Take Five: Credit crunch at time of rock-bottom rates?

03/06/2020

(Reuters) – 1)CROSSING OVER? Is it possible we may see a wave of corporate defaults at a time when interest rates are at record lows and falling? In Europe, where many rates are below 0%, signs of stress are emerging as the coronavirus outbreak hits […]

OPEC oil cuts deal in trouble as Russia resists

03/06/2020

VIENNA (Reuters) – OPEC’s plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters. A […]