Oil-price war between Saudi Arabia and Russia escalates as the kingdom dramatically increases oil exports despite iffuse tensions between the two oil producers. With oil prices at record 18-year low, this could be a golden opportunity for any state to buy huge amount of crude oil and but can they store it? Saudi Arabia boosted crude oil supply to record levels Wednesday, with state giant Aramco offering 18.8 million barrels on a single day despite a global supply glut as a price war rages with Russia. Aramco’s announcement comes after a deal to limit crude output between the Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russia, expired on Tuesday. The move comes despite pressure from Washington, with US President Donald Trump offering on Tuesday to help resolve the price war between Moscow and Riyadh that has sent crude prices plummeting to 18-year lows. “As the world demands economic stability, Aramco remains committed to supplying the wor...
#History_of_USA Questions on Progressive Movement PROGRESSIVE MOVEMENT Discuss the progress of the Progressive Movement in the United States between 1900 to 1916. (CSS 2001) Note: Progressive Movement. (CSS 2004) Progressivism (1890-1920) Introduction By the beginning of the twentieth century, muckraking journalists were calling attention to the exploitation of child labor, corruption in city governments, the horror of lynching, and the ruthless business practices employed by businessmen like John D. Rockefeller. At the local level, many Progressives sought to suppress red-light districts, expand high schools, construct playgrounds, and replace corrupt urban political machines with more efficient system of municipal government. At the state level, Progressives enacted minimum wage laws for women workers, instituted industrial accident insurance, restricted child labor, and improved factory regulation At the national level, Congress passed laws establishing federal r...