The collapse in the price of crude oil is putting immediate and severe financial pressure on producers that are heavily dependent on revenues from exports. None of the OPEC states balanced their budgets at below $50/barrel in 2019, with a number requiring more than twice that amount.
In this publication, the consulting company PwC looks at the current state of the global services trade and the impact of the COVID-19 crisis on this sector.
BCG’s Center for Macroeconomics has published a presentation which can be used by entrepreneurs as a guide to choosing best policy responses to COVID-19 challenges.
Experts from the International Monetary Fund have presented the article containing the forecast for the Asian economy growth in 2021 and beyond, as well as policy measures for the economic recovery of countries in this region.
This publication by VYGON Consulting studies the impact of the tax maneuver completion (TMC) in the Russian oil industry on budget revenues, oil producers, refineries, consumers, and the oil refining sector as a whole. The report also analyzes the extent to which the stated goals of the TMC will be achieved.
