Daily Memo: OPEC+ Delays, Japan Mobilizes

OPEC+ pause. Saudi Arabia and Russia have delayed an OPEC+ meeting intended to negotiate production cuts. Instead of meeting on Monday as promised, the oil cartel will meet Thursday. The delay caused a significant drop in oil market prices; Brent crude fell more than 3.2 percent and U.S. crude fell 3 percent, with prices for […]

Daily Memo: Price Wars and Setbacks

Even success stories such as Singapore are struggling to contain their COVID-19 outbreaks.

Daily Memo: Oil Prices Rise, Unemployment Numbers Surge

Brent crude prices rose on the hopes that Russia and Saudi Arabia could be close to a deal.

Daily Memo: The European Divide, Iran Relief, US Diplomacy

EU members are divided over whether to issue so-called "coronabonds."

Daily Memo: EU Economic Crash, US-South Korea Military Cooperation

The European Commission is evaluating the economic fallout from the coronavirus crash.

Daily Memo: The US Braces for April

Protectives measures have been extended.

Daily Memo: The US Surpasses China

There are more confirmed coronavirus cases in the U.S. than in any other country.

Daily Memo: Bad News for Wage Workers and Exporters

Unemployment claims have soared to historic levels.

Daily Memo: Emergency Fiscal Measures and Securing Food Supplies

The U.S. Senate has reached a deal on an emergency fiscal package.

Daily Memo: Some Optimism Amid Lockdowns

Italy recorded its second straight day of reduced cases.

Daily Memo: German Stimulus, Relief for Banks, US Economic Impact

Germany is set to introduce a multibillion-dollar rescue package.

Daily Memo: US Unemployment, European Coronabonds

Unemployment in the U.S. is about to skyrocket. Public panic over the coronavirus outbreak in the U.S. really set in only around the middle of last week. Companies, however, were worried much sooner. Initial jobless claims jumped by 70,000 last week – the largest spike since 2012 – to 281,000, according to U.S. Labor Department […]