Opec considering huge oil production cuts to avoid market slump

The Opec oil cartel is considering deeper cuts to production next year to avert a price slump in the market as the global economy falters. Ministers from some of the world’s biggest “petro-nations” are expected to cut an extra 400,000 barrels of oil a day from the global market and may consider even deeper cuts of up to 800,0000 barrels, according to reports. Source The Guardian

Paris transport workers extend strike until Monday… at least

Unions representing workers for the Paris transport authority announced on Thursday afternoon that they would continue their strike until Monday. The move was largely expected given what they had said in advance of the strike. Unions voted on Thursday to prolong the strike action meaning transport in the French capital will be severely disrupted until Monday at least. Source The Local