Oil Plummets Below Break-Even Point For Most Canadian Producers — With More Pain To Come - Financial Post

in #finance5 years ago

‘No limits to our commitment to the euro:’ ECB to buy $820 billion of debt in emergency move to combat coronavirus hit: Reuters


With much of Europe in lockdown amid the coronavirus outbreak, economic activity has come to a near standstill

Coronavirus calamity is not the time to provide less than solid economic rescue plan: Kevin Carmichael


Kevin Carmichael: Morneau needs to execute more measures, with pace

Coronavirus relief package not likely enough to stop widespread layoffs, some observers warn: Barbara Shecter


Critics say it won't prevent businesses from laying off staff, thus raising risk of closures and a deep recession

U.S. economy will shrink by 14% as coronavirus leads to worst contraction in 50 years: JPMorgan: Victor Ferreira


Even if there’s a rebound in the second half, the economy will still shrink almost 2% over year

Oil plummets below break-even point for most Canadian producers — with more pain to come - Financial Post:


Oil plummets below break-even point for most Canadian producers — with more pain to come Financial Post Oil falls 24% in 3rd worst day on record, sinks to more than 18-year low CNBC Oil's Recent Plunge Signals No End in Sight for Meltdown Rigzone View: The en…

How to protect your personal finances amid the coronavirus chaos: Jason Heath


Jason Heath: With more repercussions to come, there are still steps you can take to protect your financial wellbeing

Warren Buffett says negative interest rates puzzle him, but don’t scare him: Bloomberg News


Buffett cautions he's not an expert in predicting interest rates

Searching for a bottom, Canada’s stock managers eye 2016 support: Bloomberg News


Money managers are gingerly stepping back into the market in the hope that a four-year low is the bottom

Extreme market stress puts US$6.4 trillion ETF sector under acute pressure: Financial Times


ETF liquidity is not infinite, and its cost and quantity are impacted by severe market conditions, just the same as any other security

Bank of Canada says Stephen Poloz won’t announce any new measures today: Bloomberg News


Poloz will only be speaking about the work the central bank has been doing to ensure the financial system is running smoothly

Dow tanks at open, immediately wiping out all of yesterday’s 1000+ point gains: Victor Ferreira


TSX falls more than 4%

The earnings reports to watch to gauge just how hard coronavirus ‘tsunami’ is hitting economy: Victor Ferreira


The outpouring of company data expected in the next two months has the potential to fuel another downward leg in the market

LIVEBLOG: Pandemic updates on the markets, economy and Canadian business for March 18: James McLeod


Federal government expected to announce a massive stimulus package

How much damage can the coronavirus do to Canada’s economy — and how we’ll bounce back: BMO chief economist Doug Porter — podcast: Emily Jackson


Episode 46 in Down to Business podcast from the Financial Post

Immigration slowdown could add to economy’s woes as coronavirus pressures mount: Geoff Zochodne


Closed borders around the world will slow influx of a potential 340,000 new residents that help keep country ticking

Dow futures down 800 points, S&P hits lower trading limit as world stocks plummet again on coronavirus fears: Bloomberg News


Treasuries also fell amid a bond sell-off

Ottawa to unveil $20 billion or more to cushion financial shock of coronavirus: The Canadian Press


Measures could include temporary increase in the Canada Child Benefit and grants to workers who don't qualify for employment insurance

How to keep those teleconference calls on track: Postmedia Network


Staying connected can be difficult while everyone is working remotely, but it doesn't have to be.

Working from home? You should be using a VPN.: Postmedia Network


If you're going to be spending the next few weeks working from home, any hacker peeking in on your local network can also get a glimpse into the work you're doing for your company, too, potentially compromising their data as well.


[news curation]@wakanda-forever



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