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Crude oil prices have plunged since the beginning of this year. The average price is at its lowest point in more than a decade. The intricate geopolitical relations among the three international giants in crude oil production－OPEC's representative Saudi Arabia, Russia and the US－make it difficult for them to reach a long-term agreement in the oil market. Since the outbreak of the epidemic, even a temporary agreement has not been reached. The volatile crude oil market is not conducive to economic globalization.

Currently, more growth-sensitive equity markets in the eurozone, Japan, China, and other emerging markets are favored, while expected volatility from the presidential election and potential changes in US economic policy may disadvantage US equities over their international peers in 2020, according to a bi-annual report issued by UBS Asset Management on Monday.

Currently, Rolls-Royce accounts for about 45 percent of the global engine market for wide-body aircraft, followed by General Electric and United Technologies Corp's Pratt& Whitney division.

DAR ES SALAAM - Twenty-seven-year-old Advester Elieza Moshi says she doesn't have to spend sleepless nights thinking over the upbringing of her two younger sisters who are in primary school after working at the Chinese garment company Tooku. "For me life is not the same again as I am also not worried when it comes to paying house rent and buying food for my family thanks to the company," says Advester. In 2013, Advester secured employment as an operator at the company which is located in the Export Processing Zone in Tanzania's commercial capital Dar es Salaam, and is a subsidiary of JDU Group, a Chinese garments company integrating scientific research, production, domestic and international trade. Tooku is manufacturing products related to denims, mainly jeans, for exports to the US and European markets. Advester wears broad smiles as she boasts that after working for four years with the Chinese firm, she has also acquired sewing skills that she will make use of when her employment ends. "When I was employed here I knew nothing about sewing but four years down the road, I am an expert in sewing jeans that are sold overseas. In fact life will never be the same again after gaining these skills," she says in an interview with Xinhua. Rhoda Benjamin, Advester's colleague who works as a quality controller, says she was employed by the company in 2016, adding that after working with the firm for hardly two years, "the future looks bright". "I am now thinking of making a capital that will enable me to do my own business after having acquired skills here," says the mother of a four-year-son. Advester and Rhoda are among 2,700 Tanzanians employed by the Chinese garments manufacturing firm which started operations in February 2012 by building a sewing and washing factory with sewage treatment, a generator and other infrastructure. "We now have advanced production equipment, advanced technology and deep reserves of talents and we are upholding honesty, credibility, efficiency and quality business ideas," says Raymond Liu, managing Director of Tanzania Tooku Garments Company Limited. Raymond also said that the company will in 2018 acquire a state-of-the-art sewing machine with 14 lines for sewing production. Rigobert Massawe, General Manager of the Tanzania Tooku Garments Company Limited, says the new sewing machine will increase production from 300,000 pieces of Levi's and Wrangler jeans per month to 500,000 pieces of jeans a month.

Cui Yiliang, editor-in-chief of Modern Ships magazine, said the Navy showed almost all of its new hardware delivered during the past 10 years. It is now capable of conducting every naval operation, from strategic strike to amphibious assault, he said.