Due to the spread of the novel coronavirus or COVID-19, the outlook for 2020 set out at the beginning of the year is now moot. An exogenous shock is hitting the USA and the global economy as a whole to an unknown extent. What is special about the new economic crisis is that there have been simultaneous supply and demand shocks which have commanded not only a reduction in jobs, output, and…

TransCanada Corporation has conditionally awarded Pacific Atlantic Pipeline Construction Ltd, a Calgary-based Canadian company that is part of Italian engineering and construction firm Bonatti Group, a construction contract for a portion of the Coastal Gaslink Project, pending a positive investment decision by the partners of LNG Canada for the construction of a natural gas liquefaction facility…