How $90 Oil Affects the Global EconomyThe Daily Reckoning
a Mideast crisis that drives up oil prices, or a prolonged drought that devastates crops. Traders may think they're pricing in risks, but the possibilities for things going wrong are limitless. Thus, it's unexpected news – not just any old news – thatdrives pricesin one direction or the...
The Chinese central authority vowed to open more sectors dominated by state-owned enterprises to private companies. Those sectors include electricity, telecommunications, railway and oil and gas. The government will also further ease the tax burden and financing costs of private fir...
A second factor that affects wage rate changes is the rate of change in unemployment. If the economy is booming, employers will bid more vigorously for workers—which means that demand for labor is increasing at a fast pace—than they would if the demand for labor were either not increasing ...
In this study, spectral Granger causality analysis is employed to investigate the spectral dynamics of uncertainty transmission and its impact on economic growth and financial development in Saudi Arabia from 1993 to 2020. We examine the relationships between crude oil volatility, geopolitical risk, glo...
McKinsey Global Institute “If I wind back the clock to 2005, the top ten titans of industry were oil companies, retailers, pharmaceuticals…and one software company, Microsoft. The average market cap was $250 billion,” recallsChris Bradley, a McKinsey senior partner and...
Sustainable winemaking with Spanish legend: 'I wish we could stop oil' Familia Torres began taking action 10 years ago to future-proof their business. Europe 22:54, 24-Dec-2024 UK businesses brace for impact as tax hikes loom Europe 22:50, 24-Dec-2024 Macron announces France's fourt...
Palm Oil Free Palm oil is well known for its harmful impact on the Environment, Animals and People. This includes its role in contributing to deforestation and biodiversity loss, as well as the accusations of human rights abuses against numerous palm oil producers. As there is currently no rel...
Canadian Oil Exports Supporters sometimes cite oil exports as evidence that NAFTA has helped Canada. According to the Observatory of Economic Complexity, the U.S. imported $740 billion worth of crude oil in 1995, with 16.8% of it coming from Saudi Arabia and 15.1% of it coming from Canada....
price of oil increases, the Canadian dollar tends to appreciate against other major currencies. This is because Canada is a net oil exporter; when oil prices are high, Canada tends to reap greater revenues from its oil exports giving the Canadian dollar a boost on the foreign exchange market....