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Guess What Happened The Last Time The Price Of Oil Crashed Like This?…
December 3rd, 2014
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and ...
New U.S. oil and gas well November permits tumble nearly 40 percent
December 3rd, 2014
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...
Ukraine energy minister says accident at nuclear plant poses ‘no threat’
December 3rd, 2014
Ukraine’s Energy Minister Volodymyr Demchyshyn said today that the accident at the Zaporizhzhya nuclear power plant (NPP) in southeast Ukraine posed no danger and that the plant would return to running as normal on Dec. 5. “There is no ...
Wednesday December 3: OSB Daily Technical Analysis – Indices
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 S&P rallied briefly heading towards recent highs which are proving resistive at the moment. A break above 2070 extends through to new highs in the short term. Downside pressure contained for ...
Sweetheart tax avoidance deals to receive greater scrutiny from the EU
December 3rd, 2014
Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish greater scrutiny over sweetheart tax avoidance deals for big companies. ...
Leading investment firms join a new IASB feedback programme
December 3rd, 2014
The International Accounting Standards Board (IASB) today announced the launch of its Investors in Financial Reporting programme. Created with the support of some of the world’s leading asset managers and owners, the programme is designed to foster greater investor ...
Wednesday December 3: OSB Daily Technical Analysis – Commodities
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 Gold gave away some of Mondays gains closing just beneath the $1200 mark. Support in the $1185-$1190 area for now likely to prop up price at this level as we see ...
Wednesday December 3: OSB Daily Technical Analysis – Currency pairs
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
SEC Charges California Resident With Fraudulent Sales of Stock
December 3rd, 2014
The Securities and Exchange Commission today charged the owner of several now-defunct investment entities with fraudulently selling shares of stock that he claimed to own when he had actually purchased them for others a few years before. The SEC ...
