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Gunvor to expand in United States after strong profits - CEO

198.00 ₹
Published date: October 18, 2024
  • Location: 10038, Watarai-chō, New Brunswick, United States
Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.

The United States has been shoring up alliances in the Asia-Pacific seeking to counter China's assertiveness in the South China Sea and the Taiwan Strait, as Beijing seeks to advance its territorial claims.

"In part as a result of having this very different worldview than we do, they have a marriage of convenience. I'm not sure if it's conviction," America's top diplomat told the Senate Foreign Relations

This board warned that policymakers were inviting another crisis. The recklessness of that decision, and companion measures to loosen other safeguards, was clear at the time.

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