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News & Updates
Source: Independent (UK)
The US will be hit harder than almost any other country by climate change, according to a major new report.
September 25, 2018 $100 Oil Is A Distinct PossibilitySource: oilprice.com
The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent non-OPEC supply from plugging the gap. To top it off, new regulations from the International Maritime Organization...
September 25, 2018 UK's Labour opposition says preparing to vote down PM May's Brexit dealSource: Reuters
LIVERPOOL, England - Britain’s main opposition Labour Party is set to vote down any deal Prime Minister Theresa May clinches with the European Union and is open to a second referendum with the option of staying in the bloc, its...
September 24, 2018 US and China exchange new trade war blows as latest round of tariffs takes effectSource: CNBC
The latest round of tariffs targeting U.S. and Chinese goods went into effect Monday, raising the stakes in an escalating trade war between the world's two largest economies.
September 24, 2018 Britain's opposition Labour backs new election to solve BrexitSource: CNBC
Britain's opposition Labour Party prefers a new election to a second referendum on Brexit, its leader said on Sunday, heaping pressure on Prime Minister Theresa May whose plans for a divorce deal with the European Union have hit...
September 24, 2018 Danske Threat to Denmark's AAA Rating Triggers Political ActionSource: Bloomberg
s Denmark comes to grips with its role in one of Europe’s worst dirty money sagas, its parliament is working overtime to stop the nation’s credit rating from being dragged down by the scandal.
September 24, 2018 America's Libor Alternative Is Gaining Traction on Wall StreetSource: Bloomberg
Since the debut of the Secured Overnight Financing Rate almost six months ago, futures have launched in Chicago, swaps are being cleared in London and about half-a-dozen issuers have sold debt linked to the nascent benchmark.
September 24, 2018 Oil jumps to a 4-year high after OPEC denies Trump and fails to raise outputSource: CNBC
Oil prices jumped more than 2 percent to a four-year high on Monday after OPEC declined to announce an immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply.
September 21, 2018 The depths of one of Europe’s largest money laundering scandals have been exposedSource: Think Progress
This week, Danske Bank, Denmark’s biggest lender, released the findings of an investigation into the Estonian branch’s work from 2007 to 2015. The conclusions were staggering. The bank revealed that it had handled over $230...
September 21, 2018 Cargill ground beef products recalled over E. coli outbreak after 1 death and 17 reported cases of illnessSource: ABC13
The U.S. Department of Agriculture has issued a recall for more than 132,000 pounds of ground beef products over E. coli concerns.
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