Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Global air traffic is not expected to return to pre-pandemic levels until 2024, a year later than an earlier projection by the International Air Transportation Association (IATA).
IATA now expects the global passenger volume to drop 55 percent in 2020, after forecasting 46 percent in April.
The outlook reflects business trip cuts by companies, weak consumer confidence, future employment concerns, and slow virus containment in the US and some developing economies.
IATA director general Alexandre de Juniac warned that the latest forecast
"could slip further" due to setbacks in containing the virus or finding a vaccine.
Passenger traffic went down 86.5 percent in June and 91 percent in May, as countries imposed travel restrictions to curb the virus spread.
The load factor stood at an all-time low for June, at 57.6 percent.
According to the IATA, the airline industry is set to lose $84.3 billion in 2020, with revenue forecasted to drop 50 percent.
