Same difference in public policy
Ruling regimes, irrespective of ideology, have benefited the middle class and rich
Ruling regimes, irrespective of ideology, have benefited the middle class and rich
The last two weeks have seen quite a flurry of news about Russia taking its Arctic projects to the next level, tapping into the “colossal” reserves of this still somewhat underdeveloped production region. In order to grasp the complexity of the task Russia faces with all its indisputably bountiful Arctic zone, one has to analyze bit by bit the paradoxes and undercurrents of its oil production in general – then you might understand how Gazprom Neft can claim at the same time that it “can do anything... Читать дальше...
Brent crude moved over $70/barrel in the first half of April, despite a weak global economy. In its latest World Economic Outlook, the IMF reduced both its estimate of global growth in 2018 and its forecast for 2019, which fell from 3.7% to 3.3%. If realised, this would be the weakest expansion of global GDP since the 2009 financial crisis. Although the IMF sees something of a recovery in 2020, the OECD’s composite leading indicator has been below its long-term average of 100 since July 2018 and remains on a downward trend... Читать дальше...
Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District, in the heart of the clashes between Haftar’s LNA forces and militias supporting the Government of National Accord (GNA). The view of the clashes from Ain Zara:Copyright: Oilprice.comCopyright: Oilprice.com Militias from Tripoli and neighboring towns such as Misrata and Zawya have united their forces into... Читать дальше...
With China’s notoriety as the world’s largest electric-vehicle market, it’s hardly any wonder that all international carmakers are vying for a piece of the EV pie that is only going to grow bigger there thanks to new government policies. So far, however, they have been falling behind the local market leaders. At the Auto Shanghai show this week, giants such as Volkswagen, GM, and Nissan will showcase their latest and most attractive products in the EV segment in hopes to gain market share in China. Читать дальше...
Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is that Trump’s decisions on waivers for buyers of sanctioned Iranian crude and a potential US/China trade deal will be the two most important events for traders to watch. This week things got slightly more interesting in terms of geopolitical risk as Russia sent a chill down the spine of crude oil bulls by questioning their commitment to the OPEC+ pact. Читать дальше...
Saudi Arabia’s oil giant Aramco is in “serious discussions” to buy up to 25 percent of the refining and petrochemicals businesses of India’s largest company, Reliance Industries, The Times of India reported on Wednesday, citing people with knowledge of the developments. Aramco first showed interest in Reliance’s downstream business four months ago, but discussions have sped up since Saudi Crown Prince Mohammed bin Salman visited India in February, according to The Times of India. The two sides... Читать дальше...
For the first time this year, global benchmark Brent hit a record of $72 per barrel on Wednesday, palpably reinvigorating crude market sentiment around the globe. Even though China’s Q1 economic growth of 6.4 percent and a further 3.2 percent year-on-year refinery throughput hike certainly did help crude prices – as well as an expected US commercial crude inventory drawdown – the market’s largest issue to resolve is the overall scarcity of heavy and sour crudes. If heavy supply remains at the current... Читать дальше...
TOTTENHAM travel to Manchester City in tonight’s Champions League quarter-final second leg tie at the Etihad Stadium. Follow the action LIVE with Express Sport.
NIGEL FARAGE has revealed he would “much rather not” fight in May's European Parliamentary elections but warned he now faces “no choice”.
After questioning the Islamic tradition he had practiced for a few years, Christopher Booty delved into its history and explored other world religions -- which eventually led him to Catholicism.
The 43-year-old has been announced as the latest addition to The Back and Yellows technical team
This article was originally published on ETFTrends.com.
Las Vegas Mayor Carolyn Goodman’s swearing-in for a third term Wednesday has been postponed until May because she isn’t feeling well.
Legal experts say it would be hard to prove
The C-Space Project Mars simulation base in the Gobi Desert outside Jinchang, Gansu Province, China.
For years prior to announcing his candidacy, he was a regular guest on "Fox and Friends."
Making your own beet horesradish is easy and fun, and provides some great material for a pre-seder meal.
MARSHALLTOWN, Iowa (AP) — Democratic presidential contender Pete Buttigieg (BOO'-tuh-juhj) says he's proud of his record as mayor of South Bend, Indiana, but realizes some problems remain.
Читать дальше...Uncle Sam insists that we fight our enemies abroad or we'll be fighting them at home. It's a deadly lie that's met with collective apathy.
Beyonce released her much-anticipated Netflix documentary "Homecoming" andsurprise 40-track album early Wednesday morning, setting her fans abuzz
Читать дальше...Now investigators must determine whether the FBI improperly colluded with paid agents of Democratic rival Hillary Clinton's campaign.
The US Justice Department announced charges Wednesday against 60 people, including doctors, nurses and pharmacists alleged to have illegally written hundreds of thousands of prescriptions for opioids...
The annual music festival features bands, artists and vendors -- along with a grown-up Easter egg hunt with free beer tickets hidden in the eggs.
LOS ANGELES — The Writers Guild of America is suing Hollywood’s four biggest talent agencies in the latest and boldest move in an increasingly bitter fight between the two sides. The suit filed Wednesday in Los Angeles Superior Court claims that agents’ use of so-called packaging fees is illegal under California law because they pose