Wall Street Journal (April 11)
“China has one of the lowest retirement ages among major economies: 50 for women and 60 for men. A retirement wave may finally force change as pension funds dry up. “China has seemed to be on the verge of changing the retirement age for years, but has let several deadlines pass without coming up with a plan.” Government estimates forecast “more than 40 million Chinese—more than the population of Canada—will retire over the five-year period ending in 2025.”
Tags: $60
Washington Post (March 21)
“The aim of setting the cap on Russian crude at $60, roughly 20 percent below the main international benchmark price, was to whittle away at Russia’s cash hoard while still providing it with sufficient incentive to maintain exports and keep global oil markets stable. It is now time to lower the Western cap further, in increments, to $40 per barrel or less.”
Tags: $40, $60, Aim, Barrel, Benchmark, Cap, Crude, Exports, Incentive, Oil markets, Russia, Stable, Sufficient, Western
Oilprice.com (December 26)
“Although the EU embargo and the EU-G7 price cap on Russian crude oil at $60 per barrel didn’t immediately roil the oil market – although traders were concerned about a possible demand hit from slowing economies – uncertainty is growing over how the bans on Russian imports will affect supply balances over the next few months.”
Tags: $60, Bans, Barrel, Crude oil, Demand, Economies, Embargo, EU, EU-G7, Imports, Oil market, Price cap, Roil, Russia, Supply, Traders, Uncertainty
