World

Oil Prices Continue to Fall as Trade War Escalates

Published

5 years ago

August 29, 2019

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“.

World

A Step-by-Step Guide to Hiring the Right Personal Injury Lawyer

Published

9 hours ago

April 19, 2024

Michelle Langton

Are you dealing with injuries, loss of income, and hefty medical bills because of an accident that was not your fault? If yes, you need the services of an excellent personal injury lawyer. But how do you determine if a lawyer is a perfect match for your personal injury case when you have so many options? This step-by-step guide aims to teach you the critical steps to hiring the best personal injury lawyer in your state.

1. Know Why You Need a Personal Injury Attorney

Typically, you must hire the right personal injury lawyer if you are pursuing a lawsuit for personal injury. As defined on Forbes, a personal injury lawsuit is a civil action that an injured person takes against a person or company responsible for an accident that resulted in injuries.

For instance, you get into a car crash or slip and fall incident in the workplace because of someone else’s fault. You can sue the party responsible for injuries, lost wages, medical bills, and mental anguish.

But there are instances you may not need a personal injury attorney despite being in an accident. For example, a minor fender bender where no one sustained injuries or had their property damaged is easy to resolve without involving lawyers. So, after an accident, evaluate the damages incurred. If they are severe, search for a personal injury attorney.

2. Do Extensive Research

Where do I begin my search? Referrals are valuable because you can ask specific questions regarding the lawyer’s communication style, availability, litigation experience, and fee structure. So, ask family and friends to recommend someone they have worked with. Search for attorneys in your area online if you need referrals. You can type a simple search query like ‘personal injury attorney near me’ on Google. Alternatively, look for a lawyer through online directories.

3. Schedule Free Consultations

You want to know what a personal injury lawyer will do for you. Therefore, schedule a free consultation meeting and ask questions like:

What will you prioritize in my case?

The right attorney will focus on getting justice and fair compensation to ensure your stress-free recovery. Communication should also be a top priority. The lawyer should communicate with you using simple terms to help you understand your legal rights. More importantly, they should update you about the case progress on time.

Do you have experience handling cases like mine?

As lawyers at Cohen, Feeley, Altemose & Rambo law firm mention, experienced personal injury attorneys will guide you through the legal process. Even more interesting, they will handle negotiations on your behalf to safeguard your rights. So, make sure your lawyer has experience in personal injury law.

It would be better if they had specialized experience handling cases like yours. For example, if you are pursuing a truck accident lawsuit, you will want a personal injury lawyer with expertise in dealing with trucking accident claims.

What is the value of my personal injury claim?

After evaluating your case, a skilled attorney should tell you the worth of your personal injury claim. What you should be cautious of are unrealistic estimates and guarantees. There are no assurances in personal injury claims. If a lawyer promises a higher settlement that sounds too good to be true, do not fall for it because they are lying.

How much are your legal fees?

Personal injury lawyers work on a contingency fee arrangement. Based on Cornell Law School, a contingent fee structure allows lawyers to receive a certain percentage of the total settlement value a client wins. As a result, you do not pay your legal representative any upfront fee.

4. Check Testimonials

Aside from experience, work with a trustworthy and reputable attorney. You can quickly determine a lawyer has an outstanding reputation by reading testimonials from past clients.

Find out if the clients feel happy about the outcomes of their case. How about the style of communication? Does the lawyer explain legal terms in simple language?

A reputable lawyer will receive positive feedback from clients and respect from peers. Also, check with your local bar association to ensure your preferred lawyer doesn’t have disciplinary actions against them.

5. Select Your Lawyer

At this point, comfort matters a lot. Do not choose a lawyer you feel uncomfortable discussing your legal issues with. Also, ensure they have the experience and resources to win your personal injury claim. Equally important, they should have an excellent reputation.

Conclusion

When you are a victim of an accident that someone else caused out of negligence, you need to seek justice and compensation for your injuries. There is only one way to achieve these goals. You must work with the best lawyer to pursue a personal injury claim. True, choosing the right one can be challenging. But you can make an informed decision if you follow this step-by-step guide to hiring the right personal injury lawyer.