Something strange happened in late April: the price of oil went negative. This below-zero price tag didn’t last long, but it remains unusually cheap. And thanks to the coronavirus, it will likely stay that way for a while. In this episode Mark talks with Watson Associate Professor Jeff Colgan, an expert on the oil industry and the geopolitics that define it. They get into oil’s current price fluctuations, how it’s related to the coronavirus pandemic, and how changes to this singular commodity will affect industries and countries in a post-pandemic world.
EU politics
Aufhebunga Bunga – The Economics of Exit featuring Thomas Fazi
This is a website well worth following. Listen here
Geopolitics
Middle East Eye: Gideon Levy – Netanyahu’s end game: Why Israel assassinated Hamas chief in Iran
31 July 2024 One struck an apartment in downtown Beirut, killing a woman and two children – targeting a Hezbollah senior commander. Then just hours later, a strike in the heart of Tehran, assassinating Hamas’ […]
Climate Crisis
Steve Keen, Phil Dobbie – Can we get by without growth, growth, growth?
Before her plans were ripped up, the UK’s newest Prime Minister was promising growth, growth, growth in an economy that has avoided it for a long time. And she was going to do it through […]
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