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IEA warns on plummeting oil stocks
IEA warns on plummeting oil stocks
Economy
by  AFP

The International Energy Agency warned Thursday of plummeting oil stocks even as global growth in demand loses momentum. "Global observed oil stocks plummeted by about 60 mb (million barrels) in January, preliminary data indicate, with on-land inventories falling to their lowest level since at least 2016," the IEA said in its latest monthly oil market report.

Brazil quake city families seek justice in Dutch court
Brazil quake city families seek justice in Dutch court
Economy
by  AFP

Residents from a Brazilian city devastated by earthquakes caused by salt mining went to a Dutch court Thursday, seeking justice and compensation they say is impossible in Brazil. Once a city of one million people, life in Maceio has been upended by earthquakes in 2018 attributed to salt mining and subsequent cracks in streets and buildings.