Search Results for: Oil price
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
OPEC Production Declines Despite Iran’s Efforts
March 16th, 2016
The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only”production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the change rather than the total. OPEC is ...
Gold is the only sound money
March 11th, 2016
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...
Which city is the most expensive in the world?
March 10th, 2016
Singapore ‘still world’s most expensive city’ Singapore has again been judged as the world’s most expensive city but costs across the world have been highly volatile, according to researchers. The Economist Intelligence Unit (EIU) ranked Singapore as the ...
CFTC: Banc de Binary Ltd and ET Binary Options Ltd are among Binary Options Firms ordered to pay $9 Million penalty
March 10th, 2016
Federal Court Orders Banc de Binary Ltd., ET Binary Options Ltd., BO Systems Ltd., BDB Services Ltd., and Oren Shabat Laurent to Pay More than $9 Million in Restitution and a Civil Monetary Penalty for Violating the CFTC’s Ban ...
China And Fracking: The Pillars Of “The Recovery” Are Crumbling
March 10th, 2016
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially leveraged tools for extracting wealth from companies. The dot-coms of ...
Asia markets mixed as traders digest central bank decisions, China data
March 10th, 2016
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was up 1.45 percent. South Korea’s Kospiadded 0.82 percent, while Down Under, ...
Saudi Arabia to hold out bond mandate prospect to banks
March 8th, 2016
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi Arabia is holding out the prospect of a role in ...
Eurozone unemployment rate falls to 10.3%
March 1st, 2016
Unemployment in the eurozone fell for a third consecutive month in January, dropping to its lowest rate since August 2011. Eurostat, the EU’s statistical agency, said the jobless rate in the 19-country eurozone declined to 10.3% in January from 10.4% ...
