The Americas: Many in Florida, including Democrats such as Representative Donna Shalala, have slammed Bernie Sanders comments on Cuba as uninformed. Image: AP/Shutterstock/Composite: Brad Howard …read more […]
British Prime Minister Boris Johnson warned he would drive a hard bargain with the United States in upcoming trade talks as the government sets out its negotiating position on Monday.
Trump Takes on Sotomayor and Ginsburg. Image: Jacquelyn Martin/Associated Press …read more […]
Bernie moves the Democrats toward the far left. Image: Samuel Corum/Shutterstock …read more […]
The best and worst from Kim Strassel, Kyle Peterson, Mary O’Grady and Dan Henninger. Image: Justin Lane/Shutterstock …read more […]
Canadian authorities on Sunday reached a tentative deal with an indigenous group in the Pacific province of British Columbia that could end solidarity protests across Canada that have been blocking rail lines and roads for weeks.
United Airlines Chief Executive Oscar Munoz told employees the U.S. airline would likely need to cut additional flights in the wake of sagging demand because of the coronavirus outbreak, the airline confirmed on Sunday.
Bitcoin’s performance during the past three interest rate cuts suggests that it is not a safe haven asset, The Block’s research shows. In 2019, the Federal Reserve Board (Fed) cut the interest rate three times, which currently sits at 175 bps. During the three cuts, bitcoin’s price did not show any significant pick-up, the research found. […]The post Past Fed rate cuts suggest Bitcoin is not a safe haven asset appeared first on The Block. …read more […]
(Bloomberg) — Financial markets kicked off the week with renewed pessimism after data showed the Chinese economy is struggling with its coronavirus-induced shutdown and new fatalities were reported across the world. The offshore yuan sank with the Australian dollar.The offshore yuan retreated after data over the weekend showed activity contracted sharply last month. The yen climbed as the recent clamor for haven assets showed no signs of letting up, and the Aussie dollar plumbed fresh 11-year lows as investors ramped up bets for more monetary stimulus. The Federal Reserve said late Friday it’s open to action, with traders now pricing …read more […]
Focusing on the company’s deleveraging efforts Continue reading… …read more […]
(Bloomberg) — Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, its impact on energy demand.For only the fourth time in almost 40 years, oil consumption may not grow at all in 2020, according to a growing minority of traders, investors and analysts. For OPEC, gathering in Vienna this week to discuss production policy, it’s a nightmare scenario likely to force the cartel into deep output cuts.“I see no growth in demand this year now the Coronavirus is everywhere,” said Doug King, a hedge …read more […]
Coronavirus concerns prompted organizers on Sunday to cancel the CERAWeek energy conference that annually brings together oil ministers and senior executives from the energy and financial industries, the latest event to be scrapped as the disease spreads.
Norway’s $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters.
Trump administration officials on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the public had over-reacted and that stocks would bounce back due to the underlying strength of the U.S. economy.
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