The driver of this bearish sentiment is an overly hawkish response by the Federal Reserve
Last week, the crude oil markets saw one of the most significant single-day price declines in history. Have the bulls retreated – perhaps for good? Tuesday’s oil price collapse could go down as one of the most memorable moments of the oil market’s tumultuous year, said Josh Owens in his piece for Oilprice.com. Although oil…
Bullish pressure on crude oil markets doesn’t seem to be easing
Crude oil prices fell last week, notching their second weekly decline in the face of concern that rising interest rates could push the global economy into recession. Yet the future of crude oil still seems bullish to many. Spare capacity, or lack of it, is just one of the reasons. The global surplus of crude…
Despite the sanctions, Russian oil revenues are soaring
The energy pieces on the global chessboard are altering geopolitical realities, with serious consequences. China is boosting the volume of crude oil it purchases in order to increase its strategic reserves, Reuters’ Clyde Russell reported on Friday. China, the world’s largest crude importer, is buying more oil at a point when the demand-supply balance is…
Episode #3 of our 4-part series
When it comes to China, separating fact from friction is no easy task. But that is the task of our CHINA NOW series. Each of our four episodes features an expert exploring China today, including frank discussions about doing business there and about emerging opportunities. The series moderator is Doug Horner, former Alberta Deputy Premier…Episode #2 of our series
When it comes to China, separating fact from friction is no easy task. But that is the task of our CHINA NOW series. Each of our four episodes features an expert exploring China today, including frank discussions about doing business there and about emerging opportunities. The series moderator is Doug Horner, former Alberta Deputy Premier…First in our webinar series "CHINA NOW"
When it comes to China, separating fact from friction is no easy task. But that is the task of our CHINA NOW series. Each of our four episodes features an expert exploring China today, including frank discussions about doing business there and about emerging opportunities. The series moderator is Doug Horner, former Alberta Deputy Premier…Decoupling will be difficult and costly, but is a necessity
Several factors have induced Western governments and the firms they preside over to find substitute supply chains for the China-dominant ones they depend on. These factors include growing public revulsion at the repressive and persecutory policies the Chinese Communist Party has for its ethnic, religious and other minorities or critics; the increasingly aggressive expansionary moves…
Canada needs an eyes-wide-open approach to China to see the country as it is and not how corporate lobbyists would like it to be
When campaigning to become prime minister in 2015, Justin Trudeau was asked what country he most admired in the world. The people in attendance looked on in disbelief when he stated that he most admired China. His reason? Trudeau believed China’s “basic dictatorship” allowed their government to move swiftly to implement their agenda. Trudeau’s obsession…
If China wants to keep trading with the West, it needs to do something about the living standards of its working people
The idea that our entire civilization could depend on millions of foreign slaves that we pretend don’t exist is like something out of a dystopian novel. But it’s the world in which we’ve lived for decades. COVID-19 is proving to be the wake-up call we needed. With cheap goods comes cheap labour, and with cheap…
Concentrating on increasing trade relations with China is certainly relevant, but it's hardly original on Trudeau's part
Prime Minister Justin Trudeau’s strategy to enhance Canada’s role in the global economy has received extensive praise. To be honest, it’s hard to understand why. The federal Liberals have targeted a free trade deal with China as its first priority. A push to finalize a long-awaited trade arrangement with India is also on the agenda.…