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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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Asbestos Exposure is Leading People to avail Mesothelioma Claims

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Each year, more than 3,000 people are being diagnosed with mesothelioma. It is affecting some people due to long or short exposure to the asbestos mineral. Asbestos is a mineral that is widely used in industries for different purposes. Mostly the people working in the industries are susceptible to asbestos exposure and they are allowed to get compensation over this disease. Mesothelioma is lung cancer that is caused by the naturally occurring asbestos mineral.

Many asbestos victims are filing claims through Goldberg, Persky & White P.C. which is a law firm and has helped many mesothelioma patients to get claims to cover their medical expenses. The law firm works on behalf of the mesothelioma victims and fights legally to provide the rights to the asbestos victims.

Many countries have allowed asbestos-exposed people to claim compensation because this mineral can be present in the air and could be inhaled without knowing its effects. So the law firms are helping the patients to get financial help from the authorities.

The mesothelioma lawyers are the expert individuals that are representing thousands of mesothelioma, lung cancer and asbestosis victims nationwide.

The dedicated paralegals and attorneys are giving victims’ cases the time and attention they deserve. By seeing the situations of the patients, mesothelioma lawyers are getting paid only after the claims are transferred to the patients. The qualified mesothelioma lawyers are using all the necessary resources and materials to construct a strong and concise case.

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