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Posted by The Analyst | 28 April 2020 | Politics
Caterpillar profit tumbles with world economy on lockdown

Caterpillar's profits are down 46% with much of the global economy seized by the spread of the coronavirus pandemic. The company has already withdrawn all financial guidance and said Tuesday … Click to Continue »

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Posted by The Analyst | 28 April 2020 | Breaking News
Karlovy Vary film festival cancels this year’s edition – Czech organizers

The Karlovy Vary International Film Festival has cancelled this summer's lineup due to the coronavirus pandemic, the event's president, Jiri Bartoska, said in a video message on Tuesday. Organizers of the central and eastern Europe's leading cinema event instead plan to offer selections originally scheduled for the event in movie theaters across the Czech Republic...

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Posted by The Analyst | 28 April 2020 | Business
‘The cure for low oil prices is low prices,’ energy expert tells Boom Bust

The Covid-19 outbreak has severely cut demand for crude and tumbled oil prices. As the crisis hits the US oil industry hard, with 40 percent of rigs going offline, Boom Bust investigates how the sector is coping. The panic over the lack of space to store oil and expiry day for WTI contracts for May...

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Posted by The Analyst | 28 April 2020 | Business
Crude oil’s crash below $0 was ‘a pure freak of markets,’ economist tells Keiser Report

A week after the price US WTI crude plunged into negative territory for the first time ever, oil prices continue to freefall as concerns mount about the oversupply on the market. Max Keiser talks to Alasdair Macleod of GoldMoney.com about a range of issues, including the forecasts for gold prices, the fiat currency collapse, oil...

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Posted by The Analyst | 28 April 2020 | Breaking News
Russia in contact with Libya parties, says political means needed to resolve conflict

Moscow has reiterated that it is only possible to resolve the Libyan issue through political and diplomatic means, Russian presidential spokesman Dmitry Peskov said on Tuesday. Russia “firmly believes that the only way to resolve the situation in Libya is through progress on the political and diplomatic track, as well as through political and diplomatic...

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Posted by The Analyst | 28 April 2020 | Politics
South Florida office supply outpaced demand for the first time since 2018, study says

Office supply outpaced demand in South Florida for the first time since the fourth quarter 2018, according to the Newmark Knight Frank South Florida Office Market first quarter 2020 report. … Click to Continue »

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Posted by The Analyst | 28 April 2020 | Politics
Smith: Demand remains for staging luxury homes in South Florida, despite pandemic

Measures to contain the spread of coronavirus are still shifting by the day — and so are responses by investors, developers, builders, banks and buyers. To track the impact in … Click to Continue »

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