1. Home
  2. Business

Category: Business

Governments should always assess the impact of economic reforms on citizens

Governments should always assess the impact of economic reforms on citizens

The purpose of national economic reform is to change the structure and overall direction of an economy. Reforms therefore can affect the amount of resources available to a country. They can also affect human rights.…

Read More
U.S. lawmakers ask Interior to cut offshore oil royalty rates due to market slump By Reuters

U.S. lawmakers ask Interior to cut offshore oil royalty rates due to market slump By Reuters

© Reuters. WASHINGTON (Reuters) – Lawmakers representing U.S. Gulf coast states on Friday asked Interior Secretary David Bernhardt to temporarily cut the royalty rate oil and gas companies must pay on their offshore drilling operations…

Read More
Society’s most vulnerable will be hit as COVID-19 cases rise in poorer economies

Society’s most vulnerable will be hit as COVID-19 cases rise in poorer economies

As travellers cancel flights, businesses ask workers to stay home, and stocks fall, a global health crisis becomes a global economic crisis. In any health crisis, our first concern is (and should be) with the…

Read More
this ancient four-limbed fish reveals the origins of the human hand

this ancient four-limbed fish reveals the origins of the human hand

One of the most significant events in the history of life was when fish evolved into tetrapods, crawling out of the water and eventually conquering land. The term tetrapod refers to four-limbed vertebrates, including humans.…

Read More
U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts By Reuters

U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts By Reuters

© Reuters. By Timothy Gardner and Jennifer Hiller WASHINGTON/HOUSTON (Reuters) – The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market,…

Read More
We are entering a recession – but what did we learn from the last one?

We are entering a recession – but what did we learn from the last one?

As the coronavirus continues to spread around the world, it is abundantly clear that the global economy is entering a recession – the first we’ve seen since 2008. Some officials have compared the last period…

Read More
Crude Oil Slips Despite Reports U.S. May Trim Domestic Output By Investing.com

Crude Oil Slips Despite Reports U.S. May Trim Domestic Output By Investing.com

© Reuters. By Peter Nurse     Investing.com – Oil markets lost early gains Friday, turning sharply lower after doubts emerged over the significance of reports that U.S. authorities could be looking at methods of curbing domestic…

Read More
Psychology can explain why coronavirus drives us to panic buy. It also provides tips on how to stop

Psychology can explain why coronavirus drives us to panic buy. It also provides tips on how to stop

In an address on Wednesday, Prime Minister Scott Morrison expressed his dismay at the hordes of “panic buyers” sweeping supermarket shelves clean across the country: Stop hoarding. I can’t be more blunt about it. Stop…

Read More
New federal sick leave law – who’s eligible, who’s not and how many weeks do you get

New federal sick leave law – who’s eligible, who’s not and how many weeks do you get

On March 18, President Donald Trump signed the Families First Coronavirus Response Act into law. The legislation is an emergency intervention to provide paid leave and other support to millions of workers sidelined by school…

Read More
U.S. crude climbs after White House comments on Saudi-Russia dispute By Reuters

U.S. crude climbs after White House comments on Saudi-Russia dispute By Reuters

© Reuters. By Koustav Samanta SINGAPORE (Reuters) – U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may…

Read More