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How Dubai is paying the price for letting in tourists
Zeena Saifi, John Defterios and Melanie Swan, CNN • Published 6th February 2021Up next(CNN) — Related contentDubai is facing tighter restrictions after a spike in Covid-19 cases. That's Atlantis the Palm in the background. GIUSEPPE CACACE/AFP via Getty ImagesRelated contentDubai was one of the first countries to fully reopen after the first global wave of Covid-19 cases.KARIM SAHIB/AFP via Getty ImagesRelated contentDubai plans to host the delayed 2020 World Expo later this year.KARIM SAHIB/AFP via Getty ImagesRelated contentDubai has one of the world's highest Covid vaccination rates.KARIM...…Zeena Saifi, John Defterios and Melanie Swan, CNN • Published 6th February 2021Up next(CNN) — Related contentDubai is facing tighter restrictions after a spike in Covid-19 cases. That's Atlantis the Palm in the background. GIUSEPPE CACACE/AFP via Getty ImagesRelated contentDubai was one of the first countries to fully reopen after the first global wave of Covid-19 cases.KARIM SAHIB/AFP via Getty ImagesRelated contentDubai plans to host the delayed 2020 World Expo later this year.KARIM SAHIB/AFP via Getty ImagesRelated contentDubai has one of the world's highest Covid vaccination rates.KARIM...WW…
Oil prices crash 9% as OPEC and Russia fall out over the coronavirus crisis
Vienna (CNN Business)Oil prices crashed more than 9% to their lowest level in nearly three years on Friday as major producing nations failed to agree on supply cuts aimed at addressing the caused by the .The OPEC cartel led by on Thursday had to its key ally Russia: extend existing production cuts of 2.1 million barrels through to the end of 2020; and make further cuts of 1.5 million barrels per day.But Russia refused to back the plan at a meeting with OPEC in Vienna on Friday, leaving the future of its three-year alliance with the cartel in doubt and raising the prospect of a huge supply...…Vienna (CNN Business)Oil prices crashed more than 9% to their lowest level in nearly three years on Friday as major producing nations failed to agree on supply cuts aimed at addressing the caused by the .The OPEC cartel led by on Thursday had to its key ally Russia: extend existing production cuts of 2.1 million barrels through to the end of 2020; and make further cuts of 1.5 million barrels per day.But Russia refused to back the plan at a meeting with OPEC in Vienna on Friday, leaving the future of its three-year alliance with the cartel in doubt and raising the prospect of a huge supply...WW…
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