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Oil Prices Continue to Fall as Trade War Escalates

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Monday saw the continuous fall in oil prices, pushing the United States crude oil to its lowest in over two weeks.

This is obviously a result of the intensifying trade war between the United States and China. Experts are warning the continued trade war could affect the global economy worse more than feared.

Many people around the world are worried about how this will all affect them and are doing all they can to keep their jobs.

Some people in need of money are deciding to do more side hustles to keep money coming in, even if they lose their jobs. Thanks to the Internet many are able to get things to do online, to keep money coming in.

Even students are selling pictures online to people buying as explained on this BuyFeetPictures.com website. The Internet is obviously going to help people make extra money on the side, no matter how things go with the economy.

As for the falling oil prices, U.S. oil fell 68 cents (1.3%) to a low of $53.49 a barrel. It’s feared such fall would continue as the trade war escalates even further with China talking of more tariffs on products coming from the United States.

In particular, China warned it would impose 5% or even 10% additional tariffs on over 5,000 products coming from the United States. These products would include agricultural products like soybeans, crude oil and even small aircrafts.

Trump has also mentioned he was going to order U.S. companies to close their operations in China, all of which would only make the entire situation even worse.

It’s uncertain Trump and his team know the full extent of how this will affect the U.S. but there are already more signs of trouble brewing.

For example, further signs of trouble for the U.S. is the fact that this is the first time that U.S. manufacturing industries have registered a month of contraction in nearly a decade.

Things are obviously not looking good, not just for the United States and China, but for the global economy as well. Countries as far away as Australia are also beginning to feel the devastating effect of the trade war.

That’s why experts like Jeffrey Halley are hoping both nations come together to resolve the trade war, to prevent further damage.

In his words, “The only thing that will lift the storm clouds over oil markets this week will be if both China and the U.S. talk and decide to mutually take a step back“.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Swiss International University Alerts Public About Fake Institutions Misusing Its Name

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Dubai, United Arab Emirates— Swiss International University (SIU) has issued a caveat about fraudulent institutions setting up their pretense of affiliation with the university. SIU has further clarified that it will have campuses only in 7 cities by 2025, while any further expansions or new openings of offices will be officially notified on its website, swissuniversity.com.

A hallmark of SIU has been the highest quality in global higher education, and the fraudsters took advantage of it by pretending to be the university. These scammers lure prospective students and partners with promises of guaranteed admissions, scholarships, or preferential treatment in exchange for exorbitant fees for services that are either shoddy or nonexistent. 

In an official statement, the SIU emphasized that they do not authorize any third party or individual to represent the university outside any of the established campuses. Any further developments about expansion and new office openings shall be made known directly through the official website of the institution or via official press releases. 

An SIU spokesperson stated, “Swiss International University stands for high-quality education, and we therefore take our brand integrity very seriously. We urge anyone approached by an entity claiming to represent SIU to verify the information on our official site. The increasing number of imposters is a matter of grave concern, and we are therefore actively working to stop them from taking further advantage.”

Among the scams in the UAE and several European countries, impostors offer guarantees that cannot be verified. In return, large sums of money are demanded for nonexistent or shoddy services.

The prestigious Swiss International University is known for its stringent academic programs and degrees recognized internationally, possessing campuses with modern facilities that stand as a testament to Swiss quality education. Their latest alert is directed at saving the prospective students from fraudulent establishments and assuring the students are dealing only with the authentic SIU.

To safeguard its good name and maintain transparency, the SIU now warns the public against dealing with any education agencies or representatives claiming to render SIU services to them without a clear confirmation of their official status. The university also issued a reminder that all admissions must be channeled through SIU alone, and a list of accredited SIU campuses in selected big cities across the globe can be obtained from its website.

As of now, the Swiss International University has campuses in seven cities: Dubai, Zurich, Bishkek, London, Riga, Lucerne, and Osh. These cities have been carefully picked to provide students with rich academic learning experiences and encourage international collaboration. In addition, SIU also assures that any announcement of a new office or campus branch would be made only through their official website, and it advises all students and stakeholders to confirm the veracity of such claims before disbursing any monies.

For more information on Swiss International University and its programs, visit the website.

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