• Business

    Gulf’s fiscal diet risks deeper pain amid oil price uncertainty

    By Davide Barbuscia DUBAI (Reuters) – Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the outlook for oil clouded by uncertainty the strategy is riskier than before. Previous bouts of belt-tightening have relied on rebounding oil prices to replenish state coffers but Gulf states have bigger funding needs and lower foreign assets than in previous crises, while the pandemic risks keeping energy demand subdued for longer. Brent prices have rebounded since plunging to a more than 20-year low in April, but at just over $40 per barrel, they are significantly below what most Gulf states…

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  • Business

    A Look At American Finance Trust’s (NASDAQ:AFIN) Share Price Returns

    Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in American Finance Trust, Inc. (NASDAQ:AFIN) have tasted that bitter downside in the last year, as the share price dropped 45{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}. That’s well below the market return of 19{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}. Because American Finance Trust hasn’t been listed for many years, the market is still learning about how the business performs. The falls have accelerated recently, with the share price down 25{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} in the last three months. See our latest analysis for American Finance Trust American Finance Trust wasn’t profitable in the last twelve…

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