September 4, 2019/Cordros Report Economic performance was weaker than expected in the second quarter of 2019, with the recently released Q2-19 GDP data showing that the economy grew by 1.94% y/y (vs. an upwardly revised 2.10% y/y in Q1-19). Dissecting the numbers, we highlight that the Oil sector (+5.15% y/y […]
OPINION/EDITORIAL
A Role for Financial and Monetary Policies in Climate Change Mitigation
September 4, 2019/IMFBlog By William Oman July 2019 was the hottest month ever recorded on earth, with countries across the world experiencing record-breaking temperatures. A prolonged drought is affecting millions of people in East Africa, and in August 2019 Greenland lost 12.5 billion tons of ice in one day. A […]
Oil Hit Hard As Tariffs Take Effect
September 3, 2019/OilPrice.com – U.S. average retail gasoline prices dropped to $2.57 per gallon in the last week of August, or about 25 cents (9 percent) lower than at the same time last year. – Each dollar per barrel change in price of crude oil translates into a change in […]
