Keiser Report | The Herbert Report | E1545

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of Keiser Report from a parallel universe, Max and Stacy present ‘The Herbert Report,’ where time goes backwards (negative interest rates) and energy and matter do not exist (negative oil prices). In the second half, Max talks to Cory Klippsten of SwanBitcoin.com about launching a … Read more Keiser Report | The Herbert Report | E1545

Coronavirus: Middle East Impact

May.22 — The coronavirus has crippled businesses and markets the world over. The Middle East is no different, with nations going into lockdown, companies grinding to a halt, and fear gripping populations. Just as COVID-19 truly became a global problem, another serious curve ball rocked the region: a collapse in oil prices. Now, business leaders … Read more Coronavirus: Middle East Impact

US oil prices: Markets rally but still far from 2020 peak

Oil prices have risen as global demand slowly grows and leading energy producers cut production. Prices for oil reached just above $30 per barrel, a little more than half their level at the beginning of 2020 But the fallout of COVID-19 and continuing oil glut mean prices will not entirely recover for some time. Al … Read more US oil prices: Markets rally but still far from 2020 peak

Saudi Arabia slashes budget and increases tax

Saudi Arabia has announced major budget cuts and a steep increase in value-added tax (VAT). The move is aimed at shoring up state finances, which have been battered by low oil prices and the coronavirus pandemic. Al Jazeera’s Alexi O’Brien reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find … Read more Saudi Arabia slashes budget and increases tax

Saudi Arabia announces new austerity drive

Saudi Arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by low oil prices and the coronavirus pandemic. From July 1, it will raise its Value Added Tax from 5 to 15 percent and suspend a cost of living allowance for workers. To discuss the effect of … Read more Saudi Arabia announces new austerity drive

Wall Street Week – Full Show (05/08/2020)

May.08 — One of the most iconic brands in financial television returns for today’s issues and today’s world.This week’s Wall Street Week features host David Westin’s interviews with IBM CEO Arvind Krishna, GM CFO Dhivya Suryadevara, House Speaker Nancy Pelosi, Sen. Dick Durbin (D-IL), and Mastercard Vice Chair Michael Froman. The conversations examine how technology … Read more Wall Street Week – Full Show (05/08/2020)

Trade-in value of Tesla cars holding up better than gas-powered cars: Ark’s Cathie Wood

May.08 — Cathie Wood, ARK Investment Management CEO & CIO, points to the negative effects of low oil prices on the trade-in value of gas-powered cars. She makes the case for adoption of electric vehicles by pointing to the sustained resale value of EVs, which are benefiting from the volatility in oil markets. She joins … Read more Trade-in value of Tesla cars holding up better than gas-powered cars: Ark’s Cathie Wood

Trump Says He and Putin Discussed U.S.-Russia Arms Control Deal

U.S. President Donald Trump and Russian President Vladimir Putin discussed progress in combating the coronavirus pandemic along with arms control issues and oil prices in a phone call Thursday, the White House and the Kremlin said. The White House said Trump spoke with Putin “to commemorate and reflect upon the 75th anniversary of Victory in … Read more Trump Says He and Putin Discussed U.S.-Russia Arms Control Deal

Iraq’s Parliament approves new government after six-month deadlock

Iraqi Parliament approved its new government headed by Mustafa Al-Kadhimi, now Prime Minister. The move ends six months of political vacuum, but many challenges lay ahead, including its struggling economy and re-emergence of the Islamic State group. The former intelligence chief has managed to nominate and approve most of his ministers by Iraq’s lawmakers. Iraq … Read more Iraq’s Parliament approves new government after six-month deadlock

Palm Oil in a ‘Cruel Season,’ Analyst Mistry Says

May.05 — Dorab Mistry, director of Godrej International and a veteran industry analyst, discusses palm oil prices and supply. Palm oil inventories in Malaysia probably swelled to a four-month high in April as production in the world’s second-largest grower surged the most since July. Mistry speaks with Yvonne Man and Tom Mackenzie on “Bloomberg Markets: Asia.”