Meghan O’Sullivan in Bloomberg: “Even If OPEC Cuts, Oil Prices Could Still Fall in 2019”

Some of us are starting to associate turkey with low oil prices. Just four years ago, on Thanksgiving Day in 2014, OPEC held a meeting in Vienna, the outcome of which set off a dramatic slide in oil prices. The price of Brent crude dropped $6 a barrel, or 8 percent, in just the 24 hours after OPEC announced the outcome of its meeting. This Thanksgiving, there was no OPEC gathering, but on Friday, the Brent price still slid nearly $4, [...]

2020-04-07T16:34:58-04:00November 29, 2018|Economy & Trade|

Meghan O’Sullivan in Bloomberg: “Some Context for Canadians Who Love or Hate the New Nafta”

Americans are not the only ones still unpacking the new USMCA trade deal that is due to replace Nafta. Two issues have received a great deal of attention in Canada — one which is misunderstood as a great concession by Canada and the other wrongly celebrated as an unequivocal victory. Both deserve a deeper look. Just recently, Canada’s prime minister and foreign affairs minister, Justin Trudeau and Chrystia Freeland, struggled to explain the significance of a provision that many Canadians have interpreted [...]

2020-04-07T16:34:03-04:00October 30, 2018|Economy & Trade|
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