 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.581 | +0.003 | +0.13% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 7 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 7 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 7 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 7 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
UK Firms Embrace Reshoring Amidst Global Supply Chain Concerns
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China's Capital Flight Could Fuel Bitcoin’s Next Rally
Chinese FX outflows, often underreported…
IMF Praises UK's Digital Infrastructure for AI Readiness
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Finance
Fed Dissatisfied with Current Pace of Economic Recovery
The minutes from the June Fed meeting provided a little something for everyone as Fed officials discussed both an exit strategy and… drum roll please… the possibility of more quantitative…
China on its Way to the Leading Global Currency?
The open criticism of the US policy is getting more vociferous by the day. For example, a former central bank advisor pointed out that in the medium to long term…
The Stock Melt Up That Was
The first half of 2011 went out with a bang last week. The S&P 500 delivered an awesome 72 point run, its best performance in two years. After threatening the…
Soros: Weaker Countries will soon be allowed to Abandon the E.U.
Billionaire businessman and prominent philanthropist, George Soros reportedly told Bloomberg that it is probable a country will exit the euro, as strategies are being implemented to allow economically weaker nations…
The Fifth Option: Is This how Governments Will Fix Their Debt Problems?
We have all read about the standard “fixes” for a governmental debt problem – (1) inflate your way out of the problem, (2) cut programs and/or raise taxes, and (3)…
China's Bad Debt and Slowing Growth
What goes around comes around they say, along with other equally useless phrases like “all good things come to an end.” China has had a good financial crisis of that…
Take a Look at Tata Motors
Every day, when considering what to write about, I tell myself that I’m not singing enough praises about India. Then events demand that a topic more urgent be thrust upon…
Greenspan: Greek Default Will Trigger Another U.S. Recession
European finance ministers, IMF officials and a coalition of other international institutions, are in the process of developing a new bailout program for Greece, as many maintain doubts as to…
The Bitter Medicine for the United States
On a map, it appears that the United States is made up of 50 states. The fiscal reality is that we have 20. Portugal’s, 15 Italy’s, 10 Irelands, 3 Greece’s,…
Big Opportunities Ahead for Smart Energy Investors on Internet Reform
Many of our readers are affluent investors seeking to better their fiscal situation. So, below is one of the best news tips you’ll receive in 2011 for making money. That’s…
Roubini: QE3 Will be With us Before the End of the Year
According to the latest Wall Street Journal economic forecasting survey, sluggish hiring along with a lowered estimate of job creation anticipated in the next year are the leading threats to…
The China View from 30,000 Feet
I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the…
Making the Most of the Coming Market Meltdown
Executive chairman of Templeton Asset Management’s emerging markets group, Mark Mobius, who oversees more than $50 billion, firmly believes another financial crisis is “inevitable.” Sounds ominous, right? Mobius doesn’t think…
Renewed Crisis in the Eurozone
Earlier this year it appeared that economic and financial policy officials were finally coming together with an effective approach to addressing the critical debt crisis in the smaller “peripheral” economies…
When to Buy Japan?
It has been three months since the horrific Japanese tsunami, the economy is in free fall, and radiation is still lingering in the air and water. It now appears that…
Earth’s Limits: Why Growth Won’t Return
The 2008 crude oil price, $147 per barrel, shattered the global economy. The “invisible hand” of economics became the invisible fist, pounding down world economic growth to match the limitations…
World Bank Predicts the Demise of the US Dollar by 2025
This week, the World Bank published a report predicting the demise of the US dollar as the major reserve currency by 2025. The transition will be driven by emerging market…
QE3 Has Already Started
Most analysts have missed the fact that QE3 has already started in earnest. Of course, it would have been easy to miss. Ben Bernanke has not made any grand pronouncements.…
Why Jim Chanos is Wrong About China
Hedge fund titan, Jim Chanos, is well known for his extremely bearish views on China. He says that the cracks are spreading on the façade, real estate sales are falling,…
Getting Out at the Top: The Glencore Effect
One of the greatest indicators that the music has stopped playing, the fat lady is singing, and it is time to get out of Dodge City, is the level of…
