Saudi Arabia – Benefits Canada.com

IMF downgrades outlook for global economy in face of virus

mschmit — Wed, 24 Jun 2020 05:49:18 +0000

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. The IMF predicts that the global economy will shrink 4.9 per cent this year, significantly worse than the three per cent drop it […]

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OPEC, oil nations agree to nearly 10 million barrel cut amid virus

mschmit — Mon, 13 Apr 2020 05:04:49 +0000

The Organization of the Petroleum Exporting Countries, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said. “This could be the largest reduction in production from […]

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CPPIB CEO bullish on oil despite price crash, emissions debate

mschmit — Tue, 10 Mar 2020 03:22:41 +0000

The chief executive officer of the Canada Pension Plan Investment Board says Monday’s oil price crash and stock market selloff will hurt Canadian energy companies that have weak balance sheets and high debt. But Mark Machin says those with strong books will survive — and companies with money should be following his organization’s example and […]

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Saudi Arabia, China A-shares to see boost in MSCI emerging market index

mschmit — Tue, 27 Aug 2019 04:30:33 +0000

MSCI Inc. is updating certain key indexes, with changes taking effect when the market closes on Tuesday. Stemming from MSCI’s most recent quarterly index review, the changes include increasing both Saudi Arabian stocks and China A-shares within the emerging markets index. The updates will mark the second and final step in the inclusion of the MSCI Saudi Arabia index, […]

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Best of 2016: What’s Driving Energy Prices?

mschmit — Tue, 27 Dec 2016 06:56:55 +0000

Geopolitics, energy and the laws of supply and demand.

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War, Debt, and the New Geopolitical Landscape

mschmit — Wed, 10 Aug 2016 14:50:35 +0000

How the debt overhang has changed geopolitical risk

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Private Equity in Saudi Arabia

mschmit — Tue, 15 Jun 2010 12:47:43 +0000

Always a source of capital - now a place for deals.

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