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IATA expects the global aviation industry to lose 78% next year and return to profit in 2023.
The International Air Transport Association (IATA) said in a forecast on Monday that as airlines slowly recover from the COVID-19 epidemic, the global aviation industry is expected to lose nearly $12 billion next year, down 78 per cent from this year's losses. IATA said industry losses in 2021 would be more severe than originally expected, reaching $51.8 billion, up from the $47.7 billion forecast in April. The net loss of the global aviation industry in 2020 was $137.7 billion, higher than the $126.4 billion estimated by IATA earlier this year, and brought the total net loss caused by the epidemic to more than $200 billion.
Americans are borrowing money again, and consumer credit is at a record high.
The original title: Americans began to "borrow money" again, and consumer credit reached record highs. Americans began to "borrow money" again, and reached a level unprecedented in more than a decade. U.S. consumer demand for car loans and leases, general credit cards and personal loans rose 39% in April from a year earlier, according to data from credit reporting firm Aikefei. The index is also up 11 per cent compared with April 2019. Aikefei said the number of new car loans and leases hit an all-time high in March. The number of general-purpose credit cards issued in March also hit an all-time high. Aikefei's data can be traced back to 2010. This has something to do with
Goldman Sachs: Brent crude is expected to hit $80 a barrel
Citing the prospect of a sharp increase in vaccine-driven demand, Goldman Sachs said that despite the possibility of a potential return of Iranian production to the market, the upward momentum in oil prices "remains unchanged". Analysts such as Goldman Sachs Damien Courvalin and Jeff Currie said in a report on May 23 that the market may now reflect expectations of Iranian crude returning to the market at the end of the summer, but that expectations underestimate the upcoming rebound in demand and are therefore too pessimistic. In Iran, the focus of negotiations seems to be on the resumption of JCPOA (Joint Comprehensive Action Plan, Joint Compre).