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News & Updates

December 18, 2014 European Markets Surge On US Optimism

Morningstar - The monthly growth was expected to slow to 0.4% from 1% in October. The Euro îStoxxî 50 index of eurozone bluechip stocks was gaining 2.28%, while the îStoxxî Europe 50 index, which includes...

December 17, 2014 OPEC signals ‘wait and see’ approach could last a year

Source: Euro News

Core Gulf OPEC oil producers signalled this week they are prepared to wait as long as six months to a year to see the market stabilise, quashing hopes for any quick intervention to stop the price rout that took crude to under...

December 16, 2014 What Russia’s Ruble Collapse Means for the World

Source: Time

A financial crisis would make the Kremlin more unpredictable, wreck western banks and heap misery on the Russian people

December 12, 2014 Outsourcing to China Cost U.S. 3.2 Million Jobs Since 2001

US News and World Report - Jobs outsourced to China have diminished American employment opportunities and have helped contribute to wage erosion since 2001, when China entered the îWorld Trade Organizationî, new...

December 11, 2014 Norway’s Shock Rate Cut Drives Krone to Lowest Since 2009

Source: BusinessWeek

Norway’s central bank cut its main interest rate for the first time in more than two years and signaled it may ease again next year as plunging oil prices threaten growth in western Europe’s biggest crude exporter.

December 8, 2014 Why the dollar is still king

Source: CNBC

A question that has frustrated even the most experienced economists in the last few decades is how the dollar has remained the most prominent reserve currency in the world despite the global share of U.S. output eroding away.

December 5, 2014 Cadillac to Build 95% Cars Locally by 2018 for China Push

Source: BusinessWeek

General Motors Co. (GM:US) will build more than 95 percent of its Cadillac lineup locally in China by 2018, as part of its strategy to make the country a key market for the premium brand alongside the U.S.

November 29, 2014 U.S. Appeals WTO Meat-Label Ruling

Wall Street Journal - The Obama administration Friday appealed a recent îWorld Trade Organizationî ruling that would have limited meat-origin labeling, angering Canadian officials who threatened retaliation for what...

November 26, 2014 Saudis signal no push for oil cut as market to "stabilise itself"

Source: Reuters

OPEC leader Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output at the producer group's meeting this week, a day after Russia refused to cooperate in any production cut.

November 25, 2014 European shares at two-month high, oil flat ahead of OPEC

Source: Reuters

Bets on more central bank support kept European shares at a two-month high and the region's bond yields at record lows on Tuesday, as oil prices hovered at just under $80 a barrel ahead of an OPEC meeting this week.

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