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.
The note reviews policy options to mitigate the (formal) employment impact of COVID-19, many of which are being deployed by governments.
This publication by Strategy&, a global strategy consulting firm and part of the PwC network, offers an analysis of the current state of the oil and gas industry after several years of oversupply and gives a short-term forecast about industry trends.
KPMG Mustread presents an interview with Andrey Sharonov, President of the Moscow School of Management Skolkovo, which reveals the role of business education in today’s rapidly changing world.
ILM experts present a market report of office property in Moscow for the Q1 and Q2 2020. The report covers such indicators as commissioned office space area, absorption of office spaces, vacant areas, average basic rental rates, etc.
