Subscribe to RSSBrent-WTI spread
Lots of action in oil prices today, as the unrest has spread from Tunisia and Egypt– which produce relatively modest amounts of crude oil– to Libya,...
National Bank of Greece (NBG) Bid Rejected by Alpha Bank
The $3.8 billion unsolicited from National Bank of Greece SA (NYSE:NBG) for Alpha Bank SA, was rejected as an inadequate offer by Alpha’s board.National Bank...
Picture du Jour: U.S. at risk of losing its AAA status?
While the debate about the U.S. debt ceiling is taking place, Société Générale is of the opinion that a downgrading of the country’s sovereign debt is just...
Will This Be The USA in 2012?
The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Here is… a look (not a prediction)...
[Video] Bloomberg: Behold China’s Nearly Empty Mega Mall
China is taking Field of Dreams to a new level. Build it and they will come. Someday. Maybe. With the majority of the country in relative poverty, but China...
GOP in late poll roll
– A wave of polls out yesterday showed voters across the country breaking in favor of Republicans. Continued here: GOP in late poll roll
Iran Acknowledges Espionage At Nuclear Facilities
TEHRAN – Iran revealed for the first time Saturday that some personnel at the country’s nuclear facilities were lured by promises of money to pass secrets...
[Video] Should the U.S. be Classified as an Emerging Market for Investment Purposes?
An interesting debate on CNBC on whether the U.S. should now be classified as an emerging market for investment purposes? While easy to laugh it off, the country...
As mining limps ahead, Botswana eyes diversity
Per the country’s Central Statistics Office (CSO), Botswana’s gross domestic product (GDP) contracted by 8.4 percent in the second quarter of 2010 compared...
Ireland’s Troubles Spell Impending Doom for the Euro
The Irish government has given the world a peek into the country’s real bailout costs. And it isn’t pretty. All of a sudden, the Emerald Isle is on track to...
Obama Appoints Warren an Adviser to Shape New Consumer Agency
– President Barack Obama appointed Harvard law professor Elizabeth Warren an adviser to help shape the new Consumer Financial Protection Bureau, calling her...
Today in Russian Business – September 17, 2010
Deputy Finance Minister Anton Siluanov has pledged that the Kremlin will stand by Russia’s 460 monotowns, despite analysts’ warning that they are burdensome...
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