Spillovers from global economic policy uncertainty and oil price volatility to the volatility of stock markets of oil importers and exporters

Economic policy uncertainty generally tends to induce a pessimistic view of future market behaviour. Furthermore, instabilities in global oil prices have serious implications for the economies of oil exporters and importers, due to their over-dependence on crude oil for revenue and production activities, respectively, and thereby on stock market indices. Against limited empirical evidence, this study examines the spillover effects from global economic policy uncertainty (GEPU) and oil price volatility to the volatility of the stock market indices of oil exporters and importers in both developed and emerging economies. The results show that the spillover effect from GEPU to oil exporters is relatively smaller than to oil importers, for both developed and emerging countries. Conversely, the volatility spillovers from oil prices to oil exporters are relatively larger than to oil importers, for both developed and emerging countries. Specifically, the volatility spillovers from oil prices to oil exporters (importers) in emerging countries are relatively stronger compared to oil exporters (importers) in developed countries. The findings indicate that the volatility of the stock markets of emerging countries is more sensitive to global factors such as GEPU and oil price volatility, and that oil exporters and importers in emerging economies are more sensitive to oil price volatility than oil exporters and importers in developed economies, which is in line with previous studies.

     

Constant light exposure and/or pinealectomy increases susceptibility to trichloroethylene-induced hepatotoxicity and liver cancer in male mice

Environmental Science and Pollution Research - Exposure to light at night, pineal gland impairment, and the environmental pollutant trichloroethylene (TCE) have serious implications for health and...     

The diagnostic accuracy of intraoperative frozen section biopsy for diagnosis of sentinel lymph node metastasis in breast cancer patients: a meta-analysis

Environmental Science and Pollution Research - Sentinel lymph node (SLN) sampling is important for evaluating the nodal stage of breast cancer when the axillary nodes are clinically free of...     

Evaluating the groundwater potential of Wadi Al-Jizi,Sultanate of Oman,by integrating remote sensing and GIS techniques

Environmental Science and Pollution Research - Groundwater resources are highly stressed due to their overuse, especially in the arid region. This study is aimed at discovering potential...     

Therapeutic potential of dopamine agonists in the treatment of type 2 diabetes mellitus

Environmental Science and Pollution Research - Diabetes is a global health concern that has affected almost 415 million people globally. Bromocriptine is a dopamine D2 agonist, which is a Food and...     

Role of sugarcane industrial byproducts on soil physicochemical properties and metal accumulation in rice

Environmental Science and Pollution Research - Sugar industry produces a variety of organic byproducts causing disposal as well as environmental issues. This study investigated the safe use of...     

Oilfield-produced water as a medium for the growth of Chlorella pyrenoidosa outdoor in an arid region

Environmental Science and Pollution Research - Oilfield-produced wastewater (OPW) provided by the local oil industry was used as a medium (without any pre-treatment) for the outdoor cultivation of...     

Impaired behavior and changes in some biochemical markers of bivalve (Ruditapes decussatus) due to zinc toxicity

Susceptibility and response of bivalves, the clam Ruditapes decussatus, to zinc (Zn) were studied by monitoring behavior using valve movement and some biochemical parameters. The LC₅₀ was 4.1 mg L^?1 at 7 days. Depuration of Zn from their tissues was also followed. Accumulation of Zn increased with concentration and duration of exposure. After 20 days, Zn caused impairment of valve movement as well as the antioxidant system, decreasing glutathione and protein levels and increasing the lipid peroxidation which is indicative of oxidative damage. Results suggested that behavior and biochemical parameters of clam R. decussatus were sensitive and suitable responses for assessing the effects of Zn on the aquatic ecosystems. It could be concluded that there is a time–dose–response relationship of Zn with behavior and oxidative stress of R. decussatus.     

Removal of cyanide in aqueous solution by oxidation with hydrogen peroxide in presence of activated alumina

This work is dedicated to the removal of free cyanide from aqueous solution by oxidation with hydrogen peroxide H₂O₂ catalyzed by neutral activated alumina. Effects of initial molar ratio [H₂O₂]₀/[CN^?]₀, catalyst amount, pH, and temperature on cyanide removal have been examined. The presence of activated alumina has increased the reaction rate showing thus, a catalytic activity. The rate of removal of cyanides increases with rising initial molar ratio [H₂O₂]₀/[CN^?]₀ but decreases at pH 10 to 12. Increasing the alumina amount from 1.0 to 30 g/L has a beneficial effect, and increasing the temperature from 20 °C to 35 °C improves cyanide removal. The kinetics of cyanide removal has been found to be of pseudo-first-order with respect to cyanide and the rate constants have been determined.