In Other News – April 17, 2020
The International Monetary Fund forecast in its April 2020 World Economic Outlook that global GDP will shrink by 3% this year, the worst contraction since the Great Depression. Dubbing this period the “Great Lockdown”, the IMF said this downturn will be far more serious than the one that followed the 2008 financial crisis, which resulted […]
In Other News – April 10, 2020
Mexico was the lone holdout yesterday on an OPEC+ deal to collectively cut oil production by 10 million barrels a day (b/d) in May and June to stabilize oil prices, and today says it reached a production cut deal with President Trump whereby the US would compensate for a portion of the cuts that Mexico […]
In Other News – April 3, 2020
President Trump issued a warning (via twitter) to Iranian-backed private militias in Iraq that they will “pay a very heavy price” for carrying out a planned “sneak attack” on U.S. interests in the country. He later indicated in a press briefing that the U.S. is open to a deal with Iran, but that it is […]
In Other News – March 27, 2020
The U.S. government indicted Venezuelan President Nicolás Maduro on narco-trafficking conspiracy charges this week. U.S. federal prosecutors charged Maduro with leading a violent drug cartel that has flooded the United States with cocaine for decades. U.S. Attorney General William Barr said that Maduro’s government is “plagued by criminality and corruption,” and the State Department announced […]
In Other News – Friday, 3/20/2019
With COVID-19 dominating headlines – from infection rates to border closures to economic fallout and bailout – important stories that would have once been front-page news have been pushed to the bottom half of A6. Here is a roundup of some significant global developments you may have missed this week: Joe Biden has emerged as […]