Goldman Sachs

Azerbaijan and Goldman Sachs discuss cooperation issues

Azerbaijan and Goldman Sachs discuss cooperation issues

President of the Republic of Azerbaijan Ilham Aliyev has met with President of Global Affairs at “The Goldman Sachs Group, Inc.” Jared Cohen in Davos. They noted that the successful cooperation of “The Goldman Sachs …

Goldman Sachs, JPMorgan unwinding Russia businesses

Goldman Sachs, JPMorgan unwinding Russia businesses

Goldman Sachs Group Inc and JPMorgan Chase & Co announced they were unwinding their Russian businesses, becoming the first major U.S. banks to exit Russia. Operating in Russia has become harder for Western financial …

Goldman Sachs on OPEC+ deal: historic yet insufficient

Goldman Sachs on OPEC+ deal: historic yet insufficient

Goldman Sachs said that oil prices would continue to fall in the coming weeks, reasoning that a "historic yet insufficient" deal by major oil producers to cut output is unlikely to offset a coronavirus-led demand rout. …

Are U.S. recession concerns rising with trade war?

Are U.S. recession concerns rising with trade war?

Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth, Bloomberg reported citing a research note. The U.S. investment bank said it no longer …

US federal debt to exceed 100% of GDP

US federal debt to exceed 100% of GDP

The United States federal debt may exceed 100% of GDP from the current 76% in ten years, according to Goldman Sachs. Sachs's economist team wrote that the US "Federal fiscal policy is entering uncharted …

Will oil market continue nosedive?

Will oil market continue nosedive?

Goldman Sachs experts issued a report which forecasts that crude oil prices will remain low until mid-2017, as the oil market has continued to remain unstable. According to the experts, crude oil prices will remain in the …

Oil prices to peak soon

Oil prices to peak soon

With Brent futures reaching $41 per barrel in March, the International Energy Agency sees “a light at the end of the tunnel” and Goldman Sachs Group Inc. has pointed to the signs of its recovery. But many analysts warn that, like the …

No reason for panic due to oil prices

No reason for panic due to oil prices

Analysts of the investment bank Goldman Sachs forecast a new fall in oil prices in the near future.  They explain this by a combination of proximity stocks of petroleum products, which …