Tag: global economy
Opec+ Plans To Increase Oil Production By 648K Barrels Per Day
Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022.
This came during the organisation's meeting last...
Waiting for the Next Historic Number: Global Economy Week Ahead
(Bloomberg) -- As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing...
Get Ready for the Swoosh-Shaped Recovery, Davy’s Donnelly Says
(Bloomberg) -- When the global economy recovery arrives, it may look more like a “swoosh” than a V, according to Davy, Ireland’s largest securities firm.
“It’s...
Oil’s Crash Deepens in Tug-of-War Between Virus and Stimulus
(Bloomberg) -- Oil’s spectacular collapse deepened as investors weighed measures by governments and central banks to help shore up the global economy against the spreading...
Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast
Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...