With the recent passing of the Paycheck Protection Program Flexibility Act, program recipients need to be aware of tax and financial reporting-related compliance issues. Public finance fellow Joyce Beebe discusses three such issues in a new post on the Baker Institute Blog: https://bit.ly/2Yg2aQk
Public finance fellow Joyce Beebe reviews the major contentions and developments of the controversial Paycheck Protection Program (PPP), intended to help small businesses during the current economic downturn. Baker Institute Blog: https://bit.ly/2XFxgAq
Political partisanship is strongly influencing the United States’ response to Covid-19, potentially leading to a suboptimal balance between reopening the economy and protecting public health. Read more at the Baker Institute Blog.
Energy fellow Michelle Michot Foss interviews Bernard Duroc-Danner, the former CEO of EVI, Grant Prideco & Weatherford, to explore the strategic shifts for businesses in the oilfield services (OFS) industry and to address how the OFS industry must restructure itself.
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
Leveraging a crash in oil revenue, the Saudi government has quickly imposed unprecedented changes to the way it raises cash by increasing taxes and slashing subsidies in ways Saudi citizens once considered unthinkable.
As oil prices start to recover, analysts are cautiously beginning to ask whether we’ve turned a corner — but for the weeks ahead, continued inventory builds pose significant risks of renewed price declines.
Racial disparities in the U.S. have created vulnerabilities in certain populations and put their health at increased risk. Over time, this created a perfect storm for the pandemic to have unequal effects.
The collective trauma of the Covid-19 pandemic may provide a clearer understanding of why people use drugs — to help us see it not as a moral failing or a brain malfunction, but as a fundamentally human response to negative life events. Read more at the Baker Institute Blog.
Understanding how to interpret the signs of a child's distress as they adjust to a new way of life during Covid-19 — and how to respond appropriately — is important for a child's mental health and development.
Patrick S. Tennant, Marcy Melvin, Quianta MooreApril 27, 2020