it happen?

April 20th, 2020 will go down in oil-market history as the day when the U.S. benchmark price for crude dropped below zero for the first time, meaning that producers would pay traders to take oil off their hands. In a massive and unprecedented swing, the future contracts for May delivery of West Texas Intermediate (WTI) tumbled to minus $37.63 a barrel.