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35 Results
A man closes his business due to the COVID-19 pandemic.
COVID-19 and the Texas Rainy Day Fund
In late July, Texas Comptroller Glenn Hegar delivered a bleak economic outlook for the state’s economy: the amount of general revenue funds available for the current biennium is expected to be $11.5 billion less than originally estimated. Should the state tap into its rainy day fund to offset the impact of the coronavirus pandemic and facilitate a stable recovery?
Joyce Beebe November 4, 2020
Graph of stock market downturn with coronavirus superimposed
Four NOCs: Facing the Current Demand Destruction
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.
Benigna Cortés Leiss, Adrian Duhalt May 20, 2020